ESG Sustainable Procurement News and Updates

All News

Belgium’s Adoption of EU Corporate Sustainability Reporting Directive: A Game Changer for ESG Transparency

Belgium’s Adoption of EU Corporate Sustainability Reporting Directive: A Game Changer for ESG Transparency

In a significant move to elevate corporate transparency on sustainability issues, Belgium has officially implemented the European Union’s Corporate Sustainability Reporting Directive (CSRD), further solidifying its commitment to climate action and responsible business practices. The CSRD introduces a new set of rigorous requirements that will reshape the way companies across Europe disclose environmental, social, and governance (ESG) information. For Belgium, this marks a decisive step toward aligning with EU-wide sustainability mandates and raising the bar for corporate accountability in a rapidly changing world.
Editorial TeamEditorial Team
|December 14th, 2024|12:08 AM
 Better Cotton Calls for Overhaul of EU’s Environmental Footprint Methodology for Fashion

Better Cotton Calls for Overhaul of EU’s Environmental Footprint Methodology for Fashion

Better Cotton, the global sustainability initiative for cotton production, has joined forces with the Make the Label Count coalition (MTLC) to urge the European Commission (EC) to reassess its Product Environmental Footprint (PEF) methodology for fashion and textiles. The coalition, comprising over 50 organizations from the natural fibre and environmental sectors, is pressing for more accurate and credible sustainability metrics in the industry.
Editorial TeamEditorial Team
|December 14th, 2024|12:08 AM
Net-Zero Urgency Grows for Procurement Leaders Amid Progress Slowdown

Net-Zero Urgency Grows for Procurement Leaders Amid Progress Slowdown

A recent study from Sourcing Champions signals a concerning stall in net-zero progress among global companies, particularly in emissions tied to supply chains and procurement. While larger firms are more likely to have set formal net-zero targets, many small- and medium-sized enterprises (SMEs) lag behind. This growing disparity, especially among smaller firms critical to global supply chains, could undermine broader climate goals if left unaddressed.
Editorial TeamEditorial Team
|November 15th, 2024|9:33 AM
DNA Tracking Technology: Revolutionising Transparency in the Apparel Industry

DNA Tracking Technology: Revolutionising Transparency in the Apparel Industry

The apparel industry, long criticized for its opaque supply chains, may be on the brink of transformation through the adoption of DNA-based tracking. As stakeholders increasingly demand proof of ethical practices, sustainability, and authenticity, DNA technology offers a sophisticated and virtually tamper-proof solution for ensuring transparency, countering counterfeit goods, and strengthening quality control measures.
Editorial TeamEditorial Team
|November 15th, 2024|9:33 AM
COP29: A Defining Moment for Global Climate and Energy Transition Finance

COP29: A Defining Moment for Global Climate and Energy Transition Finance

As COP29 opens this week in Azerbaijan, global leaders are gathering with high expectations to deliver on COP28’s groundbreaking resolutions to phase out fossil fuels and triple renewable energy capacity by 2030. Positioned as a "finance COP," COP29’s mission is to establish mechanisms and targets that will fund this historic energy transition. Yet, with Azerbaijan—a nation heavily reliant on fossil fuels—as host, the outcome depends heavily on whether progressive nations can steer the summit toward concrete action.
Editorial TeamEditorial Team
|November 15th, 2024|9:33 AM
Green Skills Gap in the US Workforce Threatens Corporate Sustainability Goals

Green Skills Gap in the US Workforce Threatens Corporate Sustainability Goals

A widening skills gap in the United States may hinder both corporate and national ambitions to achieve critical climate targets. LinkedIn’s recent Global Green Skills Report reveals that U.S. companies are facing a shortage of “green skills”—from decarbonization expertise to sustainable procurement knowledge—necessary to align with sustainability goals. While demand for green-skilled workers surged over the last year, the supply has struggled to keep pace. The report suggests that the current green talent pool must double if businesses are to support increasingly ambitious sustainability frameworks.
Editorial TeamEditorial Team
|November 15th, 2024|9:32 AM
Ecuador’s Banana Industry Navigates EU Sustainability Demands

Ecuador’s Banana Industry Navigates EU Sustainability Demands

Ecuador remains a world leader in banana exports, with the EU serving as its largest market. However, the growing sustainability and compliance requirements imposed by European regulators are creating both opportunities and challenges for Ecuador’s banana sector. As the industry aligns with the EU’s Green Deal and “Farm to Fork” strategy, stakeholders are seeking solutions to balance increased costs with fair pricing practices.
Editorial TeamEditorial Team
|November 6th, 2024|6:29 PM
Adore Me Champions Sustainability with Digital Product Passports

Adore Me Champions Sustainability with Digital Product Passports

Adore Me, the lingerie brand owned by Victoria’s Secret, is making strides in sustainable fashion through its partnership with CommonShare. Since joining Adore Me’s Sustainability Accelerator last summer, the two companies have collaborated on the implementation of real-time digital product passports (DPPs) for 100 items, with plans to expand this initiative across the entire product range by early 2025.
Editorial TeamEditorial Team
|November 6th, 2024|1:00 PM
Assessing the Implications of the EU’s Corporate Sustainability Due Diligence Directive

Assessing the Implications of the EU’s Corporate Sustainability Due Diligence Directive

As global awareness of human rights and environmental issues heightens, the European Union has responded with legislative measures to address these challenges, most notably the Corporate Sustainability Due Diligence Directive (CS3D). Adopted by the European Parliament in April 2024 and coming into effect on July 25, 2024, the directive mandates EU member states to integrate these provisions into national laws by July 26, 2026.
Editorial TeamEditorial Team
|November 6th, 2024|12:58 PM
Transforming Humanitarian Operations: A New Era of Sustainable Solutions

Transforming Humanitarian Operations: A New Era of Sustainable Solutions

The Biobased Solutions Catalogue, part of the WORM Project, promotes eco-friendly, bio-based products for humanitarian operations, reducing plastic waste and supporting sustainable procurement.
Editorial TeamEditorial Team
|November 6th, 2024|12:57 PM