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🍃The Sustainability Top 10: the uncertain journey to make existing products sustainable

🍃The Sustainability Top 10: the uncertain journey to make existing products sustainable

Julio Corredor
October 03, 2023

Welcome back 🖐,

This week in sustainability, we have Lego’s and Starbucks’s knotty journeys to make their existing products sustainable, applying carbon pricing, nature’s continued momentum, Hollywood as the face of company programs, a resource to measure your sustainability program’s maturity, and more…

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

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Image: Lego’s Star Wars Stormtrooper

1. (Reuters) Commendable transparency but also a case study for the challenge ahead for some companies: Lego has abandoned its effort to ditch oil-based plastics from its bricks after finding that its new material led to higher carbon emissions. read here

2. (GreenBiz) 6 things Starbucks learned from its reusable cup experiments. read here

Momentum Around Nature Continues to Build

3. (ESG Today) They will be knocking on your door: $24 Trillion investor group launches campaign targeting 100 companies to address biodiversity, nature loss. This is a broad effort including companies such as Amazon and Nestlé and industries such as pharmaceuticals and chemicals. read here

4. (GreenBiz) Just getting started: while many companies are starting to talk about nature risks, few are doing something about addressing nature and biodiversity in depth, according to new research. read here

5. (GreenBiz) CFOs can help integrate sustainability considerations into corporate decision-making processes by applying an internal carbon price to business activities. Here are some obstacles in applying carbon pricing, and how to address them, and a few case studies.

6. (ESG Today) EcoVadis carbon emissions tracking solution allows product-level carbon footprint tracking across EcoVadis’ network of suppliers, which include 40,000 that are engaged in carbon action. read here

Resource of the Week

7. (NYU)(Tool) Beginner or embedder? Here's a 4-step downloadable tool to assess your company’s sustainability maturity. read here

8. Hollywood stars are becoming the face of some companies' sustainability efforts. The most recent example was Apple's (corny? effective? both?) video with Octavia Spencer, but there is also Zac Efron's engagement with General Mills' recycling program (which might have been a case of greenwashing...).

9. (AP) Hoping this is the beginning of the end of US political-parties’ divide on beliefs around this topic: poll shows that after summer’s extreme weather, more Americans see climate change as a culprit. read here

10. (GreenBiz) It’s still possible to hold warming to 1.5 degrees Celsius. The International Energy Agency this week said rapid renewable energy adoption since 2021 is keeping the path to achieving the goals of the Paris Agreement alive, but it will require a massive increase in investment from the current pace of $1.8 trillion annually to $4.5 trillion per year by the early 2030s. read here

🍃The Sustainability Top 10: the uncertain journey to make existing products sustainable

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