The IT industry has recently felt increased pressure to manage the emissions of both their operations and their value chain, as the demand for connectivity and computing power has increased exponentially. By 2020, 100 billion connected devices will generate far more demand for computing and data storage than today’s infrastructure can accommodate. The trend is unsustainable, but solutions lie in the innovations and standards that companies like Hewlett Packard Enterprise (HPE) drive.
Today, HPE announced the world’s first comprehensive supply chain management program based on climate science. The landmark initiative will provide our suppliers with the tools they need to develop a customized plan to reduce their own emissions and drives a global standard for supplier greenhouse gas (GHG) engagement and abatement. HPE’s objective is for this innovative program to act as a model for the industry and the world.
The program will require 80% of HPE manufacturing suppliers1 to set science-based emissions reduction targets in their own operations by 2025, seeking to avoid 100 million tons of emissions. These reductions equate to taking 21 million cars off the road for an entire year.
As part of the goal, HPE will reduce manufacturing-related GHG emissions on an absolute basis within our supply chain by 15% by 2025, becoming the first IT company to establish a supply chain goal that is in line with climate science.
HPE will also be the first company in any industry to undertake the complexity of creating a customized science-based target for suppliers by providing them with a broad range of tools and resources that will help them build their capability to set and achieve operational targets that drive down emissions.
“This will have a ripple effect, cascading up and down our value chain,” said Lara Birkes, vice president and chief sustainability officer for HPE. “When customers use our energy efficient technology that is manufactured in factories with science-based targets, they will cut their own carbon emissions, achieving exponentially more with less environmental impact.”
By driving the energy efficiency of HPE’s manufacturing processes and products, emissions reduction goals equate to cost savings not only for the company but also for suppliers and customers. According to data from CDP, an international NGO that holds the largest database of corporate climate change information, the average internal rate of return (IRR) for investments on emissions-reduction activities in the IT sector is nearly 40%.
“Businesses today face growing pressure to meet tougher procurement standards as customers look to reduce all costs–financial and environmental–from the products they purchase,” said Antonio Neri, executive vice president and general manager of HPE’s Enterprise Group.
“This program will ensure we remain a trusted sourcing partner to our customers by providing them with high-quality products that are manufactured responsibly,” said Cliff Henson, senior vice president of supply chain for HPE.
This bold step speaks to HPE’s firm commitment to move aggressively to ensure the world is successful in driving down global emissions. "By taking this leadership position HPE will serve to inspire the ambition of their industry peers and their supply chains to improve their operations, standards and practices to lower emissions, which will drive innovation and have a huge environmental impact," said Nigel Topping, CEO of We Mean Business.
Working with the CDP supply chain program, HPE’s aim is to drive best practice throughout our industry while managing the associated climate risks and financial opportunities. Paul Simpson, CEO of CDP, and a founding partner of the Science Based Targets initiatives said, “This is a fantastic initiative by HPE to ensure that the IT sector can benefit from their business strategy to incorporate science-based target setting throughout their value chain. They are both driving the transition to a low-carbon economy, while securing competitive advantage.”
This new goal will complete HPE’s existing suite of climate change targets across its value chain, including a commitment to reaching 100% renewable energy through RE100, a science-based target (SBT) to reduce operational GHG emissions by 25%, and a goal to increase the efficiency of HPE’s product portfolio 30 times by 2025.
The new program will assist suppliers to set and achieve SBTs by providing support and tools developed in partnership with leading experts at BSR and POINT380. This will enable HPE suppliers to create customized targets, plan and implement emissions reduction projects, and enhance accountability by publicly tracking progress on setting and achieving these targets. The program will also incentivize suppliers to set and achieve these goals by assessing them favorably through HPE’s social and environmental responsibility (SER) scorecard, which directly ties their SER performance into HPE’s procurement decisions.
HPE has also partnered with BSR and POINT380 to develop a white paper that outlines a supply chain standard for GHG emissions engagement and abatement, a first in the industry. It will act as a resource for all suppliers to set a pathway toward an SBT strategy.
By taking a holistic approach to ensure accountability within HPE’s own supply chain, build the capability of suppliers to set SBT targets in their own operations, and provide a standard for supplier GHG engagement and abatement, HPE is taking a leadership stance with a goal to catalyze the IT industry and beyond.
1By spend, including final assembly and strategic commodity suppliers
Gabriella Rigg Herzog has joined the United States Council for International Business (USCIB) as vice president for corporate responsibility and labor affairs. Working out of USCIB’s New York headquarters, Herzog will lead the organization’s work on labor and employment policy, corporate responsibility, business and human rights, and corporate governance.
USCIB, which represents hundreds of America’s most competitive global companies, maintains an active Committee on Corporate Responsibility and Labor Affairs, chaired by Laura Rubbo of The Walt Disney Co. As the U.S. member federation of the International Organization of Employers, USCIB serves as the American business representative in the International Labor Organization, the UN body that sets international labor standards and works to improve working conditions worldwide.
Herzog most recently served as senior manager for corporate social responsibility (CSR) at Hess Corp., where she led development and integration of value-added CSR and human rights governance, employee training and assurance processes into Hess management systems, and provided field-level support for implementation. This industry-leading work reduced operational, financial and reputational risks and contributed to Hess being named to the 100 Best Corporate Citizens and Dow Jones Sustainability Index lists.
Previously, Herzog was a policy advisor at the U.S. Department of State in the Bureau of Democracy, Human Rights and Labor, where she led the Bureau’s global CSR policy and program practice. She also worked at the U.S. Department of Labor developing and implementing labor cooperation programs to help labor ministries improve enforcement capacity.
“Gabriella brings a wealth of experience and knowledge to USCIB, especially her background in CSR and labor issues, which will contribute greatly to our efforts on behalf of members,” said Rob Mulligan, USCIB’s senior vice president for policy and government affairs. “Having worked with USCIB while in the U.S. government and participated in USCIB’s work at Hess, she is already familiar with the work of the committee and will be able to hit the ground running.”
