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- 08/21/18--04:30: _AccountAbility Rele...
- 08/21/18--04:40: _How the Team Member...
- 08/21/18--05:00: _Tackling the 1.6-Bi...
- 08/21/18--05:00: _BIER Member Spotlig...
- 08/21/18--05:10: _Middle School Educa...
- 08/21/18--05:25: _eBay Brings Akron’s...
- 08/21/18--06:10: _FCA Community: Brea...
- 08/21/18--06:30: _Ecocentricity Blog:...
- 08/21/18--07:05: _Farmers Focus on Ma...
- 08/21/18--08:25: _SpongeBob and NICKt...
- 08/22/18--03:30: _Circular Solution H...
- 08/22/18--03:55: _Robert F. Kennedy H...
- 08/22/18--04:05: _New Tactics to Meet...
- 08/22/18--04:05: _INFOGRAPHIC | How N...
- 08/22/18--04:20: _Pathway to 2030: Tr...
- 08/22/18--04:50: _Northern Trust's Co...
- 08/22/18--05:25: _Brands Taking Stand...
- 08/22/18--06:05: _Asian Supermarket L...
- 08/22/18--07:45: _Workplace Equality ...
- 08/22/18--08:15: _Does Wendy’s Offer ...
- Market-leading medical, dental and vision plans available to all eligible Team Members
- Company paid basic life and accidental death and dismemberment (AD&D) plans
- 401k plan with company match
- Company paid employee assistance program
- Discounted Legal program
- Free on-site workout facilities
- Two free meals per day, prepared by professional chefs
- Tuition reimbursement plan
- Professional, personal and developmental training programs through Sands Academy
- Company subsidized on-site and off-site daycare
- Paid time off
- Free employee parking
- IHG worldwide employee room discount benefit program
- 08/21/18--05:00: Tackling the 1.6-Billion-Ton Food Loss and Waste Crisis
- Awareness. There is poor visibility into the extent of food loss and waste at all stages in the value chain, from production to consumption. The lack of awareness is particularly acute among consumers but is also an issue among food service providers, restaurants, and hotels. Consumers, for example, have limited information to guide the selection of options that minimize food waste. Case in point: they often think that meats, fish, fruits, and vegetables are healthier when fresh than when frozen. In fact, the opposite is often true: frozen food products frequently retain more nutrients than unfrozen items, which can degrade during the shipping process. As a result, consumers continue to demand and purchase fresh items that are out of season in their area—and those purchases come with high transport costs and large amounts of waste. Furthermore, excess purchasing by consumers is encouraged by grocery promotions. This drives up food waste because consumers are often unable to consume all their purchases before they go bad. A major effort to increase awareness among all stakeholders is crucial—with particular emphasis on encouraging consumers to shift away from products that contribute to waste. Such action could reduce the problem by $260 billion annually.
- Supply Chain Infrastructure. The right infrastructure could go a long way in addressing food loss and waste, but too often it is lacking. Cold chain, for example, could significantly preserve and extend the life of products. But it is nonexistent in many emerging markets, creating food storage and transportation conditions early in the value chain that lead to large-scale food loss. Deploying more-advanced supply chain solutions—including cold chain in developing markets—could reduce the problem by $150 billion annually.
- Supply Chain Efficiency. Digital supply chain tools can allow better matching of supply and demand, make transactions in the supply chain more efficient and seamless, enable the tracking of loss and waste, and even allow for dynamic pricing, which can move products through the system before they expire. But companies have been slow to adopt these tools. In addition, processes and KPIs throughout the value chain are not typically designed to systematically identify and eliminate food loss and waste. Food makers’ efforts to improve productivity tend to focus on large levers, like equipment availability and speed on the manufacturing line, rather than on food loss, which often is harder to resolve and where improvements yield a smaller financial payoff. Widespread adoption of such processes and tools could reduce the problem by $120 billion annually.
- Collaboration. Lack of coordination among players across the value chain, particularly between raw material producers and processors, contributes significantly to inefficiency, loss, and waste. For example, in the absence of well-designed agreements with processors, farmers may harvest earlier than is optimal to relieve cash flow pressures—leading to a lower volume of lower quality crops. Improved coordination among producers and suppliers could reduce the problem by $60 billion annually.
- Policy Environment. Regulations, industry standards, and tax policy have generally not been put in place or designed with an eye toward minimizing food loss and waste and encouraging efficient repurposing. Disposing of food waste remains very cheap, and tax policy neither penalizes companies and consumers for the waste they create nor incentivizes them to reduce waste. At the same time, expiration dates are unnecessarily conservative, and cosmetic standards—for example, the size of blueberries appropriate for fresh sale—are arbitrarily restrictive in markets such as China. Standards for imported food differ significantly across countries, creating inefficiencies at the production step and making it difficult for producers to shift their exports in response to changes in demand. Regulations, taxes, and other policies that encourage more consistent repurposing (finding another valuable use for) and recycling (disposing of in a way that minimizes material sent to a landfill) of food into the highest value products possible could reduce the problem by $110 billion annually.
- Awareness. There are four major initiatives companies can take to increase awareness of both problems and solutions. First, they can work with farmers to improve harvesting techniques. CropLife International, a consortium of large life science companies such as BASF, Bayer, Syngenta, and Monsanto, has formed more than 300 public-private partnerships since 2005 to provide training to more than 3 million smallholder farmers and agricultural workers in more than 60 countries. The training helps those farmers and workers protect their crops against pests, diseases, and weeds, and reduce loss during and after harvest.
- Supply Chain Infrastructure. Companies can take three key initiatives in this area. First, and perhaps most relevant in developed markets, companies can invest in continually expanding and improving cold chain infrastructure. Global shipping company Maersk has equipped all of its 270,000 refrigerated containers with remote container management (RCM), which enables continuous recording and monitoring of the container’s location, temperature, humidity, and power status. The solution can significantly cut food spoilage by allowing Maersk and its customers to identify and fix any issues with the containers or plan for alternatives such as unloading containers earlier than scheduled.
- Supply Chain Efficiency. Transforming the supply chain will not only help slash food loss and waste; it will also improve operational efficiency and potentially reduce costs for companies. There are two primary areas for action.
- Collaboration. Better collaboration among companies across the value chain is critical to reducing food loss and waste. We have identified two levers in this area. First, a variety of players, including producers, processors, and governments, can join forces to develop more accurate supply and demand forecasting models. Public agencies, for example, can set up a data clearinghouse in which they collect, aggregate, and anonymize consumer demand forecasts from processors and retailers for a food item or product. That consolidated and sanitized data can be shared with farmers and other producers, who can adjust their product plans accordingly. Such initiatives have shown great results in certain markets, with overproduction in some cases cut to zero and no stockouts.
- Policy Environment. Finally, companies can and should become advocates for reducing food loss and waste. First, distributors and retailers can urge the adoption of industry standards, including the setting of clear date labels, such as “sell by,” “best by,” and “use by” dates. Companies such as General Mills and Nestle, USA are part of a new industry-wide effort launched by the largest grocery producers and retailers to standardize date-label wording on packages. The goal is to help reduce consumers’ confusion over these dates, which can result in unnecessary food waste.
- Choose where to play. Companies will typically have many opportunities to contribute to solutions, but they must focus their energy. They should first assess which of the 13 initiatives outlined above are the most relevant for the organization. Storage and transportation companies, for example, can play a big role in the development of cold chain in emerging markets, while processing companies may see major leverage in creating a digital supply chain or improving supply-demand forecasting. With those relevant areas identified, companies can further focus their efforts by determining where they have significant expertise, resources, and—most important—passion.
- Find the right partners. Once companies know where they want to act, they should look for partners that can accelerate their efforts. Partners can bring deep knowledge of the food loss problem, critical relationships in markets where action is required, and insight on innovative funding options, including blended financing arrangements involving the public sector or NGOs.
- Measure impact. Companies should set clear goals for their efforts and measure their impact in reducing food loss and waste. They should also track and measure the business benefits in terms of cost reduction or new revenue opportunities. And they should share those metrics both internally and externally. Many companies still struggle to measure their impact. But those who do will be able to build support for their efforts among employees, external groups, and potential partners.
- 08/21/18--05:00: BIER Member Spotlight: Julien Gervreau
- 08/21/18--05:25: eBay Brings Akron’s Innovative Entrepreneurs to New York City
- New Stand at Brookfield Place (230 Vesey Street, NYC) through August 24
- Monday-Friday: 8AM - 8PM
- Saturday: 10AM - 8PM
- Sunday: 12PM - 6PM
- New Stand at Union Square Subway Station (4 Union Sq. E, NYC) through August 15
- Monday-Friday: 8AM-8PM
- Saturday-Sunday: 10AM-6PM
- 08/21/18--06:10: FCA Community: Breathing New Life Into Toledo Neighborhood Parks
- 08/21/18--06:30: Ecocentricity Blog: The Devil Made Me Do It
- 08/21/18--07:05: Farmers Focus on Maximizing Soil Health
- 08/21/18--08:25: SpongeBob and NICKtern friends Make a Splash in LA Hospital Playroom
- 08/22/18--03:30: Circular Solution Helps Nestlé Save Water and Energy in Brazil
- Sonita Alizadeh (Afghanistan);
- Marian Wright Edelman (United States);
- Van Jones (United States);
- Wangari Maathai (Kenya);
- Frank Mugisha (Uganda);
- Marina Pisklakova (Russia);
- Kailash Satyarthi (India);
- Ka Hsaw Wa (Burma);
- Elie Wiesel (Romania); and
- Malala Yousafzai (Pakistan).
- 08/22/18--04:05: New Tactics to Meet 2020 Deforestation Goals
- Radical transparency: In February, Unilever was the first consumer goods company to publically disclose the palm oil mills and plantations from which it sources. Total transparency allows full accountability because the public can see all activity associated with Unilever’s palm supply chain.
- New land-based targets: Mars, Inc.’s Sustainable in a Generation Plan includes a goal to hold flat the total land area associated with its supply chain. This ambitious goal is built on the science of planetary boundaries. Per Mars’ website: “Science says no more than 15 percent of land globally should be cultivated for crops. Today, the planet is right on the cusp of this threshold with 13 percent of land being cultivated as of 2010.”
- Jurisdictional approaches: Companies such as Unilever, Marks & Spencer, Walmart, Olam, and Tesco have stated support for jurisdictional or landscape-scale approaches to deforestation reductions, reflecting a shift from a supply chain specific approach to deforestation to a more comprehensive, multi-stakeholder approach.
- Identify potential jurisdictions with which to engage, considering environmental performance.
- Engage in the multi-stakeholder process in these jurisdictions.
- Provide technical or financial support to on-the-ground projects that drive toward the broader jurisdiction’s goals.
- Commit to source from a jurisdiction aiming to meet sustainability goals as a way to send the signal that sustainable development goals can drive access to markets.
- Voice support for jurisdictional approaches in deforestation communications and policies.
