Sustainability Newsletter

?? It's time for the weekly??news!

Welcome back to Evreka's Sustainability Bulletin :) We will be here every Thursday with developments from around the world.

Stay tuned and have a??Day for a more??future!

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??Deadlock in details of UN climate reparations

Last year during the United Nations ’ annual climate change conference, UN countries agreed to support climate reparations. However now the celebrated “loss and damage” fund is stalled over disagreements about who should pay in, who should receive funds, and the role of the World Bank. Read more

?? Over 50,000 companies to report climate impact in EU from 2024

Over 50,000 companies operating within the European Union will be mandated to evaluate the environmental implications of their operations according to the new sustainability reporting standards approved by the European Parliament. This initiative will commence in January, targeting multinational corporations as well, despite opposition from a group of rightwing and liberal MEPs. Read more

?? The power of data in sustainability reporting

With the rollout of new standards in sustainability reporting, the importance of credible reporting has never been greater. One key area of focus for organizations is accurate reporting of their supply chain operations and waste management practices. In this age of precision, the ability to effectively manage and analyze your data collection is vital. Learn how Evreka's WasteDashboard provides the control you need to easily handle the complexities of sustainability reporting. Download brochure

?? Circularity in business: a path to profitable sustainability

More businesses are embracing circularity as a fundamental approach to their operations, with a focus on recycling technology and reusable packaging. Recent statistics on sustainable businesses show that implementing net-zero and low-waste policies to minimize material waste, can significantly enhance operating profits by up to 60%. Hence, there are benefits in both environmental responsibility and profitability. Read more

?? Pioneering circular economy with a cutting-edge deposit return scheme

Explore how the packaging industry can adopt a circular economy approach and reduce carbon emissions by collecting packaging waste. Our deposit return scheme offers an efficient #ClosedLoop model that enhances recycling rates and encourages clean source separation. Download our case study for details on the benefits of the business model. Download now

?? Recycling initiatives to convert PET waste in Mall of the Emirates

Through a series of recently launched projects, international retail franchiser Alshaya Group , is accelerating the shift towards a circular model by adopting a digital zero-trust process of circular sustainable solutions. The initiative, which was piloted in the UAE, in collaboration with DGRADE and Al Bayader International to convert PET waste generated by Alshaya brands in the Mall Of The Emirates into recycled new plastic containers, which are then utilised back by the brands. Read more

?? Life cycle assessments can unlock value and lead to sustainable products

Focusing on product sustainability and producing low-carbon products yields positive results for many companies trying to keep existing customers and attract new ones. 普华永道 research conducted on companies in multiple sectors found that 96% say their customers prefer sustainability of their products and 95% expect this trend to continue. Read more