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- The Week in Low Carbon Commerce - Nov 27, 2023
The Week in Low Carbon Commerce
November 27, 2023
Hello!
After another record-setting Black Friday, we look ahead to the start of COP28
This week we have:
Tomorrow’s workshop on winning with Amazon on climate
Two new reports on reusable packaging
Fresh funding for five firms
Send your news or suggestions to [email protected].
Keith
What’s Hot
♻️ The Ellen MacArthur Foundation released a study on Unlocking a reuse revolution: scaling returnable packaging, which models environmental and economic scenarios for reuse models in beverages, personal care, fresh food, and “food cupboard” (shelf-stable food).
The study finds that for certain applications, the “system change” scenario emphasizing standardized packaging and shared infrastructure could reduce GHG emissions and water use by 35 to 70%, and material use by 45 to 75%.
[Link]
♻️ IGD published a report summarizing findings from Aldi, ASDA, and M&S refill on-the-go pilots in an update to its 2021 research.
To drive reuse/refill adoption, the report recommends highlighting cost savings to shoppers, introducing shelf edge labeling to drive awareness, and using bold and simple calls to action to drive trial.
[Link]
🥑 The UK’s new Environment Secretary, Steve Barclay, announced that Defra (Department for Environment, Food & Rural Affairs) will reconsider whether there should be mandatory food waste reporting, withdrawing a July decision to make food waste reporting voluntary.
[Link]
Don’t miss…
November 28 @ 11:00 AM - 12:00 PM EST
Amazon programs like the Climate Pledge Friendly badge and Compact by Design are emerging as effective ways to grow traffic and conversion, even while reducing costs.
Join us November 28 @ 11am-12pm EST for an overview of Amazon’s vendor- and seller-oriented climate initiatives and playbooks for maximizing the commercial benefits of participation.
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Retailers
📦 Amazon provided updates on its packaging initiatives in Europe, including participation in P&G’s Holy Grail 2.0 initiative, the Ellen MacArthur Foundation’s Scaling Return Advisory Group, partnering with Reposit, and a biodegradable bag pilot with Novamont in Italy and Spain.
[Link]
By the way — we’ll have more on SIPP (formerly SIOC) and other vendor- and seller-facing Amazon programs during the Nov 28 workshop on Winning with Amazon on Climate.
[Link]
🎄 LIDL has partnered with peer-to-peer fashion rental platform By Rotation to offer a rental service for holiday sweaters
[Link]
Deals and funding
📦 Matsmart-Motatos, based in Stockholm, raised $43M in growth capital for its overstock food marketplace aimed at reducing food waste.
[Link]
👶🏼 Naïf Good Care, Dutch maker of skincare and baby products, raised $23M from Future Business Partnership.
[Link]
🫙 Le Fourgon, a French startup building a service for reusable glass containers, raised a €10M Series A.
[Link]
☀️ Solar Foods, which uses fermentation to produce single-cell protein, raised an €10M Series B.
[Link]
♻️ Impact Recycling, based in the UK, will receive an $8.78 million loan from Nestle to help Impact “get its pioneering process off the ground” to recycle flexible packaging like candy wrappers and snack bags.
[Link]
From the podcast
Shoppers say they value sustainability, but what do they really do?
Data — product and point-of-sale data, especially — can help illuminate how shoppers really behave at retail.
Tanvi Patel is Senior Data Analyst for Climate and Sustainability Data at SPINS, a data technology company.
In this episode, you’ll learn how SPINS is helping retailers and brands build assortments that resonate with shoppers, simplifying the complexity of product certification, invest in circular packaging, and more.
Featured jobs
Check out all of the jobs (or post yours) on the Decarbonizing Commerce Career Board.
