ESG Sustainable Procurement News and Updates

"Investments Collaborations" News Archive

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
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
Ninian Wilson Honoured with Lifetime Achievement Award at Global Procurement & Supply Chain Awards 2024

Ninian Wilson Honoured with Lifetime Achievement Award at Global Procurement & Supply Chain Awards 2024

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.
Editorial TeamEditorial Team
|September 27th, 2024|5:33 PM
How Sustainable Procurement is Reducing Carbon Emissions in Bruzaholm Wind Farm Construction

How Sustainable Procurement is Reducing Carbon Emissions in Bruzaholm Wind Farm Construction

Vattenfall’s Bruzaholm wind farm project, slated for completion in autumn 2025, is setting a new standard in reducing carbon emissions through sustainable procurement. This 21-turbine onshore wind farm will generate 460 GWh of fossil-free electricity each year, bolstering the power supply in southern Sweden.
Editorial TeamEditorial Team
|September 20th, 2024|11:03 AM
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
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