Friday in Five from Unibloom
Kids are back at school across Europe and all parents can breathe a sigh of relief.? But if you’re anything like us, you have also got a packed agenda through September and October with all of those meetings that were delayed until after summer starting to mount up.? It is also the signal for conference season to start with a myriad of conferences happening over the next couple of months, including NYC Climate Week, happening in a couple of weeks.? At the same time it is the season to be locking budgets, negotiating with customers and suppliers and looking at 2025 targets, as well as accelerating H2 at the same time.??
Welcome to our bi-weekly newsletter where we intend to inspire you with real life business action on climate, biodiversity, nature, circularity and social justice through the lens of driving business value.? Coming to you every other Friday, we want to celebrate the wins, draw attention to the challenges and occasionally even mythbust and we guarantee to do it in under five minutes.??
Summary?
Reducing the climate impact of the pork industry
We have just launched our latest Unibloom white paper which provides a comprehensive look at the pork industry and how to drive emission reduction in the sector. The pork industry remains a significant contributor to global carbon emissions, climate change, water usage, waste generation, and biodiversity loss and solutions that acknowledge the complexity inherent in the sector are desperately needed.? The paper explores a number of these solutions, focusing on how to balance financial viability, animal welfare and environmental impact.?
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Ikea develops resale platform to rival eBay
Ikea has announced a new peer to peer resale platform for consumers to sell their used Ikea furniture.? Initially launching in Madrid and Oslo, the platform will be free to sell but is a huge data opportunity for Ikea, who have made significant commitments around circularity.? Ikea are of course aware that there is already a vast amount of resale happening on their products across resale platforms but don’t have product level data to see how often products are being sold, potentially which parts fail etc. If they are able to integrate sufficiently with their repair offer this could be a really exciting move for the growth of resale.? From a user experience perspective, the fact that Ikea will be able to support sellers with real product imagery, alongside user generated images may well support buyers to feel greater confidence in resale, which remains a barrier.? The biggest challenge will remain logistics, with high shipping fees for bulky items and hence why Ikea is starting at a city-level but? it will be interesting to see if they are able to continue to innovate to make the shipping experience good.??
New alternative protein centre launched in the UK
A new ‘National Alternative Protein Innovation Centre (Napic)’ has been launched in the UK and will be headed up by the University of Leeds.? The centre has received substantial funding and is aiming to develop a centre that can secure “a continuous supply of safe, tasty, affordable and healthy proteins which also support net zero goals and futureproof the UK’s food and animal feed security.”? The centre is working with researchers, businesses and regulators, but importantly also farmers.? The debate in the UK has often pitched as alternative proteins v the farming community and changing that narrative needs to be at the heart of developing this new system and integrating into the agricultural economy.??
What we’re reading this week
Companies Are Scaling Back Sustainability Pledges. Here’s What They Should Do Instead. - A really good read from Kenneth P. Pucker, Professor of practice at The Fletcher School at Tufts University and was formerly the chief operating officer of Timberland.? He reframes the widespread current narrative of businesses retrenching on sustainability targets and provides a much more nuanced view on the solutions and the long term view needed to drive change at scale.??
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