A fellow with the Aspen Institute’s Business and Society Program, Herzog holds a certificate of international business management from Georgetown University, a master of arts in law and diplomacy from the Fletcher School at Tufts University, and a bachelor of arts in political science from Northeastern University.
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. With a unique global network encompassing the International Chamber of Commerce, the International Organization of Employers and BIAC/Business at OECD, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.
Export Development Canada (EDC) today priced USD 500 million 1.625% Fixed Rate Green Bond due June 1, 2020. The lead underwriters were HSBC, J.P. Morgan and SEB. This offering is scheduled to close on June 1, 2017.
This is EDC’s third Green Bond, with previous bonds of 300M in January 2014 and 300M in December 2015, each receiving strong support from the green bond investor community.
“This is our largest Green Bond yet, which reflects the increasing demand for sustainable investment products within the international capital markets community,” said Ken Kember, Senior Vice President and Chief Financial Officer, EDC. “Green Bonds are just one example of EDC’s contribution to international climate change objectives, and our alignment with broader industry trends towards low carbon and climate-resilient technologies.”
The proceeds of this Green Bond offering will go towards EDC’s portfolio of green assets, including loan assets made to companies that are active in fields of preservation, protection or remediation of air, water, and/or soil, creation of renewable energy and mitigation of climate change.
“Combatting climate change by supporting clean technologies is a strategic priority for EDC,” said Kember. “Canadian companies have the expertise to be world leaders in the sector, which is why we’re working hard to support the commercialization of these companies – so they can meet rising global demand for goods and services that allow for a more efficient use of the planet’s resources.”
Examples of the transactions and projects related to EDC’s Green Bond program include:
Company/Project: Northland Power/ Nordsee One GmbH
Sector: Renewable energy
Description: Development and operation of wind farm consisting of 54 wind turbine generators located in the North Sea.
Sector: Biochemicals and biomaterials
Description: Construction and operation of the largest succinic acid plant in the world, with a carbon neutral footprint and a production process that employs renewable feedstock.
Company/Project: Brookfield Renewable Partners
Sector: Renewable energy
Description: Support related to the acquisition of existing, operating wind power assets, located in several separate locations across Ireland.
Sector: Public Ground Transport
Description: Extension of an existing light rail transit system and supporting infrastructure, to reduce automobile traffic and vehicle emissions.
The Centre for International Climate and Environmental Research (CICERO), an independent research centre associated with the University of Oslo in Norway, endorsed EDC’s Green Bond Framework.
In connection with any public offering in the United States by EDC of green bonds, EDC has filed a registration statement (including a prospectus) on Form S-B with the SEC for the offering to which this communication relates. Before you invest in any such offering, you should read the prospectus in that registration statement and other documents EDC has filed with the SEC for more complete information about EDC and this offering. You may get these documents free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, in connection with any such offering, EDC, any underwriter or any dealer will arrange to send you the prospectus if you request it by calling EDC at (613) 598-2800.
This press release shall not constitute an offer to sell or the solicitation of any offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward Looking Statements
Statements made in this press release which describe EDC’s intentions, expectations, beliefs, or predictions may be forward-looking statements within the meaning of securities laws. EDC cautions that, by their nature, forward-looking statements involve risk and uncertainty and that EDC’s actual results could differ materially from those expressed or implied in such forward-looking statements.
EDC helps Canadian companies go, grow, and succeed in their international business. As a financial Crown corporation, EDC provides financing, insurance, bonding, trade knowledge, and matchmaking connections to help Canadian companies sell and invest abroad. EDC can also provide financial solutions to foreign buyers to facilitate and grow purchases from Canadian companies.
For more information about how we can help your company, call us at
Export Development Canada
Focusing on safety and reliability, Consumers Energy is spending nearly $440 million this year to modernize its natural gas system.
“At Consumers Energy, the safe, reliable delivery of natural gas is a top priority. We are committed to continually strengthening our natural gas system to benefit the 1.8 million homes and businesses we are proud to serve throughout Lower Michigan,” said Charles Crews, vice president of gas operations for Consumers Energy.
Upgrade projects for 2017 are in infrastructure replacement, growth, and pipeline integrity.
Infrastructure Enhancement and Replacement
A total of $75 million will be spent to complete 40 improvement projects and replace 67 miles of pipe with plastic and steel, using approximately 500 Consumers Energy employees dedicated to this program. These projects are scheduled across Michigan, and include:
11 projects in the Royal Oak area
6 projects in Lansing, Jackson and Adrian areas
6 projects in the Macomb area
4 projects in the Flint area
4 projects in the Saginaw, Midland and Alma areas
4 projects in the Plymouth, Auburn and Waterford areas
4 projects in the Kalamazoo area
In addition, Consumers Energy is working in conjunction with state, county and municipal projects to relocate or replace natural gas infrastructure, including replacing about 8,500 service lines leading to homes and businesses. The energy provider is investing about $60 million into these roadway and civic improvement projects this year.
With the economy expanding, Consumers Energy is investing $120 million in its natural gas system in 2017 to keep up with growth in Michigan, which includes:
$35 million in expansions and improvements to serve a projected nearly 8,000 new business customers.
$33 million to construct 190 miles of distribution main to serve customers in areas currently without natural gas service. More than 2,500 new residential customers will be reached through the energy company’s Customer Attachment Program.
$27 million for the first two project phases to augment the delivery systems and increase natural gas supply to meet growth in the Caledonia and Lowell areas.
$25 million to increase the capacity of regulation facilities where natural gas pressures are reduced and odorant is added for safety, including a city gate upgrade associated with the Caledonia-Lowell system upgrade.
Consumers Energy is investing $183 million in pipeline integrity this year to help ensure the continued safe delivery of natural gas. These initiatives include:
$63 million to inspect and remediate about 600 miles of its transmission and distribution system with inline inspection and direct assessment.
$120 million on the first phase of construction of the Saginaw Trail Pipeline, a five-year, $610 million project that will replace 78 miles of vintage transmission line to improve safety and increase natural gas transmission capacity into Saginaw, Genesee and Oakland counties.
Consumers Energy, Michigan’s largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.7 million of the state’s 10 million residents in all 68 Lower Peninsula counties.