- Helping employees support one another in their personal and professional growth
- Providing networking and mentoring opportunities
- Supplying assistance on branding strategy and business development across communities and demographic groups
- Serving as liaisons to prospective and existing clients
- 08/22/18--06:05: Asian Supermarket Lights Up with Energy Efficiency
- 08/22/18--07:45: Workplace Equality at PNC
- (dis)Ability awareness
- Inclusive language
- Inclusive onboarding
- LGBTQ inclusion
- Leveraging a diverse team
- Managing generational differences and
- Religious expression in the workplace
- 08/22/18--08:15: Does Wendy’s Offer a Scholarship?
- Have a cumulative high school GPA of a B (3.0) or better.
- Participate in at least one school-sponsored sport.
- Demonstrate leadership at your school and in your community.
- 90 scholarships of $500 are awarded to each male and female state winner.
- Eight (8) scholarships of $1,000 are awarded to four male and female national finalists.
- Two (2) scholarships of $5,000 are awarded to our male and female national winners. Plus, they’ll get some special recognition during the collegiate Heisman broadcast.
LONDON and NEW YORK, August 21, 2018 /3BL Media/ - AccountAbility is pleased to release a practical guidance document highlighting the key changes made to the AA1000 AccountAbility Principles (AA1000AP, 2018), as well as an overview of alignment with commonly used sustainability-related reporting standards and frameworks. The document serves to support both organisational users and assurance providers in effectively working with the AA1000AP (2018).
Improvements to the definitions and adherence criteria related to the Principles are detailed clearly, alongside an overview of all structural and visual enhancements. With these revisions, AccountAbility presents a robust set of Principles that we expect to stay relevant for users of all sizes, geographies and sectors, for a large part of the next decade.
The purpose of the AA1000 Principles is to set the foundation to support and guide an organisation’s sustainability management, performance and behaviour. The revision process reviewed the coherence of the Principles with a selection of widely used sustainability management and reporting standards and frameworks. The guidance document provides a summary of the positioning, complementarity and uniqueness of the AA1000AP (2018) in relation to the current sustainability framework landscape.
The AA1000AP (2018) – Key Changes and Bridge to Wider Reporting Frameworks document is available for download, free of charge here.
For enquiries on AccountAbility’s AA1000 Series of Standards, please write to: email@example.com
AccountAbility is a global consulting and sustainability standards firm that works with businesses, governments and multilateral organisations to advance responsible business practices and improve their long-term performance. Since 1995, AccountAbility has been supporting corporations, non-profits and governments in embedding ethical, environmental, social and governance accountability in their organisational DNA.
For more information, please visit www.accountability.org.
Tweet me:AccountAbility is pleased to release a practical guidance document highlighting the key changes in the #AA1000 AccountAbility Principles (2018) & an overview of alignment with sustainability-related reporting standards and frameworks. Download from https://bit.ly/2MI2sf1
SOURCE:Las Vegas Sands
Las Vegas Sands is the world’s leading global developer of Integrated Resorts, and was recently recognized in Forbes annual list of America’s Best Employers. As one of the nation’s most respected employers, our company is dedicated to its Team Members and providing a great working environment. In the US, we offer Team Members with opportunities to advance, a diverse and inclusive workplace, and outstanding benefits:
Before Philippa Fryman took on her role as vice president of Food and Beverage at The Venetian and The Palazzo, she joined the team in 2009 as the Butler Operations manager in Luxury Services. Overseeing a total of 60 Team Members, she quickly learned how inter-dependent various departments were and was introduced to the gaming industry. Fryman had a desire to broaden her knowledge and was ready to apply her skills on a larger scale: dealing with massive volume, cost control, and a much more diverse team of over 400 Team Members spread out over the casino, bars and lounges, pools, and theaters.
“What I enjoy most about my role is that there is never a dull day! Striving to be the market leader in Food and Beverage means we are in constant change, being creative, pushing the boundaries with all our concepts and offerings,” she said. “I am fortunate that my position means I interact with the entire property; I am out and about each day interacting with my Team Members and guests and other departments, tasting delicious food and ensuring our outlets are all delivering amazing experiences.”
Fryman is grateful to have a loyal and solid team and finds it very rewarding to have the opportunity to mentor and see her own management team develop. By devoting her overall efforts back into her team, she said it is her way of giving back for all of the opportunities the company has provided her.
“The culture here is what sets us apart,” Fryman said. “There is comradery, teamwork and a true sense of family. The company offers so much, and I have many Team Members in my division who have developed and taken on new roles after taking classes such as English as a second language, the Management development trainings provided through Sands Academy, and tuition reimbursement.”
Investing in Team Members’ personal and professional growth is the commitment the company has made in providing opportunities to advance in their hospitality careers. Through Sands Academy, Team Members are encouraged to take advantage of the classes, tools, coaching, and consulting to help their own development and their departments become more effective covering leadership, wellness, sustainability, language, and more.
“I truly believe that investing in those who show potential and a drive to be the best is the way to nurture a team that will makes us proud,” Fryman said.
To learn more about how Las Vegas Sands supports the professional growth of its Team Members, visit the company's website.
Tweet me:.@LasVegasSands has made a commitment to its Team Members’ personal and #professionalgrowth by providing opportunities to advance in their #hospitality careers. http://bit.ly/2LQberS #SandsCares
KEYWORDS: Las Vegas Sands, Sands Cares, professional development
By Esben Hegnsholt, Shalini Unnikrishnan, Matias Pollmann-Larsen, Bjorg Askelsdottir, and Marine Gerard
The scale of the problem is staggering. Each year, 1.6 billion tons of food worth about $1.2 trillion are lost or go to waste—one-third of the total amount of food produced globally.1 To put the figure in perspective, that is ten times the mass of the island of Manhattan. And the problem is only growing: BCG estimates that by 2030 annual food loss and waste will hit 2.1 billion tons worth $1.5 trillion.
Companies that play a major role in the food value chain in particular can be catalysts for change. Through our research, we have identified 13 concrete initiatives companies can take to address those five drivers and help slash the amount of food lost and wasted every year.
Food loss or waste occurs at all steps in the value chain—but it is most pronounced at the beginning (production) and at the end (consumption). (See Exhibit 1.) In developing countries, the problem is largely a function of the production and transportation of food from farms, while in developed countries it is most prevalent in the consumption phase, among both retailers and consumers. To understand the scale and scope of the problem, BCG created a food loss and waste model. (See “Quantifying the Food Waste Challenge.”) That work reveals a disturbing upward trend line: BCG projects the volume of food loss and waste will rise 1.9% annually from 2015 to 2030 while the dollar value will rise 1.8%.3 Food loss and waste are projected to increase in most regions around the world, with a significant spike in Asia in particular. For a clearer view of the forces at work, we dug into information from major food waste global initiatives. That research helped us identify five drivers of the problem: lack of awareness of the issue and of possible solutions, inadequate supply chain infrastructure, supply chain efficiency efforts that do not focus sufficiently on food loss and waste, weak collaboration across the value chain, and insufficient regulations. For each driver, we estimated the annual reduction in loss and waste that would be possible if all stakeholders—such as governments, NGOs, farmers, and companies—took action. (See Exhibit 2.) The estimates are based on currently available technologies and processes and reflect realistic progress in each driver, not complete elimination of the issue. Global, coordinated action to address all five drivers can slash the value of food lost and wasted every year by nearly $700 billion—just about delivering on the SDG target. That is a massive opportunity for society, one that should compel action. But if the size of the prize is clear, the task of delivering on that $700 billion opportunity is a complex one. Success demands commitment from and collaboration among numerous players. Government must support and in some cases subsidize opportunities to reduce food loss and waste and incentivize better repurposing. International bodies such as the World Trade Organization should work to improve rules surrounding the cross-border flow of food. Consumers must adopt practices that reduce waste. And companies need to step forward as leaders on the issue and implement strategies to reduce food loss and waste. HOW COMPANIES CAN COMBAT FOOD WASTE While all groups have a part to play in combating food loss and waste, the role of companies that operate in the food value chain is perhaps the most critical. These companies are involved in every part of the chain, from production through to consumption. As a result, their decisions and actions have an outsized impact. In addition, they have deep expertise and insight on the potential solutions—and the resources to invest in them. Finally, they have significant influence among all stakeholders, including farmers, consumers, and the public sector. We have identified 13 initiatives that companies can take—and that some are already taking—to address the five key drivers of food loss and waste at all steps in the value chain. (See Exhibit 3.) There are multiple actions in each of the 13 initiatives, resulting in a total of 70-plus concrete actions. Second, companies can design new (or revamp existing) products, packaging, and promotions and help change consumers’ behavior. There is already significant activity in this area. Marks & Spencer, for example, has introduced ethylene-absorbing strips into strawberry packaging, a feature that can extend shelf life by up to 50%. French supermarket chain Intermarché in 2014 launched its Inglorious Fruits and Vegetables campaign, which offers imperfect fruits and vegetables at a 30% discount. And Tesco has experimented with a Buy One Get One Free–Later program that allows customers to pick up their free product when they actually need it, cutting down on the temptation to stock up on discounted products that will go bad. We see the potential to create even greater change in consumers’ behavior. Fair trade campaigns, for example, have encouraged people to buy products that yield a livable wage for farmers. A push for a food waste reduction ecolabel could drive a similar change in behavior. Third, companies need to ensure that employees have the skills to manage inventory efficiently and properly repurpose and recycle waste. For instance, Sodexo and Ikea have partnered with food waste technology company LeanPath to implement a food waste tracking system in their food production operations. The system not only tracks and measures waste but also identifies the causes, including overproduction, trim waste, and spoilage. The goal is to raise food service employees’ awareness and change their behavior, using tools such as automatic goal setting and instant alerts. Fourth, companies can facilitate repurposing and recycling among consumers by, for instance, adding information to product packaging. Carrefour Taiwan is promoting awareness of the importance of using leftover food through its antiwaste restaurant, opened in 2016, which serves dishes made from unsold food items from distributors, wholesale partners, and its own stores. Second, in developing markets, companies can adapt technologies designed for large-scale commercial operations to smallholder farming operations. A prime example: public-private-social partnerships have developed low-cost, “pay as you store,” solar-powered refrigeration units to help farmers in regions like South Asia and East Africa aggregate, store, and preserve their production to avoid spoilage and enable sale when prices are more favorable. The Rockefeller Foundation is working with TechnoServe, private fruit and vegetable export company Meru Greens, and others to implement such units in Kenya. Third, companies along the value chain can improve how they repurpose and recycle unmarketable crops, byproducts, and food waste into donations or other products such as cosmetics, biofuels, and animal feed. This can involve either investing in infrastructure, technology, and equipment to repurpose on their own site or contracting with a third party for that service. Zembra Group, for example, is using innovative biorefining technology to transform crude olive mill waste—the material left over from the olive oil extraction process—into products that can be used in agriculture, cosmetics, construction, and other industries. Retailer Tesco, for its part, repurposes baked goods into animal feed, converts oil waste into biodiesels, and is piloting the use of the FoodCloud app in several countries to provide excess food supplies to charities. First, companies can increase the degree to which they source ingredients and inputs locally. This “localization” of the supply chain—which can require some adjustments in product ingredients and formulas—reduces the amount of time products are in transit and, thus, spoilage. For instance, PepsiCo’s global fruit and vegetable procurement team works with in-country procurement groups to identify opportunities