World’s biggest jeweler will only sell lab-grown diamonds
This week, the world’s biggest jeweler Pandora announced it will cease to sell all mined diamonds, and switch exclusively to selling lab-made diamonds, as the BBC reports.
Business
This archive collects stories about businesses making measurable progress on social, environmental, and economic challenges. From small enterprises to global companies, these 661 articles highlight what the private sector is doing right — and what’s possible when profit and purpose align.
Ugandan startup turns banana waste into eco-friendly products
The company turns banana tree pseudostems into long, leathery fibers that are hung to dry before being processed and turned into environmentally friendly products like carpets, textiles, and biodegradable hair extensions.
Honda aims for 100% EV sales by 2040, zero road fatalities by 2050
Honda’s new commitment to electrification was announced by CEO Toshihiro Mibe on Friday, and forms part of the company’s wider goal of achieving carbon neutrality across its entire operation by 2050.
Amazon, Unilever, and Nestlé join the U.K., U.S. and Norway in new $1 billion rainforest conservation initiative
During the international Climate Summit, three governments and nine giant corporations announced a groundbreaking coalition, called LEAF, which is mobilizing to raise at least $1 billion this year, alone, for large-scale forest protection and sustainable development.
Walmart commits to helping save pollinators by mandating change for supply chains
Walmart U.S. will source 100% of the fresh produce and floral items it sells in its in-store produce department from suppliers that adopt integrated pest management practices, as verified by a third party, by 2025.
300 business leaders ask Biden administration to double emissions cuts
“A bold 2030 target is needed to catalyze a zero-emissions future, spur a robust economic recovery, create millions of well-paying jobs, and allow the U.S. to “build back better” from the pandemic.”
Daimler Trucks North America begins accepting orders for all-electric freight trucks
Having demonstrated the concept, they will begin production of the trucks in 2022 and provide a “dedicated network of Freightliner dealers to support the end-to-end process of fleet electrification.”
World’s first hydrogen-powered cargo vessel to set sail this year
Developed by French shipowner Compagnie Fluvial Transport (CFT), the vessel will be the world’s first cargo ship to run on hydrogen and is set to be deployed on the river Seine in Paris.
Zimbabwean startup Kuva Local lets customers add a tree on checkout
Kuva Local is working with My Trees Trust Zimbabwe to plant indigenous trees across the country, creating much-needed green employment opportunities.
Lab-grown meat to become cheaper than conventional beef by 2030
A new report also shows that cultivated beef in 2030 will be about 90% more environmentally friendly than conventional beef, emitting 93% fewer greenhouse gases and using 95% less land for nutrient production.