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Consumer Packaged Goods Insights
Given the centrality of palm oil to CPG product development and production, board directors will have to understand the current operational, greenwashing risks to their sourcing of the critical raw material. Moreover, board members will have to guide companies on EUDR (European Union Deforestation Regulation), which looks to increase due diligence and reporting on deforestation-free products.
Data privacy has become a critical issue in the boardroom, especially within the CPG (Consumer Packaged Goods) sector. While awareness varies across industries, recent high-profile data breaches and privacy scandals have heightened board-level attention to these matters.
While 2020 is often remembered for the COVID-19 pandemic and the U.S. presidential election, another significant change was taking place in North America that hasn’t received sufficient board-level attention. On July 1, 2020, the North American Free Trade Agreement (NAFTA) was replaced by the United States-Mexico-Canada Agreement, impacting nearly every Consumer Packaged Goods (CPG) company in the U.S., Canada, and Mexico.
If you’re just hearing about the SEC’s climate disclosure ruling, you’re not alone. With its recent announcement, thousands of publicly traded companies in the US will now be subject to the new regulation. But what does the SEC ruling mean for your business?
Growing recognition of the environmental impact of plastics and packaging materials has prompted the need for a transition towards circularity. Despite obstacles, progress has been made through innovations in material science and recycling technologies, underscoring the importance of collaboration among stakeholders in accelerating the transition towards circular packaging and sustainability.
ESG's role in corporate transparency, accountability, and reputation-building is well established, but less is known about its financial ROI. Here are 13 ways that companies can achieve higher ROI through ESG.
Rather than treating climate risk as just another compliance exercise, businesses should invest the necessary time and resources to capture value (or avoid loss) as the world transitions to hotter weather and a carbon-free economy.
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