to source ingredients locally. In many cases, this requires significant investments to provide local farmers with training and technical support. Second, companies can set KPIs related to food loss and waste, track performance against those metrics, and adapt their processes to improve performance. Food packaging and processing company Tetra Pak, for instance, has refined its powdered milk manufacturing technology to cut product loss by up to 30%, reduce energy and water consumption by up to 35%, and slash operational costs by up to 50%. Target and Whole Foods are also taking advantage of new automation and software capabilities to improve their supply chain processes. New tools allow both retailers to ship directly from the warehouse to the store floor and tailor deliveries and shelving to store layouts in a way that cuts down on the amount of perishables that go to waste. Meanwhile, General Mills, named a Food Loss and Waste 2030 Champion by the US Department of Agriculture and the Environmental Protection Agency, has committed to a target of sending zero waste to landfills from all of its production sites by 2025 and achieved that objective at seven (14%) of those sites by the end of May 2017. At the same time, the company has adopted new processes for converting food waste into biogas and electricity, significantly reducing food waste from its manufacturing plant in Murfreesboro, Tennessee. Second, producers, handlers, processors, and retailers can structure contracts and agreements in a way that reduces loss and waste. Buyers of food commodities, for example, can set prices and volumes in contracts that reduce the incentive for farmers to overproduce. For its part, Tesco guarantees suppliers such as agricultural companies, cooperatives, and farmers that it will purchase at least 80% of the orders that it places with them, reducing the need for farmers to either overproduce or underharvest. Second, companies can support and promote national and state regulations or taxes that encourage food donations and increase the costs associated with discarding food. France, for example, passed a law in 2016 banning grocery stores from throwing away edible food and establishing a fine of $4,500 for each violation. Companies that take action to reduce food loss and waste will do more than address a critical societal issue. They stand to reap significant business rewards. First, they will reduce costs in the supply chain by leveraging new technologies and improving process efficiencies. In fact, our TSI analysis found that companies that lead in reducing their environmental footprint tend to boast margins that are 3.3 percentage points higher than those of other companies. In addition, food loss and waste reduction efforts can unearth new revenue streams by transforming losses, byproducts, and waste into new products. And as more attention and resources are directed from government and other players to reduce food loss and waste, companies can partner with those groups. The insights and innovation that result can create a competitive advantage. There are also less tangible, but equally powerful, benefits. A focus on addressing the global food loss and waste problem will improve a company’s standing with a variety of stakeholders. This can include better working relationships with farmers who provide raw materials, stronger connections to consumers who value the company’s focus on societal issues, and an improved ability to attract and retain talent as people increasingly seek employers with a mission. Furthermore, when companies adopt new tools and more efficient processes to slash waste, they develop the expertise and capabilities of the workforce. TURNING COMMITMENT INTO ACTION For companies that are committed to playing a role in reducing food loss and waste, it is crucial to understand where to start. Three steps can build momentum: It will not be possible to solve the food loss and waste problem without the private sector’s leadership and action. If companies take aim at the problem, identify where they can deliver impact, and link up with partners in industry and the public sector, they will make a difference—both for their organization and for the world. ACKNOWLEDGMENTS The authors would like to thank Food Nation and State of Green for collaborating in the preparation of this article. Notes:
Food loss or waste occurs at all steps in the value chain—but it is most pronounced at the beginning (production) and at the end (consumption). (See Exhibit 1.) In developing countries, the problem is largely a function of the production and transportation of food from farms, while in developed countries it is most prevalent in the consumption phase, among both retailers and consumers.
To understand the scale and scope of the problem, BCG created a food loss and waste model. (See “Quantifying the Food Waste Challenge.”) That work reveals a disturbing upward trend line: BCG projects the volume of food loss and waste will rise 1.9% annually from 2015 to 2030 while the dollar value will rise 1.8%.3 Food loss and waste are projected to increase in most regions around the world, with a significant spike in Asia in particular.
For a clearer view of the forces at work, we dug into information from major food waste global initiatives. That research helped us identify five drivers of the problem: lack of awareness of the issue and of possible solutions, inadequate supply chain infrastructure, supply chain efficiency efforts that do not focus sufficiently on food loss and waste, weak collaboration across the value chain, and insufficient regulations. For each driver, we estimated the annual reduction in loss and waste that would be possible if all stakeholders—such as governments, NGOs, farmers, and companies—took action. (See Exhibit 2.) The estimates are based on currently available technologies and processes and reflect realistic progress in each driver, not complete elimination of the issue.
Global, coordinated action to address all five drivers can slash the value of food lost and wasted every year by nearly $700 billion—just about delivering on the SDG target. That is a massive opportunity for society, one that should compel action.
But if the size of the prize is clear, the task of delivering on that $700 billion opportunity is a complex one. Success demands commitment from and collaboration among numerous players. Government must support and in some cases subsidize opportunities to reduce food loss and waste and incentivize better repurposing. International bodies such as the World Trade Organization should work to improve rules surrounding the cross-border flow of food. Consumers must adopt practices that reduce waste. And companies need to step forward as leaders on the issue and implement strategies to reduce food loss and waste.
HOW COMPANIES CAN COMBAT FOOD WASTE
While all groups have a part to play in combating food loss and waste, the role of companies that operate in the food value chain is perhaps the most critical. These companies are involved in every part of the chain, from production through to consumption. As a result, their decisions and actions have an outsized impact. In addition, they have deep expertise and insight on the potential solutions—and the resources to invest in them. Finally, they have significant influence among all stakeholders, including farmers, consumers, and the public sector.
We have identified 13 initiatives that companies can take—and that some are already taking—to address the five key drivers of food loss and waste at all steps in the value chain. (See Exhibit 3.) There are multiple actions in each of the 13 initiatives, resulting in a total of 70-plus concrete actions.
Second, companies can design new (or revamp existing) products, packaging, and promotions and help change consumers’ behavior. There is already significant activity in this area. Marks & Spencer, for example, has introduced ethylene-absorbing strips into strawberry packaging, a feature that can extend shelf life by up to 50%. French supermarket chain Intermarché in 2014 launched its Inglorious Fruits and Vegetables campaign, which offers imperfect fruits and vegetables at a 30% discount. And Tesco has experimented with a Buy One Get One Free–Later program that allows customers to pick up their free product when they actually need it, cutting down on the temptation to stock up on discounted products that will go bad. We see the potential to create even greater change in consumers’ behavior. Fair trade campaigns, for example, have encouraged people to buy products that yield a livable wage for farmers. A push for a food waste reduction ecolabel could drive a similar change in behavior.
Third, companies need to ensure that employees have the skills to manage inventory efficiently and properly repurpose and recycle waste. For instance, Sodexo and Ikea have partnered with food waste technology company LeanPath to implement a food waste tracking system in their food production operations. The system not only tracks and measures waste but also identifies the causes, including overproduction, trim waste, and spoilage. The goal is to raise food service employees’ awareness and change their behavior, using tools such as automatic goal setting and instant alerts.
Fourth, companies can facilitate repurposing and recycling among consumers by, for instance, adding information to product packaging. Carrefour Taiwan is promoting awareness of the importance of using leftover food through its antiwaste restaurant, opened in 2016, which serves dishes made from unsold food items from distributors, wholesale partners, and its own stores.
Second, in developing markets, companies can adapt technologies designed for large-scale commercial operations to smallholder farming operations. A prime example: public-private-social partnerships have developed low-cost, “pay as you store,” solar-powered refrigeration units to help farmers in regions like South Asia and East Africa aggregate, store, and preserve their production to avoid spoilage and enable sale when prices are more favorable. The Rockefeller Foundation is working with TechnoServe, private fruit and vegetable export company Meru Greens, and others to implement such units in Kenya.
Third, companies along the value chain can improve how they repurpose and recycle unmarketable crops, byproducts, and food waste into donations or other products such as cosmetics, biofuels, and animal feed. This can involve either investing in infrastructure, technology, and equipment to repurpose on their own site or contracting with a third party for that service. Zembra Group, for example, is using innovative biorefining technology to transform crude olive mill waste—the material left over from the olive oil extraction process—into products that can be used in agriculture, cosmetics, construction, and other industries. Retailer Tesco, for its part, repurposes baked goods into animal feed, converts oil waste into biodiesels, and is piloting the use of the FoodCloud app in several countries to provide excess food supplies to charities.
First, companies can increase the degree to which they source ingredients and inputs locally. This “localization” of the supply chain—which can require some adjustments in product ingredients and formulas—reduces the amount of time products are in transit and, thus, spoilage. For instance, PepsiCo’s global fruit and vegetable procurement team works with in-country procurement groups to identify opportunities to source ingredients locally. In many cases, this requires significant investments to provide local farmers with training and technical support.
Second, companies can set KPIs related to food loss and waste, track performance against those metrics, and adapt their processes to improve performance. Food packaging and processing company Tetra Pak, for instance, has refined its powdered milk manufacturing technology to cut product loss by up to 30%, reduce energy and water consumption by up to 35%, and slash operational costs by up to 50%. Target and Whole Foods are also taking advantage of new automation and software capabilities to improve their supply chain processes. New tools allow both retailers to ship directly from the warehouse to the store floor and tailor deliveries and shelving to store layouts in a way that cuts down on the amount of perishables that go to waste. Meanwhile, General Mills, named a Food Loss and Waste 2030 Champion by the US Department of Agriculture and the Environmental Protection Agency, has committed to a target of sending zero waste to landfills from all of its production sites by 2025 and achieved that objective at seven (14%) of those sites by the end of May 2017. At the same time, the company has adopted new processes for converting food waste into biogas and electricity, significantly reducing food waste from its manufacturing plant in Murfreesboro, Tennessee.
Second, producers, handlers, processors, and retailers can structure contracts and agreements in a way that reduces loss and waste. Buyers of food commodities, for example, can set prices and volumes in contracts that reduce the incentive for farmers to overproduce. For its part, Tesco guarantees suppliers such as agricultural companies, cooperatives, and farmers that it will purchase at least 80% of the orders that it places with them, reducing the need for farmers to either overproduce or underharvest.
Second, companies can support and promote national and state regulations or taxes that encourage food donations and increase the costs associated with discarding food. France, for example, passed a law in 2016 banning grocery stores from throwing away edible food and establishing a fine of $4,500 for each violation.
Companies that take action to reduce food loss and waste will do more than address a critical societal issue. They stand to reap significant business rewards. First, they will reduce costs in the supply chain by leveraging new technologies and improving process efficiencies. In fact, our TSI analysis found that companies that lead in reducing their environmental footprint tend to boast margins that are 3.3 percentage points higher than those of other companies.
In addition, food loss and waste reduction efforts can unearth new revenue streams by transforming losses, byproducts, and waste into new products. And as more attention and resources are directed from government and other players to reduce food loss and waste, companies can partner with those groups. The insights and innovation that result can create a competitive advantage.
