Launch of the world’s first science-based targets for nature, to mobilize businesses to address nature loss & climate change together

The Science Based Targets Network (SBTN) has launched the first science-based targets for nature, aiming to set the global standard for ambitious and measurable corporate action on nature. These targets are introduced against the backdrop of scientific consensus that emphasizes limiting global warming to 1.5C cannot be achieved without halting and reversing nature loss. Nature absorbs approximately half of the planet’s carbon emissions a year and with the latest research indicating that more than half of global GDP is moderately or highly dependent on nature, the business case for taking…

Tesco removes two billion pieces of plastic from its business

Tesco has now removed more than two billion pieces of plastic from its UK business since the launch of its 4Rs – Remove, Reduce, Re-use, Recycle – packaging strategy in 2019. In the last 12 months alone, 500 million pieces of unnecessary plastic have been identified and removed. The most recent annual savings include: More than 30 million plastic yoghurt lids removed Over 29 million pieces of plastic removed from limescale tablets packaging Nearly 24 million plastic windows removed from doughnut packaging Nearly 9 million pieces removed from nappy packaging…

The PepsiCo Foundation to Provide Capital and Coaching to Over 100 Hispanic Small Business Owners to Help Them Thrive During Tough Times

The PepsiCo Foundation, PepsiCo’s philanthropic arm, is proud to open applications for the 2023 Impacto Hispanic Business Accelerator program today. In partnership with Accion Opportunity Fund, Allies for Community Business, LiftFund, and Prospera, the program aims to bolster Hispanic-owned businesses — specifically food and beverage businesses that are beloved community staples — to address foundational business challenges and support business growth. According to the Bureau of Labor Statistics, nearly 50 percent of businesses fail within the first five years, which is why the PepsiCo Foundation is focused on keeping the…

IKEA launches MÄVINN – made with social businesses and celebrating traditional craftsmanship

Ikea’s new MÄVINN collection is all about appreciating the artisanal craft and workmanship that goes into making unique accessories for the home. The collection comprises 20 carefully crafted items, made together with seven social businesses across Asia, that provide long-term jobs for people in rural areas and vulnerable groups. MÄVINN features home accessories made using traditional artisan techniques. The collection spotlights handmade crafts, and includes baskets, rugs, a lampshade, an apron, bags, cushion covers, a wall organiser, and more. Created from leftover denim, natural fibres and handwoven textiles, the items…

FareShare and Tesco win big at Third Sector Charity Business Awards

FareShare and Tesco were celebrated at this year’s Third Sector Charity Business Awards with the top prize in the Long Term Partnership category.  The two organisations have worked together since 2012 to help alleviate poverty in the UK by ensuring surplus food within the Tesco supply chain is used to feed people and doesn’t end up as waste.   Over the last ten years, Tesco has provided food to FareShare via its distribution centres and back of store surplus, as well as funding, support from its suppliers, enabled in store and…