Plastic waste has become a pressing global issue, with millions of tons of plastic waste ending up in our oceans and landfills every year. To tackle this problem, governments around the world are introducing plastic packaging taxes as a policy tool to discourage the production and use of plastic packaging, especially ones made of virgin plastic.

If you are using or producing plastic packaging, it is important to know whether your company is affected by the legislation and how SAP can help.

What Are Plastic Packaging Taxes?

Plastic packaging taxes are taxes that are imposed on companies that produce or import plastic packaging. The aim of plastic packaging taxes is to encourage companies to reduce their use of plastic packaging and increase the use of more sustainable alternatives. Two countries, the UK and Spain, have already introduced plastic packaging taxes and others, such as Italy and Germany, have announced their plans to follow.

Why Are Plastic Packaging Taxes Becoming More Popular?

In Europe, one reason for the growing popularity of plastic packaging taxes is the introduction of a European Plastic Packaging Levy in 2021. This levy requires member states to pay €0.80 for each kilogram of plastic packaging waste that is not recycled in their country. Many countries are now considering passing on these costs to the industry through national plastic packaging taxes.

Globally, there are also events that indicate that more regulation is to be expected. For example, in March 2022, the United Nations Environment Assembly has agreed to launch negotiations on a legally binding global agreement to combat plastic pollution. For countries to comply with the legally binding provisions and obligations of this UN treaty, they will most likely strengthen their national laws regarding plastics.

What Makes the Administration of Plastic Packaging Taxes Complicated?

The details of the plastic packaging tax legislation vary from country to country, such as:

Which packaging types and levels are included in the tax?What is the taxable event, like imports, production, or distribution?What are the reporting obligations? What forms need to be filled and how often?What are the rules for recycled plastic content in packaging?Are there any exemptions for certain types of packaging, such as packaging used for human medicine or tertiary packaging?

The more countries introduce plastic packaging taxes, the more difficult it will be for global companies to keep track and be compliant. This is where SAP Responsible Design and Production comes in.

How Does SAP Support Customers in Plastic Packaging Tax Legislation Compliance?

SAP Responsible Design and Production is a cloud solution specifically designed to help SAP customers holistically manage packaging and regulatory risk across global markets and support the transition to a sustainable packaging portfolio.

Some capabilities of SAP Responsible Design and Production are:

SAP Responsible Design and Production is a cloud solution that is subscribed to via SAP Business Technology Platform (SAP BTP).SAP Responsible Design and Production has a unified data model. Packaging data, material master data, and transactional data can be replicated via a public API provided by the solution. Alternatively, or additionally, an Excel-upload is possible for all data objects.Plastic packaging tax reports and the underlying calculation logic is provided as content-as-a-service in SAP Responsible Design and Production. This means that reporting can be largely automated, in line with the latest regulations.Reports can be configured by organizational data filters; other configurations are not necessary as the calculation logic is strictly coded according to the regulatory requirements.Additional analysis capabilities are provided in SAP Responsible Design and Production for analyzing the packaging portfolio and the resulting fees and taxes.Calculated fees can be replicated back into SAP ERP Central Component or SAP S/4HANA as condition records, such as for use in invoicing.

The SAP solution can provide a number of powerful benefits for companies. By creating a single source of truth for packaging data, SAP Responsible Design and Production helps eliminate repetitive, manual pre-reporting processes, such as data collection and cleansing. Furthermore, it can accurately calculate fees and taxes in line with the latest regulations, helping companies to reduce regulatory exposure. In addition to reporting to regulatory bodies, it can also enable reporting on various levels of granularity to non-governmental organizations, customers, and other brand-related communications. Finally, the solution can enable companies to analyze and keep track of their entire packaging portfolio, allowing them to track improvements and meet their sustainability commitments.

For more information and to learn how SAP Responsible Design and Production could work in your system environment, please contact circulareconomy@sap.com.

Originally published on HARMAN Sustainability Report

Product Sustainability

Beyond HARMAN’s organizational carbon footprint, we understand that product design and development choices also have environmental impacts. We are evaluating product-level improvements across the entire life cycle, including product packaging, transportation, use, and end-of-life options. We are fine-tuning our creation and delivery processes to reduce product-level emissions while continuing to excel in performance and quality, including calculating our Product Carbon Footprint according to international ISO standards in order to better understand where we can improve.

Sustainable Packaging

In 2021, we launched our sustainable packaging initiative, which introduced sustainable packaging guidelines for all new products. We started with the Consumer Audio Group. These guidelines include the avoidance of virgin plastic, whenever possible using FSC certified recycled paper packaging and printed with more environmentally friendly soy ink. HARMAN is also optimizing packaging to the size of the product. Right sized packaging will generate less waste and allow for more efficient shipping, which ultimately reduces fuel consumption and CO2 emissions. 

As we continue assessing near-term emissions reduction goals, we are investigating decarbonization opportunities within our supply chain. This year, HARMAN completed a scope 3 high level assessment using 2019 emissions data. This modeling project has helped us to better understand HARMAN’s impact beyond our own operations. It has also helped to identify emissions hot spots in our supply chain and provide a complete baseline for measuring the impact of supply chain decarbonization initiatives over time. Emissions reduction efforts within our supply chain will require strong supplier partnerships and large-scale innovation, some of which are already underway (see more in our section on “Collaboration”, pages 19-20). HARMAN Sustainability Report Our Company Environment Inspiring The Next Generation Our Employees Value Chain Engagement 6.

