2Sustain

For a decade now, consumers have been calling on chocolate companies to take more responsibility for transparency in the cocoa bean supply chain.  Late last month, the Hershey Company announced that it is doing just that, as it assumes a leadership role in this area and extends its commitment to drive the long-term change that’s needed.

As previously pledged, Hershey has begun to reinforce its cocoa sustainability efforts by accelerating farmer and family development in West Africa, where 70 percent of the world’s cocoa is grown.

In a press release, the company outlined its plans to: (more…)

For years now, consumers, investors, advocacy groups and other stakeholders have been pressing for improved transparency in business practices, and in line with appeals like these, California legislators passed the Transparency in Supply Chain Act (SB 657), effective as of January 1, 2012.

Simply put, The Transparency in Supply Chain Act requires retailers and manufacturers to publicly disclose their efforts to eradicate slavery and human trafficking from their supply chains. The law applies to all corporations doing business in California with more than $100 million in worldwide gross receipts, and as a result, it’s estimated to affect some 3,200 companies.

Not surprisingly, the new regulations have been the subject of much debate. (more…)

Sainsbury’s, one of the UK’s leading retailers, revealed a new £1 billion (about $1.6 billion USD) sustainability plan last week, establishing 20 specific targets the company wants to achieve by 2020.

The Sainsbury’s 20 by 20 Sustainability Plan will focus on four key areas: (more…)

Last week, Molson Coors Brewing Company released its 2011 online corporate responsibility report, highlighting the company’s performance in five key areas: environmental stewardship, governance and ethics, employees and community, alcohol responsibility and responsible sourcing.

Specifically with regard to environmental stewardship, Molson Coors has shown progress in several major categories, including:  (more…)

With the economy showing clear signs of improvement, the demand for procurement software is expected to rise.

Naturally, that’s good news for us here at Aravo, and I agree with Michael Koploy who points out at The Software Advice Blog, that there are several reasons why businesses will be accelerating their investment in procurement management systems over the coming year. In particular, Michael says he has his eye on these six trends:
(more…)