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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.

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.

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.

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.

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.

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.

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.

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.

In an era where sustainability is increasingly pivotal to corporate responsibility, The Estée Lauder Companies (ELC) has positioned itself at the forefront of sustainable practices within the cosmetics sector. The company's recently published Social Impact and Sustainability (SI&S) Report for 2024 outlines its significant advancements in sustainable sourcing and packaging, setting a high bar for environmental stewardship and supply chain transparency.

London – Ninian Wilson, the esteemed Global Supply Chain Director and CEO of Vodafone Procurement, has been awarded the prestigious Lifetime Achievement Award at the inaugural Global Procurement & Supply Chain Awards. This recognition highlights Wilson’s profound influence and commitment to excellence in procurement and supply chain management.