For more information about Consumers Energy, go to www.ConsumersEnergy.com.
Back with a renewed focus on Impact, Scalability and Innovation, the 8th Annual Ethical Corporation Responsible Business Awards aim to set the sustainable benchmark for 2017 and celebrate the world’s leading business initiatives.
To support this aim, we’re honoured to announce our judging panel for this year! Chosen on the basis of their knowledge and expertise to represent the global CSR community– the entries for 2017 are in capable hands.
In today’s age of CSR culpability, businesses are increasingly looking towards the circular economy as a societal as well as business step away from what the Ellen MacArthur Foundation call the ‘take, make and dispose’ extractive model of business.
Despite this growing trend, up until now, advocates of the circular economy have been working somewhat in the dark with little legislative guidance on closing the loop.
In answer, next month the British Standards Institution will publish BS8001, the world’s first set of standards for the circular economy which aim to help companies measure and realise value from circular principles.
The question remains – how much measurable progress are companies making on this agenda now?
Featuring case studies from companies at the circular frontline, including Smurfit Kappa, Timberland, Toyota and Jaguar, Ethical corporation’s 20-page Circular Economy management briefing asks just that.
Download your copy of the complimentary 20-page briefing now.
Agricultural and conservation leaders have committed to a national Soil Health Action Plan that will advance science-based research and drive productivity, profitability and resilience on U.S. farms and ranches, while benefiting the environment.
The plan “Enriching Soil, Enhancing Life: An Action Plan for Soil Health” (http://soilhealthinstitute.org/soil-health-institute-announces-action-plan/) follows four years of stakeholder input that began with the Soil Renaissance in 2013. Agricultural industry thought leaders, farmers, ranchers, scientists, government agency leaders, and non-governmental organizations provided input into the plan.
Unveiled Thursday at the National Press Club, the 48-page plan supports the Soil Health Institute’s mission to safeguard and enhance the vitality and productivity of soil through scientific research and advancement. It identifies critical goals, priorities, and gaps in knowledge and implementation; along with specific, actionable steps to address those gaps.
Wayne Honeycutt, President and CEO of the Soil Health Institute was joined by Bill Buckner, President and CEO of The Samuel Roberts Noble Foundation and Noble Research Institute; Keith Alverson, a 6th generation farmer on the Board of Directors for the National Corn Growers Association; Leonard Jordan, Acting Chief of USDA’s National Resources Conservation Service; Jerry Lynch, Vice President and Chief Sustainability Officer at General Mills; and Michael Doane, Director of Working Lands at The Nature Conservancy. Bruce Knight, former NRCS Chief and Principal/Founder of Strategic Conservation Solutions, moderated the announcement and panel discussion.
The plan focuses on action-based priorities, including:
Increase soils’ available water holding capacity;
Increase water infiltration.
SAVE, IMPROVE SOIL
Decrease nutrient loss.
PROTECT THE ENVIRONMENT
Decrease greenhouse gas emissions;
Increase carbon sequestration;
Improve water quality in the nation’s watersheds.
GENERATE HIGHER YIELDS PER ACRE
Increase nutrient availability;
Suppress soil-borne diseases;
Respond to the increased demand for food as the population rises to a projected 9 billion persons, despite the projected decrease in farmland.
ENABLE FIELD AND PASTURE DECISIONS
Standardize measurements and assessments of physical, chemical and biological properties of soil so researchers can document practices that make a difference and create models that producers and consultants can use to make management decisions;
Ground-truth research with producers so future recommendations are known to improve yield, protect the environment, and add economic resilience, creating a positive return on investment to land ownership and annual production profits;
Evaluate advanced technology to inform producers and promote soil health practices that reduce input costs and mitigate risk.
DISSEMINATE ACCURATE, SCIENCE-BASED INFORMATION QUICKLY
Continually assess public policy for its impact on soil health;
Provide evidence-based soil health information to policy makers, researchers, and others interested in food security, environmental protection, and agricultural programs;
Research the relationships between soil health and human health.
“Soil health represents one of those rare win-win situations where what is good for the farmer and rancher is also good for the environment,” said Honeycutt. Industry leaders say the plan also will enhance rural economies and provide greater food security.
“We see value in the entire action plan,” explained Lynch, while Jordan called the forward-thinking emphasis on soil health a “game changer for all of society.”
Leaders noted that while agricultural producers work daily to protect the environment and continue to make great strides in conservation and sustainability, further advances in soil health research and adoption will lead to greater benefits for farmers and the public.
Alverson said he has already seen the impact of modern soil management on his 2,600 acre corn and soybean operation. He said he’s excited to see a commitment to advance research that farmers can use to make field-by-field production improvements.
“A couple of years ago, we hired a firm to do some intensive testing from the 0- to 36-inch (depth) range and found that our organic matter levels have increased over the past 30-plus years of ridge-till … about 1 1/2 percent overall, which is really quite startling,” said Alverson, adding that a 1 percent increase in organic matter is the equivalent of adding 1.43 acre-inches of water holding capacity per season, and if a grower can improve corn yields by 10 bushels for every acre-inch of water applied, the yield increase will bring vital economic resources to growers and rural communities, as well as benefit wildlife and the environment.
The plan calls for a systems approach to soil health that integrates ideas from leaders in research, measurements and standards, economics, and public policy. Data will be used to establish a national soil health assessment, which will provide information on the functioning of essential biological, physical and chemical soil properties and processes. Future research will establish links among metagenomics data, pathogen suppression, plant growth and yield, as well as the economic and environmental impact.
The “living” plan also enables leaders to coordinate and consolidate future research, maximizing impact and speeding the process of getting comprehensive knowledge to the producer, policy makers and consumers.
“In the 13th century, Leonardo DaVinci said that ‘we know more about the movement of celestial bodies than about the soil underfoot,’” said Buckner, SHI’s board chairman.
