Clear industrial strategy in response to the Inflation Reduction Act vital to protect British industry

New research from WPI Economics on behalf of the Aldersgate Group, launched recently, finds that without further policy support for heavy industrial decarbonisation, the sector’s contribution to the UK’s economy is at risk. This could wipe out over £224 billion or 5.9% total gross value added (GVA) in 2050. The UK’s heavy industries and their wider supply chains are a critical foundation of the economy, contributing £152bn in GVA to the UK economy and supporting over 1.4 million jobs. across the country. However, if a thriving green industrial sector is…

Read More

EcoVadis and Leading Industry Organizations Launch The Hospitality Alliance for Responsible Procurement

EcoVadis and several leading global hospitality organizations – Accor, Hilton, IHG Hotels & Resorts, Marriott International and Radisson Hotel Group, and two global hospitality group purchasing organizations, Avendra and Entegra –  recently announced the launch of the Hospitality Alliance for Responsible Procurement (HARP). Driven by members’ commitment to improve sustainability performance, the Alliance will work to accelerate sustainable practices by fostering close collaboration with trading partners to build transparency and scale positive impact across their value chains.  “As companies seek to engage their value chain partners in their sustainability efforts,…

Read More

The Open Wing Alliance Releases 2023 Global Restaurant Report, Ranks Brands On Status Of Cage-Free Egg Transitions

The Open Wing Alliance (OWA), a global coalition of 100 organizations in 72 countries, recently released its 2023 Global Restaurant Report. The report reveals which restaurant chains are following through on their public commitments to source cage-free eggs in their global supply chains and which are falling behind. Several companies, including Starbucks, Famous Brands, Pizza Express, Restaurant Brands International, and Yum! Brands are successfully reporting progress towards their goals. The report exposes which companies aren’t being transparent, including Focus Brands, Inspire Brands, Caffè Nero, and Au Bon Pain, and asks,…

Read More

Sodexo Stop Hunger support to SSAFA reaches half a million

Sodexo Stop Hunger Foundation has increased its annual grant to SSAFA, the Armed Forces charity, by 43%, to £50,000, bringing the total funding donated since 2008 to £500,000. The annual donation supports the charity’s Homelessness Fund, enabling SSAFA to continue its life-changing work for a further 12 months. A partner to SSAFA since 2008, Sodexo Stop Hunger Foundation has provided funding for the urgent welfare provision to those most in need from the Armed Forces community, particularly veterans and their families across all three services. The Foundation’s support has enabled…

Read More

The Green Energy Transition Must Happen Roughly Three Times Faster than Previous Fuel Transitions to Maintain a Livable Planet

Renewables and other low-carbon solutions must ramp up from 12% of the energy supply in 2021 to 50%-70% by 2050, according to industry standard models, to limit global warming to 1.5°C above preindustrial levels. This is around three times faster than previous transitions, for example to coal and to hydrocarbons. These are among the findings of a new publication released recently by Boston Consulting Group (BCG) Center for Energy Impact, titled The Energy Transition Blueprint.  Total world consumption of electricity is projected to roughly double by 2050. More than 775…

Read More