Product Life Cycle Analysis

Packaging is only one aspect of a product’s environmental impact. Measuring the impact of each stage in a product’s journey is known as a life cycle assessment (LCA). Through LCA analysis completed in 2021, we found roughly 80% of the carbon footprint associated with our JBL Charge 5 was driven by emissions from raw material extraction for plastic and metal components. We will continue efforts to integrate more sustainable materials into our product offerings, building off previous successes like the JBL Flip 5 Eco edition, HARMAN’s first portable Bluetooth speaker made from 90% recycled plastic. We recently launched GO3eco, Clip4ECO, Flip essential2 eco, HK Onyx Studio 8, all built with recycled materials and packed in a sustainable friendly way.

To learn more, download the HARMAN 2022 Sustainability report here

May 8, 2023 /3BL Media/ – ClearBridge Investments, a leading global equity manager with $151 billion in assets under management, released its sixth annual Stewardship Report for the 2022 year, detailing its approach to creating shareholder value through the incorporation of environmental, social and governance (ESG) factors into its investment process. ClearBridge has used ESG integration as a core part of its active management approach for more than 35 years.

“As stewards of client capital, our role is to communicate the fundamental and fiduciary drivers supporting our conviction in ESG integration. We believe in addressing the urgent sustainability challenges faced by investors and global society, seeking progress through improvements to our ESG practices and providing ongoing support to existing industrywide collaborations,” said Terrence Murphy, Chief Executive Officer.

Proxy Voting and Company Engagements

ClearBridge Investments uses its influence as a top 20 shareholder in more than 242 public companies to promote positive change through proxy voting, company engagements and thought leadership. In 2022, ClearBridge voted on 16,830 proposals at its portfolio companies, continuing its track record of casting 100% of its proxy votes. 

Over the past year, the firm also conducted more than 1,000 meetings with company decision makers to share expectations on ESG topics, inquire about ESG-related goals and set objectives for the future. ClearBridge’s top engagement theme in 2022 was climate-related issues, followed by disclosures, net zero, and diversity, equity and inclusion. ClearBridge also introduced an enhanced internal engagement initiative, Engage for Impact, aimed at encouraging more targeted engagements that have a greater likelihood of creating positive impact. 

“Engagements remain at the heart of our stewardship efforts, as the long-standing relationships we have cultivated with company managements help contribute to meaningful change across sectors and industries,” said Murphy. 

Commitment to Net Zero 

ClearBridge is a signatory to the Net Zero Asset Managers initiative (NZAM) and has committed to achieving net-zero emissions across all its investment portfolios by 2050. In 2022, the firm submitted its first net-zero emission reduction targets, which were accepted and published by NZAM, and the firm’s net-zero approach was selected as a case study by the United Nations-supported Principles for Responsible Investment (UN PRI). 

“Our case study outlines our forward-looking approach to verifying net-zero alignment that corresponds with our goal of identifying companies that will maintain shareholder value and be successful well into the future,” said Mary Jane McQuillen, Head of ESG and Portfolio Manager at ClearBridge Investments. “Assessing how companies will remain competitive and resilient amid a net-zero future is part of our fiduciary duty to our clients.” 

In measuring the alignment of the firm’s in-scope assets, ClearBridge found that 43% of applicable assets were net-zero aligned, representing a 7% increase from the firm’s baseline and 3% over its target net-zero pathway. 

The firm continued its practice of publishing a standalone Climate Report aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework, describing ClearBridge’s approach to integrating climate-related risks and opportunities in its investment process. ClearBridge also signed a joint investor statement calling on governments to make advancements on their collective response to the climate crisis, specifically around policy making, net-zero commitments and actions to strengthen national climate plans. 

Building a Diverse and Inclusive Culture

ClearBridge believes that diversity, equity and inclusion are essential to its success as an organization, as diversity allows for the exchange of differing perspectives, experience and ideas. The firm continued to increase the number of women and people of color among its workforce in 2022, with women and people of color representing 38% and 32% of its staff, respectively. ClearBridge will continue to promote a diverse and inclusive company culture through its pay equity, total award and talent management processes. 

Protecting Human Rights

In 2022, ClearBridge joined Advance, the UN PRI’s recently launched stewardship and collaborative engagement initiative for human rights and social issues. Advance is endorsed by over 200 investors with collectively more than $30 trillion in assets under management. As a collaborating investor, ClearBridge has committed to engaging a focus company within the metals and mining sector and will publish a detailed firmwide human rights policy in 2023. 

“Protecting human rights and advancing diversity, equity and inclusion are priorities that have informed much of the work we have done across public advocacy, individual company engagements and in our own recruiting and human development efforts at the firm,” added Murphy. 

The entire Stewardship Report can be found here

About ClearBridge Investments

With $151 billion in assets under management as of December 31, 2022, ClearBridge Investments is a leading global equity manager committed to delivering long-term results through authentic active management, offering investment solutions that emphasize differentiated, bottom-up stock selection to move clients forward. The firm integrates ESG considerations into its fundamental, bottom-up research and stock selection process across all strategies. Owned by Franklin Templeton, ClearBridge operates with investment independence from headquarters in New York and offices in Baltimore, Fort Lauderdale, London, San Mateo, and Sydney. 

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers boutique specialization on a global scale, bringing extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.4 trillion in assets under management as of March 31, 2023. For more information, please visit franklintempleton.com and follow us on LinkedInTwitter and Facebook.

