sustainable supply chains

In this edition: Sustainability discussions come to the table; China’s Golden Week’s prep; and two companies become one.

FreightWaves’ Mary O’Connell and John Rattay of Redwood Logistics dive into why shippers aren’t getting what they want from their logistics service providers in terms of environmental, social and governance initiatives.

Sustainability database provider HowGood announced it closed a $12.5 million funding round to expand its capabilities and clients.

Paccurate raised $2.2 million to advance its cartonization and optimization platform.

An inflection point has been reached. Customers are now much more focused on sustainability, according to Ray Fennelly of AIT Worldwide Logistics.

The procurement module will help companies find more sustainable suppliers, said Ethan Soloviev, chief innovation officer at HowGood.

Nexxiot co-founder Daniel MacGregor chats with FreightWaves’ Tyler Cole about how data and Internet of Things can impact sustainability.

“Efficiency is the place to start. Look for opportunities to collaborate,” said Ryan Purcell, senior director of supply chain, global health and development at Coupa Software.

“I do believe that companies can make this profitable for themselves,” said Zsofia Agnes Nagy, supply chain adviser at BZLW Consulting.

A bill in the state of New York proposes environmental and social disclosure requirements for fashion companies.

Experts across the supply chain weigh in on the most impactful sustainability trends in 2021.

“This is not optional. This is going to be a core part of how we think about our investments going forward,” Jon Bradford, a partner at Dynamo Ventures, said.

After reaching unicorn status earlier this year, Misfits Market finally taps into the massive California market.

Stockholm-based TrusTrace plans to use the capital to expand globally, enhance product development and “continue leveraging cutting-edge technology and the best minds in the industry to achieve positive, restorative change for people and the planet,” said Shameek Ghosh, CEO and co-founder.

AskWaves talks with an expert to learn how the Global Logistics Emissions Council provides a single framework for supply chains around the world to track emissions.

GoFor’s new strategy will use carbon offsets, EVs, smart packaging and more to make delivery carbon-negative.

“We believe that every sector has to make a contribution toward global decarbonization,” Fernando Rangel Villasana, senior technical manager at SBTi, told FreightWaves.

“The program offers technical and consultative resources that both shippers and carriers can use to reduce their carbon footprints, while improving the speed, resilience and efficiency of their supply chains,” said Bob Shellman, president and CEO at Odyssey Logistics.

Sustainable fuels and technologies are up against decades of perfecting the efficiency and economies of scale of the fossil fuel industry.

In the midst of the COVID-19 pandemic, progress toward sustainable supply chains has not slowed like experts predicted, according to a recent report.