A new report by RELEX Solutions, provider of unified supply chain and retail planning solutions, has found that in the last year, the company’s AI-driven solutions helped RELEX food retail customers worldwide save a combined estimated 11 million kg of food waste across the supply chain thanks to more accurate forecast and inventory optimization – the equivalent of more than 35,000 tons of CO2. The figures in the RELEX Solutions 2023 Sustainability Report represent an increase of over 20 percent in food waste savings over the previous year. By enabling…
Read MoreMonth: May 2023
New home collection of reusable takeaway packaging trialled in Central London
Since Tuesday 18 April Uber Eats customers in Central London have been given the option to order their takeaway in reusable containers and easily return them in a bid to tackle single use packaging. Bringing together various businesses, the project will test and measure how localised doorstep at-home collections of reusable packaging can increase the uptake of reuse systems and improve convenience. The system has been developed to make it as easy and convenient as possible for people to take part. When placing their orders, Uber Eats customers can opt-in…
Read MoreMore than half of global GDP is exposed to material nature risk without immediate action, finds PwC
Businesses must place nature loss on the same level as climate change in their risk assessments, with more than half of global GDP moderately or highly dependent on nature, according to new PwC analysis. The findings of new PwC research reveal the extent to which economic activities and natural ecosystems are linked, with 55% of global GDP—equivalent to about US$58 trillion— moderately or highly dependent on nature – up almost one-third ($14tn) since 2020. To help mobilise a response from the business community, PwC is launching a global Centre for…
Read More‘Greenwashing’ crackdown call as just one in 40 UK companies fully adopts ‘gold standard’ net zero targets
Only one in 40 large UK companies have so far fully adopted the most challenging ‘gold standard’ targets for setting a course to net zero, a report by the IPPR think tank reveals, putting at risk ambitions for the UK to become a global centre for green finance. One in 20 have signed up in principle for the new ‘science-based targets initiative’ (SBTi) aimed at measuring companies’ progress, but have not actually set their targets, the report says. A further 151 small or medium enterprises (SMEs) have signed up and…
Read MoreStarbucks verifies 3,500 Greener Stores globally
Starbucks has certified its 3,508 Greener Stores globally, expanding the program to 20 markets, with many first-in-market Greener Stores across Asia Pacific, Europe, the Middle East and Africa, and Latin America and the Caribbean. Greener Stores are just one example of how Starbucks is working to reduce its environmental impact and build a more sustainable future for its communities and the planet. This latest round of certifications sets the company well on its way to achieving its goal of 10,000 Greener Stores globally by 2025. Starbucks Greener Stores Framework, co-developed with the World Wildlife Fund,…
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