ESG Sustainable Procurement News and Updates
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Policy, Regulation & Compliance
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.
|July 9th, 2024|5:27 PM
Technology & Software
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.
|July 9th, 2024|5:26 PM
Policy, Regulation & Compliance
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.
|July 9th, 2024|5:26 PM
Material Innovation & Circularity
The Crucial Role of EPR in Achieving a Circular Fashion Economy
The fashion industry's rapid growth has led to severe environmental degradation, making Extended Producer Responsibility (EPR) for textiles essential for achieving a circular fashion economy.
|June 21st, 2024|10:03 AM
Apparel & Textiles
Material Innovation & Circularity
Aligning Consumer Desires with Brand Messaging on Cellulosic Fibers
Learn about the companies that are making significant strides to bridge the gap between consumer desires for sustainability and transparency and their brand messaging, such as Lenzing, Inditex, and Kering.
|June 20th, 2024|7:33 AM
Apparel & Textiles
Policy, Regulation & Compliance
Discussing the Complex Landscape of Trade, Transportation, and Compliance in the Fashion Industry
Join CommonShare's CEO Martin Smith at the USFIA 2024 Conference on November 13th to explore solutions for trade, transportation, and compliance challenges in the fashion industry.
|June 19th, 2024|10:45 AM
Policy, Regulation & Compliance
The Fashion Sustainability and Social Accountability Act: An Analysis of Its Recent Legislative Setback
Despite strong support from environmental advocates, the New York Fashion Act faces significant resistance from influential trade groups like the AAFA, posing ongoing legislative challenges for the fashion industry.
|June 18th, 2024|11:13 AM
Apparel & Textiles
Policy, Regulation & Compliance
Navigating the Impact of EU-Wide Restrictions on 'Greener' Solvents in the Textile Industry
The European Commission has recently implemented an EU-wide restriction on the use of siloxanes, a class of solvents previously marketed as a safer and more environmentally friendly alternative to perchloroethylene (Perc) for dry cleaning textiles.
|June 17th, 2024|11:29 AM
Strategies for Companies to Effectively Decarbonize Their Supply Chains
Several companies, including Carlsberg, Unilever, and Walmart, have made significant strides in decarbonizing their supply chains by setting science-based targets and engaging suppliers to adopt sustainable practices, serving as models for others to follow.
|June 13th, 2024|7:13 AM
CSDDD’s Groundbreaking Requirements Will Pose New Procurement Challenges – Here’s How Businesses Can Respond
CommonShare provides an advanced platform to help companies comply with supply chain due diligence regulations, ensuring their supply chains are free from human rights violations and environmental harm.
|June 12th, 2024|7:09 AM
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Gap Inc. Releases 2023 ESG Report, Sharing Progress on Sustainability and Inclusion
Gap Inc. has unveiled its 2023 Environmental, Social, and Governance (ESG) Report, commemorating the company's twentieth year of sustainability reporting and nearly thirty years of sustainability initiatives.
|May 2nd, 2024|11:25 AM
Better Cotton, in Collaboration With African Export-Import Bank, Joins WTO and FIFA Efforts To Scale More Sustainable Cotton Production in Africa
Better Cotton will conduct sustainability mapping and assessments in Mali and Côte d’Ivoire to support smallholder cotton farmers, complementing a partnership between WTO and FIFA aimed at enhancing raw material production in West and Central Africa.
|May 2nd, 2024|5:43 AM
Carbon Reforestation Restores Family-owned Forestland
The Climate Trust funds and completes the reforestation of 1,222 acres destroyed by Hurricane Michael in Florida's panhandle, showcasing the use of carbon-based finance for restoring family-owned forests.
|April 30th, 2024|11:03 AM