Swedish Ikea group acquired a 15 % minority stake in Morssinkhof Rymoplast Group, a Dutch plastic recycling plant. It is a sign of how important a circular economy is to the company.
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Over the past weekend, Unilever revealed all of its plastic packaging will be recyclable, reusable or compostable by 2025. Previously, the company had already promised to lower its use of plastic.
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Swedish furniture chain Ikea has had an excellent fiscal year, with a 7.4 % turnover increase to 35.1 billion euro. Its net profit also grew to 4.2 billion euro, despite major sustainability investments.
Spanish fashion chain Zara will launch a sustainable Join Life collection for the fall. The collection is made from sustainable materials, but the company has also tried to make the supply chain as sustainable as possible.
For the first time ever, fashion label Stella McCartney has released a environment profit and loss result that displays the impact the company has on the environment. Over the past three years, its impact grew to 5.5 million euro.
Can a a price breaker also be a responsible entrepreneur? Aldi Nord thinks so, publishing its very first sustainability report - showing how the hard discounter is reinventing itself.
The cosmetics industry is struggling with its sustainability efforts: out of thirty examined brands, 22 fail to surpass a score of 30 % according to a Rank a Brand study. Only five get more than 50 %.
The Body Shop launched a worldwide initiative to drastically lower the use of plastic packaging based on fossil fuels by 2020.
Sports brand Nike opened its new Belgian distribution center, not only designed to be more efficient but also more sustainable. This distribution center will take care of everything related to Nike.com, Nike retail and its wholesale partners in Europe.
Store chain C&A has just released its first Global Sustainability Report, writing down several of its sustainability efforts. One of those achievements is that the company has been named the world's largest user of organic cotton.
Unilever has beaten Nestlé to be the most sustainable of the ten largest food companies in the world according to Oxfam's yearly report.
In H&M's new Sustainability Report, the Swedish chain said it continues to advance when it comes to sustainability. 78 % of the company's electricity already comes from renewable sources, three times as much as in 2014.
Swedish fashion chain H&M continues to lay out its sustainability program and has presented its Conscious Exclusive collection in Paris, while it will also continue its sustainable fashion innovation efforts.
Ikea's store in Zwolle aims to lower its energy consumption, to become energy neutral by 2020. Last year, it managed to lower its energy consumption to well below that of an average Swedish Ikea store.
Food manufacturer Mondelez International announced its sustainability program Cocoa Life has made good progress. By the end of 2015, more than a fifth of the cocoa it used for its production, was grown in a sustainable way.
On its 40th birthday, The Body Shop commits to becoming the world's most ethical and sustainable company, as stated in its new Global Corporate Social Responsibility strategy.