PORTLAND, Ore., May 8, 2023 /3BL Media/ — KeyBank has named Angel Reyes as corporate responsibility officer for the Oregon/Southwest Washington and Idaho regions. In this position he will oversee KeyBank’s philanthropic budget and investment strategies to meet community needs, as well as create and maintain relationships with community-based, charitable and non-profit organizations. In addition, Reyes will oversee KeyBank’s Community Reinvestment Act (CRA) compliance goals throughout the region.

Most recently, Reyes served as a relationship manager for KeyBank’s Key@Work program where he worked with a wide range of small-to-medium sized commercial clients across various industries, honing his ability to scale tailored strategies to business clients of all sizes. He also took on a pivotal role as national chair for KeyBank’s Hispanic-Latinx Key Business Impact and Networking Group (HLKBING), which helps create an inclusive and stronger workplace for all.

That’s just one of the many ways Reyes shows his commitment to community service. He currently is a committee member for Columbia Gorge Community College and the Cinema Unbound Awards, a project of the Portland Art Museum/Center for an Untold Tomorrow and a board member for the Latino Network. Other organizations with which he has been affiliated include United Way, Columbia Center for The Arts, The Next Door, Hispanic Metropolitan Chamber of Commerce, Familias en Accion and LatinoBuilt.

“Angel’s deep dedication to a wide variety of community organizations make him an ideal fit for this position,” says Stacy Thompson, senior vice president, corporate responsibility and community engagement at KeyBank. “KeyBank is committed to corporate responsibility efforts as a logical extension of our core values of diversity, equity and inclusion, and I am thrilled to have Angel bring his significant expertise to lead and expand KeyBank’s robust community outreach efforts.”

Reyes earned a bachelor of business administration from Western Oregon University, a MBA from George Fox University and a certificate of diversity and inclusion from Cornell University.

About KeyCorp 
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $198 billion at March 31, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

Originally published on Tork News Center

World Hand Hygiene Day, celebrated on May 5th, is the annual call to action for healthcare workers to accelerate action on hand hygiene, led by the World Health Organization (WHO). Tork, Essity’s leading professional hygiene brand, is supporting these actions by adding to the Tork training portfolio. Following the success of the award winning Tork VR Clean Hands Training for hospitals, Tork is extending the program to help infection prevention in Long Term Care facilities.

As studies show, hand hygiene prevents up to 50%* of infections acquired during healthcare delivery, so it comes as no surprise that 8 out of 10** healthcare professionals want to further improve hand hygiene compliance in their facilities. The Tork VR Clean Hands Training for hospitals, and now for care homes, is available at no charge in multiple languages in desktop and VR formats. It further supports staff with training and guidelines that boost adherence in every critical moment.

Safe care starts with good hand hygiene practice

The Tork state-of-the art educational program provides an invaluable immersive learning experience for improved outcomes and behavioral change – helping to raise hygiene and health standards in hospitals, and now in Long Term Care environments. The new online and virtual reality training courses have been developed with world-leading hygiene experts, using the WHO My 4 Moments for Hand Hygiene in a residential home environment. The interactive simulation is specifically designed to make hand hygiene training more engaging and inspiring than ever before, while equipping Long Term Care staff with the day-to-day skills they need to secure hand hygiene at every moment.

“What I’ve been involved in creating with Essity has been exciting for me! To think that there can be an interactive, virtual reality game to engage people in performing hand hygiene appropriate to their settings, is definitely a step forward,” said world renowned expert in Hand hygiene Clair Kilpatrick.

“Don’t just play it once, I’ve played it many times. Using an informative and interactive game like this is one part in ensuring that proper hand hygiene is performed. So, take a moment, suspend reality, and enjoy learning. You will feel like you’re in your workplace and will be able to focus on how and when to take the right action. The game will help you and your colleagues, so enjoy the game and good luck.”

Secure hand hygiene at every moment

Beyond training alone, healthcare professionals must practice hand hygiene often and effectively to prevent the spread of infection and reduce transmission. Tork supports healthcare organizations with hand sanitizers made for critical, fast-paced environments, including the Tork Alcohol Hand Sanitizer. Tork also offers evidence-based dispenser placement guides based on WHO’s ‘my moments of hand hygiene’ built around four areas commonly found in healthcare facilities to support adherence. Research shows that hand hygiene dispensers have a significant impact on compliance rates, and a key to success is making sure they are correctly placed.

For more information:

Tork Healthcare Trainings — https://www.torkusa.com/healthcaretrainings

Tork Clean Hands Training for Care Homes — https://www.torkusa.com/hygiene/hygiene-training-and-education/all-courses/healthcare/clean-hands-training-care-homes/

World Hand Hygiene Day 2023 (who.int) — https://www.who.int/campaigns/world-hand-hygiene-day/2021

* WHO, World Hand Hygiene Day 2021, Facts and Figures 

** Survey amongst 1207 healthcare professional in five markets. US, UK, Sweden, Germany and Poland. The survey was conduction between 29th November to 7th December 2018 by United Minds on behalf of Tork and a collaboration with the panel provider UMT.

About Tork

The Tork brand offers professional hygiene products and services to customers worldwide ranging from restaurants and healthcare facilities to offices, schools and industries. Our products include dispensers, paper towels, toilet tissue, soap, napkins, wipers, but also software solutions for data-driven cleaning. Through expertise in hygiene, functional design and sustainability, Tork has become a market leader that supports customers to think ahead so they’re always ready for business. Tork is a global brand of Essity, and a committed partner to customers in over 110 countries. To keep up with the latest Tork news and innovations, please visit www.torkusa.com.

