Day: 18 March 2023

40% of the Forest 500 have yet to set a single policy on deforestation

Stuart Mitchell

Global Canopy’s 9th annual Forest 500 report and ranking finds that the companies and financial institutions with the most influence on deforestation are taking insufficient action on deforestation, with the finance sector “woefully behind”. Global Canopy’s latest Forest 500 report and ranking, which tracks the policies and performance of the 350 most influential companies and 150 financial institutions most exposed to deforestation risk in their supply chains and investments, has been published. The latest assessments show very slow progress on deforestation action. None of the companies and financial institutions in the Forest…

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Currys Takes Refurbished Tech Online

Stuart Mitchell

The UK’s leading technology retailer, Currys, has announced that it is trialling sales of refurbished technology on its website. With customer demand being driven by a growing eco-consciousness amongst the British public, as well as the financial challenges of the cost-of-living squeeze, Currys started selling cheaper, pre-owned mobiles, laptops and Chromebooks on currys.co.uk in November 2022. Sales of second-hand items have boomed since the trial began, with 80% of the refurbished product lines selling out within the first week of sales. Refurbished laptops are in particularly high demand – without…

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Salesforce to Buy 280,000 MWh of Renewable Energy to Increase Clean Power Access in Emerging Markets

Stuart Mitchell

At GreenBiz 23, Salesforce announced it will purchase 280,000 megawatt hours (MWh) of renewable energy certificates from small, distributed energy projects over the next eight years to accelerate clean electricity access in emerging markets and help maintain its commitment to match 100% of the electricity it uses with renewables.  Salesforce has contracted with Powertrust, an aggregator of high-impact renewables around the world, and will leverage Distributed Renewable Energy Certificates (D-RECs) – an innovative financial mechanism that enables organizations to accelerate deployment of capital for small-scale, distributed renewable projects – to…

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IKEA expands renewable electricity programme to suppliers in ten additional markets

Stuart Mitchell

The increased share of renewable electricity in production is one of the key contributors to why the total IKEA climate footprint decreased by 5% in absolute terms in FY22, compared to FY21. To speed up the reduction of the climate footprint from production, IKEA has decided to include ten additional markets into the programme to support suppliers to switch to renewable electricity. Almost two-thirds of the IKEA climate footprint is directly connected to the supply chain, including production at suppliers. To contribute to limit climate change to 1.5°C by drastically…

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CIPR and Taylor Bennett Foundation launch industry-led Reverse Mentoring Scheme for PR professionals

Stuart Mitchell

The Chartered Institute of Public Relations (CIPR) and Taylor Bennett Foundation launches the Reverse Mentoring Scheme 2023 following another successful run. Over the following 10-months, the scheme will challenge the general organisational infrastructure and representation in PR and communications. Championing diversity and inclusion will help to build trust and transparency for inclusive cultures and change in the industry.  The scheme supports progressive learning as senior leaders are paired with a PR and comms professional from the Black, Asian and ethnic minority backgrounds. Our participants will exchange insight, challenges and experiences…

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