ESG Sustainable Procurement News and Updates

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Commonshare & Bureau Veritas Partnership to Enhance Supply Chain Traceability

Commonshare & Bureau Veritas Partnership to Enhance Supply Chain Traceability

Bureau Veritas Consumer Products Services has announced a strategic collaboration with CommonShare to deliver a comprehensive Bill-of-Materials (BOM) and Purchase Order traceability solution.
Editorial TeamEditorial Team
|July 18th, 2024|12:07 PM
AI and Climate Change Dominate Insurance Industry Priorities

AI and Climate Change Dominate Insurance Industry Priorities

The insurance sector's landscape is evolving, with a recent survey revealing that artificial intelligence (AI) and climate change have ascended to the forefront of industry concerns. The International Insurance Society (IIS) has published its 2024 Global Priorities Survey, which collected insights from nearly 20,000 senior executives worldwide, highlighting key strategic focuses for the year ahead.
Editorial TeamEditorial Team
|July 18th, 2024|10:16 AM
Ricron Panels Secures Series A Funding Led by Boon Sustainability to Expand Operations in India

Ricron Panels Secures Series A Funding Led by Boon Sustainability to Expand Operations in India

Mumbai — Ricron Panels, a pioneering player in the plastic waste recycling sector, has successfully raised Series A funding led by Boon Sustainability Technologies. This capital infusion will bolster the company’s growth initiatives, marketing efforts, and capital expenditures, facilitating an expanded footprint in the Indian market.
Editorial TeamEditorial Team
|July 18th, 2024|10:16 AM
Shein Shifts IPO Plans to London, Unveils Sustainability Push Amid U.S. Scrutiny

Shein Shifts IPO Plans to London, Unveils Sustainability Push Amid U.S. Scrutiny

Fast-fashion behemoth Shein is pivoting its initial public offering (IPO) strategy towards London, abandoning its previous intentions for a U.S. listing in light of rising allegations of labor abuses and significant opposition.
Editorial TeamEditorial Team
|July 18th, 2024|10:16 AM
Textile Exchange Postpones Launch of eTrackit Traceability System

Textile Exchange Postpones Launch of eTrackit Traceability System

Textile Exchange, the global non-profit organization focused on sustainable practices, has announced a delay in the rollout of its highly anticipated eTrackit traceability system following a pilot phase.
Editorial TeamEditorial Team
|July 18th, 2024|10:16 AM
Google Acknowledges AI's Contribution to Growing Emissions

Google Acknowledges AI's Contribution to Growing Emissions

Google's recent acknowledgment of artificial intelligence (AI) contributing to increased emissions highlights a critical intersection between technology innovation and environmental sustainability, raising pertinent questions for businesses engaged in sustainable procurement.
Editorial TeamEditorial Team
|July 10th, 2024|9:56 AM
Supreme Court Decision Raises Concerns for Environmental Protections

Supreme Court Decision Raises Concerns for Environmental Protections

The recent Supreme Court decision has ignited widespread concern over the future of environmental protections in the United States, with significant implications for businesses engaged in sustainable procurement. The ruling, which curtails the regulatory authority of the Environmental Protection Agency (EPA), has introduced a new layer of complexity for companies striving to meet sustainability goals.
Editorial TeamEditorial Team
|July 9th, 2024|5:27 PM
EU Clarifies CBAM's Environmental Focus, Rejecting Trade Barrier Claims with India

EU Clarifies CBAM's Environmental Focus, Rejecting Trade Barrier Claims with India

The European Union's Carbon Border Adjustment Mechanism (CBAM) has sparked significant debate, particularly concerning its potential impact on trade relations with key partners such as India. However, EU officials have recently clarified that the primary aim of CBAM is environmental sustainability, not the erection of new trade barriers.
Editorial TeamEditorial Team
|July 9th, 2024|5:27 PM
The Path Forward for Sustainable Space Exploration

The Path Forward for Sustainable Space Exploration

As the race to explore space intensifies, the imperative for sustainable practices in this domain has never been clearer. The burgeoning interest from both government agencies and private enterprises in space exploration necessitates a strategic approach to sustainability, ensuring that the benefits of space ventures are maximized while minimizing the environmental impact.
Editorial TeamEditorial Team
|July 9th, 2024|5:26 PM
Concerns Over Impact of New EU Reporting Rules on M&A Activity

Concerns Over Impact of New EU Reporting Rules on M&A Activity

The European Union’s forthcoming Corporate Sustainability Reporting Directive (CSRD) is poised to reshape the landscape of mergers and acquisitions (M&A) across the continent. This landmark legislation, mandating comprehensive ESG disclosures, has raised significant concerns within the business community about its potential impact on M&A activity.
Editorial TeamEditorial Team
|July 9th, 2024|5:26 PM