As part of its ongoing commitment to advancing sustainability and innovation across its operations and the personal care products industry, The Estée Lauder Companies (ELC) has released its Green Score methodology to assess and measure the sustainability of ingredients and formulas based on green chemistry principles. Years of dedicated development and evaluation have culminated in the publication of the peer-reviewed manuscript, “Applying Green Chemistry to Raw Material Selection and Product Formulation at The Estée Lauder Companies,” newly published in Green Chemistry, the Royal Society of Chemistry’s journal. The authors transparently…
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Anheuser-Busch InBev adjust ESG journey with a new ambition to achieve net zero across their value chain by 2040
Climate change remains one of the most pressing global challenges facing society. At AB InBev, they state they are committed to driving decarbonization and building climate resilience through our 2025 Sustainability Goals. They are proud to announce a new ambition to achieve net zero across their value chain by 2040. Ezgi Barcenas, their Chief Sustainability Officer, made the announcement during their 2021 Investor Seminar, in which their CEO Michel Doukeris presented a new Global Purpose – They Dream Big to Create a Future with More Cheers – and their…
Read MoreOver half of businesses agree that ESG efforts are more about the bottom line than about their impact on the world
Less than a half of consumers (49%) trust brands that say they’re sustainably and ethically driven in their marketing and branding, or that they are aiming to achieve net zero by a certain date (47%). Similarly, only 15% of business decision makers in business to consumer businesses are completely confident that all the materials their organisations use are responsibly sourced. What’s more concerning is the motivation behind the distrust. According to research released today by NAVEX Global®, the leader in integrated risk and compliance management software with over 13,000 customers…
Read MorePrysmian Group accelerates commitment to sustainability by adopting social targets alongside climate change ambitions
Prysmian Group, the world’s leading energy and telecom cable systems provider, has confirmed its ambition to be a global sustainability leader with the announcement of new Social Ambition targets to sit alongside its existing Climate Ambition targets. The main areas of focus of the Group’s new Social Ambition include commitments to improving diversity, equity and inclusion (DE&I); digital inclusion; empowerment of communities; and employee engagement and upskilling. New 2030 targets support delivery of Prysmian’s Social Ambition objectives and further align the Group with the United Nations Sustainable Development Goals. Valerio…
Read MoreKPMG launches multi-year program to accelerate global solutions for Environmental, Social and Governance issues
As part of its ongoing multi-billion-dollar investment program, KPMG plans to spend more than US$1.5 billion over the next three years specifically to focus on the Environmental, Social and Governance (ESG) change agenda. The ESG strategy is designed to support KPMG firms’ clients in making a positive difference. Importantly, this strategy is underpinned by KPMG’s recognition of its responsibility to improve its impact on the world and the ESG commitments outlined in KPMG: Our Impact Plan. The collective investment will focus on training and expanding KPMG’s global workforce, harnessing data,…
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