Companies Get Renewed Pressure to Disclose Nature-Related Risks
Executives from companies, banks and asset managers published guidelines aimed at helping businesses disclose the risks they face
2023-09-19 06:50
SocGen Plans to Halt New Oil, Gas Loans in Strategy Update
Societe Generale SA is planning to halt lending to some new oil and gas projects, as part of
2023-09-18 19:55
A Crunch in Key Corner of Oil Market Leaves Consumers Vulnerable to Heat and War
Refining, long one of the more predictable corners of the oil market, is caught in a climate bind.
2023-09-18 12:21
Learn How to Spot Greenwashing
Greenwashing is a way for companies to piggyback on everyone's concerns about climate change — and it's everywhere.
2023-09-18 08:52
Regulators Are Trying to Stop Greenwashing Before It Gets Worse
In 2021, a series of HSBC advertisements started appearing on bus stops around the UK. Part of a
2023-09-18 07:21
Romania to Build Power Link to Harness Flood of Green Power
Romania is racing to build a new multi-billion-euro high-voltage cable to transport power across the country and to
2023-09-17 13:54
Scholz’s Dream of Climate Revolution to Revive Germany Is Dying
Chancellor Olaf Scholz is struggling to pull off his plan to harness the transition to green energy and
2023-09-16 13:55
UK ‘Tourist Tax’ Creates Gap With Europe, Says Burberry CEO
The executive driving the turnround of Burberry Group Plc said tourists are spending more on luxury goods in
2023-09-15 23:51
Norway’s $1.4 Trillion Fund Steps Up Urgency on Climate Planning
Norway’s wealth fund said companies should move from “target setting to transition planning,” as the $1.4 trillion fund
2023-09-15 21:24
Apple will update iPhone 12 in France after regulators said it emitted too much radiation
Apple has agreed to install updates for the iPhone 12 in France after French regulators ordered the company to stop selling the model because it emits electromagnetic radiation levels that exceed European Union standards. The company, which just unveiled its newest generation of iPhones, insists the 12 model is safe and the phones have been certified in countries around the world since its introduction in 2020. It says the problem raised by the French government agency that manages wireless communications frequencies is “related to a specific testing protocol.” The French agency said the iPhone 12 recently failed one of two types of tests for electromagnetic waves capable of being absorbed by the body. On Tuesday, France’s government ordered a halt to sales of the iPhone 12 and told Apple to issue a software update to address the problem or face a recall. Apple said in a statement Friday that it “will issue a software update for users in France to accommodate the protocol used by French regulators.” It did not elaborate. The French ban could have extended to all 27 EU countries after three months if Apple had refused to issue updates and if no other government objected, European Commission spokesperson Sonya Gospodinova said Thursday. France’s digital affairs minister said the iPhone 12’s radiation levels are still much lower than what scientific studies consider potentially harmful to users, and the radiation agency acknowledged that its tests don’t reflect typical phone use. Cellphones have been labeled as possible carcinogens by the World Health Organization’s cancer research arm, putting them in the same category as coffee, diesel fumes and the pesticide DDT. The radiation produced by cellphones cannot directly damage DNA and is different from stronger types of radiation like X-rays or ultraviolet light. Experts have recommended that people concerned about their cellphone radiation exposure use earphones or switch to texting. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-09-15 18:54
Truth behind ‘meteorite crater’ brings amateur astronomer down to Earth
A stargazer who thought he’d made the discovery of a lifetime was brought down to Earth with a bump when a crater apparently left by a meteorite was revealed to be nothing more than a hole dug by beach-goers. Astrophysics enthusiast Dave Kennedy was over the moon when the hole, several feet wide and deep, appeared in north Dublin. He felt sure that a small, black, heavy rock found at the bottom of the hole was an asteroid from outer space, and contacted various astronomy experts in an effort to confirm his theory. He said a scorch mark on one side of the rock showed the angle at which it had fallen. “Only a month ago, I was watching a documentary from Nasa on exactly what we’re looking at so when I looked at it and saw how uniform it is, and the vast crater, I knew immediately I was looking at an impact site,” he said. Visitors to the Portmarnock beach gathered to inspect the crater. One said: “We’re down here quite a lot and never seen anything like this before, so it’s pretty spectacular.” However, Mr Kennedy’s optimism was short-lived. Within a day of his appearance on Virgin Media News, a “context note” on X (formerly Twitter) compiled from user information read: “It is in fact not a cosmic event - instead it was dug out the day before by 2 lads with a beach spade.” Footage on social media posted by friends of the young men showed them sitting in the hole, digging it out with children’s spades, and was captioned: “The hole we dug on Saturday”. Although the astronomy enthusiast was widely mocked, he said he would still have the rock analysed in the hope it wasn’t a “completely fruitless discovery”, Virgin Media News reported. Research on the chances of asteroids hitting Earth has focused on much larger rocks. Astronomers say Earth probably will not be struck by an object 1km wide (0.6 miles) for at least 1,000 years – but they have not ruled out smaller meteorites landing before then. Read More 4.6 billion-year-old meteorite sheds light on early solar system – study Best beach stays in the UK and Ireland for a peaceful break in 2023 Ukraine war: Kyiv ‘is pushing Russia back’, UK’s most senior military officer says War-blinded Ukrainian soldier cries with joy at new love at his wedding Ukraine ‘holds initiative’ in counteroffensive against Russia, says UK military chief
2023-09-15 14:50
Citing sustainability, Starbucks wants to overhaul its iconic cup. Will customers go along?