There are also less tangible, but equally powerful, benefits. A focus on addressing the global food loss and waste problem will improve a company’s standing with a variety of stakeholders. This can include better working relationships with farmers who provide raw materials, stronger connections to consumers who value the company’s focus on societal issues, and an improved ability to attract and retain talent as people increasingly seek employers with a mission. Furthermore, when companies adopt new tools and more efficient processes to slash waste, they develop the expertise and capabilities of the workforce.
TURNING COMMITMENT INTO ACTION
For companies that are committed to playing a role in reducing food loss and waste, it is crucial to understand where to start. Three steps can build momentum:
It will not be possible to solve the food loss and waste problem without the private sector’s leadership and action. If companies take aim at the problem, identify where they can deliver impact, and link up with partners in industry and the public sector, they will make a difference—both for their organization and for the world.
The authors would like to thank Food Nation and State of Green for collaborating in the preparation of this article.
3 In 2015 dollars.
KEYWORDS: Food Waste, food rescue, WASTE WATER, General Mills, NYSE:GIS
KEYWORDS: member spotlight, Beverage Industry Environmental Roundtable (BIER), beverage industry, sustainability
Through “Ignite My Future in School” Tata Consultancy Services and Discovery Education Deliver Job Readiness to Students and World-Class Professional Development for Educators at Belleville High School in Belleville, Michigan
BELLEVILLE, MI, August 21, 2018 /3BL Media/ – Tata Consultancy Services, (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, and Discovery Education, the leading provider of digital education content and professional development for K-12 classrooms, have announced the Michigan launch of their Ignite My Future in School (IMFIS) initiative.
The program will provide a select group of middle school educators from Southeast Michigan – including hosts Van Buren Public Schools and Saline Area Schools, as well as Plymouth-Canton Community Schools, Taylor School District, Evart Public Schools, Riverview Schools, Wayne-Westland School District, and Crestwood School District – with the opportunity to participate in Ignite My Future in School’s Day of Discovery at Belleville High School. During this day of professional development training, local educators will connect with TCS and Discovery Education’s curriculum experts to learn about the program, understand its purpose and develop innovative strategies for integrating these new resources into classroom instruction. Yesterday, Discovery Education and the Van Buren Public Schools launched a new partnership that will support the school system’s effort to build dynamic digital learning environments.
Much like critical thinking, computational thinking equips learners with essential skills for solving complex problems to find innovative solutions through skills such as collecting and analyzing data, modeling solutions, or applying algorithmic thinking. Ignite My Future in School combines the best of digital content, lesson plans, career vignettes, and professional learning to help teachers prepare their students for careers of the future. The initiative offers educators instructional resources and year-round curriculum support to ensure that computational thinking is embedded into core subjects such as math, sciences, arts, and social studies. This interdisciplinary approach helps students to obtain the necessary skills required for 21st century careers across all industries.
In [this video message], Michigan Senator Gary Peters congratulated TCS and Discovery on their IMFIS program stating, “Jobs of tomorrow will require an increasing level of digital skills. Technology plays a crucial role in our modern economy, a role that will only continue to grow in the coming years. Today, nearly 50 percent of jobs require digital skills, and by the end of the decade there will there will be more than one million new technology related jobs and we will not have enough highly skilled graduates to fill them. As Michigan leads the way in technological advances like self-driving cars, Artificial Intelligence, and even missions in space exploration, this incredible program will ensure that you can help prepare your students to play a central role.”
Yet, Michigan colleges only produced 1,793 computer science (CS) graduates in 2015, and this past school year, just 71 high schools in the state offered AP computer science courses. Ignite My Future in School hopes to bridge the gap by developing relevant skills for future job opportunities in the new digital economy, including Artificial Intelligence, machine learning and the Internet of Things (IoT).
“I would like to congratulate Tata Consultancy Services and Discovery Education on their collaborative efforts to create the ‘Ignite My Future in School’ initiative,” said Michigan Congresswoman Debbie Dingell. “The resources and programs that this initiative offers to the teachers and students will provide new learning opportunities to prepare our students for an ever-changing world.”
“Creating pathways for students to gain relevant job readiness skills is essential to their future success and the future of the nation,” said Balaji Ganapathy, Head of Workforce Effectiveness, TCS. “I applaud the various school districts in Southeast Michigan for being forward-thinking and committed to integrating computer science into core subjects. We are excited to work with each school system as they continue to give young people opportunities to succeed through education that is contextually aligned with the needs of growing industries in Michigan.”
On a national level, Ignite My Future in School has a goal of engaging 20,000 teachers and one million U.S. students by 2021. As a first step towards this objective, TCS and Discovery Education have partnered with U.S. school districts in the Washington, D.C. area, Georgia, New York, North Carolina, Pennsylvania, Texas, Michigan and Wisconsin as early adopters and launch sites of this transdisciplinary approach. Since launching in 2017, IMFIS has provided training materials valued at more than $2 million and engaged over 185,000 students and 3,300 educators in all 50 states. To learn more about Ignite My Future in School, go to www.ignitemyfutureinschool.org.
About Tata Consultancy Services Ltd (TCS):
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has more than 400,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at tcs.com.
About Discovery Education:
As the global leader in standards-based digital content for K-12 classrooms worldwide, Discovery Education is transforming teaching and learning with award-winning digital textbooks, multimedia content, professional learning, and the largest professional learning community of its kind. Serving 4.5 million educators and over 50 million students, Discovery Education’s services are available in approximately half of U.S. classrooms, 50 percent of all primary schools in the UK, and more than 50 countries around the globe. Inspired by the global media company Discovery, Inc., Discovery Education partners with districts, states, and like-minded organizations to captivate students, empower teachers, and transform classrooms with customized solutions that increase academic achievement. Explore the future of education at DiscoveryEducation.com. Stay connected with Discovery Education on Facebook, Twitter and Instagram @DiscoveryEd.
Ben Trounson, Tata Consultancy Services, firstname.lastname@example.org
Katie Pearson, Tata Consultancy Services, email@example.com
Charmion N. Kinder, Discovery Education, firstname.lastname@example.org
Tweet me:Through #IgniteMyFutureInSchool Tata Consultancy Services and @DiscoveryEd deliver job readiness to #students and world-class professional development for #educators at Michigan's Belleville High School http://bit.ly/2OWlpZ0 @TCS_NA
KEYWORDS: tata consultancy services (TCS), discovery education, Ignite My Future in School, Michigan, professional development, Senator Gary Peters
Shop original artwork, streetwear, homewares and more at the New Stand, a retail concept store, and support Akron small businesses.
This month, eBay takes over retail concept store, The New Stand, to bring a collection of new and unique items from Akron to the Big Apple. Earlier this year, the city of Akron, Ohio and eBay piloted Retail Revival - a first-of-its-kind mentorship program to support the growth of the city’s local businesses and provide the tools and resources they need to get their businesses up and running online. Some of the Akron businesses showcased at the New Stand locations include essential oils from Handkraffted, skateboard light fixtures from Whiskertin, original artwork from Art of Matt Miller and local-favorite craft sodas from NORKA Beverage Co.
New York City, Meet Akron
Once known as the rubber capital of the world, Akron is home to a burgeoning community of entrepreneurs who have been receiving ongoing training and resources from eBay to expand on the marketplace. Now halfway into the program and thousands of sales to more than 50 countries later, eBay is giving them a retail presence in the heart of New York City.
“We’re bringing the best of Akron’s entrepreneurs and artisans to New York City to help them expand their reach to new audiences,” said Chris Librie, head of Global Impact at eBay. “Through the power of eBay’s platform and shoppers in New York and beyond, we’re committed to making a positive impact on the growth of local retailers and their communities.”
Shop eBay at New Stand
For a limited time, shoppers can visit The New Stand - the modern newsstand - in Brookfield Place and the Union Square subway station to browse and buy a collection of made in Akron products. There’s something for everyone - from cruelty-free makeup to original streetwear, tiny arcade games, award-winning barbeque sauce, and much more.
Get a Taste of Akron
For shoppers who can’t make it to New Stand’s NYC locations, shoppers can experience a ‘Taste of Akron’ with the purchase of limited edition boxes at eBay.com/Akron. Each box includes fair-trade coffee beans from Sure House Coffee Roasting Company, hand-drawn cards from Five Blessings, sustainable fruit snacks from Peaceful Fruits, gaming devices that bring augmented reality to the palm of your hand from New Territory, and all-natural beeswax moisturizer from Akron Honey Company. Taste of Akron boxes retail for $35, with 100 percent of proceeds supporting The Well CDC – a community development organization committed to investing in the individual lives and social health of the neighborhoods of Akron.
In the coming months, eBay will expand Retail Revival to its second city - Lansing, MI - to partner with the city’s local retailers, and help them boost their reach and revenue. Shoppers can follow eBay Newsroom on Twitter to get the latest on when new items from Lansing businesses will be available on eBay.
To browse more made in Akron items spanning fashion, food, electronics, art, and more, visit eBay.com/Akron. To learn more about Retail Revival and eBay’s founding purpose of creating meaningful economic opportunity for all, visit here.
KEYWORDS: support small businesses, eBay, Akron, New York City, Retail Revival
SOURCE:FCA US LLC
To her, the parks are personal. She honed her basketball skills on the courts. Her family gathered at the picnic tables. She ran drills out in the grass fields.
Now, Rita Jackson, an FCA US employee at the Toledo Assembly Complex in Ohio, gives back to those community parks that molded her formative years.
“Our neighborhood parks needed more attention, and I knew I had to do something to help bring them back to life,” says Jackson.
She created IMPACT Toledo in 2015. Since then her non-profit organization has upgraded 50 parks in the Toledo area.
Her group, an acronym for Individuals Making Positive Actions Changing Tomorrow, revitalizes existing park features, from painting picnic tables to installing new nets in the basketball hoops to cleaning up debris, garbage and overgrown foliage.
This summer, she kicked off her IMPACT Summer Program, or ISP, where she invites neighborhood families to come out on a Sunday to enjoy their local park and soak in some family time. While there, the children read aloud, play vintage outdoor games, hear inspiring stories from local artists and leaders, learn about personal growth, plant flowers, enjoy snacks and spend quality time appreciating all that a well-kept local park can offer.
To learn more about IMPACT Toledo, visit her website at http://impacttoledoinc.org/.
About FCA Community Stories:
FCA Community explores the efforts of FCA US employees who see a need beyond the walls of their work sites and devote energy outside their daily job to be a source of comfort and a force for change.
Tweet me:.@FiatChrysler_NA employees are a force for change – both at work and at home. Watch as one FCA employee took her love for her local parks and turned it into a revitalization movement in our first installment of #FCACommunity: http://bit.ly/2Ppqlqb
KEYWORDS: NYSE:FCAU, FCA US LLC
Guest Blog by Jim Hartzfeld
SOURCE:Ray C. Anderson Foundation
Studies are accumulating that show that financial performance does not have to be sacrificed to create social good. A new crop of CEOs are passionately leading their companies in this new direction that seemed utter folly 25 years ago.
