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Subject: |
SUSTAINABLE BUSINESS
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Period: |
May 1, 2016 to May 15, 2016
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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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Yogurt maker Dannon is requiring its milk suppliers to adhere to the company’s animal welfare standards and to improve and conserve soil. The new requirement is part of Dannon’s response to a growing consumer concern about the source and wholesomeness of food. Consumers increasingly seek fewer synthetic ingredients in their foods, want their food to be more pure, and want food animals treated humanely. A slew of new food companies represent fairly tough competition for Dannon – which sells a third of all yogurts in America – by touting the simplicity and purity of their products.
"Yogurt Buyers Send Dannon Back to the Farm", The New York Times, April 26, 2016
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A Seattle chef is convinced there’s a bright future for coffee flour, made from discarded coffee berry pulp. He has converted part of his restaurant’s kitchen into a sort of lab where he and colleagues test new formulations that use coffee flour to develop new applications beyond pastas, salad dressings, dips and batter. Thousands of tons of coffee fruit pulp – everything but the beans themselves – are thrown away each year. But Jason Wilson believes the waste product can not only be transformed into a valuable cooking ingredient, it can help raise the living standards of coffee farmers, benefit the environment, and boost the economies of coffee-producing countries. Coffee flour is the brainchild of Dan Belliveau, a former director of technical services at Starbucks.
"Coffee flour: How innovators turned a waste product into a superfood", The Seattle Times, April 27, 2016
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Yogurt maker Dannon has pledged to farmers, retailers, and consumers that it will improve sustainable practices for its milk supply. It also promises greater transparency for its products as uses more natural – and fewer – ingredients. Improving its sustainable agriculture practices and technology will lead to better soil health, better water management, an increase in biodiversity, and a decrease in carbon emission. Moving to natural ingredients means fewer synthetic and more non-GMO over a three-year transition period. The company will ensure that by the end of 2017 any GMO ingredients will be clearly indicated on product labels.
"Dannon Announces Breakthrough Sweeping Commitment for Sustainable Agriculture, More Natural Ingredients and Greater Transparency", News release, Dannon, April 27, 2016
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A Japanese weather services provider says it is determined to apply artificial intelligence (AI) technologies to reduce the 6.4 million tons of edible food that is thrown out annually. The Japan Weather Association (JWA), working with retailers, food producers and other companies, has developed a system that predicts food demand. It analyzes weather information, sales data, and other factors to project trends. Companies can use the information to scale back excess production and cut inventory losses. Included in the research is data on several dozen products, including cold ramen sauce, tofu, coffee and carbonated drinks. Adjusting production by using the data could reduce wasted noodle sauce by 40 percent and discarded tofu by 30 percent.
"AI could solve Japan's food waste problem", Nikkei Asian Review, April 28, 2016
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Millennial consumers and young executives are driving growth in the cosmetics industry's adoption of sustainable packaging. Although significant progress has been made in developing environment-friendly packaging for beauty products, many factors, including lack of recycling facilities, non-oil-based materials, costs, and demand, are slowing down adoption. With millennials becoming stronger in corporate management, they are expected to push for more adoption of sustainable packaging, prompting major suppliers in the beauty sector to work harder to develop environment-friendly packaging and practices. This trend has been gaining strength in the past several years, with the cosmetics industry adding more post-consumer recycled materials into packaging. Neenah Packaging’s director of marketing Mark Sng said, millennials account for an increase in customer requests for ecology-friendly packaging.
"Simply ‘Green’ Packaging", Beauty Packaging, April 28, 2016
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Beauty brand Lush is selling solid products, such as shampoo bars, soap, and Bath Bombs, that do not need as much packaging as conventional personal care products. When a product needs packaging for protection, Lush uses packaging made from recycled materials. One of its recycling programs, Black Pot, has helped collect more than 300,000 black pots, which were later recycled into new black pots. Lush's ethical buying manager Heather Deeth said creating packaging-free products is a main part of the company's business philosophy, with the company's emphasis on focusing on product quality instead of packaging. Lush uses 100-percent recycled content material for plastic, paper, or cardboard packaging, Deeth said.
"Online Exclusives: Lush Takes An Ecological Approach to Retailing", Beauty Packaging, May 02, 2016
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Companies, Organizations |
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L'Oreal will evaluate the performance of brand and country managers based on the objectives defined in the company's Sharing Beauty With All sustainability program, according to chief sustainability officer Alexandra Palt. Brand managers will be assessed based on their achievements toward the three main SBWA product targets: increasing the percentage of products with improved environmental or social profile; driving the brand's efforts to combine sustainability with customer interactions; and the brand's contribution to the company's environmental or social purpose. Country managers will be evaluated depending on how well the company's growth has been shared with local employees and communities.
"L'Oreal reveals secrets of its executive carbon bonus scheme", Business Green, May 06, 2016
L’Oreal aims to become a carbon-balanced company by 2020 through its Sharing Beauty With All sustainability program, according to chief sustainability officer Alexandra Palt. First launched three years ago, SBWA has enabled the beauty brand to improve efficiencies, adopt green energy supply, and redesign product formulas. To achieve its expanded SBWA targets, the company needs to secure the support of all employees and convince them sustainability is at the core of the company mission. According to Palt, to ensure success, the program should have support and leadership from top management. L’Oreal CEO Jean-Paul Agon has been the leader of the company’s sustainability initiatives. Also, L’Oreal has linked the bonuses of brand managers and country managers to their performance versus environmental targets.
"An inside look at L'Oreal's sustainability makeover", Business Green, May 06, 2016
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United States Department of Agriculture, April 18, 2016
MarketWatch, April 20, 2016
United States Environmental Protection Agency, April 25, 2016
Associated Press, April 25, 2016
Crain’s Chicago Business, April 27, 2016
S. C. Johnson, April 28, 2016
Orlando Sentinel, May 18, 2016
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