News & Press

Sustainability News and Trends – January 2023

Posted by | Fuld & Company

For the latest and most important sustainability news and developments from November and December 2022 please see below for all the key stories.

For a PDF version of this news please download here.

National Governments’ Announcements

A summary of the key announcements by national governments in relation to sustainability is as follows:

Companies Making Sustainability-Linked Acquisitions & Investments

Some of the key sustainability-linked acquisitions and investments have been made by the following companies.

Key Sustainability News

A summary of the key sustainability news that has occurred over the past month is listed below.

15 December 2022: Sport

England Athletics has launched a new sustainability strategy for sports people in England, in alignment with the UN-SDG’s and the BASIS framework

  • England Athletics, the governing body for athletics in England, has launched a new sustainability strategy in alignment with the United Nation Sustainable Development Goals (UN-SDGs) to engage and inspire sports clubs, athletes and runners, to consider the climatic impact of their activities and services
  • The strategy is based on the British Association for Sustainable Sport (BASIS) principles of sustainability framework, and provides methods of measuring and tracking sustainability impact and progress across social, economic, and environmental impact areas
  • The strategy includes guidance issued to clubs, RunTogether groups, facilities, race directors and competition providers to help them make a sustainable difference

14 December 2022: Logistics

Mahindra Logistics has established its new net-zero warehouse facility that runs entirely on solar and battery stored energy

  • Mahindra Logistics, a third-party logistics (3PL) solutions provider, has established a new net-zero warehouse facility in Siddipet, Telangana, that runs on 100% solar and battery-stored energy
  • The new one-of-its-kind facility is designed with sustainable warehousing architecture based on renewable energy, resource conservation and green cover located in a 3.7 lakh sq. ft area
  • The facility supplies excess energy generated to the grid that can be equipped for charging electric cargo vehicles and personal mobility, making it absolutely net-zero

6 December 2022: Information Technology, Logistics

Accenture and Planet Labs have collaborated to establish sustainability initiatives to enhance environmentally-conscious decision making within organisations

  • Accenture, an IT MNC, and Planet Labs, an American Earth imaging company, have entered into an agreement to launch sustainability and impact initiatives to enhance decision-making at organisations across multiple industries
  • The companies plan to focus on customers from industries including agriculture, consumer packaged goods, energy and forestry, and from government to help them power strategies in measurement, traceable supply chain, and data-based climate risk assessments, in order to reduce disruption across value chains
  • The collaboration is positioned with Accenture Ventures’ Project Spotlight that aims to connect emerging tech startups with the Global 2000 to bridge strategic innovation gaps

5 December 2022: Hospitality

American Hotel & Lodging Association (AHLA) has launched a new initiative – Responsible Stay – to prioritise sustainability in the hospitality industry

  • Major hotel and hospitality companies in America have come together to launch an environmental sustainability initiative, ‘Responsible Stay’, prioritising sustainability in the hospitality industry
  • Developed by American Hotel & Lodging Association (AHLA), Responsible Stay is an industry-wide allegiance to make meetings, events and guest experiences in hotels more environmentally and socially responsible
  • The new initiative focuses on 4 key areas – energy efficiency, waste reduction, water conservation, and responsible sourcing practices – to strengthen environmental programs, education and resources

5 December 2022: Travel & Tourism

The Travel Corporation (TTC) has launched a new carbon fund to reach net zero by 2050

  • The Travel Corporation (TTC), a member of the World Travel & Tourism Council, that comprises 40 travel and tourism brands, has introduced a ‘carbon fund’ for travel companies to help decarbonise their businesses correctly
  • The internal carbon fund launched by TTC will be fuelled by all its member brand companies which will contribute to the fund twice a year
  • The fund will be used to address TTC’s sustainability goals and help it transition to net zero, while also enabling the company’s business leaders to use it for other ways to reduce energy usage

30 November 2022: Dairy

Nestlé and Fonterra plan to establish a net zero carbon emissions dairy farm, the first in New Zealand, to reduce the farm’s carbon emissions by 30% by mid-2027

  • Nestlé, a food and beverage MNC, and Fonterra, a New Zealand-based multinational dairy cooperative, have come together to establish New Zealand’s first net zero carbon emissions dairy farm
  • The net zero milk project aims to reduce emissions of the dairy farm by 30% by mid-2027 and achieve net zero emissions in 10 years
  • The pilot project assessing the dairy farm’s total carbon emissions will be developed on a 290-hectare property and will run for 5 years in co-partnership with Dairy Trust Taranaki

18 November 2022: Training & Development

HCLTech has introduced a new learning program to educate its employees across the world on the impeding effects of climate change and the actions to be taken

  • HCLTech, an Indian IT and consulting MNC, has introduced the HCLTech Sustainability School and company’s first comprehensive climate literacy learning series to transition employees towards sustainability
  • The series is designed by Axa Climate to raise climate change awareness among HCLTech’s employees globally, and educate them to take efforts with governments, NGOs and enterprises to address the causes of climate change
  • The course will launch in 2 phases covering topics such as upcoming menaces to biodiversity, misuse of natural resources, impact of climate change on livelihoods across various regions, and more

18 November 2022: Aviation, Defence

UK’s air and space force RAF has successfully completed the world’s first 100% sustainable aviation fuel (SAF) military flight

  • The Royal Air Force (RAF), United Kingdom’s air and space force, has carried out the world’s first 100% sustainable aviation fuel on all engines of its military transporter flight as part of its commitment to achieving net zero by 2040
  • RAF Voyager flight – the military variant of an Airbus A330 – which flew over Oxfordshire, was a joint venture between the RAF, DE&S and industry partners Airbus, AirTanker and Rolls-Royce, with the fuel supplied by Air bp
  • The sustainable aviation fuel (SAF) is made from waste-based sustainable feedstocks, such as used cooking oil, and reduces lifecycle carbon emissions by up to 80% compared to the conventional jet fuel

For a PDF version of this news please download here.

 

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