As business people, we all “know” that to provide for our families we sometimes have to do things that we don't think are 100% right to make money for the shareholders. It’s nobody’s fault. It’s just the way things work, right?
That’s the assumption that legendary early Interface employee, Graham “Scotty” Scott, threw on the table on September 1, 1994. The previous morning, Ray Anderson first shared his vision for a new Interface that would “do well by doing good,” a company that could thrive by winning over its customers by shifting from being the best carpet tile company “in” the world to being the best “for” the world. At the end of this small company meeting that lives in the lore of Interface, Scotty stood up and declared that Ray had just given him permission to make up for all those little compromises in his remaining years before retirement. He did with a vengeance.
In my last post, I shared that there are a number of emerging approaches to capitalism and business strategy that are challenging those assumptions, including Conscious Capitalism. Studies are accumulating that show that financial performance does not have to be sacrificed to create social good. A new crop of CEOs are passionately leading their companies in this new direction that seemed utter folly 25 years ago.
But what about those wolves at the door, the shareholders and private investors demanding immediate returns? Remember Gordon Gekko’s “Greed is Good” speech in the movie Wall Street and the Board of Directors quaking in their seats behind him on the stage? It’s easy to say, “The devil made me do it.”
This short-term, shareholder value focus continues to drive Wall Street, but new voices are emerging. For years SRI (Socially Responsible Investing) funds have been growing at a rapid rate in total assets under management. SRI funds, initially established to screen out industries such as weapons, tobacco, and now fossil fuels, give people the opportunity to invest in companies or funds that they feel are more aligned with their personal values. The potential of small reductions in returns have been widely accepted in this cause-driven market, but some say the gap has narrowed or disappeared. Impact Investing is a subset of SRI investing with an even greater emphasis on social benefit and less on financial return. The growth in SRI investing is good news, but maybe too little too late to turn the juggernaut of capitalism.
On the other hand, ESG (Environmental, Social and Governance) Investing is a related concept, but with vastly greater potential. An explosion of research firms is providing ESG ratings on the performance of thousands of companies, both for equity and debt markets. Analysts are beginning to see the correlations between a company’s ESG performance and their ability to navigate the risks and opportunities of our increasingly tumultuous world to continue to create value in the future. At the risk of over simplifying, SRI investing tends to be about sustainable values and ESG investing about sustaining value creation. In the long run, there is no difference, as incentives align.
According to a recent PWC report,
“A growing body of evidence shows that companies with strong ESG credentials outperform. In particular, studies show that companies focusing on the ESG indicators most financially relevant to their industry tend to perform well.”
Wait, what was that? Did one of the biggest accounting and auditing firms on the planet say companies that are greener and more socially responsible to an array of stakeholders can actually financially outperform others?
Yes, and that’s what some of the biggest institutional investing firms in the world are saying, too, and their voices have been getting louder every year. Just take a look at Larry Fink, BlackRock’s Chairman, and the letter he wrote to CEOs earlier this year.
In particular, the three biggest firms, BlackRock, Vanguard Group, and State Street Global Advisors, which combined have over $14 TRILLION in assets under management, are leading the boldest conversations about business purpose and ESG performance. For many publicly traded companies, funds managed by these three companies are among their top five shareholders, sometimes collectively owning more than 25% of their shares. That’s starting to get the attention of CEOs and CFOs.
Have these wolves of Wall Street lost their teeth and turned into sheep? Not at all. They are all about the money and compete ferociously to demonstrate how they can better manage the assets their clients have entrusted to them, most of which are invested for long-term goals such as retirement. They see it in the numbers.
They see the mounting consequences of a system with tunnel vision on quarterly profits and today’s share price. They are raising the alarm to “short-termism” that artificially boosts the appearance of immediate value at the expense of sustainable value creation. Just like the short-termism that causes a country to hollow out its infrastructure, they see leaders mortgaging the future by underinvesting in people, innovation and other assets to balance the books and win the next election, promotion or bonus.
This is the same short-termism that turns a blind eye to the negative externalities of agreements between buyers and sellers that exploit natural resources and people.
A better way is emerging and being noticed by consumers, investors, workers, and communities. It’s a possibility to align incentives and build trust like never before. The change is coming, but will it be fast enough? The answer will be determined by how we choose what we buy and where we work, live and invest. It’s up to us.
About Jim Hartzfeld:
Tweet me:In business, we all “know” that to provide for our families we sometimes have to do things that we don't think are 100% right to make money for the shareholders...It’s just the way things work, right? #Ecocentricity @Ecojim @johnalanierRCAF http://bit.ly/2MGiKoM
Ray C. Anderson Foundation
+1 (770) 317-5858
KEYWORDS: Ray C. Anderson Foundation, Ecocentricity, Jim Hartzfeld, InterFace, conscious capitalism
New partnership hosts free educational event in Cedar River Watershed
SOURCE:Hormel Foods Corporation
BLOOMING PRAIRIE, Minn., August 21, 2018 /3BL Media/ - Farmers in the Cedar River Watershed gathered last week and learned from local experts how maximizing soil health can economically benefit their operations while protecting water quality. The event was a free field day organized by a new public-private-nonprofit partnership.
The Cedar River Watershed Partnership organized the event for dozens of farmers in the watershed and surrounding region at the Krell farm near Blooming Prairie, the upper part of the Cedar River Watershed.
Aimed at increasing farmers’ knowledge of soil health practices, particularly tillage and cover crops, the field day focused on the costs and benefits of adopting different land-management practices that improve the soil, water and economic health of farms. Local agricultural retailer Central Farm Service (CFS) provided a field demonstration to showcase different tillage methods and the associated profitability, yield, and soil health. Keynote speakers included Bert Strayer, a cover crop expert with La Crosse Seed who shared his deep experience of integrating cover crops into a profitable farm management strategy, and Steve Lawler, a soil scientist with Mower County Soil & Water Conservation District (Mower SWCD) who demonstrated how healthy soil can help with water retention and mitigate intense rain events.
At this event, the partnership shared with farmers how to increase agricultural productivity and profit while also protecting and improving local water resources through a panel discussion moderated by Hormel Foods. Partners encouraged farmers in the watershed to contact and work with partners like CFS, the Mower SWCD, and Land O’Lakes SUSTAIN to pursue information, services and resources that help them adopt practices that are the most effective and practical for their operation.
Justin Krell farms in the Cedar River Watershed. He said this about why he opened up his farm to host the event, “As farmers, we have to take the opportunity to get involved and learn more every day. What I like about events like this is showing how different farming practices can coexist. You drive down the highway and you can see irrigators in fields that are also strip-tilled, you can see windmills turning and terraces, and you see a lot of growers side dressing corn now instead of putting all the nitrogen on up front. It’s important that we make ourselves aware of these practices.”
Members of the Cedar River Watershed Partnership include CFS, Hormel Foods, Land O’Lakes SUSTAIN, the Minnesota Agricultural Water Quality Certification Program, the Mower SWCD, and Environmental Initiative, a nonprofit that convenes and facilitates the Cedar River Watershed Partnership.
Ashley Schmeling, a Precision Ag Agronomist with CFS, said, “The Cedar River Watershed Partnership has created opportunities for CFS to bring new ideas and offerings to our producers. With this partnership we have developed a better understanding of how our producers can access resources and funding that will be beneficial to their operations. Without the partnership we would have missed out on some of these opportunities. We all have one goal in mind, which is leading our producers to success.”
Formed in 2017, the partnership is a first of its kind collaboration in Minnesota that aims to improve water quality and farmer profitability through the implementation of precision agricultural practices and conservation. Partnership members seek to address important water-resource challenges, such as flooding and sedimentation in the Cedar River Watershed in southern Minnesota.
One focus of the partnership is helping Cedar River Watershed farmers become certified through the Minnesota Agricultural Water Quality Certification Program (MAWQCP) at the Minnesota Department of Agriculture. This voluntary program rewards farmers for implementing practices that help improve water quality by offering technical and financial assistance and regulatory certainty for a 10-year period.
Fifteen farmers in the Cedar River Watershed are currently certified by MAWQCP, five of them through the activities of the Cedar River Watershed Partnership. Land O’Lakes SUSTAIN, in conjunction with CFS, is the first Minnesota private sector business to assist farmers in becoming certified in MAWQCP. Together, Land O’Lakes and CFS help farmers become certified in a variety of ways, including providing education, advising growers, harnessing existing data-collection capabilities, and helping farmers identify cost-share opportunities.
About the Cedar River Watershed Partners
Convened and managed by Minnesota nonprofit Environmental Initiative, the Cedar River Watershed Partnership is a collaboration of these partners.
Central Farm Service (CFS)
CFS is the leading full-service agricultural cooperative in the Cedar River area and the provider of precision agriculture service Central AdvantageGS. This service, and associated product NitrateNow, helps farmers understand their soil fertility, minimize the application of crop inputs, and improve yields. This approach applies the right amount of nutrients when and where the crops need it, which increases nutrient use efficiency, reduces potential loss into the watershed, and makes sure you are not paying for inputs that aren’t needed. Data is collected, analyzed, and compiled each year to improve the accuracy and effectiveness of recommendations. Over 250,000 acres and 250 operations in southern Minnesota are enrolled in Central AdvantageGS and NitrateNow.
Hormel Foods is a global branded food company. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly Guacamole®, Hormel® Black Label®, Columbus® and many more. Hormel Foods has been named one of the 100 Best Corporate Citizens by Corporate Responsibility Magazine for 10 consecutive years, and focuses its sustainability initiatives on five key areas: the environment, animal welfare, products, people and communities. In addition to its goal to reduce water use at its manufacturing facilities by 10 percent by 2020, Hormel Foods has further demonstrated its commitment to protecting natural resources by joining the Ceres and World Wildlife Fund’s AgWater Challenge, developing a sustainable agriculture policy, completing a high-level water risk assessment of its largest direct suppliers and participating in the Cedar River Watershed Partnership.
Land O’Lakes SUSTAIN™
Land O’Lakes SUSTAIN focuses on driving on-farm improvements, protecting natural resources and helping to ensure the health and productivity of every acre, for every farmer, season after season. Based on current farming practices and business goals, our retail agronomy team partners with farmers to identify additional approaches to increase productivity and profitability potential while also improving the quality of each farm’s soil, water and air resources. Join CFS and Land O’Lakes SUSTAIN to take advantage of this farmer-owned platform for driving, capturing and sharing practical and comprehensive sustainability practices.
Minnesota Agricultural Water Quality Certification Program (MAWQCP)
Designed to provide growers with personalized assistance to address potential risks to water quality on a site-specific basis, MAWQCP is a voluntary opportunity to obtain technical and financial assistance in implementing farmer-selected practices. The first step is to evaluate your farm for water quality risks, working locally with certification professionals at CFS, Land O’Lakes SUSTAIN, or Mower SWCD. Farmers who implement and maintain practices that mitigate water quality risks will be certified and deemed in compliance with any new water quality regulations for 10 years from the date of certification. Farmers seeking MAWQCP-certification receive exclusive access to dedicated pools of financial assistance from state and federal conservation programs. These include a special EQIP sign-up for MAWQCP applicants that pays at a higher rate than general EQIP, and a financial assistance grant from MDA for up to $5,000 to install conservation practices and offset management expenses.
