Sustainability Bulletin - 08.22.2022

Dear Friends,

We have prepared a condensed bulletin for you based on news, articles, and developments that recently took place around the globe about Sustainability.

Here’s what happened last week in our Sustainable World;

?Sustainability Goals: Commercial real estate services and investment firm CBRE Group announced a new 5-year $3.5 billion revolving credit agreement, with terms linked to a series of the company’s sustainability goals. The new facility provides incentives tied to achieving goals, including increases in the firm’s offices over 10,000 square feet that achieve sustainability certificates, increased procurement spend with sustainable suppliers and conversion of CBRE’s North American vehicle fleet to EVs. Read more: https://bit.ly/3pxNXfu

?Renewable Energy: The climate and tax package passed by the Senate will unlock some $370 billion in funding for clean energy and accelerate a historic shift in how the world is powered. Along with a parallel initiative in Europe, the bill could trigger private investments that reach into the trillions. Read more: https://bit.ly/3AxOncc

?Sustainable Energy: The world is getting hotter due to climate change. At the same time, the population is growing, and incomes are rising. Add those factors together, and you get a booming market for air conditioning (AC). Now, a Bill Gates-backed startup is poised to break this cycle with a new kind of AC that requires 50-90% less electricity than the ones we use today — and you might be able to buy a unit for your home as soon as 2026. Read more: https://bit.ly/3CklMIO

?Supply Chain: According to a new study conducted by Forrester Consulting, digital transformation, sustainability initiatives, and customer experience improvements are among the top priorities driving the development of new corporate supply chain strategies. The Forrester Consulting research study, “Increase Brand Loyalty and Generate ROI with Improved Traceability,” was commissioned by Rockwell Automation (NYSE: ROK) to understand the degree to which environmental, social, and governance commitments, external regulatory demands, and brand reputation drive private-sector interest in supply chain traceability solutions. The 2022 report summarizes the results of a survey of over 300 global supply chain leaders regarding their traceability investments. Read more: https://bit.ly/3CeqpnA

?Solar Power Plant: Iberdrola SA turned on Europe’s largest solar plant in western Spain as the country drives up output of renewable energy to cut reliance on fossil fuels. Spanish power is trading almost three times higher than the five-year seasonal average. As one of Europe’s sunniest nations, Spain is betting that greater solar generation will ease its dependence on volatile commodity markets while helping to clean up the energy mix. Read more: https://bit.ly/3QXjYcF

?Sustainability Reporting: Environmental, social and governance (ESG) imperatives have made their way from promises in press releases to strategy and operations. That is good news, given the growing consensus that sustainability is tightly linked to value creation. But it is also a challenge for leaders and organizations. Pledging a commitment to sustainability is comparatively easy. What’s much more complicated is the challenge of operationalizing it—and making critical trade-offs between short-term performance and the achievement of sustainability goals that promise to create more value in the long term. Read more: https://bit.ly/3QUQr3h

??Sustainable Tips: Want to do your part to help slow the impact of climate change? Check out these small and simple changes you and your family can make in your home and everyday activities to ensure a large and lasting difference in reducing greenhouse gas emissions. Read more: https://bit.ly/3wiUY7F

??Sustainable Tips: There are a ton of different ways to make your business more sustainable, but some methods are quicker and easier to implement than others. Here are a few of the most effective ways to make your business more sustainable, quickly. Read more: https://bit.ly/3QEyhTK

A Sustainable World is possible! ??

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