Product, Service & Design Innovation
The latest products, services, design approaches and business models that are helping organizations of all sizes deliver on their sustainability ambitions and establish a new business as usual.
BASF Evaluating Entire Product Portfolio for Sustainability
Cross-Posted from New Metrics. In order to better help its customers align environmental and societal considerations with business success, BASF has developed a new process for steering its portfolio based on sustainability criteria. Launched today, the Sustainable Solution Steering method is used to systematically review and evaluate the sustainability aspects of the approximately 50,000 relevant product applications in the company’s portfolio, which represent sales of €56 billion. The benefit: This externally validated process makes it possible to measure the products’ contribution to sustainability within their various markets and industries and to increase this contribution through targeted steps.
Cura Setting Out to Create Local and Global Impact 'Through Simply Enjoying Coffee'
Cura Coffee Co, a San Diego-based startup, sells a direct-trade, premium organic coffee that directly connects coffee lovers with the farmers who produce it.
General Mills Acquiring Annie's for $820M, Riding Wave of Demand for Authentic, Values-Driven Products
General Mills announced Monday that it will acquire Annie’s, Inc, a leading U.S. producer of branded organic and natural food products with net sales of $204 million in its latest fiscal year (completed March 2014).
Diners in Austin, NYC Going Halfsies to Address Obesity, Food Waste, Hunger
Controlling the size of your portions is a great way to save money, food and unnecessary health problems caused by obesity. Eating out, on the other hand, takes that control away from you — unless you go for a restaurant that’s signed up for Halfsies. Launched at the end of 2012 in Texas and New York, it’s an initiative that lets you donate half of your food before it even gets to the table. Apart from the warm, fuzzy feeling you'll get from giving, your waistline will be thankful as well.
Datacoup Lets Users Unlock the Value of Their Personal Data for Cash, Insights
Datacoup, “The World’s First Personal Data Marketplace,” launched Thursday, providing a platform for individuals to aggregate, analyze and sell their own personal data. After a successful beta period with over 1,200 active users testing new site features and receiving money for their data, the service is primed to welcome 10,000+ individuals on its waiting list, as well as the general public, to its platform.
CVS Rebrands as CVS Health, Takes Next Steps to Making America Tobacco-Free
CVS Caremark today announced three potentially game-changing developments for its brand and its business. First, the pharmacy chain has changed its corporate name from CVS Caremark to CVS Health, to reflect its broader commitment to healthcare — first illustrated in February by its bold decision to discontinue the sale of all tobacco products.CVS Health encompasses the company’s retail business, which will continue to be called CVS/pharmacy; its pharmacy benefit management business, which is known as CVS/caremark; its walk-in medical clinics, CVS/minuteclinic; and its growing specialty pharmacy business, CVS/specialty.
RSF Launches Search for Next 25 'Social Enterprise Stars' at SOCAP 2014
RSF Social Finance, a San Francisco-based organization that lends money to path-breaking social enterprises, is launching a campaign Sept. 2 to find the Next 25 Social Enterprise Stars (#SocentStars).The campaign, kicking off in concert with SOCAP 2014, the world’s leading conference on impact investing and social enterprise, is designed to attract RSF’s next cohort of extraordinary, mission-driven borrowers. RSF wants to add 25 social enterprise stars to its loan portfolio over the next year.
20 Semi-Finalists Announced for 'Socially Responsible Design's Highest Award'
The Buckminster Fuller Institute has announced the semi-finalists for the 2014 Fuller Challenge. Named "Socially Responsible Design’s Highest Award," the Fuller Challenge invites scientists, designers, architects, activists, entrepreneurs, artists and planners from all over the world to submit their solutions to some of humanity’s most pressing problems. A $100,000 prize is awarded to support the development and implementation of one outstanding strategy.
FedEx May Pay for Millions For Misclassifying Workers
FedEx could be liable for hundreds of millions of dollars in drivers’ operating expenses and wages after the Ninth Circuit Court of Appeals ruled this week that a class of 2,300 individuals working for FedEx Ground was misclassified as independent contractors instead of employees.As a result, FedEx may owe its workforce of drivers hundreds of millions of dollars for illegally shifting to them the costs of such things as the FedEx branded trucks, FedEx branded uniforms, and FedEx scanners, as well as missed meal and rest period pay, overtime compensation, and penalties. The case, known as Alexander v. FedEx Ground, covers employees in California from 2000 - 2007.
invisaband Provides Long-Lasting, Plant-Based Alternative to Toxic, Sticky Mosquito Repellents
invisaband is a DEET-free, mosquito-repellent microfiber bracelet currently seeking funding on Indiegogo.Creator Gogadgety, Inc. says invisaband improves upon existing repellent lotions and sprays in several ways:
Cradle to Cradle Marketplace First Online Store Dedicated to Circular Economy Products
The concept of a circular economy has been on the fringes of market development for a while now, but a boost could come from the recent launch of the Cradle to Cradle Marketplace, the first online store to support the circular economy, selling only C2C-certified products (products in which their full life-cycle has been taken into account).
