2Sustain

Earlier this month, Sprint announced it is joining the World Wildlife Fund’s (WWF) Climate Savers program.

As one of only 28 companies in the Climate Savers program, Sprint joins IBM, The Coca-Cola Company and Johnson & Johnson and others that have agreed to take aggressive measures to scale up climate protection efforts.

Even among these sustainability leaders, however, Sprint’s commitment is particularly noteworthy. It is now one of only two companies in the Climate Savers program to address all scopes of GHG emissions through the WWF agreement. Sprint is the only US company to do so, and it joins KPN, a Dutch telecommunications company, as the only other partner in the Climate Savers program to commit to such a multifaceted GHG emissions reduction strategy for its own operations, suppliers and consumers.

Sprint’s commitments include: (more…)

The logistics sector is an increasingly significant contributor to the global economy –and it’s also an increasingly significant consumer of fossil fuels.

To me, that indicates that logistics companies are facing considerable sustainability-related risks. Are there steps these companies can take to mitigate these risks while enhancing their competitiveness in today’s increasingly complex global business environment?

A new report from RBC and Supply Chain & Logistics Association Canada (SCL) takes a detailed look at that question and ultimately, concludes that environmental sustainability should be considered both a key issue and an important opportunity for Canada’s transportation and logistics companies.

According to the report, CEOs in the logistics sector need to grapple with five specific environmental challenges: (more…)

Citing increased pressure from shareholders, half of the multinationals in a recent study said they expect, in the future, to select their suppliers based upon carbon performance.

The research, commissioned by Carbon Trust Advisory, consisted of phone interviews with 100 organizations that have at least 1,000 employees worldwide. The data shows that: (more…)

Last week, I discussed how Nike and Puma have pledged to eliminate the release of all hazardous chemicals across their supply chains (and now adidas has made a similar commitment).

It’s too early to know what impact these new initiatives will have on manufacturing costs. But, if making sustainable apparel costs more and those costs are passed on to consumers, how will Nike, Puma and adidas customers react?  A new study from the University of Missouri offers some insights.

Gargi Bhaduri, a doctoral student, and Jung Ha-Brookshire, an assistant professor of textile and apparel management in the College of Human Environmental Sciences at the University of Missouri, surveyed apparel consumers to find out if they were willing to pay a premium for products made using sustainable and ethical methods.

They found that consumers would be willing to pay 15 to 20 percent more for “eco-friendly” products. However, they also found that consumers were also likely to remain skeptical about apparel companies’ claims of transparency and sustainability.

Consumer skepticism of corporate transparency stems from the suspicion that sustainability claims are falsified or exaggerated by apparel companies for use as marketing ploys. In other words, greenwashing persists as a significant, and nagging, problem. Before they buy sustainable apparel, savvy consumers feel the need for assurances such as: (more…)

Water is quickly becoming a significant business growth and development risk.

In fact, after polling 150 large corporations, CDP Water Disclosure found that nearly 40 percent of responding companies had already experienced disruptions in operations, increases in expenses and other detrimental impacts related to water. Of course, government entities are also increasingly concerned with water-related disruptions, and they’re seeking viable approaches for mitigating risks, as well.

Fortunately, a new group promises to offer the kind of information needed for public and private sector decision-making regarding water risks.

Launched just last week, the Aqueduct Alliance is a consortium of leading water experts from the private and public sectors, NGOs and academia. It was founded by the World Resources Institute (WRI), Goldman Sachs and General Electric, but already the alliance has added Bloomberg, The Dow Chemical Company, Talisman Energy, and United Technologies. The Coca-Cola Company is also engaged and will be providing an extensive global database of once proprietary water risk information to support Aqueduct’s work.

From the alliance’s website: (more…)