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Google has pledged to run its operations entirely from carbon-free energy by 2030, while announcing that it has also eliminated its historic carbon footprint through the purchase of high-quality offset assets. The tech company intends to bring 5GW of carbon-free energy online in order to use renewable energy for all of its offices, campuses and data centres at all times by 2030, rather than purchasing renewable power to offset emissions.
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Marc Height
21.09.2020
Plant-based milk company Oatly has seen a backlash from activists and consumers over claims it is contributing to deforestation, after it sold a 10% stake for $200M to a consortium including private equity firm Blackstone in July. Blackstone holds investments in Brazilian infrastructure firm Hidrovias, which has been linked to deforestation in the Amazon rainforest.
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Katie Chan
14.09.2020
Amazon will enter the digital health sector with a wellness device called Halo, a smart wristband that uses artificial intelligence to track a variety of personal health measurements such as sleep activity, physical exercise and mood. Additionally, the wristband is capable of monitoring body fat percentage through 3D scans, as well as the emotional state of its owner through voice-tone detection technology.
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Katie Chan
07.09.2020
The newly created Coalition of Action on Food Waste will be joined by Kellogg's, Nestle, Sainsbury's, Tesco, and French cheese maker Bel Group, among others. Set up by the Consumer Goods Forum, the initiative features 14 retailers and food majors, all of which have committed to halving food waste within their operations by 2030 and adhering to United Nations’ (UN) Sustainable Development Goal 2 (Zero Hunger) which encompasses global food waste.
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Nick Jardine
31.08.2020
Fund manager Schroders will formally integrate flexible working into its ongoing policy. Reports suggest the company is the first major London-based financial services firm to do so. Schroders, which has £526B in assets under management, said its London HQ remained open throughout lockdown, although more than 99% of its workforce worked remotely during this period.
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Abir Qazilbash
24.08.2020
Respective shareholders have filed three lawsuits against Facebook, Qualcomm and Oracle, claiming the firms' executives are doing little to make their boards more diverse, despite public pledges to do so.
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Nick Finegold
17.08.2020
In the aftermath of reports on conditions in Boohoo's supply chain, asset managers with sustainable funds should stop clinging to pseudo-scientific ESG scoring systems in the face of common sense.
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Nick Finegold
10.08.2020
Ash from Drax’s UK power station has been used in the concrete structure of the £1.5B A14 Cambridge to Huntington road-building scheme. The use of power station ash in cement production has reduced energy consumption and prevented fresh aggregate from being mined.
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Nick Finegold
03.08.2020
Apple has pledged to expand its current carbon neutrality beyond its global corporate operations to the entire business, including the manufacturing supply chain, by 2030. The pledge covers all Apple products, as well as the energy used to manufacture and charge them.
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Nick Finegold
27.07.2020
Barcelona-based facial-recognition firm Herta has leveraged its technology to monitor compliance with coronavirus behavioural restrictions, earning it the European Commission's COVID-19 Response Seal of Excellence.
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Nick Finegold
20.07.2020
The environmental impact of e-commerce is facing renewed scrutiny with the proportion of shopping done online rocketing during COVID-19-imposed lockdowns.
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Nick Finegold
13.07.2020
French President Emmanuel Macron has pledged €15B in new funding to boost the country’s green economy. The announcement on 29 June came a day after the Greens experienced strong success in local elections, taking control of major cities including Bordeaux, Lyon and Strasbourg. Macron said he would speed up environmentally friendly policymaking and was open to calling a referendum next year on revising the constitution to include climate targets.
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Nick Finegold
06.07.2020
Unilever's revised climate goals are the most ambitious of any consumer goods firms in relation to emissions reduction and include plans to put labels on each of its 70,000 products detailing how much greenhouse gas was emitted during their manufacture and shipping.
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Nick Finegold
29.06.2020
The Black Lives Matter movement has pushed facial recognition technology into the spotlight once more, with privacy concerns being overshadowed by a remerged focus on its inherent bias. Nick Finegold, Founder & CEO of Curation explores the situation and the actions of tech giants.
Opinion by
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Nick Finegold
22.06.2020
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