For more information, please contact:

Raquel M Carbonari 
Brand Activation Director NA 
raquel.carbonari@essity.com

There are four paths a package can take after serving its useful purpose: landfill/litter, composting, energy recovery/incineration, or recycling. While a recyclability claim is commonly associated with what makes a package sustainable, recycling is just one part of a complex ecosystem that depends on a variety of factors including geography, consumer behavior, collection processes, sorting processes, equipment, and profitability.

Packaging recyclability claims that are unsubstantiated or misleading create risk ranging from consumer complaints and negative social media chatter to class action lawsuits and fines from governmental organizations. They can also lead to a weakening of the recycling infrastructure, a circumstance the global circular economy simply can’t afford.

Getting recyclability claims right is easier than you think — but it pays to follow the rules. Here are some things you need to know:

Criteria for 100% Recyclable

To be considered 100% recyclable, SEE® (formerly Sealed Air) believes packaging material or solutions must meet this criteria:

1. Can be collected at curbside or drop-off by at least 60% of the population 

Whether it’s picked up at the curbside or taken by the consumer to a drop-off location, collection is the first step to recycling. Recycling systems vary greatly in terms of what they will take based on everything from the sorting equipment available at the material recovery facility (MRF) they work with, how much labor they are able to employ to pick up bins or sort by hand, and even the market price for bales of collected material to off-set the cost of sorting.

Most municipal recycling programs publish the types of materials they accept either as part of customer agreements, printed guides, or on their websites. Based on a variety of factors, these rules can change from time to time — restricted items may still leave the curb, but unknowingly to the consumer, it will end up in the landfill.

All this is to say, that regardless of the material type, it becomes the responsibility of the consumer to check the rules that govern the program in which they participate, as well as to follow guidelines provided by standardized labels such as How2Recycle in the U.S., On-Pack Recycling Labels in the U.K, or the Australasian Recycling Labels in Australia and New Zealand.

While similar to some degree, labels and rules vary around the world and aren’t always easy to understand at a glance. That’s a lot for consumers to keep up with — and it’s one of the biggest reasons we encounter aspirational recycling — when consumers knowingly put something in the bin they may be unsure about and simply hope it gets recycled.

2. Can be sorted by the material recovery facility to which it is sent

Now that most municipal recycling programs offer mixed-stream recycling where paper, glass, metals, and plastics are collected in one bin, MRFs take on the critical role of sorting before items can move on to the actual recycling process.

Because the volume of waste can be high and the time to sort is so short, most modern MRFs automate the sorting process as much as possible with high-speed conveyors and screens, optical sorters, and robotics.

While that’s great news for packaging made of paper, metal, or glass, the “need for speed” presents a particular challenge for plastic. Plastics that often look and weigh the same, may be constructed completed differently, so how they react during different stages of the sorting process will also vary.

To keep things simple and to protect the integrity of their recycling streams, most MRFs limit the types of plastic they accept, and only through improvement of the recycling infrastructure is that likely to change.

3. Can be recycled into a commercially viable product

Recycling is the process through which materials are returned to some type of useful, marketable material. While there can be many ways to accomplish this task, two are of the most relevance to packaging: mechanical recycling and advanced recycling.

Mechanical recycling refers to operations that use processes such as grinding, washing, separating, drying, granulating, and compounding as the means to create recycled materials. For plastics, while mechanical recycling preserves the molecular structure, in some cases the recycled material does not possess the same functional properties as the original.

This results in downcycling, or the need to use the recycled material in a different or lower-value application. Examples of downcycling include PET water bottles that are recycled into pellets used to make carpeting or synthetic fleece fibers; used printer or photocopy paper being recycled into corrugated cardboard; or glass containers that are recycled into fiberglass insulation or used as additives in concrete or ceramic tiles.

Where plastics are concerned, the highest volume of mechanically recycled packaging materials are standard formats such as PET bottles for water and soft drinks, and HDPE jugs for milk and juice. Beyond those applications, there is no standard for what type of resin can be used, so it becomes more challenging for recyclers to identify and separate plastics to keep recycling streams pure.

Maintaining the quality and integrity of recycling streams is critical to marketability and therefore profitability. Without market demand, reasonable margins, or affordable pricing for recycled materials and the applications that use them, the entire recycling system will fail.

Complexity of the Plastic Recycling Ecosystem

With a start as early as the 1960s, municipal recycling programs as we know them today didn’t really gain scale until the 1990s. During that same period, plastic packaging changed dramatically as well, moving from the easier-to-identify-and-recycle rigid plastics like PET(E) and HDPE to include a broad range of performance plastics such as flexible LDPE films, PVC, PP, or PS.

In 1988, about the time municipal recycling programs began to gain scale, the Plastics Industry Association (formerly Society of the Plastics Industry) developed resin identification codes (RIC) to “provide a consistent national system to facilitate recycling of post-consumer plastics.”

When first introduced, RIC symbols featured the universally recognized recycling symbol known as the “chasing arrows” to contain the resin type identification number. And, while those chasing arrows were intended only to facilitate the sorting process prior to recycling, the general public misinterpreted the symbols and began associating them directly with recyclability.

Currently, ASTM International maintains upkeep of the RIC graphic standards. While they officially replaced the chasing arrows with a solid triangle in 2013, following these standards remains voluntary, and use of the chasing arrows remains prevalent. For packaging in particular, keeping up with changing voluntary standards can be challenging — as the replacement of a die or injection mold is often determined to be cost prohibitive for such a small change.

