Must read news from around the world
VT customers LG Electronics and Samsung join forces as founding members of circularity initiative
The Consumer Technology Association® (CTA) recently launched the Consumer Technology Circularity Initiative (CTCI), a groundbreaking and voluntary industry initiative to reduce waste, encourage more reuse and reduce climate impact by reducing disposal of consumer electronics. LG Electronics and Samsung were both founding members of this new initiative. LG's sustainability strategy includes expanding the use of recycled plastic in its products. Samsung aims for 50% recycled resin in plastic parts by 2030 and 100% by 2050. Another member, Panasonic has started to explore circular business models based on modular product design, subscription models, shared use, or refurbished consumer product sales.
Members are committed to innovative solutions to reduce the environmental impacts of materials used in consumer tech products and associated climate impacts, to help the circular economy become a reality.
The clean energy era
South-East Asia's wind and solar soars by 20% in a remarkable year, reveals latest report
In 2023, ASEAN's solar and wind capacity soared by 20%, edging closer to its ambitious 35% renewable energy target by 2025. With plans to nearly double capacity in the next two years, the region is on the brink of a transformative energy shift. However, challenges like rapid economic growth, fossil fuel dependency, and regulatory hurdles persist. Dive into the full article to explore how ASEAN navigates these obstacles and strives to reshape its energy landscape.
Getting started on Scope 3 emissions
Business are under increasing pressure from customers, investors, lenders, insurers, and regulators to measure Scope 3, set targets, take credible action to decarbonize their value chain, and disclose progress. Scope 3 emissions are those that are outside of our direct control, for instance in our supply chain or our products in use. We aim to be leaders in sustainability within our industry, so keeping ahead of market expectations and requirements is key. Read this article to learn more about Scope 3 and how to address it within business.
To take a deeper dive into Scope 3 in manufacturing, check out this article The “No-Excuse” Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains.
What's the scope?
Sustainable Tips and Tricks
What does Taylor Swift owe the planet?
This article gives the low down on how celebrities such as Taylor Swift should use their status and influences to address climate change. The article comes as a response to the death of a fan at a Taylor Swift concert in Rio de Janeiro on an extremely hot day, which scientists announced that Earth’s average surface temperature had once again crossed the 2 degree Celsius warming threshold, for the second time in modern recorded history.