FMCG giants ramp sustainable packaging efforts
Fast-moving consumer goods (FMCG) companies are increasingly pledging to bring the environmental, social and governance (ESG) element into packaging with an aim to address various environmental challenges. Amid mounting pressure from customers, investors, and governments, they are making forward-thinking moves to improve the world by offering ethical, sustainable purchase choices to consumers, says GlobalData. GlobalData’s […]
87% of business leaders expect to increase sustainability investment
87% of business leaders expect to increase their organization’s investment in sustainability over the next two years. Customers are the primary stakeholder group creating pressure for organizations to invest or act on sustainability issues, selected by 80% of executives, followed by investors (60%) and regulators (55%). “Sustainability enables businesses to cope with disruption,” said Kristin […]
Freight’s clean future: 94% of UK companies to ‘go green’ within five years
A new survey has found that 94% of transport & logistics (T&L) companies are committed to actively reducing carbon emissions by 2027. The 2022 Green Technology in Freight survey carried out by Neos one year on from the announcement of the UK government’s Decarbonising Transport plan, shows a significant portion of the industry are set to […]
Supply Chain Procurement: 2023 buying trends revealed
Forecasting tools, 3PL and Delivery Management top the list of services the UK’s leading supply chain professionals are sourcing for 2023. The findings have been revealed ahead of next month’s Total Supply Chain Summit and are based on delegate requirements at the second of two events in 2022. Delegates registering to attend were asked which areas they […]
Consortiums key to organisations hitting net-zero goals
Due to a dearth of low-cost innovative solutions and scalability issues, companies are failing to achieve their ambitious net-zero goals. However, consortiums, with a collective goal of reducing carbon emissions, can address these challenges and attract investment from big companies to accelerate and support the implementation of decarbonization strategies, says GlobalData, a leading data and […]
CFOs ‘focusing on automation investments’ to drive down costs
CFOs plan to protect their digital investments as they cut costs elsewhere in the business, and have particularly prioritised back-office automation as a key to driving down costs in the face of ongoing inflation. A July 2022 survey of 226 CFOs undertaken by Gartner found that digital acceleration was the top spending priority for CFOs […]
There are four ways Chief Supply Chain Officers can manage inflation, says Gartner
As inflation rates rise in economies around the world, and a recession might be looming, there are four ways chief supply chain officers (CSCOs) can prepare their leadership response over the next months, according to Gartner. “While CSCOs primarily focus on developing strategy and enabling organizational capabilities, the economic headwinds they experience these days call […]
Emerging tech ‘critical’ to manufacturers embracing the Circular Economy
A study by Sage has revealed the significant hurdles faced by manufacturers and distributors shifting to a sustainable Circular Economy business strategy, despite widespread acknowledgement of the many benefits it will deliver. “The State of the Circular Economy” report shows the industry is paying greater attention to the need for, and benefits of, the Circular Economy […]
Supply chain sustainability focus areas continue to shift & evolve, says report
The 2022 State of Supply Chain Sustainability report indicates that pressure to support supply chain sustainability (SCS) has increased steadily since last year, though that pressure has focused on different areas than it did in 2021. In particular, environmental dimensions of SCS received much more attention than in 2020: Climate change mitigation and natural resource/biodiversity conservation […]
Hubbub outlines challenges and opportunities for reusable food and drink packaging
Environmental charity Hubbub has launched ‘Reuse Systems Unpacked’, a report uncovering the challenges and opportunities for reusable food and drink packaging systems. The report, unveiled at The Royal Society of Arts in the presence of key players in the sector, provides recommendations on how reusable packaging systems can work and what needs to happen for […]
