🍃The Sustainability Top 10: Apple, Amazon, Meta, Nike, and PepsiCo come together for a new green resource for companies

Welcome back 🖐,

This week in sustainability, we have a cross-industry collab with big names like Apple and Nike to help other companies reduce emissions, what is the direction of sustainability budgets in the next year?, molecular recycling, a new green acronym, wind energy travails, better fashion inspiration, about that to-go cup, and more…

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

1. (Sustainable Brands) Cross-industry collab for decarbonization:  Apple, Amazon, Meta, Nike, PepsiCo, and REI come together to launch the Clean Energy Procurement Academy to help other companies reduce Scope 3 emissions (supply chain) and accelerate clean energy adoption.  read here

2. (ESG Today) Survey shows that over 80% of companies are planning to increase budgets for environmental sustainability goals over next year.  read here

3. (GreenBiz) Companies like General Mills, Microsoft and Pacific Gas & Electric are seeking knowledge and advice on nature and biodiversity strategies from farmers and indigenous communities.  read here

 4. (Sustainable Brands) Molecular recycling of plastic helping realize a circular economy by making recycled plastic like new.  read here

5. (Bloomberg) Have you heard of ITR (implied temperature rise)?  Investment giants such as Blackrock are starting to use this score to indicate an investment portfolio’s alignment with the 2015 Paris Agreement’s goal of limiting global warming to below 1.5C.  read here

6. (The Hill) A new study indicates that Earth will cross warming threshold of 1.5 degrees Celsius this decade.  Not all scientists are convinced of this new study's findings.  read here

7. (NYTimes) While solar power has been thriving, wind power is facing a crisis given high capital investment and rising costs.  Wind firm Orsted just cancelled a NJ project, one of the largest wind projects in the USA.  read here

8. (Sustainable Brands) A startup is releasing sulfur dioxide in the atmosphere to bounce sunlight and create a potential solution to climate change OR is creating new and unintended environmental problems… read here

9. (Atlantic) Warmer oceans => Hurricane Otis gained more than 100 miles per hour of wind speed in less than a day before making its devastating landfall in Mexico and no one saw that coming...  read here

Enjoy and reflect 💭. Warm regards / saludos,

Julio