“With the rollout of today’s strategic action plan, created by concerned agriculturalists from across the country and the ag sector, and…….with the ongoing support of NRCS, NACD, Soil Science Society, our nation’s soil testing labs, our land grant institutions and financial support from private, public and corporate foundations, family offices, NGO’s, government entities and volunteers, and with new technologies developed by the new aggies from Silicon Valley, RTP, Boston and other tech centers and incubators around the world, we will finally start the process, in earnest….7 centuries later….of understanding more about the biological life underground than we do in the heavens above,” Buckner said. “The Soil Health Institute will be to soil what NASA is to space. With your ongoing support and encouragement, we will achieve this ambitious challenge.”
The plan comes at a critical time, according to Doane.
“The demand for food and water and energy will be greater over the next two generations than any other generations prior to us (as we increase population and endure decreases in arable farmland)…. In the next few generations, we will have to cope with these challenges but also with the tremendous headwind and the looming threat of climate change.… It’s the right plan at the right time.”
Honeycutt says SHI is eager to add partners who are committed to soil health, and he looks forward to ongoing collaboration that’s focused on ambitious outcomes.
To subscribe to the Soil Health Institute’s newsletter and learn more about the plan, SHI’s annual meeting in July, funding opportunities or research grants, please visit www.soilhealthinstitute.org.
About the Soil Health Institute
The Soil Health Institute's (www.soilhealthinstitute.org) mission is to safeguard and enhance the vitality and productivity of soil through scientific research and advancement. An evolution of the Soil Renaissance, an initiative established in 2013 by the Noble Foundation and Farm Foundation to advance soil health and make it the cornerstone of land use management decisions, the Soil Health Institute serves as the primary resource for soil health information.
The U.S. Chamber of Commerce Foundation’s Corporate Citizenship Center, in partnership with The Sustainability Consortium (TSC) and the Retail Industry Leaders Association (RILA), today launched the Circular Economy Toolbox, an online platform to help companies incorporate more sustainable business practices that eliminate waste and increase efficiency.
“The circular economy has the power to transform the business community,” said Marc DeCourcey, senior vice president of the U.S. Chamber of Commerce Foundation. “The Circular Economy Toolbox will help foster innovative ideas and solutions that can strengthen business performance while invigorating sustainable development and economic growth.”
The concept of the circular economy emphasizes longevity, reuse, and recycling within business operations beyond standard sustainability practices. The Toolbox will assist organizations in the development of programs that capitalize on the business value of the circular economy, providing actionable tools and steps for companies to adjust their practices and take advantage of the long-term benefits of becoming more circular.
The Toolbox features a repository of projects that highlight how companies have successfully implemented circular business practices. The Toolbox also provides useful information for businesses, including:
An overview of the circular economy;
Background on the differences between circularity and sustainability;
A glossary of terms and keywords; and
A list of circular economy resources.
“The circular economy concept is important because it gives us a way of looking at product supply chains as holistic systems rather than as separate, individual activities. Using this tool, we can now expand the scope of sustainability right across the supply chain, rather than getting products to market first and tackling the sustainability issues after,” said Euan Murray, chief executive of The Sustainability Consortium. “This approach aligns well with the vision and methodology used by TSC to look at a system as more than the sum of its parts. TSC is honored to partner with RILA and the U.S. Chamber Foundation to create this essential and important tool.”
“RILA is excited to partner with the U.S. Chamber of Commerce Foundation and The Sustainability Consortium to create this important resource for brands looking to participate in and grow our nation’s circular economy,” said Adam Siegel, senior vice president of research innovation and sustainability at RILA. “We designed this toolkit to help America’s retailers navigate the process of moving away from the traditional ‘take-make-waste’ approach into a circular and more sustainable model. As America’s retailers focus on promoting sustainability from shore to shelf, we want to help them every step of the way. This toolkit is a new way to help move industry forward.”
The Toolbox will be a dynamic platform and will accept new projects for consideration on an ongoing basis.
The Circular Economy Toolbox was supported by Tarkett and can be found online here.
The Sustainability Consortium (TSC) is a global organization dedicated to improving the sustainability of consumer products. TSC convenes our diverse stakeholders to work collaboratively to build science-based decision tools and solutions that address sustainability issues that are materially important throughout a product’s supply chain and lifecycle. TSC also offers a portfolio of services to help drive effective implementation. Our mission is to use the best sustainability science to help companies make the everyday products we use better and more sustainable.
The Retail Industry Leaders Association (RILA) is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.
The U.S. Chamber of Commerce Foundation Corporate Citizenship Center is a leading resource for businesses dedicated to making a difference. For more than 15 years, our programs, events, research, and relationships with key NGOs and governments have helped businesses make the world a better place.
The U.S. Chamber of Commerce Foundation is dedicated to strengthening America’s long-term competitiveness. We educate the public on the conditions necessary for business and communities to thrive, how business positively impacts communities, and emerging issues and creative solutions that will shape the future.
The U.S. Chamber of Commerce Foundation Corporate Citizenship Center, in partnership with Tetra Pak Inc., is hosting a “peek under the package” webinar exploring the future of sustainable packaging. Panelists will discuss emerging and future technologies and innovations across the life cycle related to sustainable packaging – including materials, products and applications – that have the potential to disrupt the fast-moving consumer goods and packaging industries. Panelists will also discuss how to bring consumers along as new strategies and innovations are adopted as part of securing a resource abundant future.
Smithfield Foods, Inc. published the fourth and final installment of its 2016 Sustainability Report with the release of its Helping Communities and People sections. The sections demonstrate Smithfield’s ongoing commitment to charitable giving endeavors that support communities where employees live and work as well as the company’s expansion of employee resource groups, which engage employees and further develop their talents.
In 2016, Smithfield continued its charitable giving efforts related to its social purpose and focus on hunger, veterans and education. A few of these include:
Donating more than 17.6 million servings of protein through Helping Hungry Homes®, a Smithfield Foods initiative that works to alleviate hunger and raise awareness of food insecurity.
Partnering with Operation Homefront to give cash and grocery donations to military families.
Supporting education in its hometown of Smithfield, Virginia, through a $3 million donation to Isle of Wight County Schools.
“We’re passionate about helping and supporting the many communities we call home,” said Keira Lombardo, senior vice president of corporate affairs for Smithfield Foods. “Together, we’re strengthening neighborhoods across the country, an effort that would not be possible without support from our entire Smithfield family.”