Because RICs were never developed with brand owners or consumers in mind, claiming recyclability based on RIC alone is not enough. In today’s environment, regardless of the material type, it becomes the responsibility of the consumer to check the rules that govern the program in which they participate.

That’s why SEE® recommends use of standardized labels such as How2Recycle in the U.S., On-Pack Recycling Labels in the U.K, or the Australasian Recycling Labels in Australia and New Zealand.

And it’s also why SEE® takes the position that when it comes to recycling plastic packaging, the proper instruction to consumers always starts with “check locally.”

Innovation and Infrastructure

For more than 20 years until 2018, China accepted nearly half of the world’s recyclable waste, including 95% of the plastics collected in the E.U and 70% from the U.S. But when quality problems and contamination of their recycled materials caused a significant decline in market value, China instituted National Sword, a policy that banned the import of most plastics and other materials headed for their recycling processors.

Prior to 2018, as the use and development of flexible plastic packaging skyrocketed, governments worried little about the need to build their own infrastructure to recycle it. At the same time, most consumers had no idea that the materials they put out at the curb eventually went overseas.

The good news is countries and municipalities that may have once relied on exporting recyclables to China are now investing in and enhancing their own infrastructure. For example:

Research conducted by the Materials Recovery for the Future project in 2020 showed that state-of-the-art optical sorting and peripheral systems are significantly improving the capture rate and quality of recycled flexible plastic packaging.

Advanced recycling, also called chemical recycling, uses pyrolysis to create plastic with performance properties equal to virgin plastics that can be used for the same application from which they came — such as fresh food packaging.

Industry associations are conducting initiatives focused on improving the process of recycling PE films, recycling post-industrial food packaging, or using recycled plastic content in products like asphalt.

While these technologies are still in developmental stages, they are part of how SEE® and its related industries are working together to create more and better recycling solutions.

Why SEE® Calls It Recycle-Ready

SEE® defines recyclability as the likelihood that a material will be collected, recycled, and then made into a new, commercially viable product. Given the current state of the recycling ecosystem around the world that’s not as easy or straightforward as it should be.

The company understands that political climate, NGOs, or exchanges on social media often put pressure on an industry for change but SEE® won’t take short cuts that could put the progress it’s made at risk.

The term recyclable has criteria associated with it that SEE® observes to ensure the purity, quality, and market value of its recycling streams. And, while the company will continue to develop and introduce new products with recyclability in mind, it acknowledges the infrastructure may not be ready to accommodate these innovations just yet — so it sends them to market as recycle-ready.

As soon as these materials meet all criteria to be labeled 100% recyclable, SEE® will update the claim.

Originally published on SealedAir.com.

A new Sector Standard for mining from the Global Reporting Initiative (GRI) is under development, which aims to improve the quality of reporting over the sector’s impacts – with a public consultation on the proposed Standard closing at the end of April.  

As this exposure draft recognizes, mining firms can make significant contributions to economic development, especially in lower income nations, if impacts are diligently managed. Yet major environmental and human rights challenges raise questions over the sector’s social license to operate, with concerns over impacts due to the urgent need to secure minerals for the low-carbon transition. To overcome these issues and establish trust, mining companies are expected to identify and address their impacts, within their operations and supply chains, and be transparent about their progress. 

Here we will look at two topics at the top of the agenda for many organizations focused on driving sustainable development in the sector, and explicitly included among 25 likely material topics in the draft Standard. They were also spotlighted in the OECD Forum on Responsible Mineral Supply Chains at the end of April, where GRI  hosted a session.

Artisanal and small-scale mining (ASM)

ASM is usually informal in nature and is not regarded as a target user group for the future GRI Standard. Yet there are increasing expectations for larger companies to engage with and support legitimate ASM stakeholders. This can include joint efforts to advance ASM formalization, provision of technical assistance, as well as capacity building to prevent critical impacts, such as those related to use of cyanide and mercury, and child labor. 

Natalia Uribe, Standards and Assurance Manager with the Alliance for Responsible Mining, explained:

“The ASM sector represents around 50 million people in over 120 countries – a quarter of them women – generating livelihoods for the most vulnerable group in mineral supply chains. The existence of industrial mining and ASM in the same areas is a reality in many countries, with sometimes inequal access to mining titles. Fair models of coexistence between titleholders and ASM miners is a favorable outcome for both parties, to achieve lasting and fruitful relationships. 

For promoting transparency, accountability and dialogue, it is welcome that GRI’s draft Mining Standard includes consideration of ASM interactions. It is vital to put local development in the center, with the communities and territories respecting their autonomies, traditions, priorities and visions of development.

Having ASM as a likely material topic in the GRI Standard can be a starting point to create linkages with specialized ASM standards, such as CRAFT code and Fairmined Standard, which can serve as tools for companies and mineral supply chain actors to positively engage with ASM.”

Conflict affected and high-risk areas

Mining can often take place in areas where there is armed conflict or political instability, with higher instances of human rights abuses. In many cases, mining in such areas exacerbates existing tensions and contributes to the perpetuation of violent conflict. This is because access to natural resources can become a key factor in the conflict, with different groups vying for control over mines. Operating in or sourcing from these high-risk areas can also increase risks of forced labor, child labor, and other human rights violations.

Companies based in or supplying from conflict-affected or high-risk areas should take additional due diligence steps to ensure they are not involved with human rights abuses through their supply chains. Reflecting the broad concerns about mining in such areas, there are existing international frameworks that help companies identify and address negative impacts. Adherence with these guidelines to assess and respond to risks and set up strong management systems feature in the GRI Mining Standard exposure draft.

