🍃The Sustainability Top 10: 131 companies are asking for the end of the fossil fuels era. Was yours one of them?

Welcome back 🖐,

This week in sustainability, we have 131 companies asking for the end of the fossil fuels era, Hilton putting carbon on the menu, Starbucks’s power move, resources to create your materiality assessment and quickly estimate your company’s investments carbon footprint, personal action around food, things not looking good for 🦀 and more…

Here are The Green Tea's Top actionable, innovation, and hot sustainability stories this week! 👇

1. (Reuters) 131 companies including Nestle, Unilever, Mahindra Group and Volvo Cars submitted a letter urging political leaders to agree to a timeline at the upcoming COP28 U.N. climate summit to phase out fossil fuels.  read here

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5. (WRI) The next phase of business sustainability: addressing consumer water use?  Some pioneering companies are now setting “downstream” targets, addressing consumers’ water use from products like shampoo, dish detergent and more.  read here

6. (GreenBiz) Sharing is caring: Starbucks subscribes to community battery project. The coffee company signed a deal as an “anchor subscriber” to an energy strategy installation in the Bronx. The system built by NineDot Energy is configured to feed power back into the local grid at times of peak demand, which helps reduce the need for natural gas-fired peaker plants.  read here

7. (Sustainable Brands) Knowledge is power:  Hilton, Oatly advance case for carbon labeling food.  Look at the CO2e from some of the menu items - wouldn't these numbers make you think twice about what you order?  read here

8. (Reuters) LinkedIn’s recently published Global Green Skills Report revealed a staggering 15.2% rise in green job postings worldwide compared to last year.  read here

9. (GreenBiz) Do blended meats have a better path to reduce climate impact than pure veg meats?  This company thinks so.  read here

10. (CNN) News like this about billions of snow crabs disappearing from the ocean (that’s right, billions with a b, not millions) makes you wonder if we are getting too close to a point of no return as it comes to our planet’s health.  The UN had something to say in this report issued just ahead of COP28 talking about interconnected disaster risks including accelerating rates of extinction, groundwater depletion, glacial melt and extreme heat.  read here

+. (Bloomberg) Carbon offset market faces chaos as African mega-project, from which companies such as Gucci and McKinsey bought carbon credits, collapses.  read here

Enjoy and reflect 💭. Warm regards / saludos,

Julio