latestmarketnews's Updates (247)
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Lip balms are the smallest and most used product among consumers worldwide. In terms of sustainability, this product impacts both the environment and consumers. To work towards sustainability, many environmentally friendly products have been introduced. To name a few brands have launched products such as bio-based products, vegan lip balm products, eco-friendly lip balm, zero waste lip balm, organic lip balm, and many more. Compared to traditional lip balms, vegan lip balm products have a... [more]
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The pharmaceutical sector, especially from Europe has been one among leading providers in healthcare and pharmaceutical products throughout the globe. In this sector, there has been good progress in recent years with respect to introducing revolutionary cures for life threatening health conditions along with community engagement initiatives or as part of philanthropy. Read More @ [more]
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In the gaming industry, the sustainability factor is not very substantial, but at a deeper level, the environmental, social, and governance aspects are linked to sustainability. Speaking of environmental impacts, gaming is highly connected to data centers, which contribute to emissions. Business travel is also one such factor that has a negative impact on the environment. To tackle these, top companies are transitioning towards the adoption of green energy or the increase in the usage of... [more]
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Biofuel is a substance obtained from biomass, plants, and animal waste. It has a significant environmental impact which reduces the number of emissions released into the environment. Biofuels can be derived from many different sources, including plants, plants, and animal waste. It is used in transportation, home heating, and power generation from stationary engines. Biofuel has a significant impact on the planet in terms of the environment and considering social parameters within ESG.... [more]
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A precision agriculture system uses technologies to maximize eco-efficiency through efficient use of land, water, fuel, fertilizer, and pesticides. In essence, precision agriculture reduces both costs and environmental impacts. Precision agriculture aims to maximize the returns on inputs while conserving resources. It is an integral part of modern Best Management Practices (BMPs) for citrus production and environmental conservation. Read More @
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Green packaging or eco-friendly packaging or sustainable packaging is anything that reduces the environmental impact. When it comes to the impact of green packaging on the environment and society, it has a very high negative impact both in terms of environmental and social factors. One-third of what is delivered to landfills each year is packaging waste, which is a huge issue. It is critical to note that many commonly used packaging materials (such as plastics and polystyrene) have a negative... [more]
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The sustainability of the shoe industry has increased significantly. Sustainability in the footwear industry can be defined at the design process, production process, manufacturing process, distribution process, and selling process. All these have significant effect on the planet minimizing the negative impact on the environment. Further, it also contributes to the efficient use of energy and natural resources, the safety of employees, communities, and customers, as well as being economically... [more]
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In the nutritional supplement industry, 'green' supplements are growing more quickly than sustainably produced food and drink. Despite their many health benefits, supplements do come with an environmental cost that many fears will rise if we do not act. It's no secret that the supplements industry can have devastating effects on the environment, whether it's sourcing ingredients, manufacturing processes, packaging, or distribution. Read More @
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Luxury apparel has been widely used for premium customer as those products provide a greater social acceptance. Main ESG factors driving luxury apparel segment are product quality, efficiency of supply chain, affordability, customer satisfaction, toxic chemical usage (dyes), human rights issues from production to retail end and biodiversity impacts. Read More @ [more]
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Prominent leaders in the furniture sector are aware that millennial and generation Z customers are driven toward sustainable eco-friendly furniture. It propels companies to adopt greener methods of manufacturing and helps engage with customers to understand how they can create responsible products. Further, different green projects covering both commercial and residential sectors have helped curtail negative impact on climate change. Read More @
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Environmental considerations play a significant role in this equation and can have an immediate effect on the business by looking at how waste and recycling are managed. Electronic devices of all kinds are in high demand worldwide in both residential and commercial settings. The global production and consumption of related devices have increased in response to the increased uptake of cutting-edge digital technologies, which has resulted in a significant amount of e-waste production. E-waste... [more]
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A company's energy use, waste, pollution, conservation of natural resources, and other environmental criteria are important categories when discussing lighting. Using this specific criterion, a company can also assess their environmental risks, and how those risks have been, are, or will be handled. There are many companies taking steps towards a more socially and environmentally conscious future, and they are starting with LED lighting. The conversion of an interior and exterior lighting... [more]
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Consumers are using reusable water bottles more frequently at work, school, college, and homes as a result of a shift in preference for a healthy lifestyle. Reusable water bottles also contribute to a decrease in landfills, which are a significant source of groundwater and subsurface pollution. Plastic debris collected in rivers, oceans, and streams, as well as toxic leaks into water bodies, are long-term ecological problems caused by the use of plastic bottles. Read More @
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The lithium-ion battery market is valued at USD 41.97 billion as of 2021 and is expected to expand at a compound annual growth rate of 18.1% by 2030. The market is expected to expand with the increase in demand which is in-turn driven by the adoption of Electric Vehicles. The manufacturing and production of lithium-ion batteries have gained traction, mainly due to the increased consumption of fossil fuels and the rate at which they are depleting. Read More @
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The global population is expected to reach almost 10 billion people by 2050, that presents an opportunity for companies in the market to capture this unprecedented energy consumption demand. This will be an existential challenge unless battery Industry leaders develop new technologies and sustainable business models that minimize greenhouse gases emissions. So, incorporating ESG is not only important in risk approaches, but it can also be looked like an emerging factor for the market growth.... [more]
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