Samsung IT says its subsidiary will not pursue any business with the Korean-Indonesian conglomerate Korindo, a company linked to rainforest destruction practices. A petition, launched by SumOfUs.org and delivered by Mighty Earth directly to Samsung’s Corporate Social Responsibility team, was part of an extensive two-month campaign, calling on Samsung to drop the joint venture or any business partnership with Korindo. But Samsung IT still needs to clean up its palm oil practices, the groups say.
CVS Health, one of CR Magazine’s 100 Best Corporate Citizens in 2016, has joined the dozens of companies that have pledged to reduce product packaging waste by joining the Sustainable Packaging Coalition. The drugstore and pharmacy company says that its expanding environmental footprint – with thousands of retail pharmacies and … Read more »
Making food systems more sustainable – and thus ensuring a steady supply of the products necessary to food production – is a key factor in the ongoing financial success of food manufacturers, and an issue that is proving that sustainability is an important aspect of an overall business strategy. But … Read more »
Cargill and the World Resources Institute (WRI) are teaming up to work across value chains to better manage deforestation and water risk. Under the 2-year partnership, Cargill will use WRI’s agricultural tools — maps, analytics and expertise — to improve its environmental management while WRI will benefit from Cargill’s global … Read more »
Cargill avoided more than 1 million metric tons of fossil-fuel-based greenhouse gas emissions in 2015 by using renewable energy, according to the company’s 2015 corporate responsibility report. Renewable sources made up 14.1 percent of the company’s energy portfolio in 2015. The company reached all of its 2015 environmental performance goals, achieving … Read more »
The Consumer Goods Forum has published guidelines to help the consumer goods and retail industries to achieve zero net deforestation by 2020. The Sustainable Palm Oil Sourcing Guidelines aim to assist companies in designing their own policies for sourcing palm oil more sustainably, and were developed by CGF retailer and … Read more »
Mondelez International exceeded its goal to reduce manufacturing waste by 15 percent per metric ton of production by 2015, according to the company’s most recent sustainability report. Through 2014, the snacking company achieved a 57 percent reduction — four times the original goal. In its Call For Well-being 2014 Progress … Read more »
Wilmar International, the world’s largest palm oil trader, has become the first industry player to offer transparency of its palm-oil supply chain on-line. The company expects this move to help it achieve its goal of excluding deforestation and exploitation from its operations. Jeremy Goon, Wilmar’s chief sustainability officer, said the … Read more »