Mower County Soil and Water Conservation District (Mower SWCD)
Mower SWCD is focused on helping farmers understand and implement new practices and improvements that mitigate erosion, improve soil health, and address water quantity and quality problems in the Cedar River Watershed. The SWCD can help you design and incorporate soil health and water quality practices (cover crops, conservation tillage, permanent vegetative cover, etc.) into your farming operation. Technical assistance is available for farmers, and the SWCD will help you access state and federal cost-share programs for the implementation of new practices. Mower SWCD is also a local partner of the Minnesota Agricultural Water Quality Certification Program and will help you evaluate the water quality risks on your farm.
KEYWORDS: NYSE:HRL, Hormel Foods, Cedar River Watershed Partnership, Central Farm Service, Land O’Lakes SUSTAIN™, Minnesota Agricultural Water Quality Certification Program, Mower County Soil and Water Conservation District, soil health
This semester, our Summer NICKterns took on what may have been the largest intern mural project to date. Our NICKterns partnered with the mega-talented Peter Bennett, Art Director on SpongeBob SquarePants, to create a SpongeBob-themed mural at County USC Hospital in Downtown Los Angeles. Using Peter’s design, the NICKterns aimed to create an underwater oasis for the playroom area in the hospital’s Pediatric Inpatient Unit. In just three short days, the interns were able to create a floor-to-ceiling rendition of Bikini Bottom for the hospital’s patients to enjoy themselves in.
This semester’s mural project was led by NICKterns Lindsay Anderson (Community Efforts), Michael Castellon (Social Media), Alexis Gossom (Franchise Properties), and Shaina Wottitz (Nick Jr. Development). A special shoutout to former NICKterns Emma Ayau (Production Coordinator, Glitch Techs) and Stephanie Pecina (Production Coordinator, Shimmer and Shine) for lending their artistic talents to help make the project such a success!
KEYWORDS: NASDAQ:VIA, Nickelodeon, Nickterns, Viacom, SpongeBob SquarePants, County USC Hospital
As the world’s largest food and beverage company, Nestlé is committed to preserving resources for future generations. It aims to do so by reducing water use across its operations, using sustainably managed and renewable resources, and achieving its goal of zero waste.
Ecolab’s Nalco Water business got in the mix when a Nestlé milk production plant in southeastern Brazil challenged its suppliers to develop improvement projects that would deliver energy savings and reduce water consumption and CO2 emissions. In particular, the plant was looking for an economically viable way to reuse the condensate organic water (COW) stream generated by powdered milk production.
The Nalco Water proposal was adopted and delivered sustainability savings within six months. Based on studies to identify potential uses for COW water recovery. A work plan was drawn up, leading to the recommendation that the COW water be used as cooling tower make-up.
The solution required a novel approach: creating and installing customized pretreatment and heat recovery systems along with Ecolab’s 3D TRASAR™ water monitoring and control technology. This had a considerable impact on the plant, reducing costs as well as water and energy use.
In the end, the plant saved 175,000 cubic meters of water, equivalent to the drinking water needs of 159,000 people, and avoided 496 metric tons of CO2 emissions – about as much as 22,000 trees absorb in a year.
To learn more about how Ecolab helps its customers save water, energy and cost, read our new Corporate Sustainability Report.
Tweet me:.@Ecolab's technologies and expertise helped one @Nestle plant in #Brazil save enough #water for 159K people’s annual drinking needs and as much #CO2 as 22K trees absorb in a year. https://bit.ly/2OTDk2m
Silver Spring, Md., Wednesday, August 22, 2018 /3BL Media/ – Robert F. Kennedy Human Rights (RFK Human Rights) and Discovery Education, the leading provider of digital content and professional development for K-12 classrooms, today announced Speak Truth To Power: Raising New Voices In Human Rights– a powerful new initiative to inspire global citizenry in students and teachers who stand ready to help prevent human rights abuses and violations. RFK Human Rights’ collaboration with Discovery Education will bring Speak Truth to Power to classrooms across the country with the goal of sparking a national dialogue about what it means to be a 21st century solution-seeker and human rights defender in our world today.
“Our partnership with Discovery Education will show students that they have a role to play in their classrooms, communities and our country addressing the most urgent issues of the day," said Kerry Kennedy, President of Robert F. Kennedy Human Rights. “Together we will strengthen the future of global leadership and inspire a new generation of human rights defenders to create a just and peaceful world.”
Speak Truth to Power offers immersive educational experiences and unique, multi-platform online learning tools, including: standards-aligned digital resources, video vignettes, biographies and thought-provoking classroom activities to help students further explore pathways to become champions of justice in their own communities. During the winter of 2018, the program will host RFK Human Rights Day, a virtual viewing event that will facilitate an intergenerational dialogue between human rights defenders at www.speaktruthtopowerinschool.com. This Virtual Field Trip will explore, through pointed conversations with experienced and emerging human rights defenders, the impacts of proven and effective organizing and communications tactics. The exchange will also uncover shared passions, challenges, fears and hopes these committed advocates have in the global struggle to protect and defend human rights.
“Robert F. Kennedy’s dream of a just and peaceful world continues to inspire individuals to improve society 50 years after his run for President and bringing together two organizations that are dedicated to equipping young leaders with the necessary tools for life, deepens our impact and inspires a society that advocates for human rights,” said President and CEO of Discovery Education Bill Goodwyn. “Discovery Education is honored to partner with Robert F. Kennedy Human Rights to bring educators and students the ‘Speak Truth to Power’ initiative. By leveraging innovative digital tools and one-of-a-kind experiences that breakdown the barriers separating students worldwide, we are helping develop a fearless generation of leaders possessing both the drive and talent to create lasting, positive change around the globe.”
Speak Truth To Power: Raising New Voices In Human Rights also features The Defenders: An Interactive Map, developed to inspire students to explore the stories of some of the world’s most influential human rights defenders. Current defenders include the following human rights activists and 10 new defenders will be added each year to continue to add depth and breadth to the program:
Speak Truth to Power as a will also help to expand the circle of human rights defenders through awareness, discourse and advocacy. “Exposing students to immersive Speak Truth to Power activities by leveraging step-by-step instruction students can follow to take on the causes important to them empowers me to have an open discussion with my students about constructive ways for them to raise their voices in human rights,” said Karen Wells, Midland High School educator, Midland School District, Pleasant Plains, Arkansas. “Today’s world has been transformed by the age of technology and 21st Century skill-building requires our efforts to be equally innovative. This initiative engages and empowers students, helping them to recognize and value their own power in making a difference.”
RFK Human Rights is a Washington, D.C.-based non-profit organization that engages with young leaders from around the globe. Founded by activist and attorney Kerry Kennedy, daughter of United States Attorney General Robert F. Kennedy, Jr., the organization has been a leading source of human rights education for young people worldwide. To date, the organization’s efforts have impacted an estimated 5.2 million students, teachers, community leaders and citizens. Twenty-eighteen marks 50 years since Robert F. Kennedy’s run for President, and this year, Robert F. Kennedy Human Rights will host their 50th Anniversary Ripple of Hope Awards Dinner. The event will celebrate Robert F. Kennedy’s legacy and honor leaders from the international business, public service, media, and activist communities who have demonstrated a commitment to social change. This year’s laureates include David Zaslav, President and CEO, Discovery, 44th President of the United States Barack Obama, New Jersey Governor Phil Murphy, and Bruce D. Broussard, CEO of Humana.
To learn more about Speak Truth To Power: Raising New Voices In Human Rights visit www.speaktruthtopowerinschool.com. For more information about Discovery Education’s digital content and professional development services, visit discoveryeducation.com. Stay connected with Discovery Education on Facebook, Twitter and Instagram @DiscoveryEd.
About Robert F. Kennedy Human Rights
Led by human rights activist and lawyer Kerry Kennedy, Robert F. Kennedy Human Rights has advocated for a more just and peaceful world since 1968. We work alongside local activists to ensure lasting positive change in governments and corporations. Whether in the United States or abroad, our programs have pursued justice through strategic litigation on key human rights issues, educated millions of children in human rights advocacy and fostered a social good approach to business and investment.
About Discovery Education
As the global leader in standards-based digital content for K-12 classrooms worldwide, Discovery Education is transforming teaching and learning with award-winning digital textbooks, multimedia content, professional learning, and the largest professional learning community of its kind. Serving 4.5 million educators and over 50 million students, Discovery Education’s services are available in approximately half of U.S. classrooms, 50 percent of all primary schools in the UK, and more than 50 countries around the globe. Inspired by the global media company Discovery, Inc., Discovery Education partners with districts, states, and like-minded organizations to captivate students, empower teachers, and transform classrooms with customized solutions that increase academic achievement. Explore the future of education at DiscoveryEducation.com.
Charmion N. Kinder, Discovery Education
Max Burnes, RFK Human Rights
Tweet me:#SpeakTruthToPower isn’t just about human rights. The program, launched today by @RFKHumanRights and @DiscoveryEd aims to inspire students to explore and pursue human rights activism. Teach each and every student to Become a Defender. http://bit.ly/2LmXNKU
KEYWORDS: discovery education, Robert F. Kennedy Human Rights, Speak Truth To Power, Raising New Voices in Human Rights
Over the last 15 years, an impressive number of companies have set ambitious forest targets in their supply chains. As of September 2017, more than 470 companies in the food and agriculture sector have pledged to eliminate deforestation from their supply chains. The Consumer Goods Forum – a group of 400 global companies with over $3.1 trillion in assets – for example, pledged to achieve zero net deforestation by 2020.
So, as 2020 approaches, what new theories of victory will companies need to utilize in order to meet their 2020 sustainability targets and ensure that forest loss halts for good? To answer this question, leading companies, have begun exploring and implementing innovative ideas to drive deforestation reduction. These new tactics include:
EDF believes that the last tactic – jurisdictional approaches – is a game changer for companies striving to meet 2020 deforestation goals. Through the jurisdictional approach, governments and companies, alongside NGOs, local communities, producers, and other stakeholders work together to promote sustainable development across an entire landscape. Governments, intent on increasing agricultural production while keeping forests standing, develop ambitious plans and policies to conserve forests that can complement the deforestation mitigation efforts of companies. In turn, companies aiming to achieve their sustainability targets can help create viable growth opportunities for the region by participating in the jurisdictional process, providing technical or financial support, or agreeing to source from the region.
This leading jurisdictional approach aims to increase productivity across the state, all while maintaining native vegetation cover and reducing deforestation. The PCI’s ambitious goals add up to huge environmental benefits – over six gigatons of avoided emissions by 2030. Recognizing that meeting these aggressive goals requires a multi-stakeholder effort, the PCI brings together government agencies, civil society, producer groups and companies to achieve its goals.
