How We Can Make Holiday Season ESG Friendly?
Keesa C. S.
Supply Chain Risk, Manufacturing, Sustainability, and Tech | Business News Editor and Presenter | Author | Keynote Speaker
Because of Covid, most buying has gone online in recent years. Due to the energy required to run warehouses and the emissions from home delivery, online buying can result in higher emissions than in previous years. Shipping and delivery of online purchases account for up to 4% of global emissions throughout the year, most of which come during the Black Friday and Christmas shopping seasons.
The increased number of deliveries is one of many causes of the increase in emissions; the entire life cycle of the product must be examined. This encompasses production, packing, transportation, trash, and product consumption.
Waste is a major issue, particularly around Black Friday, when massive discounts and low-cost products entice individuals to buy stuff they don't need just to buy them. Approximately 80% of Black Friday purchases are discarded after a few uses, with others never being used at all. Between Black Friday and New Year's, trash in the United States rises by 25%. While the bulk of this waste is from packing, some is from unneeded things purchased due to the appeal of low-cost products.
As the year comes to a close, take stock of all your waste streams and consider seeking guidance on how to decrease trash and recycle more effectively in the coming year. Expanding the types of materials that you may recycle is a huge step toward minimizing trash sent to landfills, whether you are a food services business with a high street site, an e-commerce firm, or offer B2B services.
Although the holidays are definitely the most wasteful time of year in America, we've shown that huge issues, like reducing plastic consumption, can be handled with big solutions.
With appreciation,
Keesa Schreane?
ESG Friendly Holidays
The holiday season is traditionally a time of peace, happiness, family, and presents. Despite the harsh circumstances that many people have had in 2022, it is an opportunity to unite and spend a relaxing and cheerful moment.
For investors, this may imply considering your portfolio's environmental, social, and governance credentials, as well as their ESG risks.
We attempted to determine how ESG-friendly Christmas is from a sustainability standpoint! And, while spending money on new things may not appear to be environmentally responsible, perhaps thinking sustainably can be done without you having to rewrite your Christmas shopping list. Don’t you think?
The holidays should be a time for sharing experiences, making connections, and, most importantly, respecting the planet that we call home year after year. Continue reading to discover four simple ways to incorporate a little bit of sustainability, as well as a lot more gratitude and giving, into this holiday season.
Lighting is important during the holidays! You may host people, have a table, or just have a big gathering. That’s why you should choose to buy LED lights! They utilize a tenth of the energy of traditional lights and endure for years.?
A timer will help you save a ton of energy and emissions whether you're lighting conventional string lights, a complete Christmas tree, or even a "Christmas with the Kranks" type entire light-up house. Set the timer to turn off all your lights throughout the day and in the early hours of the night (after 1 or 2 a.m.!) while your neighbors are asleep. This will not only save you money on power, but it will also eliminate some of the huge energy waste that occurs around the holidays.
2. Give back
This Christmas season, we're asking you to set the table not only for yourself but also for someone in need! Whether it's contributing time and services or delivering canned goods or leftover Christmas dinners to local shelters or nonprofits. However, do some research or contact ahead to see what your local charity would accept—and what their community wants. It is not only a terrific way to include the family in your sustainable holiday objectives, but it also leaves everyone feeling warm and fulfilled afterward.
3. Green Gifting
We generate over 4 million tons of gift wrap and shopping bag trash in the United States alone each year. In reality, 50% of all paper consumed in the United States is used to wrap and adorn consumer goods—often for a short period of time before becoming non-recyclable garbage. However, there are better ways to wrap your gift while minimizing the environmental impact.
Reusing ribbons, bows, and gift bags is another fantastic method to keep present wrapping green! If every household reused only two feet of holiday ribbon the following year, 38,000 miles of ribbon could be saved, which is enough to wrap a bow around the whole Earth. All you have to do is keep a "reuse-it" bag in your storage closet, and whenever you receive a gift, save what you can reuse the following year!
4. Spread the Sustainability Spirit
Fact: around 60% of Americans admit to receiving unwanted presents during the holidays, with approximately 52% regifting them. Some estimate that this equates to around $9.5 billion dollars purchased and thrown away on undesirable things. This year, approach unwanted presents in many ways, beginning with making it plain to friends and family what you do and do not want to receive and then regift things in your own life that you no longer require. Then, for the gifts you've already received and disliked, consider whether someone in your life might welcome a gift.?
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Where’s Keesa?
?Featured in U.S. News
Great discussion around the politicization of ESG with TD Ameritrade Network The Watch List Nicole Petallides ESG Investing Can Improve Finances, Worker Health & Safety | TD Ameritrade Network
"There is a lack of clarity around the importance of considering 'risk' as well as 'return' around ESG, says Keesa Schreane. She discusses the state of ESG investing. She notes that having an eye toward sustainability issues can improve businesses finances and improve worker health and safety. She then goes over how ESG investing can drive solutions to climate and social issues while still growing returns for investors. She also talks about how to make ESG investing lasting and successful. Tune in to find out more about the stock market today.”
Watch the full interview here
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If you are also on the frontlines pushing for the adoption of ESG, I want to learn about your work! In our following newsletters, we will feature ESG innovators and their unique contributions to the community.
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