The People section of the report showcases an increase in employee safety engagement, an initiative to further support military veterans and employee resource groups for women, millennials, veterans. These programs foster engagement, improve company culture and create professional opportunities for employees.
“At Smithfield, we understand that our success is directly related to the engagement and well-being of our people,” said Mark Garrett, chief people officer for Smithfield Foods. “We’ve launched and revamped employee resource groups and created new employee engagement opportunities to proactively address our employees’ needs and prepare them for fulfilling careers.”
Today’s release marks the final installation of the 2016 report, which was prepared in accordance with the core option of the G4 Guidelines of the Global Reporting Initiative. Additional sections now available include Governance & Management, International Operations and Value Creation, along with key metrics measuring the company's sustainability performance. Together, the newly issued sections demonstrate how Smithfield’s sustainability programs create value for the company and its stakeholders.
To view an introductory video to Smithfield’s commitment to Helping Communities and People, click here and here. This release follows the Animal Care, Environment and Food Safety & Quality report sections published earlier this month. The complete report is now available online at smithfieldfoods.com/2016report.
About Smithfield Foods
Smithfield Foods is a $15 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including SmithfieldⓇ, EckrichⓇ, Nathan's FamousⓇ, FarmlandⓇ, ArmourⓇ, John MorrellⓇ, Cook'sⓇ, KretschmarⓇ, GwaltneyⓇ, Curly'sⓇ, MargheritaⓇ, CarandoⓇ, Healthy OnesⓇ, KrakusⓇ, MorlinyⓇ and BerlinkiⓇ. Smithfield Foods is committed to providing good food in a responsible way and maintains robust animal care, community involvement, employee safety, environmental and food safety and quality programs. For more information, visit www.smithfieldfoods.com.
The Global Compact Network Canada, in collaboration with the Global Reporting Initiative (GRI), Statistics Canada, TELUS, and eRevalue, is offering a full-day training to provide professionals with an opportunity to learn from industry leaders and experts on how to report on the 17 Sustainable Development Goals (SDGs).
This training session will help attendees learn how to:
Benchmark and improve on their current reporting practices,
share experiences and learn from the successes and failures of other companies,
engage in an interactive learning experience that will showcase emerging best practices,
Understand the Global and Canadian vision for SDGs reporting from a representative of Statistics Canada,
receive advice from sustainability reporting experts, such as the Global Reporting Initiative (GRI),
build capacity for developing a process to report on the SDGs,
receive a certification upon successful completion, and
have the opportunity to join a networking group.
This one day SDG Reporting Training session is the first of its kind, which allows attendees to learn from and along with their peers. The full day training will be filled with valuable takeaways, interesting discussions and networking. At the heart of the training program is the opportunity to develop an action plan / process to report on the SDGs with other attendees in the room. To learn more about the agenda, please visit: http://globalcompact.ca/sdgs-reporting-training/
About the Global Compact Network Canada
The Global Compact Network Canada (GCNC) is the Canadian Network of the United Nations Global Compact - the world's largest voluntary corporate sustainability initiative. The GCNC supports Canadian businesses in the implementation of the 10 Principles of the UNGC and the 17 Sustainable Development Goals (SDGs). The SDGs, officially known as Transforming our world: the 2030 Agenda for Sustainable Development, are an intergovernmental set of 17 aspiration Goals with 169 targets. The GCNC builds the capacity of the Canadian corporate sector to embrace sustainable business practices by facilitating and creating opportunities for multi-sectoral and multi-stakeholder collaboration.
For more information, contact:
Jules Zhao, Marketing Specialist, Global Compact Network Canada
416-575-2237 | firstname.lastname@example.org
www.globalcompact.ca | @globalcompactCA
In spite of a chaotic political arena, a majority of Americans share the view that The Good Life is defined by connections to people and planet more than by material wealth and consumption. Furthermore, Americans are looking to brands to take the lead in showing them how they can make a more fulfilling life according to a US study of 1,000 adults 18+ conducted in April 2017. The Enabling the Good Life Report from Sustainable Brands and Harris Poll released today shows the dramatic shift in American attitudes and reflects a gap between people’s new aspirations and the ways business responds.
This new zeitgeist is emerging across geographies, demographics, and political boundaries and beliefs. Despite the rapid pace of life and work, the widespread divisiveness seen in America’s politics, unpredictable and tumultuous global conflicts, and the myriad of pressing social and environmental issues, there was much agreement in Americans’ outlook.
“Due to our divided times, many assume Americans disagree on what The Good Life looks like. Yet, the research shows that young or old, Republican or Democrat, male or female – leading a balanced, healthy life that is connected to people and issues that matter is at the heart of these new aspirations. It turns out, we are more the same than different,” said KoAnn Skrzyniarz, Founder/CEO of Sustainable Brands.
The landmark study released today, Enabling the Good Life: A Sustainable Brands/Harris Poll Report, was designed to understand the core elements that are most important to Americans defining The Good Life and how consumers and brands, individually and together, might accelerate the realization of these emerging aspirations.
The research shows that today’s vision of The Good Life is different from the past, with 71% saying living the good life is different for them than it was for their parents – perhaps indicating a greater focus on simplicity, health and people over things and looking beyond oneself. What we think of as the traditional elements of the “Good Life,” such as wealth and what it unlocks, may be shifting. There is an emerging desire for balance with two leading themes driving the new definition of the Good Life:
Meaningful Connections: 76% believe the Good Life is defined by having meaningful engagement with families and their communities, including those in need and the environment.
Balanced Simplicity: 66% believe the Good Life is defined by having good health and living a simple, yet balanced life. Americans are seeking reduced complexity and healthy behaviors - striking a tone of moderation, all actions contributing to their happiness.
Financial independence (26%) and personal goals (10%) such as career and education trailed balanced simplicity (36%) and human connections (28%) in what Americans view as most important factors in defining the Good Life.
While income (62%) is reported as a top obstacle preventing The Good Life, more than 3 in 4 Americans (78%) believe money cannot buy happiness.