As more jurisdictional approaches like the PCI are developed and implemented, greater corporate involvement will be essential. Here are five ways companies can engage in jurisdictional approaches:
As companies continue to think about how they can meet 2020 forest goals, EDF encourages companies to expand the arsenal of tactics they use. By engaging in cross-sectoral jurisdictional approaches, companies can drive landscape-wide forest protection and provide proof of concept for a viable deforestation reduction approach.
Tweet me:3 new tactics companies can use to meet 2020 #deforestation goals 1) radical transparency @Unilever 2) new land-based targets like @MarsGlobal 3) the #jurisdictionalapproach which Unilever @marksandspencer @Walmart @Olam & @tesconews support! via @EDFbiz http://bit.ly/2wbVxkX
KEYWORDS: Unilever, Deforestation Goals, EDF+Business, Walmart
The Sustainable Development Goals (SDGs) are a global set of goals, targets and indicators that United Nations member states, and increasingly businesses, are expected to use to frame agendas and policies surrounding development. The global community has given itself until 2030 to achieve the UN’s 17 Sustainable Development Goals, which will require a significant contribution from the private sector and collaboration across industries.
Our core business and corporate strategy and vision directly align with two of the goals, 7 and 13. The table below illustrates the various ways our activities align with these goals.
KEYWORDS: NRG Energy, sustainability strategy, Sustainability Report, climate change
In contrast to the electricity and heat sectors, emissions from transportation are effectively unchanged since 1990. Vehicle electrification provides a promising pathway, as cost and performance of the underlying battery technology has seen step-change improvements in recent years. The automotive industry is responding with scores of plug-in vehicle models arriving in the showrooms of most every manufacturer in the next few years. The good news is that, even with the current power generation mix in the Northeast, replacing a passenger car with an electric version reduces its carbon footprint on the order of 50%. This only improves as the grid becomes cleaner.
Achieving the 2030 target implies realizing a steep climb to nearly 10 million electric passenger cars and light trucks (known as light-duty vehicles or LDV), which is equivalent to 50% electrification by 2030. This penetration far exceeds adoption forecasts, and effectively requires 100% electric vehicle (EV) sales of LDV by 2028. Tapping opportunities to transition medium- and heavy-duty vehicles to lower-carbon alternatives will also be crucial, for example electric school and city bus fleets.
In the Pathway, annual electric use from all EVs will reach 8% of total electricity demand by 2030, significant but manageable. Maximizing the utilization of existing grids and keeping them in balance as more renewable generation gets added to the mix will be crucial to ensuring a cost-effective transition to an electrified transportation fleet. For example, a modernized and digitized network can support intelligent management of EV charging so that it doesn’t overload the grid. Making electric rates more dynamic and transparent will facilitate this intelligent charging, and will increase savings for consumers opting to drive electric.
To see the full version of National Grid’s Northeast 80x50 Pathway, please visit http://bit.ly/80x2050.
About National Grid
National Grid (LSE: NG; NYSE: NGG) is an electricity, natural gas, and clean energy delivery company that supplies the energy for more than 20 million people through its networks in New York, Massachusetts, and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.
National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Read more about the innovative projects happening across our footprint in The Democratization of Energy, an eBook written by National Grid’s US president, Dean Seavers.
CONTACT: Media Relations – 781-907-3980
Tweet me:In the Pathway, annual electric use from all EVs will reach 8% of total #electricity demand by 2030, significant but manageable http://bit.ly/2AtwPRm learn more about @nationalgridus #80x50Pathway #sustainability #EV's
KEYWORDS: electric vehicles, National Grid, sustainability, 80x50 pathway, transportation
Business Resource Councils
Northern Trust believes in fostering an inclusive environment where our employees’ unique mix of attributes and diversity of perspectives can serve as catalysts for innovation. To help ensure our commitments to diversity, inclusion and innovation are embedded in the fabric of our company, Northern Trust sponsors 11 business resource councils (BRCs). These councils are employeeinitiated, governed and led, and are open to all Northern Trust employees around the globe who share an affinity for the strategic mission of the group.
Northern Trust’s BRCs help foster a culture of inclusion by:
The BRCs also play a vital role in the recruitment, retention and development of a globally diverse workforce and serve as an advocate on behalf of their constituencies, further enabling Northern Trust to be an employer of choice.
KEYWORDS: Northern Trust, Business Resource Councils, Innovation, inclusion, csr
THE BIG STORY
PepsiCo’s purchase of SodaStream for $3.2 billion is the latest example of how cause-driven changes in taste and attitudes are disrupting the food and beverage sector. Consumers, especially millennials, are choosing smaller, newer food and drink brands marketed as more natural, healthier, and/or more local over traditional, bigger brands. These disruptor companies also tend to include eco-friendly factors— such as their environmental footprint and sustainable supply chains — in their practices and missions.
Legacy companies have noticed. “The big things are declining. The smaller things are growing,” Anheuser-Busch InBev CEO Carlos Brito has told investors. The response from global food and beverage companies has been to acquire healthier brands to reposition their offerings as more health conscious, often complete with environmental side benefits. These brands tend to be newer companies with innovative products that locked-in on the cause-related consumer attitudes prevalent in today’s marketplace.
SodaStream — ironically, a venerable brand with a soda water history that tracks back to 1903 when it was founded in Britain — was re-positioned as a healthier choice after being acquired by an Israeli company in 1996; it took off around 2010. Its purchase by PepsiCo comes with another cause-related bonus: A way to address the issue of proliferating single-use plastic bottles that have clogged landfills and littered landscapes. SodaStream CEO Daniel Birnbaum told Fortune that his company plays into the current “mega-trend” of consumers looking for ways to reduce their carbon footprint. The SodaStream machine adds carbon dioxide to reusable bottles that consumers fill with tap water.
PepsiCo notes that the acquisition fits well with its Performance with Purpose initiative, which focuses on health and wellness through environmentally friendly and cost-effective beverage offerings.
The company has previously acquired small, more nutritious brands like Sabra, which produces hummus and other Mediterranean foods, Kevitakombucha, and Naked juice. It has also developed recipes that are lower in salt and fat, and has experimented with non-sugar sweeteners. Last week, the company announced the creation of a new division, The Hive, to focus on developing new, emerging brands. The unit will focus on smaller brands that already exist within the company, and also create new ones that trade on contemporary trends. CEO Indra Nooyi called The Hive “a small, entrepreneurial sort of agile group.” Pepsi’s plans call for sales growth of its healthier products to outgrow traditional snacks by 2025.
PepsiCo’s shift is a major effort at re-tooling a global multi-national corporation while it’s still operating in its traditional mode—and within a hyper-competitive retail sector. It’s a bit like doing open heart surgery on someone walking down the street. But considering the rapidly changing landscape in the food and beverage industry, PepsiCo and its competitors really have no choice - and in this case, the acquisition of SodaStream should prove to be a nimble decision.
This strategic re-set is taking place throughout the industry, with “healthier” and “eco-friendly”—preferably both—as guiding goals. Coca-Cola has bought a minority stake in BodyArmor, a sports drink backed by basketball star Kobe Bryant, to challenge Pepsi’s Gatorade, which has 75% of the current market. “BodyArmor’s products use coconut water, have higher levels of potassium than its competitors and do not use artificial colors, and the company has marketed its products as healthier alternatives to Gatorade and Powerade,” reports Financial Times.
Anheuser-Busch InBev is launching a new accelerator to support start-ups working on solving climate challenges, reports BusinessGreen. The 100+ Accelerator will see the world’s biggest brewer invest up to $100,000 per company to deliver “breakthrough advancements” in areas such as green logistics, water scarcity, responsible sources and product upcycling. The program is set to run every year, as part of the firm’s pledge to solve 100 climate and environmental challenges by 2025.
Similar changes are in action on the food side. The Kraft Heinz Company has committed to ensuring all its packaging is recyclable, reusable, or compostable by 2025 as it strives to become more circular reports edie.net. The company will “aggressively pursue” innovative alternatives to virgin plastics, which comes after it pledged to make its iconic Heinz Tomato Ketchup bottles “fully circular” by 2022. Kraft Heinz has also announced that it is on track to set an approved science-based target in the next two years. Kraft Heinz’ chief executive, Bernardo Hees, said. “Even though we don’t yet have all the answers, we owe it to current and future generations who call this planet home to find better packaging solutions and actively progress efforts to improve recycling rates.” And Tyson Food, known for its chicken, is moving to animal-free “meat” to become a “protein” vending company. It has invested in Future Meat Technologies, an Israeli startup developing “cultured meats” from cells in petri dishes. Tyson has also invested in Memphis Meats, a San Francisco company that is developing lab-grown beef, poultry and fish, and in Beyond Meat, the leading brand in plant-based protein products nationwide, reports Bloomberg. It has also appointed its first chief sustainability officer.
How these brands taking stands on nutritionally healthier and environmentally responsible strategies will earn out will be a much-watched scenario by all players in the food and beverage industry. Other sectors where traditional practices and strategies are being challenged by cause-driven factors — finance, transportation, energy — are also looking to these examples for lessons to be learned.
NEWS YOU CAN USE
Taking the Long View Promoted by Business Roundtable—and the White House
In June, JPMorgan Chase CEO Jamie Dimon and Berkshire Hathaway CEO Warren Buffett issued a call for a change in the traditional practice of quarterly reporting of earnings-per-share by publicly traded companies. In a WSJ op-ed, they argued that the four-times-a-year check-ins, mandated by the Securities and Exchange Commission to encourage transparency, and therefore confidence, among investors have instead created a too-strong focus on propping up short-term share price in place of strategic, long-range planning. “Together with Business Roundtable, an association of nearly 200 chief executive officers from major U.S. companies, we are encouraging all public companies to consider moving away from providing quarterly earnings-per-share guidance.”
Their bottom line is that short-termism is actually harming the economy. (The globally active executives may have been prompted by the example of the European Union, which abolished requirements that publicly listed companies file quarterly reports in 2013.) Now President Trump has asked the SEC to study whether moving the reporting needle to twice yearly for American corporations would allow cost savings and greater flexibility in long-term planning. Let the debates begin — and they have, both pro and con, throughout the financial industry. One intriguing outlier position is that of Bloomberg Opinion columnist Barry Ritholtz, who calls for dailyreporting of profits on the novel theory that “more frequent reporting makes the data less significant.”
Nabisco Frees “Barnum’s Animals” from Circus Cages After PETA Pressure
Since 1902, the Barnum's Animals Crackers made by Nabisco have been a much beloved snack. In all that time, the animals on its iconic box have been shown pictured behind the bars of a circus boxcar. Now, after concerns raised by the People for the Ethical Treatment of Animals, Mondelēz International, the parent company of Nabisco, has updated the box to show an African menagerie — lion, zebra, elephant, giraffe, and gorilla — roaming loose on open grassland. PETA, which has protested against the use of animals in circuses, wrote to Mondelēz, asking for a new design that showed freed animals. "When PETA reached out about Barnum's, we saw this as another great opportunity to continue to keep this brand modern and contemporary," said Jason Levine, Mondelēz's chief marketing officer for North America. The company is based in Illinois, which passed a statewide ban on circuses with elephants earlier this year. More than 80 U.S. cities have fully or partially banned circuses with wild animals, according to Animal Defenders International. The boxes have been redesigned before, for special editions, reports CBS News. In 1995, Nabisco offered an endangered species collection that raised money for the World Wildlife Fund, reports CBS News. In 1997, it offered a zoo collection to raise money for the American Zoo and Aquarium Association. And in 2010, it worked with designer Lilly Pulitzer on a pastel-colored box that raised money for tiger conservation.