Bethany Patton steps up to the counter and places her pink mug into a shoebox-sized dishwasher. It spins. It whirs. Water splashes inside. After 90 seconds, the door opens and steam emerges. A barista grabs the mug, dries it and prepares Patton’s order — a 16-ounce Starbucks double espresso on ice. For bringing her own cup, Patton gets $1 off her drink. “Saving the environment is important and all, but I probably come here more in knowing that I’m going to get a dollar off,” says Patton, 27, a cancer researcher at Arizona State University. Two friends who came on the afternoon coffee run nod as they hold the cups that they, too, brought along. Just as noteworthy as what they're carrying is what they are not: the disposable Starbucks cup, an icon in a world where the word is overused. For a generation and more, it has been a cornerstone of consumer society, first in the United States and then globally — the throwaway cup with the emerald logo depicting a longhaired siren with locks like ocean waves. Ubiquitous to the point of being an accessory, it has carried a message: I am drinking the world's most recognizable coffee brand. Now, in an era where concern for sustainability can be good business, the Starbucks disposable cup may be on its way to extinction thanks to an unlikely force: Starbucks itself. CONVENIENCE COLLIDES WITH VIRTUE By 2030, Starbucks wants to move away completely from disposable cups, which represent big portions of the company’s overall waste and greenhouse gas emissions. The stated reason is that it's the right thing to do for the environment, and Starbucks has a history of lofty sustainability goals around various aspects of their global operations. Some have been met, such as new stores being certified for energy efficiency; others have been revised or scrapped entirely. For example, in 2008 the company said that by 2015 it wanted 100% of its cups to be recyclable or reusable. Today, that's still a long way away. Today's drive to overhaul the cup comes with an obvious business imperative. Producing disposable products like cups creates greenhouse gas emissions, which warm the planet and lead to extreme weather events and other manifestations of climate change. That goes against customers' increasing expectations for companies to be part of the solution to climate change. Still, while customers want companies to be environmentally conscious, that doesn’t mean they’re willing to give up convenience. And there's this: Could eliminating the millions of paper and plastic cups used each year hurt Starbucks? After all, those cups, in the hands of customers, are advertising — a market penetration that makes Starbucks feel ubiquitous. At the store where Patton gets her coffee, Starbucks already doesn't serve any in disposable paper or plastic cups. Customers who don’t bring their own are given a reusable plastic one that can be dropped off in bins around campus. It’s one of two dozen pilots over the last two years, aimed at changing how the world’s largest coffee maker serves its java. The goal: to cut the company's waste, water use and carbon emissions in half by 2030. Pulling that off will be tricky and fraught with risks. It provides a window into how companies go from ambitious sustainability targets to actual results. “Our vision for the cup of the future — and our Holy Grail, if you will — is that the cup still has the iconic symbol on it,” says Michael Kobori, head of sustainability at Starbucks. “It’s just as a reusable cup.” Starbucks sees the change as an opportunity to cast the siren, and the company, in a different light. It also wants to push more suppliers in its production chain to provide recycled material and partners, such as universities and other locales that house stores, to be able to handle all that comes with reusable cups. Erin Simon, vice president for plastic waste and business at World Wildlife Fund, says commitment from major companies can help. But ultimately, she says, major change can happen only with corporate collaboration — and government regulation. “Not one institution, not one organization, not even one sector can change it on its own," Simon says. At Starbucks, the changes will create ripple effects. Jon Solorzano, a Los Angeles lawyer who advises companies on developing climate-friendly operations and disclosures, (an area referred to as “environmental, social and governance”), says the company likely has hundreds of suppliers that help manufacture cups. “It’s kind of like turning an aircraft carrier around,” Solorzano says. “Little tiny tweaks, which seem insignificant, can actually have big operational challenges for an organization." Starbucks is not the first company to push toward a reusable cup. From large companies in Europe, such as RECUP in Germany, which uses reusable cups and other food packaging, to local coffee houses in cities like San Francisco, the goal for years has been to shed disposable paper and plastic. But as the largest coffee company in the world, with more than 37,000 stores in 86 countries and revenues of $32 billion last year, Starbucks could force change across the industry. At the same time, failure to adapt and lead could hurt the coffee giant in customers' eyes. “I’ll always choose the more sustainable company,” says Irene Linayao-Putman, a public health worker from San Diego who recently bought Starbucks while visiting Seattle. The road to overhauling the container transcends just making a different choice or spending money. Improving sustainability requires navigating a web of technological developments, seeking out like-minded suppliers and testing