The New Role for Business and Brands to Support the Good Life Journey
The research showed that brands have an enormous opportunity to help Americans achieve The Good Life. About half of Americans (51%) believe companies care about helping consumers achieve The Good Life and 75% of American consumers believe that if consumers demanded more products and services to help them achieve The Good Life, companies would change in order to provide them.
Yet, the majority of people in America (65%) feel the products and services offered by companies don’t help them achieve what they see as The Good Life. Although brands are commonly looked to for value (18%) and health-related benefits (12%), fewer see a logical path for brands to connect them with others, issues, or their community.
“The majority of Americans believe brands can help them live more meaningful lives, yet two-thirds don’t believe companies currently are providing products to help them do so. There’s a return on empathy most marketers fail to comprehend,” said Wendy Salomon, VP of the Harris Poll.
“People don’t really have ideas of how brands can specifically help, and brands are waiting for consumers to tell them what to do. Instead, brands need to generate their own insights and ideas, based on Americans’ emerging sense of what’s important to a life well lived – and create their own innovations to bring to market,” said Skrzyniarz. “Yes, there is a disconnect. Yet, if brands innovate, the payoff is that 4 in 5 Americans say they would be loyal to brands that help them achieve the Good Life.”
Companies mentioned as contributing to “The Good Life” include high reputation favorites such as Starbucks, Tesla, and Apple, as well as brands like Target, REI and Panera. Industries that ranked the highest in terms of delivering on helping consumers live the good life include food (48%), technology (45%), and travel and leisure (40%) with fashion (25%), banking (29%) and other categories trailing.
“Going forward, companies and brands must evolve from marketing, to mattering to people. Understanding what makes a difference in people’s lives is the force of innovation that leads to true brand loyalty,” said Chris Hollander, Head of Marketing, Panera Bread, a brand recognized by the research as helping people to achieve the Good Life.
According to Sustainable Brands, that will require:
Deeper engagement with stakeholders to better understand how brands/companies have potential to support the new definition of The Good Life.
Using constraints as an opportunity to reimagine and create with consumers products/services that matter.
Redefining value beyond “more and cheaper is better” as consumption does not meet the new definition of American’s view of The Good Life.
The full study, slated for release at Sustainable Brands ’17 Detroit on May 23rd, is part of a three-year initiative by Sustainable Brands entitled “Redefining, Redesigning and Delivering The Good Life.”
About Sustainable Brands
Sustainable Brands® is the premier global community of brand innovators who are shaping the future of commerce worldwide. Since 2006, our mission has been to inspire, engage and equip today’s business and brand leaders to prosper for the near and long term by leading the way to a better future. Digitally published news articles and issues-focused conversation topics, internationally known conferences and regional events, a robust e-learning library and peer-to-peer membership groups all facilitate community learning and engagement throughout the year. Sustainable Brands is hosted by Sustainable Brands Worldwide, a division of Sustainable Life Media headquartered in San Francisco, CA.
The Sustainable Brands and Harris Poll research provides insights for companies and brands leaders who want to know how to do business in an emerging environment where consumers are not just purchasing their products or services on their own merits, but who are also seeking guidance from companies in helping consumers attract the connections and simplicity they desire for a Good Life.
About Harris Poll
Over the last five decades, Harris Polls have become media staples. With comprehensive experience and precise technique in public opinion polling, along with a proven track record of uncovering consumers’ motivations and behaviors, Harris Poll has gained strong brand recognition around the world. Harris Poll offers a diverse portfolio of proprietary client solutions to transform relevant insights into actionable foresight for a wide range of industries including healthcare, technology, public affairs, energy, telecommunications, financial services, insurance, media, retail, restaurant and consumer packaged goods.
The survey was conducted online within the U.S. by Harris Poll in conjunction with Sustainable Brands, supported by Ketchum. April 10 – 14, 2017. A total of 1,074 interviews were conducted among U.S. adults 18+. The data were weighted to ensure that relevant demographic characteristics of the sample matched those of the U.S. general population. All respondents (not only those who met the qualifying criteria) were weighted to U.S. Census Bureau demographic profiles for the U.S. population 18+ on gender, age, region, education, income, and ethnicity. Propensity score weighting was used to adjust for respondents’ propensity to be online.
Ketchum is a leading global communications firm with operations in more than 70 countries across six continents. The winner of 19 Cannes Lions and an unprecedented five PRWeek Campaign of the Year Awards, Ketchum partners with clients to deliver strategic programming, game-changing creative and measurable results that build brands and reputations. Ketchum, is a part of Omnicom Public Relations Group.
 Respondents were asked to rate 24 items on how important each was to what their vision of the good life means. These items were then categorized into four groups based on the results of a factor analysis. A survey technique called maximum-difference scaling (max-diff) was then used to understand the relative importance of the items in each group. This was then re-indexed to sum to 100% resulting in the following weights for each category: 36%: Balanced Simplicity; 28%: Human Connections; 26%: Financial Independence; 10%: Personal Goals.
We’re excited to announce that Ethical Corporation has now surpassed the largest number of C-Suite speakers and attendees ever in its 16-year history at The Responsible Business Summit Europe.
500+ business leaders will visit London in June to discuss how businesses can make the required changes to deliver social purpose and quantifiable impact.
This will be Europe’s leading meeting place for businesses looking to transition to a social purpose and impact driven strategy.
I hope you and your company join us and become part of the movement.
UNFCU Foundation, a 501(c)(3) charitable organization, announced today that it is accepting grant applications from 1 June to 30 June 2017 for funding requests of $50,000 or less. Visit www.unfcufoundation.org/grants for information on the application process.
The mission of the UNFCU Foundation is to sustain the path out of poverty through healthcare and education for women and children. Since its launch in 2015, the Foundation’s support of 14 causes has collectively benefitted more than 20,000 women and children in impoverished regions.
“From the grant applications we receive each year, we select results driven projects that support our mission,” said Pamela Agnone, president and director of the UNFCU Foundation. “In 2018, we look forward to continuing our work in collaboration with effective partners on the ground to ensure that marginalized women and children are not left behind.”