Anna Stancher, Senior Program Manager at the Responsible Business Alliance, which is behind the Responsible Minerals Initiative (RMI), shared:

“The last few years have seen mineral supply chains come into the spotlight for their role in the green energy transition and the production of critical raw materials. Policymakers, regulators, companies, civil society and investors are increasingly focused on the social and environmental impacts of mineral extraction, trading and processing. 

The expectation that companies conduct risk-based due diligence to prevent, mitigate and address significant adverse impacts, including human rights abuses and association with conflict, has long been formulated in globally recognized frameworks. The UN Guiding Principles on Business and Human Rights, the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, and industry standards such as the RMI’s Risk Readiness Assessment Criteria articulate due diligence best practices and the need for sustainability-related reporting. 

In this context, the availability of agreed-upon indicators, such as those proposed in GRI’s draft Sector Standard for mining has the potential to enhance quality and comparability of reporting, thereby establishing a level-playing field and supporting companies in their endeavors to identify and report meaningful data.” 

A public consultation on the exposure draft for the GRI Mining Sector Standard has now closed. All submitted responses will be considered before publication of the finalized Standard – which is expected in Q4 2023. 

International Girls in ICT Day is a global movement encouraging girls and young women to pursue science, technology, engineering, art and math (STEAM) education and careers.

Cisco hosts events through our Women Rock-IT program, which began in 2014 and has seen more than two million participants, with over half enrolling in one of our Cisco Networking Academy courses as a result.

Join us on April 27 to hear from women who are working on critical environmental issues like climate change and learn how developing digital skills now can help protect our planet!

This is a guest blog from Nicole Sturzenberger, the Fundraising Director at Work on Climate, a nonprofit building the workforce humanity needs to solve climate change equitably and justly. She has led development efforts within national and global nonprofits, the University of California, and the California Department of Food and Agriculture. After focusing the majority of her career on food systems and food waste, she made a slight pivot in 2021 to center on climate solutions in general, understanding that diversification is the best strategy for addressing our climate crisis. Nicole believes in the power of collective action and the relationships we build to create systemic change. She loves spending time outside with her sons, skiing, climbing, surfing, and gardening.

Rooted to the Earth

Growing up in rural Maine, I spent much of my childhood exploring the outdoors with my family — scrambling on rocks and exploring tidal pools on the coast, skiing, hiking, and swimming in the mountains. Being outside with friends and family was an integral part of how I grew up. These experiences instilled in me a true love for our Earth and the people on it, which is why I chose to focus my work on sustainability and climate solutions.

My passion for philanthropy was greatly influenced by my parents, both of whom worked in hospitals mainly helping underserved communities. They were my role models in turning to nonprofit work. I remember a specific moment when I was 12 years old and did “take your daughter to work day” with my dad, who was a physician at a hospital for military veterans. I was in awe of how he went above and beyond to help people. While I didn’t follow his path into medicine, I chose the nonprofit path, which is in line with the type of work that he did to help people and causes that don’t normally get prioritized.

I have focused the majority of my career on sustainable food systems and in recent years the power of food waste as a climate solution. While researching, I discovered the book Drawdown edited by Paul Hawken, which identifies 93 technologies and practices that dramatically reduce concentrations of greenhouse gasses in the atmosphere. Instead of getting depressed, I became inspired and excited for what humans could do with technology. I felt I had to pivot my career to focus on climate solutions in general. With the power of technology and community, we can come together to make a difference and solve the most pressing problem of our time.

Hope for the Future

This is why I still feel hope even after the release of the most recent report by the Intergovernmental Panel on Climate Change (IPCC). I see transitioning the global workforce into climate-related careers as the most impactful method to deploying a myriad of solutions to drastically cut greenhouse gasses.

Work on Climate, where I am the Director of Fundraising, is a nonprofit organization building the workforce needed to solve climate change equitably and justly. Our vision is one where climate work is no longer siloed among enthusiasts but becomes mainstream, with the entire global talent pipeline (schools, job boards, conferences etc.) giving hundreds of millions of workers the skills and direction to participate in building the new green economy. As a member of this network, I am part of a movement of professionals creating a talent ecosystem poised to address the urgent need for climate solutions, and this brings me hope.

Our mission began when our co-founders, Eugene and Cass, left their dream jobs at Google to pursue work that aligned with their values and concerns about the climate crisis. To guide their journey, they built a Slack community of similarly minded climate jobseekers and founders. After Eugene’s farewell message went viral, the community exploded. Clearly their experience resonated with others and suddenly, they were talking to hundreds of people saying, “I want to work on climate, but I don’t know where to start, or if I’m even needed.”

Building a Community to Address the Climate Crisis

We are now 20,000+ members strong, with people from all walks of life: from students to executives and artists to chemical engineers, spread all over the globe. Member experience is curated based on jobs, roles, topics, and geographies so users find the right information for their climate job needs. We also coordinate community events and mentorship programs, ensuring we are effective in helping members find climate work. We estimate that we have aided over 2,000 people find climate jobs and employees, start climate companies, meet mentors, investors, LPs, advisors, customers, and more. We have also helped countless others feel positively connected to peers experiencing similar climate anxiety.

However, helping a few thousand people will not deploy solutions at the scale we need. We need to make the entire talent ecosystem climate-ready, and our research shows that the current system is ill-equipped to prepare individuals for climate work at the necessary scale. We need a movement to make this happen.

