Tag: transparency

IKEA increases transparency about origin of wood in products

Stuart Mitchell

IKEA is moving toward greater transparency with an industry-first global wood supply map sharing where all the wood material in IKEA products comes from and more information about why it plays such an essential role in the range. IKEA uses wood more than any other material, and for the very first time, shares all of the 45 markets suppliers sourced wood from in FY22. By sharing this new information, IKEA aims to build greater awareness for consumers on the approach to ensuring responsible wood-sourcing practices. “People are curious to know…

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Supply Chain Due Diligence Pioneer Sourcemap Raises $10 Million to Meet Global Demand for Transparency and Traceability

Stuart Mitchell

Sourcemap Inc., the leading provider of end-to-end supply chain due diligence software, today announced it has raised a $10 million Series A funding round, led by Energize Ventures with participation from E14 Fund. With the funding, Sourcemap will further expand its operations in North America and grow its global footprint with a European subsidiary to support growing demand for supply chain due diligence. Recent supply chain disruptions have underscored the importance of end-to-end visibility in how goods and raw materials are sourced. In January 2021, the United States seized over…

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Ceres launches new effort to slash emissions and improve transparency across the food sector, sets out benchmark

Stuart Mitchell

A new effort launched today to engage 50 of the highest-emitting publicly-traded food and agriculture companies in North America, with the goal of accelerating the transition to a net zero emissions future in the global food and agriculture sector.  Coordinated by the sustainability nonprofit Ceres, Food Emissions 50 will involve institutional investors from around the world who are committed to driving the transparent corporate climate action necessary to achieve the goal of the Paris Agreement to limit global temperature rise to no more than 1.5 degrees Celsius.  As part of today’s…

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UNESCO initiates global dialogue to enhance the transparency of internet companies, with release of illustrative high-level principles

Stuart Mitchell

On Monday, 3 May, UNESCO released a new issue brief on transparency and accountability in the digital age, which includes a selection of high-level principles to enhance the transparency of internet platform companies. Internet companies are increasingly shaping areas central to UNESCO’s mandate, from freedom of expression and privacy, to education, the sciences and culture. Greater transparency into the operations of these companies is key to increasing their accountability and to promoting and protecting human rights in the digital ecosystem. We hope that these illustrative high-level principles to enhance the…

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Creative leaders call for more transparency

Stuart Mitchell

In Brandingmag’s recent Roundtable, Cannes Lions Jury Presidents Ann Mukherjee and Susan Credle, join other creative leaders to talk transparency.  Up until recently, brands would shield themselves behind carefully crafted advertising and comms, portraying only their “desired brand image”. But as consumers gain free access to more and more information, they can now see behind the curtain and evaluate brands on their own terms. Transparency has become mandatory for brands that want to ensure a steady flow of trust between them and their consumers, and as Susan Credle puts it,…

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