In its annual Environmental Responsibility Report, tech giant Apple has revealed ambitious new plans to develop a closed-loop model for its supply chain. To achieve this goal, the world’s second largest smartphone producer will focus on using only renewable resources and recycled materials and eliminating conflict materials from its value chain.
Following the announcement of its new store renovation initiative, CVS Pharmacy has revealed that it will be eliminating parabens, phthalates and the most prevalent formaldehyde donors in nearly 600 beauty and personal care products in its CVS Health, Beauty 360, Essence of Beauty and Blade lines. CVS Pharmacy will stop shipping store brand products that don’t meet these standards to distribution centers by the end of 2019.
Cross-Posted from Product, Service & Design Innovation.
Coming off a string of apparent strides toward recognizing the benefits of sustainability – including ratifying a shareholder resolution that commits the company to investing in a low-carbon future, earning a place on the Dow Jones Sustainability Index (DJSI) earlier this year, launching an online tool for low-carbon startups to access financing, and last month