The Work on Climate community represents the foundation of our movement. Through these relationships, we are building partnerships with organizations best fit to make large changes across industries: schools, job boards, government bodies, conferences, industry associations, and so on. These initial partnerships will create blueprints for ways in which other organizations can support the climate workforce. Our efforts also aim to eliminate silos by making the transition top of mind to both climate and mainstream workforce organizations.

And we have been successful!

With the help of our community members in our #topic-ai community, we partnered with Predictive Analytics World (PAW), a major machine learning conference, to run PAW Climate — a conference on the commercial applications of machine learning for climate solutions, thus bringing climate solutions to the attention of the mainstream machine learning workforce.With the help of our #role-student community, we are bringing a series of seminars with climate founders explaining their business models to UPenn business school students in partnership with Penn Climate Ventures.We completed a research project to understand the barriers for active climate jobseekers and are now conducting the next project, focused on understanding the barriers stopping the general population from becoming climate jobseekers, in partnership with Terra.do and PureSpectrum.

Work on Climate’s impact is not just measured by the number of individuals we have helped find climate work, but in the millions of people who will need to transition into climate-related careers to solve the climate crisis. By building a movement in the talent ecosystem, we aim to enlist the help of organizations that have the ability to reach more people. With this collective action, we can bring hundreds of millions of people into careers focused on inventing and deploying climate solutions in every industry.

I am inspired by the boundless potential of human ingenuity and the belief that we can solve the most pressing problems of our time. We are looking to make an impact that will help ensure a sustainable future for generations to come. If you share the passion for climate solutions and want to join Work on Climate in building a climate-ready talent ecosystem, we invite you to learn more about our work and to get involved. Together, we can make a difference.

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Gunter Pauli has published over 40 books, including his most famous – The Blue Economy. He is an economist, serial entrepreneur and founder of ZERI (Zero Emissions Research and Initiatives). Gunter was the first person to register ‘Zero Emissions’ as a trademark and recently won the 2021 Goi Peace Award for his contribution to society. Gunter continues to contribute by sharing different business models that aim to leave the world in a better place. His vision for the future of business is inspiring and challenges us to go one step further than current ‘sustainable’ models and practices.

In this episode, we chat with Gunter Pauli about the concepts contained in his pivotal ‘The Blue Economy’ book, which he originally published in 2010, that set out new business models that can work with nature to achieve better outcomes for the planet, for people and for companies’ bottom lines.

Today we refer to The Blue Economy as the sustainable use of ocean resources for economic growth, however, when Gunter wrote his book he was referring to an economy beyond what we call the Green Economy.

Gunter asks the question, how is it possible that the things that are good for us and the planet are expensive, whereas the things that are bad for us and the planet are cheap – as an economist, he points out that this is a broken system.

Here are a few things we discussed in this great chat;

The difference between the “Green Economy” and the “Blue Economy”Listen to Gunter’s story of how he started his own “green” business, which lead him to question what a sustainable business should really look like and the economy that needs to be created to ensure that something that is good for us, and the planet, isn’t the most expensive in the market.The need to change from competition on price, which leads to cutting corners, to competition on value which is a defining part of the Blue Economy.Concepts and business models within his two new books – Coffee Solutions and Plastic SolutionsWhy we need to focus more on physics rather than chemistryIndustry Symbiosis rebrand to the Circular Economy (the principles of which have been around for a while).Creating something out of nothingThe need to relearn what we are being taught at school and university especially, for those studying business, sciences and engineering.Where short term thinking gets us, you might be surprised to learn that our hand sanitisers have plastic in them, causing billions of micro plastics to pollute our water when we then wash our hands.The importance of multiple revenue streams, burn rate and return on investment when developing your business. Gunter suggests to forget using a spreadsheet, or Google or Wikipedia. If we’re using sources that are out there already then we aren’t able to think outside the box and take risks. He also recommends not building a business plan until you have your first sale.Listen to Gunter chat through multiple business models and their simple ingenuity to create value for both people and the planet.

Learn from sustainability experts from around the world via our podcast, The Green MBA, or follow us on Instagram or Linkedin for regular sustainability news and insights.

Water scarcity is no longer just a problem for developing countries in desert climes. As demand for water solutions grows, equity investors will find opportunities in companies that help quench the thirst of parched communities around the world with innovative solutions.

The world has a serious liquidity problem—and it isn’t on financial markets. About 2 billion people on the planet don’t have access to safe drinking water, while 3.6 billion lack access to safely managed sanitation, according to the World Bank. In recent years, severe water shortages have made global headlines, hitting a growing list of communities from Cape Town, South Africa, to Scottsdale, Arizona. Major infrastructure upgrades and products to alleviate water stress are badly needed.

Growing Thirst for Dwindling Supply

Climate change, population growth and urbanization are intensifying the challenges. “Gaps in access to water supply and sanitation, growing populations, more water-intensive patterns of growth, increasing rainfall variability, and pollution are combining in many places to make water one of the greatest risks to economic progress, poverty eradication and sustainable development,” the World Bank reports.

Across emerging markets, water scarcity is an ever-present scourge. In Somalia, a regional drought led to an estimated 43,000 deaths last year, according to the World Health Organization. In Argentina, a punishing drought is devastating economic growth, with the International Monetary Fund recently lowering its 2023 GDP growth estimate from 2.0% to 0.2%. In Asia, about 1 billion people and $2 trillion of GDP are in areas of high water stress.