Culture vs. Strategy: The Ongoing Debate
Since business began to be studied, a chicken-or-egg academic game has been to define whether a company’s strategy or its culture is the principal source of competitive advantage. Heidrick & Struggles, a worldwide executive search firm specializing in chief executive and senior level assignments, has weighed in with an answer by asking 11,000 executives for an opinion. Their definitive answer: Executives in higher positions voted for culture. Authors Karen West and Elliott Stixrud conclude, “As leaders rise higher they gain a more comprehensive view of the organization’s many moving parts and see culture as the means of aligning all those parts around strategy,”
Request for Your Views on Corporate Activism
3BL Media has partnered with independent research consultancy GlobeScan to conduct our first Brands Taking Stands survey. Help us understand how and when companies are speaking out publicly on the Big Issues of the day, and what we can expect to hear from businesses in the future. Survey findings will be revealed at the 3BL Forum: “Brands Taking Stands – The Long View” in Washington, D.C. on October 23-25.
Five tickets to the Brands Taking Stands Forum will be drawn from people who take part in the research. The survey closes on September 7 after which the drawing will take place.
“Among his many accomplishments as the UN Secretary-General from 1997 to 2006, Kofi Annan was also the founder of the world’s largest corporate sustainability initiative, the United Nations Global Compact.
As the world embarked on the new Millennium, Mr. Annan inspired the world’s top business leaders to join governments in lifting the poorest nations out of poverty by adopting a more responsible and sustainable approach to business.
In creating the UN Global Compact, Mr. Annan asked corporate leaders to publicly commit to Ten Principles based on UN agreements in the areas of human rights, labor, the environment and anti-corruption.
Some 18 years later, the concept of corporate sustainability is firmly established. More than 9,000 of the world’s leading private sector Chief Executives have joined the UN Global Compact and are driving new approaches to help achieve the Sustainable Development Goals.
As a result of Mr. Annan’s vision, the UN Global Compact is attracting new participants on a daily basis and providing corporate executives around the world with the inspiration and tools needed to drive a more sustainable and responsible business culture which can create prosperity while respecting people and the planet.”
—Lise Kingo, CEO & Executive Director, UN Global Compact
Source: 3BL Media
PEOPLE ON THE MOVE
Jeff Winton has been named SVP of public affairs by Alkermes, the Boston-based drug maker that focuses on treatments for central nervous systems disease and addiction treatment. Previously, Winton was SVP and chief communications officer at Astellas. Prior to Astellas, he was head of global communications at Eli Lilly. Earlier in his career, Winton worked in communications at Roche and at pharma companies that were later acquired by Pfizer and Merck, including Schering-Plough and Pharmacia.
Continue the important conversations on corporate responsibility long after 3BL Forum with the Brands Taking Stands newsletter. Written by veteran journalist, John Howell, this newsletter is published every Wednesday morning.
Tweet me:In @BrandsTkgStands newsletter: Learn about new #causedriven strategies upending the food/bev industry http://bit.ly/2LhcMG9 Plus: @PETA sets #animalcrackers free; @WarrenBuffett encourages #thelongview; take #BrandsTakingStands survey + enter to win tix to #3BLForum
KEYWORDS: Pepsico, SodaStream, animal crackers, Warren Buffett, tyson, Anheuser-Busch InBev, Brands Taking Stands, 3BL Forum, 3bl Media
SCE helps 99 Ranch Market save energy and costs through energy-efficient lighting and refrigeration equipment.
At 99 Ranch Market in Hacienda Heights, the brightly lit refrigerators display a line of unique Asian food items like durian and dumplings under new LED lights.
Shoppers no longer have to be bundled in warm clothing when browsing through the refrigerated aisles, said Christopher Connaughton, 99 Ranch Market’s procurement manager. Many of their open-front refrigerated display cases were replaced with energy-efficient enclosed cases this year.
“The LEDs provide brighter and more consistent lighting and the new doors on the refrigerators help to provide a more comfortable aisle temperature in our refrigerated and frozen sections of the store,” he said. “Customers will be able to enjoy a better overall shopping experience.”
For Connaughton, energy and cost savings is always top of mind. He purchases equipment for new store locations and remodels for the largest Asian-American supermarket chain in the country.
The first Tawa Supermarket store, parent company of 99 Ranch Market, was opened in Westminster’s Little Saigon neighborhood in 1984 by founder Roger H. Chen. The chain has grown to more than 50 stores, primarily in California and six other states.
When it was time to renovate the Hacienda Heights store, Connaughton worked with Southern California Edison to learn about potential energy and cost savings for lighting and refrigeration. He also had the opportunity to check out energy-efficient equipment at SCE’s Foodservice Technology Center in Irwindale.
Through its long partnership with SCE, 99 Ranch Market upgraded its light fixtures to new energy-efficient LED lights and improved its refrigeration systems by installing new energy-efficient racks, cases and doors in several of its regional stores in San Gabriel, Rancho Cucamonga, Rowland Heights, Alhambra and Hacienda Heights.
As of this year, the company is reducing its energy use by 411,000 kilowatt-hours annually, resulting in lower bills and energy savings. It has also seen more than $56,000 in savings through incentives.
“It seems the cost of equipment always goes up,” said Connaughton. “It is great to have a partner that is willing to provide and share information on new technologies and how the cost of these can be offset through utility rebates.”
“We’re doing a lot of different energy-efficiency projects with 99 Ranch Market and there could be potentially more in the future, including fast-charging electric vehicle charging stations,” said Chris Escanuelas, an account manager in SCE’s Business Customer Division.
Escanuelas encourages businesses to get in touch with their SCE account manager to get an energy audit and see if there are opportunities for energy savings. “Our field representatives can go out and take a look to see what type of opportunities and incentives we might have,” he said.
Earlier this year, 99 Ranch Market received the Energy Efficiency Participation Award at SCE's Asian American Pacific Islander Heritage Month celebration of Asian business and community partners.
“I care about energy efficiency because it is the right thing to do,” said Connaughton. “We are all part of a global community and every little bit we do to reduce our energy consumption and carbon footprint helps to reduce the strain on our environment.”
To learn more about energy savings for businesses, click here.
KEYWORDS: Edison International, SCE, 99 Ranch
From the 2017 CSR Report
SOURCE:PNC Financial Services Group
At PNC, we intentionally seek and develop top talent with varied experiences, skills and perspectives so that we can meet the needs of our growing and increasingly diverse customer base. At the same time, we foster a workplace culture where employees are engaged and feel valued and appreciated for who they are and what they do.
In 2017, PNC launched unconscious bias training for 625 of our most senior managers, as well as all recruiters. This training provides participants with the tools they need to identify the filters and biases through which they view and interpret themselves and others; recognize personal biases; examine the impact of biases on decision making; and determine how to navigate bias while making hiring and development decisions.
Our corporate values include a commitment to diversity and inclusion, and all employees are expected to conduct themselves in a way that respects and values our differences. PNC makes training, seminars and workshops available to all employees on the following topics:
View PNC’s 2017 Corporate Social Responsibility Report »
Tweet me:.@PNCBank's unconscious bias training is available for 625 of their most senior managers, as well as all recruiters http://bit.ly/2sA6f1Q providing the tools they need to identify the filters and biases through which they view and interpret themselves and others #CSR
The Answer? We Sure Do!
SOURCE:The Wendy's Company
by Bry Roth
We’re often asked if there’s a Wendy’s scholarship available to support students approaching college. With rising tuition rates, any amount of financial relief is helpful, and Wendy’s is proud to offer more than $60,000 of scholarship money to high school students graduating with the class of 2019.
Wendy’s High School Heisman scholarship is a joint program between Wendy’s and the Heisman Trophy Trust, host and custodians of the Heisman Memorial Trophy (yep, that Heisman). We celebrate the best and brightest male and female high school seniors from across the country.
So, no. This award isn’t to recognize the best high school football player, but we get it’s easy to think it is.
Do I Qualify for the Scholarship?
The qualifications to apply for the award are straight forward. We ask the following of 2019 grads:
How Do I Win the Award?
For your best shot of winning, we suggest you apply for the award. You should also read through the steps on our website first: www.wendyshighschoolheisman.com.
Where Do I Apply?
Glad you asked! You can apply on our website.
How Many Scholarships Does Wendy's Give?
Check out our former winners to see what they achieved to win the award.
When Should I Apply?
As soon as possible. The scholarship considers all the stats and cred you’ve racked up your freshman – junior years.
Unfortunately, year after year we see most students wait until the last week prior to the deadline to submit their application and then run into technical issues.
Have you ever tried parallel parking in a space that’s 16 feet long, but your car is 15 feet long? The days leading up to the application deadline are similar. We do our best to up the ante on our servers as we anticipate the mad rush, but if you’d like to get in without issue, and to save yourself a panic attack, apply now.
Note: we don’t want you to put your teacher through an all-night cram session either. There’s a role for them in this, too.
I’m Still Reading This Post, So Clearly, I'd Like the Wendy's High School Heisman History Lesson...
The Wendy’s High School Heisman Scholarship was created by Wendy’s founder Dave Thomas. Dave dropped out of high school when he was 15 years old to work full-time, yet he went on to become one of the most successful entrepreneurs in history.
While this nontraditional path led to his prosperity, it always worried Dave that others would expect to achieve similar fame and wealth by not finishing high school or attending college.
Faced with this dilemma, at 61 years old, Dave took the required classes to earn his General Equivalency Diploma (GED) and was honored at a ceremony at Coconut Creek High School in Ft. Lauderdale, FL. The senior class of 1993 embraced their honorary classmate by inviting Dave and his wife Lorraine to the senior prom and voting him “Most Likely to Succeed.” Inspired by his desire to celebrate the outstanding achievements of youth in America, he launched the Wendy’s High School Heisman program.
Twenty-five years later, Wendy’s has honored more than 600,000 of the nation’s most esteemed high school seniors who share Wendy’s values of giving back to their communities, treating people with respect, continuing education and excelling on the athletic field.
The Wendy's name and design and the Wendy's High School Heisman and design are trademarks of Quality Is Our Recipe, LLC. The Heisman Memorial Trophy, Heisman name and Heisman Trophy figure are registered trademarks of the Heisman Trophy Trust, used with permission.
Tweet me:Through its Heisman High School Scholarship, @Wendys is proud to offer more than $60,000 of #scholarship money to high school #students graduating with the #classof2019 http://bit.ly/2w6kopX @WendysHeisman
KEYWORDS: Wendys, Wendys High School Heisman Scholarship, High school students