archiveNovember 17, 2022

Deforestation should be more of a priority among financial institutions in order to tackle climate change, a major new report urges. Deforestation for agricultural commodities, including palm oil, soy, and beef, currently accounts for 10 per cent of global carbon dioxide emissions, more than the aviation sector.  Action to halt the pillaging of forests is essential for achieving net zero targets but financial institutions are at the starting line when it comes to action, according to Global Canopy’s new Deforestation Action Tracker. The Tracker, which will become an annual accountability mechanism,...

Debbie Shakespeare, senior director, sustainability, compliance and core product line management, RBIS Avery Dennison argues that the fashion industry needs to adopt circularity. Fashion has a dark side. Of the 100 billion garments produced each year, 92 million tonnes are dumped. That is the equivalent of a rubbish truck full of clothes go to landfill sites every second. Should this shocking trend continue, fast fashion waste is expected to rocket up to 134 million tonnes a year by 2030. Thankfully, there is government, industry and consumer acceptance that things must...