In selecting causes to fund in 2018, UNFCU Foundation will apply the following criteria to evaluate grant requests:
Alignment with its mission
Strong track record over at least a three year period or an extended pilot period
Sustainability with access to additional support
Ability to track the impact of the project or organization through reporting of results
Direct impact to women and children in need, with long-term benefits
UNFCU Foundation does not provide grants for:
Organizations without the tax-exempt status stated in the grant application guidelines and form
Projects without measurable goals and impacts
Political campaigns or candidates
Religious, fraternal, or professional sports organizations
Documentaries, performing arts groups, or productions
Undergraduate scholarships, personal needs, or operational expenses / existing deficits
About UNFCU Foundation
UNFCU Foundation is a New York-based, non-profit corporation launched in 2015 by the United Nations Federal Credit Union (UNFCU). The Foundation is overseen by an independent Board of Directors who work with an Advisory Council comprised of volunteers with specialized expertise in a variety of disciplines to evaluate grant requests and project sponsorships.
The submission deadline for the 8th Annual Responsible Business Awards is drawing ever closer and we’re still on the hunt for the ground-breaking initiatives that have brought CSR to the fore over the past year.
This is your chance to be recognised, and what’s more, recognise colleagues, teams and partners who have worked tirelessly to forward the Responsible Business agenda.
Why enter the awards?
Great profile on Ethical Corporation
All winners will receive an in-depth write-up published on the ethicalcorp.com and will also be featured in post event email communications
Recognition from colleagues in your sector
The case studies that we create for the winners will feature in an e-book each year which we share with the EthicalCorp community. Our global community consists of over 100,000 corporate, NGO, academic and governmental professionals. This ensures your great work will be seen by your key stakeholder groups.
An opportunity to celebrate
The night presents an excellent opportunity for you and your team to celebrate the past 12 months of campaigns and initiatives. Showcase your work in front over 300 fellow peers at the glamorous Awards ceremony.
Reward your team
Working in corporate sustainability can be a tough job, and an Award for your efforts is one way to make the hard work worth it.
Get your work in front of the people that matter
Our judges are some of the world’s most influential sustainability, business and academia thinkers and doers. Even if you don’t win, this is great way to make them aware of your work.
Time goes fast, so get your entry ready now! Download the Awards entry guidelines here
May 22, 2017 /3BL Media/ - Nestlé Waters North America today announced it is investing $6 million as part of a shared effort among business, government and community partners to fund comprehensive recycling infrastructure and programs in cities across the United States.
Nestlé Waters will join the ranks of some of the world’s largest companies – including 3M, Coca-Cola, Colgate-Palmolive, Goldman Sachs, Johnson & Johnson, Keurig Green Mountain, PepsiCo and the PespiCo Foundation, Procter & Gamble, Unilever, Walmart, and the Walmart Foundation – as part of Closed Loop Fund, a $100 million social impact investment fund committed to finding a national solution to the critical recycling gap in the U.S.
The U.S. Environmental Protection Agency (EPA) estimates that 75 percent of the waste stream in the U.S. is recyclable, but only 30 percent actually gets recycled. Aside from the environmental impacts, municipalities and businesses in the U.S. spent over $5 billion in 2015 disposing of waste in landfills. Much of this waste, such as PET plastic, is in demand among manufacturers as raw material for everything from textiles to packaging.
“The United States has one of the lowest recycling rates of any industrialized country, but it doesn’t have to stay that way. The U.S. has an opportunity to lead the way in recycling, while creating jobs, economic growth, and a more sustainable future,” says Nelson Switzer, Chief Sustainability Officer at Nestlé Waters North America. “As a company, we are on a very deliberate journey toward zero landfill waste in our products and operations, so I can think of no better opportunity than working collectively to ensure these recyclable materials are transformed from garbage to the valuable resources that they are.”
To date, Closed Loop Fund has diverted more than 100,000 tons of recyclable content, and the 11 projects currently funded are poised to divert 4 million tons by 2025. In that same timeframe, the Fund aims to:
Eliminate more than 40 million tons of greenhouse gas;
Divert more than 20 million cumulative tons of waste from landfills;
Provide a $40M economic benefit to municipalities;
Prove replicable models that will help unlock additional investment in recycling.
"Nestlé Waters’ commitment to Closed Loop Fund is a significant investment in creating shared value across the recycling supply chain," said Rob Kaplan, Managing Director of Closed Loop Fund. "The investment will enable people to recycle more, and efficiently turn those packages into new products. It will save taxpayer dollars and improve the recycling system."
This investment in Closed Loop Fund is just the latest in Nestlé Waters’ efforts to enhance quality of life and contribute to a healthier future for individuals and families, communities, and for the planet. Having pioneered the lightweight bottle, the company has reduced the plastic content of its bottles by over 60% since 1994. Just last month, Nestlé Waters reached a critical milestone in its use of recycled plastic content (rPET), announcing that 9 out of 10 of its California-born Arrowhead® Mountain Spring Water bottles incorporate 50% post-consumer recycled plastic content. As a result, 1.8 billion bottles have been kept from landfills, and the 86 million pounds of recycled plastic has saved 69,660 tons of carbon emissions – the equivalent of 39,000 round trip flights from New York to Los Angeles.
About Nestlé Waters North America
Nestlé Waters North America provides people with an unrivaled portfolio of bottled waters for healthy hydration. Brands such as Nestlé® Pure Life®, Poland Spring®, Perrier®, and S. Pellegrino® have driven Nestlé Waters North America to be the third largest non-alcoholic beverage company by volume in the U.S. Based in Stamford, Connecticut with over 8,500 employees nationwide, Nestlé Waters is committed to reducing its environmental footprint across operations. The company is also committed to creating shared value and being a good neighbor in the 140 communities where it operates in the U.S.
