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| Subject: |
SUSTAINABLE BUSINESS
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| Period: |
August 15, 2013 to September 1, 2013
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| Geographies: |
Worldwide
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| Categories: |
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
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Contents
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The World Wildlife Federation announced that 15 companies that represent 70 percent of global farmed salmon production – collectively known as the Global Salmon Initiative – have committed to having all of their production certified as sustainable by 2020. About 60 percent of salmon eaten today comes from salmon farms. The $5.4 billion industry generates two million metric tons of farmed salmon every year. The commitment to sustainability will help eliminate problems that plague salmon production: poorly managed farms that spread disease and parasites; overuse of chemicals and fish waste that affects ocean ecosystems; and the use of marine organisms for feed that impacts natural resources. The WWF says the commitment “will change aquaculture – and can have global ripple effects through the entire food industry”.
"Spawning a sustainable industry for farm-raised salmon", News release, World Wildlife Fund, August 15, 2013
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Food sustainability expert Cheryl Baldwin, Ph.D., believes Walmart – particular its Sustainability Index – is playing a major role in the awakening of the dairy supply chain in the U.S. to the benefits of sustainability. The Index – a set of category-specific questions about sustainability performance on key issues answered by suppliers twice each year – was developed by Walmart as part of its own efforts to achieve its broader sustainability goals. Dairy merchants were among the first of Walmart’s suppliers to begin using the Index in the fall of 2012. The 14 Index questions for dairy suppliers target key environmental hotspots: cow manure; the many inputs required to make feed; gases cows produce during digestion, etc. Walmart’s goal is to have 70 percent of its products using the Index by 2017.
"How Walmart Is Transforming Dairy Sustainability", Environmental Leader, August 14, 2013
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Wegmans Food Markets appointed Carl Salamone as vice president of seafood sustainability as part of the retailer’s commitment to sustainable seafood. Dave Wagner has been promoted to succeed Salamone as vice president of seafood merchandising at the Rochester, New York-based retailer. Wegman’s sustainability manager Jason Wadsworth has handled the company’s sustainability efforts, including its carbon footprint, packaging, recycling, and sustainable sourcing. Family-owned Wegmans Food Market currently operates 81 stores in New York, Pennsylvania, Maryland, and Massachusetts.
"Wegmans' Salamone to Tackle Sustainable Seafood", Progressive Grocer, August 08, 2013
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| Companies, Organizations |
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Global corporations must grow their business in line with the needs of the communities they serve and sell their products to if they are to help in solving the world’s present challenges, such as growing scarcity of resources, climate change, and civil unrest. Business growth and sustainability should not be seen as contradictory and mutually excluding concepts. Companies need to embrace the concept of responsible capitalism and see themselves as part of society. Embracing this concept, Unilever launched the Unilever Sustainable Living Plan, which aims to double the size of the company, while reducing its impact on the environment and increasing positive social impact.
"How Global Corporations Can Help Meet Global Challenges (Op-Ed)", Live Science, August 29, 2013
The Coca-Cola Company’s international philanthropic group The Coca-Cola Foundation said it awarded $8.8 million in grants to 66 community organizations in the second quarter of 2013. Aimed at promoting personal well-being, strengthening communities, and protecting the environment, grants valued overall at $1.9 million were directed to programs promoting physical fitness and healthy lifestyle; $4.6 million went to local priorities, including education and other social well-being programs; and $2.3 million to water management, recycling, and environmental programs. Some of the organizations that received grants during the period include DESEM Del Uruguay’s Dale Juguemos program, NPO Japan Running Promotion Organization, and the Center for Research in Environmental Epidemiology, Active Transportation in Ireland.
"The Coca-Cola Foundation Gives $8.8 Million to Help Develop Sustainable Communities", The Coca-Cola Company , August 08, 2013
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Economic Times, August 15, 2013
Food Production, August 08, 2013
Progressive Grocer, August 08, 2013
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| Marketing & Advertising |
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Market research firm The Hartman Group reports some “really fascinating shifts” in today’s food culture that are affecting consumer expectations of grocery products and packaging. Food and beverage companies should pay attention to these trends because they offer opportunities and challenges for new product presentation and packaging, according to the company. A primary trend is greater involvement by consumers in the world of food, which people associate with enjoyment, passion, love and healthy families. Along with this new passion for food comes a desire to know where it comes from, perhaps for safety reasons, but also just out of curiosity.
"Food for thought: Consumers’ changing attitudes toward food", Packaging World, August 16, 2013
Fairtrade Foundation launched its program aimed at marketing produce of African farmers on Fairtrade terms in Kenya. Results of the group’s study showed 95 percent of high-income Kenyans are willing to pay more to help local producers, with 65 percent saying readiness to pay 5–10 percent more than non-Fairtrade products. However, middle- and low-income respondents said they usually make their purchasing decisions based on price. Product lines included in Fairtrade marketing program include coffee, tea, sugar, fruit juices, and honey, with sales target ranging between £5 million and £10 million. Kenya’s Fairtrade campaigners face a long struggle ahead in the country, which has a population of 41 million and a GDP that has more than doubled in the past 10 years to £20 billion per year. Market research by Fairtrade showed local consumers are interested in seeing Fairtrade-certified products currently being sold in the UK.
"Kenyan shoppers buy local and Fairtrade", Fairtrade Foundation, August 13, 2013
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Convenience Store News, August 15, 2013
Unilever, August 14, 2013
BusinessGreen, August 12, 2013
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