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4 Crucial Commodities to Watch in 2023

Resilinc

Due to electric vehicle (EV) production, demand for cobalt is expected to increase 293% by 2025. This means in order to meet the growing demand, lithium production must increase from 737,000 metric tons to more than 3 million tons by 2030 ( Washington Post ). Now, the leading use of cobalt is rechargeable battery electrodes.

Chile 62
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Businesses need to act fast to get ahead of Extended Producer Responsibility

Proxima

As Government looks to set out its stall and introduce new standards on the environment, every business will be required to make sweeping changes across areas ranging from waste reduction and carbon emissions to their use of product packaging. 629 Non-Grocery Packaging 548 24% ?471 815 Commercial & Industrial 731 31% ?629

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How to prepare for a transparent supply chain in 2021

SupplyShift

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made).

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How to prepare for a transparent supply chain in 2021

SupplyShift

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Map all supplying sites.

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How Suppliers Demonstrate Best Practices to Buyers

SupplyShift

For instance, in the Consumer Packaged Goods industry, retailers like Target and Walmart require detailed supplier data to develop sustainability labels. But companies with public sustainability goals will also look at ESG metrics when they decide whether and how much to purchase from you. Diversity, equity and inclusion programs.

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The Pressure is on – Why Retailers Need to Take Action on Green Retailing

Cognira

Green retail strategies aren’t limited to just packaging and distribution. Product Packaging. Product Packaging. Product packaging: As an alternative to plastic bags, there are several eco-friendly packaging options. By 2025, they intend to have zero waste in their shops, offices, and logistics facilities.

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How Suppliers Demonstrate Best Practices to Buyers

SupplyShift

For instance, in the Consumer Packaged Goods industry, retailers like Target and Walmart require detailed supplier data to develop sustainability labels. But companies with public sustainability goals will also look at ESG metrics when they decide whether and how much to purchase from you.