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Search resuls for: "Environmental Sustainability"


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High inflation and interest rates are here to stay in 2023, said PwC's Byron Carlock. To the dismay of real estate investors everywhere, Byron Carlock says that higher interest rates are here to stay for 2023. And while housing input prices and the costs of raw materials have begun to moderate, he doesn't believe that these can completely offset the ongoing increase in interest rates. But there's also a few obstacles in the way of reimagining entire cities, Carlock. "Cities are going to have to step up their game with respect to zoning and entitlement processes," he added.
EU Looks to Follow Tough U.S. Action on Forced Labor
  + stars: | 2022-10-31 | by ( Richard Vanderford | ) www.wsj.com   time to read: +7 min
Beijing has called allegations about the use of forced labor “vicious lies” and said its policies in Xinjiang are intended to counter violent separatism and terrorism. African mining operations, for example, have been implicated in the use of forced labor. Under the proposal, EU member states will designate authorities to enforce the regulation, and their customs authorities will enforce it at the EU’s borders. Goods made without forced labor are going to the U.S., while goods made with forced labor are shipped to the EU, the researchers said. Uniqlo has said it performs due diligence throughout its supply chain and prohibits the use of forced labor.
Despite renewed efforts, achieving sustainability broadly across the supply chain often remains elusive. While an imperative for many companies, global disruptions including the Covid-19 pandemic have made it more difficult to achieve goals across the supply chain that advance human rights, fair labor practices and positive environmental outcomes. Yet sustainability remains top of mind for many companies, according to David Correll , research scientist with the MIT Center for Transportation & Logistics .
IFixit, which assesses the reparability of consumer electronics, said on Monday Apple has made major changes to the iPhone 14 base model. In the iPhone 14, the back glass is held in place by just two screws one connector, making it easy to remove. Apple did not mention the internal redesign when it announced the iPhone 14 earlier this month. It also creates opportunities for local repair shops.”The costlier iPhone 14 Pro and Pro Max still have the older style of glued-in glass back. In 2019, Apple started selling tools, parts and manuals to independent repair shops.
The founder of outdoor apparel maker Patagonia is donating his company to a greater cause: fighting climate change. Yvon Chouinard, the rock climber-turned-billionaire, and his family have transferred their ownership of Patagonia to the newly created Patagonia Purpose Trust and nonprofit Holdfast Collective. The company, which Chouinard founded in 1973, is worth $3 billion, according to the New York Times. "The Patagonia Purpose Trust ... exists to create a more permanent legal structure to enshrine Patagonia's purpose and values," the announcement reads. "Despite its immensity, the Earth's resources are not infinite, and it's clear we've exceeded its limits," Chouinard wrote on Wednesday.
Experts have estimated that aviation is responsible for nearly 2% of global greenhouse-gas emissions and 2.5% of carbon-dioxide emissions. Some aviation giants, like United, are signing purchase agreements to buy electric aircraft. Today he serves as CEO and chairman of the company, which aims to be a pioneer in electric aircraft. In 2000 he founded Aviation Technology Group, which developed the ATG Javelin very light jet before ceasing operations in 2007. He is also a founding member of the Nordic Network for Electric Aviation.
The event, in partnership with Bank of America, took place Tuesday, May 10. Martin Whittaker, chief executive officer of the nonprofit JUST Capital, said there is now a greater focus on worker well-being than ever. For Karen Fang, the managing director and global head of sustainable finance at Bank of America, prosperity includes access to basics like financial services and digital inclusion. "The definition of prosperity has gone from economic prosperity to social prosperity," Fang said. She said the bank has hired 10,000 workers from these areas, a goal it achieved two years early.
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