Clearyst Newsletter - October 2024
Updates from Clearyst and Across the Sustainability World
Stay informed with the latest insights and developments from Clearyst
Recent News
Cipher: Lower Interest Rates Expected to Help Renewables - The 0.5% decrease in interest rates by the US Fed should provide relief for the renewable energy sector. Per economists at Wood Mackenzie, a 2.0%-point swing in rates can mean a 20% change in the total cost of the electricity from a renewable-energy venture over its lifetime.
BCG: Boosting Your Bottom Line Through Decarbonization - Leading companies are going beyond foundational actions, such as measuring and reporting, and adopting more advanced initiatives - with financial benefits equal to over 7% of their revenues.
Bain & Company: The Visionary CEO's Guide to Sustainability 2024 - Amid a host of competing priorities, sustainability remains a focus for leaders and consumers. Asking and answering four main questions can help CEOs set the best path forward, creating opportunities and setting the stage for profitable growth.
University of Cambridge: From ESG to Competitive Sustainability - Despite backlash against ESG, the business case for sustainability is clear and enduring. Companies must go beyond targets and commitments for individual company change – and instead focus on a ‘whole of economy’ transition, with a strategy to compete and win within that transition.
LinkedIn: Global Climate Talent Stocktake - As companies and countries globally take action on climate and sustainability-related commitments, current trends indicate there will be more than 2x jobs requiring “green skills” by 2050 as there will be qualified workers.
MIT: State of Supply Chain Sustainability report - The 2024 report, based on surveys from 7k+ supply chain professionals in 80+ countries, highlights five years of global progress while also uncovering the gaps between companies' sustainability goals and the investments required to achieve them.
Clearyst Updates
Clearyst to Feature at October Sustainable Brands Event
Jamie Simon and Julia Craighill from Clearyst will be featured alongside Olivia Barker from the Circular Action Alliance , as they provide a deep dive into the evolving landscape of Extended Producer Responsibility (EPR) laws. Learn more and register here.
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Hit Promotional Products Uses GBB to Achieve Improved Sustainability Performance
Discover how Hit Promotional Products used Green Business Benchmark° to implement and manage its entire sustainability program, achieving Platinum certification, reducing waste, and securing new eco-conscious clients.?Download the full case study.
Clearyst Co-Founder's Climate Week NYC Roundup
Climate Week NYC 2024 did not disappoint and emphasized the vital role of business in the transition to a low-carbon economy, highlighting innovative strategies, partnerships, and solutions for climate resilience. Top takeaways include: (1) the growing emphasis on circular economy practices, showcasing how companies can reduce waste and improve resource efficiency; (2) the expansion of green financing initiatives aimed at accelerating corporate climate commitments; and (3) the role of technology and data in enhancing transparency, enabling businesses to track and reduce their carbon footprints effectively. - Paul Ghiz
Events
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