Month: September 2023

83% of documents from the plastic value chain make no mention of plastic-related risks

Stuart Mitchell

Planet Tracker recently released a new report “Exposing Plastic Risk”, an in-depth analysis of 8,245 documents, transcripts and filings from all areas of the plastic industry value chain (from upstream companies such as Saudi Aramco and Exxon Mobil to downstream FMCG corporates such as Mondelez and P&G) which reveals alarming tendencies in the plastic value chain’s risk management practices. The report found that the vast majority (83%) of documents from plastic industry executives from across the plastics value chain did not mention any of the risks that the plastic industry…

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RSSB develops rail industry zero waste metrics

Stuart Mitchell

The Rail Safety and Standards Board has developed a suite of metrics to measure performance across the circular economy, waste management, and resource management. The Rail Safety and Standards Board (RSSB) working with the rail industry and global consulting experts Ricardo, has completed the first phase of a project to develop  a suite of metrics to help the rail industry measure its performance towards reaching a zero waste goal of using its resources efficiently and supporting a collaborative circular economy. , Integrating these metrics across the rail industry will enable…

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Ocean, World Land Trust and Media Bounty get the UK buzzin’ with dynamic birds and bees billboards

Stuart Mitchell

Media Bounty and the World Land Trust have launched an integrated advertising campaign which uses large format premium digital out of home (DOOH) screens across the UK to build awareness around the environmental charity’s work to protect wildlife species and save threatened habitats. ‘Must be the World Land Trust’ breaks this month across six of Ocean’s large format screens in Edinburgh, Manchester, Leeds, Newcastle, London and Birmingham, supported by a large collection of digital assets and three full page advertisements in The Guardian newspaper. The DOOH work features colourful animations…

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UK Government publishes guidance on its framework to create UK Sustainability Disclosure Standards

Stuart Mitchell

The UK Government has published guidance on its framework to create UK Sustainability Disclosure Standards (UK SDS) confirming that the Secretary of State for Business and Trade will consider the endorsement of the IFRS Sustainability Disclosure Standards to create UK SDS by July 2024. Recognising the importance of disclosures that are globally comparable and useful for investor decision-making purposes, the guidance states that the UK SDS will only divert from the global baseline if ‘absolutely necessary for UK specific matters.’ The guidance also confirms that the UK Government will have…

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Gauging the ‘subscription economy’ boon to companies

Stuart Mitchell

A new study co-authored by Stanford economists Liran Einav and Neale Mahoney examines how much companies gain when customers aren’t paying attention or, if they are paying attention, don’t do anything about those automatic $12.99-a-month type of memberships they could do without. Einav and Mahoney find that business revenues are from 14 percent to more than 200 percent higher than they would be if consumers were more proactive about managing their unwanted accounts. The study comes as companies are relying more on automatic renewals to sell everything from movie streaming…

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