BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS,® CHAIRMAN OF THE FUTURIST INSTITUTE® The transition to a new presidential administration has brought with it a recalibration of federal priorities, including sustainability policies. While this administration has already laid the groundwork to relax sustainability and emissions timelines, the broader momentum for sustainability—driven by institutional investors, large public companies, rating agencies, international stakeholders ...
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Supply Chain Sustainability Pushes Forward in 2025
Feature BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® ISTOCK.COM/PETMAL The supply chain community should expect 2025 to be a year of greater focus on sustainability. While a number of U.S. government policies are likely to be shaped by the new administration, other sustainability stakeholders have been applying consistent pressure across the economy and supply chains. ...
Read More »Unpacking Scope 3
There’s widespread agreement that transitioning to a carbon-neutral economy by 2050 can’t be achieved unless companies get serious about reducing greenhouse gases generated throughout their value chain, yet the challenges of measuring Scope 3 emissions have left many enterprises struggling out of the gate. New tools and supplier engagement strategies promise to simplify this complex task. BY DAVID H. COBURN ...
Read More »Supply Chain 2025—Transparency, Sustainability and the Importance of Data
CEO Update According to the 2024 MHI Annual Industry Report, the biggest supply chain trends include AI, robotics, automation, cybersecurity and sustainability. The common theme for all these trends is the growing need for transparent, data-driven supply chains. This is no easy task, and you can’t get there without a commitment to data integrity, an innovative workforce culture and supplier ...
Read More »Sustainability and the 2024 U.S. Presidential Election
BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Could a change of presidential control kill sustainability initiatives? It is highly unlikely. Despite the election outcome, sustainability preferences for many economic stakeholders are poised to remain popular. However, the upcoming U.S. presidential election will be critical for the near-term future of sustainability because the executive branch of ...
Read More »Supply Chain Sustainability Remains Top Priority
BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Critical sustainability developments have occurred this year for companies in the supply chain, logistics and material handling industries. At the top of the list is the Securities and Exchange Commission (SEC) rule on emissions, which after being approved was put on hold while litigation plays out. Additionally, global ...
Read More »Rail System Electrification to Reach Net Zero?
Sustainability Solution for Freight Rail Includes a Range of Technologies BY SHERYL S. JACKSON Electrification of rail transportation is one way to reduce greenhouse gases and meet the sustainability goals of regulators, rail industry members, manufacturers and customers. The call for rail electrification is spurred by growing interest in the reduction of emissions and mandates such as regulations passed in ...
Read More »Sustainability in a Time of High Interest Rates and Elevated Costs
BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Sustainability mandates are gaining steam against a backdrop of high interest rates, high labor costs and elevated costs. For many businesses, this push to embrace sustainability may appear like another cost center adding to the cost pile-on that threatens corporate profitability. While that can be true, it does not ...
Read More »Sustainability and Emissions Disclosures: California Takes the Lead
BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® In 2023, there was a significant pushback against Environment, Social and Governance (ESG) investing. While there has been a pushback against the social aspects of ESG, environmental priorities—and associated sustainability and emissions requirements—are likely to remain top concerns for investors, regulators and companies. Bi-Partisan Support for Sustainability Initiatives ...
Read More »Scope 3 and Achieving Net Zero
Feature Becoming a Sustainable Business Requires a Sustainable Supply Chain BY CAROL MILLER, CHIEF MARKETING OFFICER, MHI With looming Securities and Exchange Commission (SEC) regulations as well as the recent spate of wildfires, torrential downpours, excessive heat and other extreme weather events, the need for climate action and sustainability reporting has reached a new level of urgency. ...
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