What’s New: Nestlé has introduced a limited-edition, plant-based edible fork for Maggi cup noodles in India, developed with a local startup. This innovation is part of Nestlé’s broader commitment to reducing plastic use in packaging. Impact: Key Quotes: “At Nestlé, we continuously explore different types of alternative sustainable packaging solutions,”
The 2024 World Entrepreneurs Investment Forum adopted a declaration calling on the international community “to harness the power of entrepreneurship and innovation in pursuit of the [SDGs], with a strong emphasis on including women, youth, persons with disabilities and productive families in these efforts.” The 2024 World Entrepreneurship Investment Forum convened in Manama,
Key Impact Points: Antigua and Barbuda’s Prime Minister Gaston Browne delivered a compelling address at the SIDS Global Business Network Forum 2024, advocating for innovative public-private partnerships to drive sustainable economic growth in Small Island Developing States (SIDS). Browne highlighted the untapped potential of sports tourism and the orange economy,
Key Impact Points IFC and the Italian Climate Fund have announced a $210 million investment in Eni S.p.A.’s Kenya subsidiary. This investment will expand advanced biofuel production, supporting decarbonization and benefiting up to 200,000 small-scale Kenyan oilseed farmers. IFC will contribute $135 million, while the Italian Climate Fund will add
Global banks and financial institutions have an annual $44 billion revenue opportunity through 2030 from an increasingly pressing requirement for financing and investment in the low-carbon transition, Bain & Company research reveals today in a new analysis. Bain’s study highlights a $600 billion “addressable opportunity” for banks and other global financial institutions to fill a gap
By Christopher Daniel, Varad Pande, Rami Rafih, Makoto Morihara, Charmian Caines, and Tina Zuzek-Arden Key Takeaways Governments have two key strategies—evolving existing economic clusters to remain competitive and capitalizing on emerging opportunities—to help economic clusters rapidly adapt to the green transition. From the tech innovators of Silicon Valley to the leatherworkers of Tuscany and the textile
Our planet has been plagued by socio-economic instability, record temperatures and deepening inequalities, worsened by crises and emergencies. The world has witnessed a stagnation in progress on the 2030 Agenda for Sustainable Development, with only 15 per cent of targets set by the Sustainable Development Goals (SDGs) are on track
At the Clean Cooking Summit organized by the International Energy Agency (IEA), TotalEnergies announced its ambition of giving 100 million people in Africa and India access to clean cooking by 2030. TotalEnergies will therefore invest more than $400 million in the development of liquefied petroleum gas (LPG) for cooking. In
Broadening our ambition in greenhouse gas reduction Standard Chartered enhances net zero roadmap with commitment to deliver methane (CH4) emissions reduction target. A methane target aligns with Standard Chartered’s focus on reducing carbon dioxide-related (CO2) financed emissions and supports the companies ambition to be net zero by 2050. The Group has
By Sandra Ebbesen, Senior Manager at KPMG When it comes to ESG and the new requirements in the CRSD directive, it has become a bit like changing winter tires on your car – you have all the intentions of doing it in good time and yet you end up panicking and
