Equator Principles: Global banks failing to uphold environmental and social risk agreements
An investor coalition representing more than $2.9trn has urged global banks to strengthen efforts that protect the rights of indigenous people and the environment that they rely on.
Shell invests in peer-to-peer energy trading blockchain platform
The venture fund arm of oil and gas giant Shell has invested in a US-based company that uses blockchain to enable peer-to-peer energy sharing and trading over networks.
Fashion Revolution Week: Adidas, Reebok and Patagonia top sector transparency rankings
Sportswear giants Adidas and Reebok and outdoor clothing brand Patagonia have been named as the corporates leading the fashion sector's drive for greater transparency around supply chain activity, in a new ranking of 200 of the industry's largest companies.
VW joins blockchain network for sustainable mineral sourcing
German carmaker Volkswagen Group (VW) has joined a collaborative sector initiative aimed at bolstering sustainability and traceability in global mineral supply chains through the use of blockchain technologies.
Fashion firms urged to log global supply chains on new digital open-source map
Fashion giant C&A's charitable arm, the C&A Foundation, has teamed up with geospatial technology firm Azavea to develop a new open-source digital map aimed at helping fashion retailers, suppliers and designers to boost their transparency efforts.
SDGs In Action: How Thai Union is achieving Goal 14 - Life Below Water
Welcome back to edie's new editorial series which breaks down exactly how businesses are turning the Sustainable Development Goals (SDGs) into action. Up next: seafood-based food producer Thai Union outlines how it is creating healthy oceans by changing seafood for good.
Government turns to blockchain to boost waste management transparency
The UK Government has unveiled plans to invest in startups which are using digital technologies like blockchain and machine learning to solve the nation's most pressing waste management issues.
Princes turns to blockchain to minimise supply chain sustainability risks
International food and drink firm Princes has unveiled a sweeping new set of measures to make its supply chain practices more sustainable, including a pledge to use blockchain to ensure workers' rights are protected.
Valentine's Day: How the cocoa supply chain is falling in love with ethical practices
Chocolate remains the most popular gift for Valentine's Day, but climate change and environmental pressures are already creating tensions along the global supply chain. Here, edie explores how the food and drink industry is working to make its reliance on cocoa more sustainable.
Survey: Consumers want corporates to include sustainability in profit calculations
Around four in ten members of the UK public believe that corporations should include social and environmental impacts in their profit calculations, a new survey has found.
Nespresso pledges to use 100% sustainably sourced aluminium for coffee capsules
Beverage giant Nespresso has unveiled a new commitment to use only sustainably sourced aluminium in its coffee capsules by 2020, after co-founding a new scheme to encourage the sustainable extraction of the metal.
Big-name fashion retailers collaborate to fund digital deforestation map
Seven of the world's largest fashion retailers including H&M and Kering have collectively funded the development of a new online tool that allows businesses, investors and customers to track the origin of paper, wood and viscose sourced by corporates.
PZ Cussons outlines plastics and palm oil goals
Healthcare and consumer goods manufacturer PZ Cussons has committed to reduce the amount of plastic it uses by 25% while also setting out an action plan to source all its palm oil from sustainable sources.
Almost one million garment workers covered by H&M's 'fair living wage' strategy
H&M has revealed that more than 930,000 garment workers located in its supply chain are now covered by a "fair living wage" approach, with 84% of the company's product volume now produced in factories that are improving wage standards and human rights approaches.
Tax havens shielding companies responsible for deforestation and overfishing
Money channelled through secretive tax havens has been used to fuel deforestation in the Amazon and illegal fishing around the world, racking up a heavy environmental toll but leaving few ways for businesses to be held to account.
New tech on the block: 8 ways businesses are using blockchain to drive sustainability
As the fruits of the Fourth Industrial Revolution continue to change how businesses operate within society, edie has rounded up eight of the most notable ways companies have been using blockchain to spur their sustainability actions.
Dirty fashion: Companies criticised over 'damaging' viscose use
Luxury fashion brands and high-street retailers have again been linked with the damaging production of viscose textile fibres, despite some of last year's laggards making notable improvements to sourcing practices.
PepsiCo on track for palm oil goals despite NGO concerns
PepsiCo has released an updated sourcing policy in a bid to source 100% certified sustainable palm oil by 2020, a move that the Rainforest Action Network has described as a "dodge and cover" action plan.
Report: UK supermarkets failing to protect supply chain workers' rights
The UK's largest supermarkets "routinely" implement weak human rights policies in their supply chains, "exerting relentless pressure" on their suppliers while "trapping" overseas workers in poverty, a new report from Oxfam has claimed.
The Essential Eight: edie launches supply chain sustainability handbook
Sustainability and CSR professionals looking to implement best practice to drive sustainability into the supply chain now have access to a new 'handbook' which provides expert advice and insight to tackle eight essential areas of supply chain management.
Blockchain platform to assist £19m virtual energy marketplace in Cornwall
Energy solutions firm Centrica has launched new trials to examine how blockchain technology can assist with multi-party peer-to-peer energy trading for 200 businesses and residential participants in Cornwall.