About Closed Loop Fund
Founded in 2014, Closed Loop Fund is a social impact investment fund that provides cities and companies access to the capital required to build comprehensive recycling programs. Closed Loop Fund aims to invest $100 million by 2020 with the goal to create economic value for cities by increasing recycling rates in communities across America. Closed Loop Fund brings together the world’s largest consumer product, retail, and financial companies committed to finding a national solution to divert waste from landfills into the recycling stream in order to be used in the manufacturing supply chain. Key supporters include 3M, Coca-Cola, Colgate-Palmolive, Goldman Sachs, Johnson & Johnson Family of Consumer Companies, Keurig Green Mountain, Nestlé Waters North America, PepsiCo and the PepsiCo Foundation, Procter & Gamble, Unilever, Walmart and the Walmart Foundation. For more information, visit www.closedloopfund.com.
Sustainable Brands® kicks off its largest community gathering today with Sustainable Brands’17 Detroit at the Cobo Center in downtown Detroit. Over 2,000 business executives along with their teams from 35+ countries across the globe are attending the conference and Activation Hub. In addition, there is anticipated record breaking livestream viewership in collaboration with Detroit Public Television (DPTV).
SB’17 Detroit marks the launch of the community’s global initiative, Redefining the Good Life, and seeks to discover how redefined societal aspirations are transforming the way brands deliver value for their customers. This is the largest assembly of brand leaders, sustainability practitioners and design innovators gathering for a collective conversation about how businesses can emerge as leaders in the 21st century economy.
Over 300 influential brand leaders and practitioners of environmental and social innovation are sparking conversation around how businesses and brands are responding to shifts in customer attitudes toward the ‘Good Life’.
Program highlights and companies launching news from the conference include:
Sustainable Brands and Harris Poll release new data on American attitudes and aspirations that will drive brand innovation and new product/service offerings.
Interface shares new research revealing the latest and most exciting aspects of their ambitious Climate Take Back framework.
Bill Ford, Executive Chairman of Ford Motor Company shares the company’s transformative journey toward delivering innovative good mobility products and services to 21st century customers.
BASF shares a breakthrough value-to-society calculator that estimates a brand’s contribution to society along the entire value chain.
GlobeScan and SustainAbility share new research insights on leaders’ perceptions and expectations around the state of sustainable business globally.
CDP shares their latest water report exploring corporate risk on water security.
William McDonough, Founding Principal, William McDonough + Partners Architects challenges the community to join his pursuit in redesigning for the good life.
BBMG and GlobeScan share new research insights on a number of trends around consumer attitudes and behavior.
Wrangler launches a pilot program for U.S. sustainable cotton and aims to unlock significant improvements in yield, irrigation water, energy inputs, GHG emissions and soil conservation.
The Activation Hub at SB’17 Detroit
The Activation Hub is the focal point for collaboration and exploring new ways of creating brand value while driving positive impact in the world. Nearly 100 interactive sessions and facilitated conversations take place in the Activation Hub this year, focused around market sector pavilions. Highlights include:
BASF showcases how businesses can collaborate to help community development in urban areas, specifically around their partnership with SB and the Michigan Urban Farming Institute Community Resource Center build project.
Ford Motor Company hosts the Good Mobility pavilion and features General Motors, United Airlines, Fiat Chrysler (FCA US LLC) and others leading a discussion on the future of both ground and air transportation. Both Ford and Fiat Chrysler are hosting vehicles on site.
A ‘Good Homes’ pavilion, anchored by Procter & Gamble, features Kohler, Dopper, Shaw and others. Whirlpool debuts their WLabs appliance innovation for reducing food waste and leads a virtual look into their living research laboratory, ReNEWW House.
Retail Industry Leaders Association (RILA) hosts the ‘Good Retail’ pavilion featuring Savers, SCS Global Services, and Harvest Time International, promoting responsible and transformative sustainability best practices for the industry at large.
The Dow Chemical Company anchors the ‘Good Chemistry’ pavilion and discusses how the company is working towards improving the chemicals used in the food, waste and green building spaces. Dedicated discussions explore how the chemical industry as a whole can better align the emerging Good Life aspirations with innovation in that sector. They also release their 2016 Sustainability Report.
The Activation Hub is open Monday evening from 6:30 – 9:00pm; Tuesday and Wednesday afternoons from 12:00 noon until 7:00pm; and Thursday from 12:00 noon until 3:00pm. Ticket passes for the Activation Hub Only are available for purchase during these times. Pre-registration is encouraged.
Free Conference Live Stream
Sponsored by CVS Health, Meijer and BillerudKorsnäs, and produced in partnership with Detroit Public Television, Sustainable Brands offers free access to 3 days of live stream broadcast from the conference. After registering, live stream viewers receive access to the live simulcast of conference plenary sessions beginning Monday evening. Interested viewers can learn more and register at SB17Detroit.com/live/register.
This global gathering of prominent business leaders is led by Lead Sponsors Ford Motor Company, The Dow Chemical Company, and BASF. Sustainable Brands Strategic Partners are the Retail Industry Leaders Association and The Erb Institute. Principal Sponsors include Nestlé and Citizen Group. Target, UPS, Amazon, and Procter & Gamble are Premier sponsors and Savers, Shaw Industries Group, Ltd., Braskem, General Motors, DanoneWave Foods, Vinyl Business & Sustainability Council, United Airlines, jetBlue, Quantis, Thailand Sustainable Development Foundation (TSDF), Trucost, Wrangler, Timberland, U.S. Farmers & Ranchers Alliance and World Organization of the Scout Movement are Major Sponsors. Additional partners include: The Nature Conservancy, Harris Insights & Analytics, The Huffington Post, Wharton IGEL, Effie Worldwide, and others.
For a list of attendees and a complete list of sponsors and speakers, please visit the conference website at SB17Detroit.com. Tickets for both the conference and Activation Hub are still available and can be purchased onsite at the Cobo Center in downtown Detroit.
About Sustainable Brands
Sustainable Brands® is the premier global community of brand innovators who are shaping the future of commerce worldwide. Since 2006, our mission has been to inspire, engage and equip today’s business and brand leaders to prosper for the near and long term by leading the way to a better future. Digitally published news articles and issues-focused conversation topics, internationally known conferences and regional events, a robust e-learning library and peer-to-peer membership groups all facilitate community learning and engagement throughout the year. Sustainable Brands is a division of Sustainable Life Media headquartered in San Francisco, CA.