PRODUCT, SERVICE & DESIGN INNOVATION -
Focusing resources beyond popular attractions, and a personal sense of pride and care for a place and its people, creates the conditions for well-supported communities. Because of this, regionally focused travel companies are uniquely situated to ensure tourism creates positive ripple effects where they operate.
COLLABORATION -
In an effort to combat climate change and reduce plastic waste, Estée Lauder Companies’ charitable wing, the ELC Charitable Foundation, has partnered with Plastics for Change to improve the livelihoods of waste collectors in India while diverting ocean-bound plastics.
WASTE NOT -
Existing EPR systems limit electronics producers’ responsibility to national jurisdictions, not to the countries to which we export our electronics waste, and neither lead to multiple product use cycles nor to safe e-waste management.
LEADERSHIP -
To truly help individuals and ourselves, we need to bust up the system, swim upstream and avoid the herd mentality. We need to take a step back and truly
understand our own roles in society — and by doing so, to let go of outdated notions.
FINANCE & INVESTMENT -
The first national Black farmer co-op since the Reconstruction era is on a mission to revive and support Black farmers — which have dwindled to a mere 1.4% of farmers in the US — and cultivate a national network of growers of regeneratively farmed hemp.
SUPPLY CHAIN -
As consumer demand for organic cotton soars, so does skepticism over the sustainability of the sector. The response must not be to retreat from organic cotton, but to invest more in supporting farmers to help them make the often-difficult conversion to organic on the ground.
SUPPLY CHAIN -
Traceability is the foundation upon which we can truly revolutionize the fashion industry, revealing the actual costs of products and ensuring that the wealth generated from production gets redistributed more fairly.
SUPPLY CHAIN -
Laudes Foundation’s Transparency in Action portal features best practices, expert advice, tools and resources — including information on existing and upcoming legislation — for brands to take informed steps towards transparency and expand their current efforts.
THE NEXT ECONOMY -
The Directive on Corporate Sustainability Due Diligence would oblige companies to identify, prevent, and mitigate human rights and environmental violations in their value chain. But there is debate over whether companies can be reasonably expected to control their entire value chain, down to the smallest suppliers.
SUPPLY CHAIN -
Far from simply the latest buzzword, regenerative agriculture is an opportunity for brands to invest in a fundamentally different system that drives numerous
benefits for people and the planet — from boosting climate resilience and reversing biodiversity loss to prioritizing justice, equity and sustainable livelihoods.
FINANCE & INVESTMENT -
Through a series of multi-year partnerships with business-focused nonprofits, Umpqua aims to close the opportunity gap in access to capital, resources, and expertise for traditionally underserved innovators.
SUPPLY CHAIN -
Paying living wages throughout supply chains can mean changing business models, which can seem insurmountable. But a series of case studies from IDH shows how companies and coalitions are making real progress on their commitments.
THE NEXT ECONOMY -
To provide experiences that enrich destination communities and travelers alike, the new initiatives span 16 countries and include activities such as meals at local establishments supporting women, migrants and seniors; and immersive tours preserving Indigenous and ethnic minority legacies.
FINANCE & INVESTMENT -
By unleashing the corporate balance sheet, finance teams can provide resources to nurture local entrepreneurial talent, improve climate resilience and build housing — all with minimal risk.
THE NEXT ECONOMY -
Consumer insights demonstrate need for brands to make good on their sustainability and human rights claims, and make it even easier for shoppers to shop their values.
MARKETING AND COMMS -
The ethical chocolate maker has released three ‘Conversation Bars’ — available exclusively online and at Waitrose through January 25 — designed to provoke
discussion around systemic issues in the chocolate supply chain.
MARKETING AND COMMS -
“Tony’s has done a great job of raising awareness of an important issue; and there is a real risk that the overriding message that will be left, once the dust settles, is one of a brand getting it wrong — and that could undermine all of the important messaging that Tony’s tries to share through its purpose.”
ORGANIZATIONAL CHANGE -
Effort aims to help underrepresented applicants become McDonald’s franchisees by removing socio-economic barriers — in part through a $250M commitment to alternative financing — to attract more franchisees who reflect the composition of the communities it serves.
SUPPLY CHAIN -
China’s importance to global supply chains as a key source of raw materials and labor puts brands at high risk of inadvertently supporting forced labor. Right now, the focus is on the garment industry; but other industries should pay close attention and ensure they are closely monitoring their entire supply chains.
WALKING THE TALK -
Perhaps the takeaway of the week is that the ‘next 10 years’ of business and human rights coincide with the 2030 deadline for us to halve carbon
emissions — and that environmental rights are now very clearly seen as human rights. Companies pursuing a net-zero strategy must make human rights central, too.