The B Team’s Post

Sustainovation: Shaping the Future of Sustainable Business as We Prepare for #COP28 In June of this year, Ehfaaz hosted the first-of-its-kind #Sustainovation event, a private sector gathering tailored to the #FMCG sector. The event provided a unique opportunity to engage in thoughtful conversations, exchange #ideas, and foster #collaborations that will shape the future of #sustainability in our industry. We are proud to have brought together a distinguished group of #changemakers, including representatives from #FMCGs, governments, and NGOs. The event was a resounding success, and we were thrilled to see the level of engagement and enthusiasm from all attendees. One of the key #takeaways from the event was that #sustainovation is not just about doing the right thing for the #planet, it is also about doing the right thing for business. Companies that are able to #innovate and embrace #sustainable practices will be we'll-positioned to succeed in the future and play their part to achieve the goals set by #COP. Another key #takeaway was the importance of #collaboration. The #FMCG sector is complex and interconnected, so it is essential for companies to work together to address #sustainability challenges. As the #COP28UAE draws closer, the event served as a fantastic platform to #UniteActDeliver. We are grateful to all the speakers, sponsors, and attendees who made the #Sustainovation event a big #success! We hope to continue to build on this momentum in the lead-up to #COP28. Priya Sarma Guillaume Anres Kunal Gupta Gurumurthi Shankar Farzana Hussain Adèle Guidot Stephen Wilkinson Global Compact Network UAE Aliyu Mohammed Ali AARYA VALSARAJ Muhammad Danbappa L'Oréal Unilever Kitopi University of Wollongong in Dubai #Sustainovation #Sustainability #FMCG #Collaboration #Circulareconomy

📣🌱 This is our window to secure a #NaturePositive economy for all by 2030. With less than 100 days until the UN #COP16, we're pleased to support Business for Nature coalition's new business statement - outlining five high-level policy recommendations for governments to accelerate the implementation of the #BiodiversityPlan to drive corporate #Nature action. The statement, endorsed by 130 businesses and financial institutions with combined revenues of $1.1 trillion, calls on governments to adopt policies to: 🌎 Make sure business and finance protect nature and restore degraded ecosystems 🌎 Ensure sustainable resource use and management to reduce negative environmental impacts 🌎 Value and embed nature in decision-making and disclosure 🌎 Align all financial flows to transition to a nature-positive, net zero and equitable economy 🌎 Adopt or strengthen ambitious global agreements to address key nature loss challenges It’s time for governments to create an enabling regulatory framework and put nature at the heart of decision making. 🔗 Find out more: https://lnkd.in/dYcJkbA International Paper Danone Decathlon Unilever Nestlé Mahindra Group Suzano Salesforce L’OCCITANE Group ofi Safaricom PLC Inter IKEA Group Holcim H&M Group (Hennes & Mauritz AB) dsm-firmenich Kering Suzano Volvo Cars dentsu Legal & General Johnson Matthey Natura &Co Wipro WSP Givaudan Iberdrola Enel Group Schroders Sainsbury's Sumitomo Corporation Arup ERM Heidelberg Materials Inditex Novonesis Ørsted Poste Italiane Reckitt RWE SOK Enso Veolia

Looking forward to fostering dialogue with India’s leading sustainability leaders. This is a crucial time for us to unite, share ideas, and collaborate for a sustainable future. Let's leverage this summit as a platform to drive impactful change and ensure a greener, more sustainable India. #SustainabilitySummit2024 The Policy Times

All Sustainability Leaders in Canada, like BMO, CIBC, RBC, Scotiabank and others should help #smes better understand the impacts of #carboncredits and how they can take action towards a more sustainable future. SCA is opening the door to Sustainability Leaders to help their SME clients take the necessary steps to become more sustainable. Join the SCA Sustainability Challenge as an SCA Sustainability Leader today and start measuring your carbon footprint with SCA's CarbonCompass. https://lnkd.in/dAW_nW7i

In terms of sustainability...

In our latest Sustainability Leaders episode, Michael Torrance is joined by Tansy Stobart to discuss the voluntary carbon market, including some of the latest trends in what the future has in store. Listen Now: http://spr.ly/6043uwLnU

Interested in #carbonmarkets? Have 15 mins? I recorded a poscast episode about the state of the #voluntarycarbonmarket. Take a listen! BMO BMO Capital Markets BMO Radicle

In our latest Sustainability Leaders episode, Michael Torrance is joined by Tansy Stobart to discuss the voluntary carbon market, including some of the latest trends in what the future has in store. Listen Now: http://spr.ly/6040uwLZg

Let's discuss How SDG (Sustainable Development goals) promote business . Leveraging the Sustainable Development Goals (SDGs) as a framework offers companies numerous advantages. These include identifying new business prospects, enhancing corporate sustainability value, fostering stakeholder relations, stabilizing markets, and establishing a shared purpose. By aligning strategies with SDGs, companies can tap into emerging market opportunities, develop innovative solutions, and meet needs in underdeveloped economies. Integrating sustainability across the value chain not only boosts brand strength but also drives sales, operational efficiency, and employee loyalty. Strategic alignment with SDGs aids in prioritizing positive impacts while mitigating negative ones. Mapping SDGs against the value chain and setting measurable sustainability goals drive progress. Companies are encouraged to integrate sustainability across functions, establish clear communication channels, and adopt transparent reporting mechanisms. Embracing SDGs not only shapes sustainability reporting but also fosters a common language for businesses worldwide. The Sustainable Development Goals (SDGs) profoundly impact the global economy, particularly in the realm of food, beverages, and consumer goods, given their pivotal role in steering a sustainable future. These industries significantly contribute to society but also pose challenges: they account for a substantial portion of greenhouse gas emissions, water use, pollution, and labor issues. Retailers, acting as intermediaries between producers and consumers, hold a powerful position to enhance sustainability by influencing production and consumption practices through partnerships and direct engagement with consumers. Groups like the Consumer Goods Forum highlight how their efforts directly align with multiple SDGs, emphasizing commitments ranging from nutrition policies to combating climate change, deforestation, and reducing food waste. Collaborative initiatives, as outlined in the UNGC and KPMG's 'SGD Matrix,' focus on themes like enterprise development, sustainable supply, healthy living, and product innovation. These initiatives aim to foster inclusive business models, sustainable sourcing, and innovative solutions to tackle climate impacts, aligning with each of the 17 SDG goals. For instance, in addressing Goal 2 on ending hunger and promoting sustainable agriculture, strategies involve collaborating with farmers, leveraging mobile technology for market access, and adopting responsible land governance. Additionally, efforts to achieve Goal 12 on sustainable consumption and production patterns include reducing emissions, enhancing energy efficiency, minimizing packaging, and raising consumer awareness, showcased by companies like Heineken and The Lego Group in their sustainability targets and innovative recycling approaches throughout the supply chain. Dr Mandeep Mahendru #sdgs #sustainablebusiness #sdg2030

In our latest Sustainability Leaders episode, Michael Torrance is joined by Tansy Stobart to discuss the voluntary carbon market, including some of the latest trends in what the future has in store. Listen Now: http://spr.ly/6042uwLno