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Textiles 2030: Purpose is the new luxury for the fashion industry

Proxima

Textile 2030 is a ground-breaking initiative launched by UK sustainability leaders to drive the fashion industry towards systemic change and increased circularity. Rethinking procurement. Embracing the circular economy is a mindset shift for procurement and supply chain professionals too. But times are changing.

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This Week in Logistics News (April 16 – 22)

Logistics Viewpoints

Amazon on path to reach 100% renewable energy by 2025. While Amazon may be lagging on drone efforts, it is making headway in its pledge for renewable energy by 2025. This is a full five years ahead of the original target of 2030. Apple, others face shipment delays as China Covid curbs squeeze suppliers. GW to 10.4

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Honda Announces Plan for EV Factory in the U.S.

Supply Chain Matters

Construction is expected to begin in 2023 with volume production expected by the end of 2025. Honda itself previously announced plans to produce 30 vehicle models by 2030 and is partnering with U.S. The Journal report indicates that the $4.4 based automaker General Motors and Sony in joint development of these models.

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How Hong Kong is Enhancing its Sustainability Efforts

EcoVadis

Rated by the coverage and magnitude of impact, hereunder are four initiatives that are considered as major milestones of Hong Kong’s sustainability effort : Climate Action Plan 2030+, ESG Reporting as a Listing Rule under Stock Exchange Hong Kong (SEHK), Green Procurement Initiative by the Hong Kong Government, and.

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sust[AI]nability

Enterra Insights

billion over the next five years as part of its long-term goal to cut in half its emissions by 2030 and reach net-zero emissions by 2050.”[5] billion to reduce its climate impact” and Diageo “committed to reach net-zero carbon emissions in its owned operations and reduce emissions from its supply chain by 50% by 2030.”

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Packaging and the Road to a Circular Economy

EcoVadis

We’ve discussed the value and path toward a circular economy – it could bring 2 million jobs by 2030 and up to €600 billion in savings per year. How the world develops and uses packaging will obviously play a key part in achieving all of these benefits, pushed forward by procurement teams.

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Engage with ESG in Your Supply Chain to Reduce Business Risks

Synovos

More than half of survey respondents (52%) listed Environmental and Social Governance (ESG), which builds upon the UN’s 17 Sustainable Development Goals for making the world more equal, cleaner, and safer by 2030, as a key business challenge. It comes second only to reduced operational budgets (53%).