Month: January 2023

Norway’s sovereign wealth fund’s move highlights importance of auditing the supply chain

Stuart Mitchell

Oliver Chapman, CEO of supply chain specialist OCI and the No.1 fastest growing company in the UK, comments on the move by the world’s largest sovereign wealth fund to focus on net zero and social policies. Norway’s sovereign wealth fund, which controls $1.3 trillion worth of assets, is planning to vote against companies which don’t have net zero plans or with high internal inequality and poor diversity. The fund says it will become a more active shareholder. It is thought that other wealth funds may follow suit. “The inevitable next…

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Britvic to collaborate with suppliers to cut Scope 3 carbon emissions

Stuart Mitchell

Leading soft drinks business, Britvic, is inviting key European suppliers to update contracts to align to sustainability targets and significantly cut carbon emissions. This is a huge step towards Britvic’s Healthier People, Healthier Planet 2025 targets which will seek to reduce Scope 3 emissions by 35%, strive for all priority raw materials to be 100% sustainably sourced, and have increased supply chain mapping for high-risk materials. As a first step, over the next year suppliers will be requested to sign up to sustainability platforms such as Sedex and EcoVadis, helping…

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Unite Students partners with youth intervention charity

Stuart Mitchell

Unite Students, the UK’s leading owner, manager and developer of student accommodation, has partnered with Streets of Growth, a leading youth intervention charity. Unite Students will provide two floors of space to the organisation at its flagship London property, Hayloft Point, to allow it to undertake vital work in the local area. Streets of Growth, which was founded in 2001, is a dynamic, ‘life changing’ youth intervention charity, engaging with disadvantaged and marginalised young adults (aged 15-25). It works closely with the police and other agencies to tackle knife crime,…

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Businesses bolstering marketing budgets to compensate for slow growth say top CMOs

Stuart Mitchell

New research from the Chartered Institute of Marketing (CIM) reveals that top marketers are confident in their ability to unlock growth in 2023 against a gloomy economic backdrop. The influential poll of the most senior marketers across 75 UK and global brands recorded a two point rise in confidence for the marketing sector in 2023, despite confidence in the prospects for the UK economy plummeting 16 points against last year’s Index. The rise was five points for those working for international brands, as domestic growth hopes lagged global expectations. CIM’s…

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Instant Brands Publishes Inaugural Sustainable Development Report, Commits to Be Carbon Neutral by 2040

Stuart Mitchell

Instant Brands, maker of consumer favorites like Instant Pot® and Pyrex®, today released its inaugural Sustainable Development Report. Reflecting two years of foundational planning and accelerated efforts, the 2021 report details goals, progress to date and future commitments. “We see sustainability as a natural extension of our Made for Together promise. We believe we have a responsibility to improve the world today and protect it for future generations,” said Ben Gadbois, President and CEO of Instant Brands. “Our actions and commitments reflect the big and small ways that we as…

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