Sustainability Bulletin - 10.17.2022

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;

?Sustainable Manufacturing: Toyota Texas is celebrating the start of production on the all-new, all-hybrid Toyota Sequoia. Alongside the all-new Tundra, the vehicle will be exclusively assembled in San Antonio’s upgraded facility. To celebrate, Toyota Texas donated a combined $100,000 to the San Antonio River Foundation and the San Antonio Parks Foundation in support of tree preservation and other local environmental stewardship initiatives. Read more: https://bit.ly/3yHfFeT

?Sustainable Banking: Sustainability has become a topic of crucial importance for many corporations, including financial institutions. One reflection of this is the strong growth in sustainable debt instruments, which according to BloombergNEF surpassed $1.6 trillion in 2021. In contrast, sustainable global transaction banking (GTB) is still in the early stages, but its potential for growth is significant. Read more: https://bit.ly/3gbmGhx

?Sustainable Tips: The SDGs form a broad framework that provides a direction for sustainability strategies, but their impressive scope can sometimes make it difficult for companies to define their roles and galvanize change. According to a 2022 EY report based on in-depth interviews with leading consumer products and retail CEOs working to advance the SDGs, businesses are aiming to measure progress, navigate regional differences, apply national metrics at the company level, improve accountability and juggle evolving priorities.Here’s how consumer companies can make an impact through focus, measurement, and collaboration. Read more: https://bit.ly/3Tp19Ai

?Sustainability Initiatives: ScentAir continues to accelerate environmental, cultural and economic sustainability for driving positive impact on society. In its recently released "Corporate Responsibility & Sustainability Report 2022-2023", ScentAir affirms that fragrance safety and sustainability are at the core of its business. As the only scent marketing industry member of International Fragrance Association (IFRA), ScentAir is given access to the latest data insight on fragrance safety and therefore able to create clear safety guidelines for its partners throughout the supply chain. Read more: https://bit.ly/3TmONsg

?Carbon Offset: RevLifter, the leading eCommerce deals personalization platform, is looking to combat global carbon emissions by giving online retailers the opportunity to plant trees in exchange for sales made by their customers. The group's new offer type - Green Offers - is powered by a partnership with environmental organization Ecologi, which has offset over 2.2 million tonnes of CO2 emissions by supporting reforestation projects in countries like Madagascar, Mozambique, and Uganda. Read more: https://bit.ly/3yLDAJU

?Circular Economy: The first iteration, in partnership with the UAE Ministry of Climate Change and Environment and Food Tech Valley, sought to identify regional startups with innovative solutions focused on sustainable packaging and recycling, driving forward PepsiCo Positive (pep+) goals to help build a circular and inclusive value chain. Nadeera was chosen following a rigorous judging process, and awarded a six-month PepsiCo mentorship program. The startup will receive a grant of $100,000 and other benefits to scale its sustainable packaging solution and grow its business. Read more: https://bit.ly/3eFIYYw

?Sustainable Aviation Fuel: Cathay Pacific became the latest oneworld member to agree on a deal with California-based renewable outfit Aemetis for 18 million gallons of sustainable aviation fuel (SAF). The fuel will be delivered to San Francisco International Airport over a period of seven years from 2025. Following this announcement, Cathay Pacific Head of Marketing and Sales Paul Johannes explained how this commitment aligns with his company’s broader goals. Read more: https://bit.ly/3Tv0EVA

?Sustainable Packaging: Walmart is providing select members of its Walmart+ InHome delivery service with sustainable packaging. The discount giant is partnering with Loop, the circular reuse platform developed by TerraCycle, to enable InHome users in the metro areas of Bentonville and Rogers, Ark. to purchase a limited assortment of products in refillable, reusable containers. Read more: https://bit.ly/3MzHlYV

?Sustainable Tourist: There are many positive aspects to tourism. Around two billion people travel each year for tourism purposes. Travel and tourism connect people and bring the world closer through shared experiences, cultural awareness and community building. It provides jobs, spurs regional development, and is a key driver for socio-economic progress. Here are some tips that will help you to enjoy your trip, and leave with the confidence that your favourite tourist destination will not be damaged by your presence, once you return home. Read more: https://bit.ly/3Tp2Yx8

A Sustainable World is possible! ??

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