EDF Announces Finalists for Next-Gen Methane Monitoring Competition
Environmental Defense Fund (EDF) has announced five finalists for its Methane Detectors Challenge, a collaboration with seven oil and natural gas companies aimed at identifying next-generation technologies that will help better monitor and reduce methane emissions from oil and natural gas operations.The Methane Detectors Challenge attracted 20 proposals from companies and university research teams, which used an array of diverse technologies ranging from infrared lasers to circuit boards filled with off-the-shelf sensors.
Sustainable Startups Compete for Postcode Lottery Green Challenge's $680,000 Prize
Five eco-friendly startups from the Netherlands, UK, France and Vietnam are competing in the final of the Postcode Lottery Green Challenge, an annual global competition for startups with environmentally sustainable business plans. On September 11th, the finalists will present their ideas in Amsterdam before a jury led by Dame Ellen MacArthur; the winner will receive US$680,000 and runners-up will receive US$272,000 towards their ventures.
What If … a Conference Collaboration Led to Real Sustainable Results?
Large pieces of paper cover the tables. A few bright sticky notes sprout here and there. Earnest-looking people bent over writing or steeped in conversation ignore their half-eaten lunches. Ideas begin to pop.It’s lunchtime at Sustainable Brands 2014 and we’ve challenged delegates to come up with a vision and concrete plans for answering three big What If questions while they eat:
Chick-fil-A, THRIVE Partnership Supporting Economic Sustainability for Coffee Farmers
Chick–fil–A has announced it is partnering with THRIVE Farmers™ Coffee to offer the QSR industry’s first–ever socially beneficial, specialty–grade coffee. Per THRIVE’s unique revenue-sharing model, the sale of each cup of coffee directly supports its network of Central American family coffee farmers, allowing them to earn up to 10 times more than farmers earn in traditional or even fair trade revenue models. THRIVE created a blend specifically for the chain, which is now available in restaurants nationwide.
Don't Blame the New Middle Classes in the Developing World. Reinvent Your Offering!
Worldwide, according to forecasts from the United Nations, emerging economies will contribute 98 percent of population growth to 2050. Millions of new consumers will be joining the middle classes in years to come. That makes it an appropriate time to discuss a social and economic phenomenon that is transforming both Brazil and other emerging economies around the world — the rise of a new middle class of consumers, with a major impact on the current global system of production and consumption.
Forget Innovation — Responsible Products Drive 70% of New Product Growth
A recent Boston Consulting Group (BCG) research report showed responsible products accounted for two-thirds of grocery product growth in 2013. That’s a pretty incredible number considering how grocery brands have been struggling.
Sustainable School Supplies Startup Enters $5.6 Billion Market
Just in time for back-to-school season, eco-friendly school supplies company Green ABCs has launched a new line of supplies, which help minimize waste with recycled materials, renewable resources and innovations in biodegradability.The company’s co-founder and CEO, Beth Davies, says she was compelled to help start the company after finding it difficult to find eco-friendly school supplies for her son. With a widening gap between classroom supply needs and adequate funding provided from school budgets, parents, teachers and Parent Teacher Associations (PTAs) increasingly are making up this difference in school supplies.
SVN Innovation Award Winners Tackle Social, Environmental and Economic Problems
Farmland LP, Public Lab, Rising Tide Capital and Sustaintech India are the winners of the Social Venture Network’s (SVN) 2014 Innovation Award, which recognizes companies that demonstrate the greatest impact in solving social, environmental and economic problems.The winners were selected by a panel of 16 judges, including Leigh Buchanan of Inc. magazine, Neil Grimmer of Plum Organics, Jean Oelwang of Virgin Unite, Jorge Calderon of Impact Strategy Advisors and Ed Dugger of the National Institute for a Sustainable Economy. The entrants were judged on their use of innovation, impact and ability to scale.The WinnersFarmland LP
Bupa, Unilever, Terrafiniti Shortlisted for 2014 Finance for the Future Awards
Organizations in the retail, consumer goods, telecommunications, consulting and property management industries are among those shortlisted for the 2014 Finance for the Future Awards, which recognize the role of the finance function in creating sustainable business models and economies. The finalists — in the Large Business, SME, Public Sector, Social Enterprise and Innovative New Idea categories — will be judged on September 5, with the winner announced at the awards ceremony on October 14.