In the US, the Colorado River is running at drastically low levels, threatening water supplies to millions of people. The residents of Rio Verde Foothills, Arizona, are a recent casualty of the parched Southwest, as the community was cut off from neighboring Scottsdale’s supply in January.

Businesses also need water. For example, producing semiconductor wafers is very water intensive. Intel’s construction of two semiconductor-manufacturing facilities in Arizona—not far from Rio Verde Foothills—will put even more pressure on dwindling supply.

Meanwhile, in Europe, a dry summer followed by a winter drought has depleted lakes and rivers. Low water levels throttled French nuclear power production (responsible for 70% of the country’s electricity) and Norwegian hydro power output (90% of its electricity). In Germany, the shallow Rhine is disrupting a key shipping route.

Super-Cycle in Water Solutions Spending Ahead

For decades, the world has dramatically underinvested in water infrastructure and technologies, contributing to water scarcity and quality challenges. Developed markets have aging and deteriorating pipeline systems, while emerging markets lack transportation and treatment systems. For example, in the US, annual spending on water infrastructure runs at around $50 billion, but the actual investment needed is north of $100 billion, according to studies by McKinsey and others—a massive gap.

Efforts are under way to close that gap. We believe that investments in water solutions are poised to accelerate substantially in the years ahead. This will be driven by a combination of government programs, increased private capital investment and new innovative technological solutions. US government stimulus for water investments includes $80 billion in the US Infrastructure Investment and Jobs Act of 2021, $20 billion in the Inflation Reduction Act and additional funds for water treatment and recycling in the CHIPS and Science Act.

Increasing government support can help address the relatively weak spending to date on pursuing United Nations (UN) Sustainable Development Goal (SDG) 6 (Display). While philanthropy and government spending are important for meeting the SDGs, we believe the private sector—and equity investors—must play a leading role.

Water solutions are needed to address both demand and supply issues. On the demand side, water metering, efficient irrigation systems and precision agriculture technologies can make use of existing water more efficient. On the supply side, wastewater treatment, leak detection and desalination can increase the availability of clean water.

Key Water Solutions: From Wastewater Treatment to Desalination

As changing rainfall patterns threaten fields, farmers need smarter agricultural irrigation machinery. Sprinkler and drip irrigation systems, used for sustaining crop growth and moisture, are benefiting from new technologies that reduce water wastage and improve productivity. With help from government subsidies, supportive policies and innovation, the market is forecast to post a compound annual growth rate (CAGR) of 9.5% through 2030, according to Mordor Intelligence, a market research firm. The US is the fastest-growing market for irrigation machinery. Lindsay, based in Omaha, Nebraska, sells an automated, more efficient irrigation system that saved customers more than 164 billion gallons of water in 2021.

Far from the fields that feed the planet, wastewater is another key component of water sustainability. It may sound repulsive to some, but treating and reusing wastewater—for agriculture, industry and nonpotable applications like street cleaning—is actually a massive opportunity. The UN estimates that 80% of the world’s wastewater isn’t reused, and in many emerging markets, it is released directly into the environment with devastating consequences.

Treating wastewater is a growing business. The global wastewater treatment–equipment market was worth $63.5 billion in 2022 and is projected to grow at a 4.5% CAGR rate through 2030, reports Grand View Research. Some countries are ahead of the curve, including Singapore, where recycled wastewater now supplies 40% of the country’s demand. Israel reuses 90% of its wastewater, meeting a quarter of the country’s water needs in a region that has no rainfall several months each year. Danaher, based in Washington, D.C., manufactures precision instrumentation and advanced purification technology to help analyze, treat and manage drinking water and wastewater treatment facilities.

Hotter deserts and more frequent droughts are diminishing fresh water sources. Desalination technologies are an effective way to boost supply, and they have become much more economic and less energy intensive, thanks to significant improvements in pressure exchangers and reverse osmosis filtration. Massive desalination plants are already common across the Middle East, and new, huge initiatives in countries like India offer hope for a thirsty populace. The desalination market, estimated to be worth $15.5 billion in 2022, is projected to grow by 9.4% annually through 2030.

Some diversified water companies address multiple issues. Xylem, based in Washington, D.C., provides equipment and services for transportation, treatment, testing, efficiency of use, reuse and desalination. With products that increase access to clean drinking water, reduce pollution and combat waterborne diseases, Xylem addresses key issues in both emerging and developed markets.

Keep the Taps Flowing for Growth Potential

What makes for an attractive water solutions company? Like in any industry, leading technology and products can help cement competitive advantages. Products must be extremely reliable, as drinking water, wastewater treatment and agricultural water are critical services, and product safety is paramount. Often, customers prefer to stick with technologies and products over the long term rather than switch providers for short-term cost benefits. As a result, solid business models require tight relationships with customers, from utilities to industrial companies to farmers.

Equity investors will find that water solutions offer attractive growth opportunities in an area that may be overshadowed by higher-profile climate-focused companies. But just like home plumbing is essential for modern life, companies that help keep the world’s taps flowing are integral for a more sustainable future. Investors who can find innovative providers of water solutions will be able to capture long-term growth potential that should withstand economic weakness, while addressing a fundamental problem facing humanity in developed and emerging countries alike.

The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams and are subject to revision over time.

References to specific securities are presented to illustrate the application of our investment philosophy only and are not to be considered recommendations by AB. The specific securities identified and described do not represent all of the securities purchased, sold or recommended for the portfolio, and it should not be assumed that investments in the securities identified were or will be profitable.

Learn more about AB’s approach to responsibility here.

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