how far customers can be pushed to change. For Starbucks, it means doing two major things in parallel that seemingly conflict: Move toward only reusable cups while developing disposable cups that use less material and are more recyclable. And managing the optics along the way. “They are just trying to get more buyers,” 10-year-old Aria June said with a laugh after buying Starbucks in Seattle. Then, prodded by her father, she added that sustainability and getting more business could co-exist. THE MECHANICS OF REUSE At the Arizona State store, if customers don’t bring their own cup, they are given a reusable plastic one with a Starbucks logo. If they bring it back, they get $1 off, just like customers who bring their own. And if they don't want to hold onto it? There are bins around campus, and the cups are washed by the university — part of a partnership with Starbucks — and returned to the store. Cups too damaged to be reused, along with disposable Starbucks cold drink cups and other plastic found in the trash, are sent to the university’s Circular Living Lab. They're shredded, melted and extruded into long, lumber-like pieces. Those pieces are cut, sanded and built into boxes, which become the return bins for the reusable cups. “This obviously has some energy and production costs, but using recycled content is always going to be less energy intensive (and) emit less CO2 than using virgin plastics,” says Tyler Eglen, the lab's project manager. For several years, Starbucks has been increasing the amount of recycled material in disposable paper cups. In some markets last year, Starbucks began using single-use paper cups made with 30% recycled material, an increase from 10%. The plan is to have all cups at 30% recycled material in in all U.S. stores starting in early 2025. That pushes the limits of what can be done with recycled paper material that holds hot liquids. Paper pulp from recycled cups has shorter fibers than virgin pulp, which means less rigidity, important particularly with hot coffee. How much recycled material can be used in manufacturing new cups depends on how equipped any particular area is to gather material and recycle it. Big cities have major recycling infrastructure, but many communities around the world have little to no recycling capacity. Another barrier: the lining inside the cup, crucial to keeping a hot liquid from quickly breaking down the paper. Made of polyethylene, a heat-resistant plastic, the liner is about 5% of the total cup but a significant piece of its overall carbon footprint. There is also the plastic lid. “Today, the reality is that for protection, as we put a hot beverage inside, we need a good seal on those cups," says Jane Tsilas, Starbucks’ senior manager for packaging. A similar testing and refining process is happening with disposable cold-drink cups. At the Tryer Center innovation lab in Starbucks' Seattle headquarters, drinks with ice in plastic cups are placed in holders attached to a platform. It then shakes as technicians look for leaks and flaws. For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a strawless lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15% the amount of material in each cup. To do that, technicians examine different parts of the cup to see where less material may be used without weakening it. For example, could reducing the thickness where many people hold the cup, about halfway between the middle and lid, mean the cup collapses and the drink spills on the customer? "If it passes tests with baristas, then we would put it in the stores,” says Kyle Walker, a packaging engineer on Starbucks' research and development team. NOT AS EASY AS IT MIGHT SEEM Eventually, the endpoint is this outcome, which is more sustainable and good PR, too: No more disposables at Starbucks. That's because no matter the tests or technological innovations, there are limits to how much waste can be reduced with disposable paper and plastic cups. Long-term reductions in waste will come from reusable cups. The company has a long way to go. Since the reintroduction of reusable cups in some stores in July 2021 — reusable cups were not used during much of the COVID-19 pandemic — only 1.2% of worldwide sales in fiscal year 2022 came from reusables. Starbucks refused to provide data on how many disposable cups it uses in any given year. For all the talk of sustainability and increasing consciousness about climate change, it’s fair to assume that a significant number of Starbucks’ disposables end up in landfills. Even in Seattle, a progressive city with good recycling infrastructure, there are many cups in garbage cans outside Starbucks stores. Valencia Villanueva, a barista at the Arizona State store, has noted a growing consciousness among customers about the cup-washing machine and the “borrowed” cup program. That gives her confidence that the future is reusable cups. After all, it's not as if anyone is clamoring to be wasteful — even if what they're giving up is an item that became something of a global status symbol. “Nobody," she says, “has complained and said they wanted a single-use cup.” ___ Peter Prengaman is news director of The Associated Press' climate and environment team and can be followed here. Video journalist Manuel Valdes in Seattle contributed to this report. ___ AP climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Citing sustainability, Starbucks wants to overhaul its iconic cup. Will customers go along? From piñata to postage stamp, US celebrates centuries-old Hispanic tradition Starbucks cheers ‘good progress’ in plan for 100 new UK shops
2023-09-15 13:59