Sustainability Beat

Big news for #greenwash as the UK's Competition and Markets Authority secures a landmark agreement with ASOS.com, Boohoo Group PLC and Asda on their environmental claims. More detail here >> https://lnkd.in/epSgsSwr The CMA also issued an open letter to the industry and said it will publish further guidance for the fashion sector. #greenwash John Lyttle #retailnews #fashion #responsiblefashion

Why is Tesco refusing to participate in Mighty Earth's Chocolate Scorecard? A lack of transparency means the UK's largest supermarket is "keeping its customers in the dark" about the #ethical impact of its cocoa supply chain. >> https://lnkd.in/gvUdybia 🗣️"With new UK legislation incoming, it’s time for the biggest retailers to get their act together,” says Gemma Hoskins. #sustainability #deforestation #cocoafarm #childlabour #supplychain Julian Oram

Guinness maker Diageo has strengthened its #esg leadership, naming a new global head of #sustainability to focus on the ‘critical role’. >> https://lnkd.in/eFNXzqUX Kristin Hughes, Ewan Andrew, Deb Caldow (Ralls) #fmcg

No punches were pulled as Positive Money calls on the Bank of England to step up its work to align the UK's financial sector with government climate goals as a "matter of urgency". https://lnkd.in/eRJT7VxT #greenfinance #sustainabilitynews

Too Good To Go is leading the charge against the commercial food waste mountain which costs the UK economy more than £21bn each year. Retail giants including Aldi UK, Tesco and Waitrose & Partners - have signed an open letter to Department for Environment, Food and Rural Affairs, calling for a fresh focus on the issue. 🔗https://lnkd.in/emffRKQ5 With comments from British Retail Consortium Andrew Opie Jamie Crummie and Liz Fox #foodwaste #sustainability

It's no surprise that Trainline thinks more people should travel by train - but do we fully appreciate the impact of travel in reducing our carbon footprint? Can it really be true that the UK will miss the Climate Change Committee's 2050 net zero target if we don't increase the amount we travel by rail by at least 30% in the next decade? And if it is, what can we do about it? CEO Jody Ford says the answer lies in "collective action" 🔗https://lnkd.in/g25ECXVH #train #travel #sustainabletravel

H&M has inked a £472m deal with Syre - a multi-billion dollar venture created to slash textile emissions by as much as 85% in the latest move to decarbonise the fashion industry. CEO Dennis Nobelius describes the plans as "true textile-to-textile recycling at hyperscale". Full story here 👉 https://lnkd.in/gpX2BA55 Vargas Holding TPG #sustainablefashion #sustainableretail #recycling #circulareconomy

Jeremy Hunt's spring budget includes a £5bn fuel duty boost for motorists, while just £120m was earmarked for new green technologies....   Greenpeace UK head of climate justice Aakash Naik said the budget was the chancellor's "last chance to tackle the scale of the climate and economic crises the country faces, but he’s completely botched it". WWF-UK director of policy solutions Angela Francis described the financial update as a "missed opportunity" to tackle the climate crisis. Full story here 👉 https://lnkd.in/gzUp9xj3 #budget2024 #greeneconomy #climatecrisis #fuelduty

Will Marks and Spencer's latest plastic-free innovation allow it to offer customers the “most sustainable cup of coffee on the high street”? Alicia Thompson highlights how small changes can have a big impact 👉 https://lnkd.in/ewnPCYGn #coffee #plastic #recycling

Can corporate partnerships between businesses and charities ever really work? Or have Tesco and WWF shown that the potential to muddy the waters is simply too great? Both have denied that a report showing the #supermarket's supply chain was destroying the River Wye has been pulled as a result of the ongoing partnership, worth over £6m in donations since 2018. Full story here 🔗 https://lnkd.in/erWXt777 #pollution #supplychain #environment