Why you need to know what the animals in your supply chain are being fed
Earlier this month, sitting in a packed room full of food and feed industry executives from around the world, we spoke together with leading retailers on why animal feed is one of the critical sustainability issue of our times.
Consumer demand for transparency to disrupt food sector, report finds
Public trust in the food sector has eroded to an "all-time low", with a new report commissioned by premium food supplier Cranswick warning that heightened consumer demand for increased transparency looks set to disrupt the sector.
Meat industry driving 'astounding' levels of deforestation, report finds
Global agribusinesses have been implored to improve the traceability of their soy and soybean supply chains, after a new report linked food products sold in European supermarkets with severe deforestation cases in South America.
Starbucks pledges £7m to develop coffee cup solutions
Starbucks has declared a "moon shot for sustainability" by unveiling a £7m funding challenge to develop recyclable and compostable coffee cups, as well as agreeing to new "bean to cup" traceability technology to improve sourcing practices.
Unilever implements 'radical step' on palm oil traceability
Unilever has become the first consumer goods firm to publicly disclose palm oil suppliers and mills that it sources from, both directly and indirectly, a move described by the firm as a "major milestone" in driving sustainability through the industry.
Transparency focus helps Kraft Heinz accelerate towards supply chain goals
EXCLUSIVE: Food processing company Kraft Heinz has enrolled in a journey of transparency to help deliver its CSR strategy, with the company's first ever sustainability report highlighting achievements with palm oil sourcing and challenges related to water consumption.
As Black Friday approaches, let’s remember the need to eliminate forced labour
November sees some of the busiest days in the shopping calendar, Singles' Day, Black Friday and Cyber Monday. Businesses will be focusing on meeting the extraordinary levels of consumer demand by studying their supply chains and eliminating any inefficiencies, making the most of technological tools like data analytics.
Nestlé, Hershey and Mars 'breaking promises over palm oil use'
Nestlé, Mars and Hershey have been accused of breaking pledges to stop using "conflict palm oil" from deforested Indonesian jungles, just days before the annual Halloween confectionery frenzy.
What can blockchain do for corporate sustainability?
The fruits of the Fourth Industrial Revolution continue to accelerate how businesses act within society; but nestled in alongside automation and the Internet of Things, can little-known blockchain truly revolutionise sustainability?
Target shoots for 100% sustainable cotton by 2022
Clothing giant Target has set a new goal to source 100% sustainable cotton by 2022 for its owned and exclusive national brands across apparel, home and essential products.
Cargill targets zero deforestation as part of SDG alignment for cocoa sourcing
Food and agricultural company Cargill has updated its sustainable cocoa sourcing strategy to align with the aims of the Sustainable Development Goals (SDGs), to boost farmer prosperity, reduce environmental impacts and enhance the traceability of its supply chain.
Cradle to Cradle: How C&A is leading the fashion industry's circular transition
EXCLUSIVE: Fashion retailer C&A is driving circularity by selling apparel products made from sustainable cotton, and the Dutch-based firm is eager to bring the rest of the industry on its journey.
Top brands doing 'little or nothing' about sustainable cotton
Major brands such as Next and Ralph Lauren are failing to make sufficient progress on sourcing sustainable cotton, according to the findings of a new report.
IBM blockchain food safety programme attracts global firms
A host of major firms including Nestlé, Unilever and Walmart have established a collaboration with tech giant IBM to explore how the global food supply chain can benefit from blockchain technology.
Pepsico, Unilever and Nestlé accused of complicity in illegal rainforest destruction
Pepsico, Unilever and Nestlé have been accused of complicity in the destruction of Sumatra's last tract of rainforest shared by elephants, orangutans, rhinos, and tigers together in one ecosystem.
Dirty Fashion: Global retailers vow to respond to 'toxic' supply chain practices
Fashion retailers H&M and Marks and Spencer (M&S) have vowed to implement new supply chain management approaches, after a new report linked some of the world's largest fashion brands with highly-polluting facilities that are producing man-made viscose fibres.
General Motors to source sustainable natural rubber tyres
Car manufacturer General Motors has made an industry-pioneering commitment to source sustainable natural rubber in its tyres, in a bid to help drive net-zero deforestation in the sector.
IOI commits to 'best-practice' peatland and deforestation plans
One of the world's biggest palm oil suppliers has committed to address deforestation and exploitation in its supply chain, which had caused major brands to cancel contracts with the firm.
Fashion Revolution Week: Spotlight turns to supplier transparency as reports reveal slow progress
At the start of a week dedicated to generating awareness over sustainability issues in the fashion sector, a flurry of new reports have demanded greater transparency to help improve working conditions and wages in the clothing supply chain.
Tech firms urged to expand gaze to account for 'myriad' of conflict mineral risks
Tech companies may be exposed to human rights violations in supply chains by failing to examine the "myriad of risks" that can be found outside of the traditional homes of conflict minerals, a new report has found.