Sustainable business https://business-spirit.news/ en Prosocial disruption delivered by a distillery in Dublin https://business-spirit.news/news/prosocial-disruption-delivered-by-a-distillery-in-dublin <div class="field field--name-title field--type-string field--label-hidden field--item"><span>Prosocial disruption delivered by a distillery in Dublin</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/prosocial-disruption-delivered-by-a-distillery-in-dublin" data-a2a-title="Prosocial disruption delivered by a distillery in Dublin"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/business-practice" hreflang="en">Business practice</a></div> <div class="field--item"><a href="/tag/sustainable-business" hreflang="en">Sustainable Business</a></div> <div class="field--item"><a href="/tag/social-innovation" hreflang="en">Social Innovation</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="Prosocial disruption delivered by a distillery in Dublin" title="Prosocial disruption delivered by a distillery in Dublin" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/1024.jpg?itok=-uOowJAW" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">Dublin-based company is changing industry practices by designing its spirits through the lenses of science, community and nature.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3034 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3035 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Viki Baird, Co-Founder of the <a href="https://stillgardendistillery.com/" target="_blank">Stillgarden Distillery</a>, explains their pro-social approach to building and running their business.</p> <p>She says, “We try to promote social activity but in a different way. For example, we transformed an area of wasteland which was near the distillery. It was full of all sorts of junk, and we turned it into a botanical garden and recruited several <strong>‘Social Botanists</strong>’ throughout the first Covid lockdown. We gave people growing kits, which they took away and grew the botanicals at home.”</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--3038 paragraph--width--full paragraph--style--42-58"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--3036 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/1025.jpg" width="789" height="1030" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">The Social Botanist project was launched by Stillgarden Distillery in Dublin. Image: Stillgarden Distillery</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3037 paragraph--width--full" style=""> <div class="paragraph__column"> <p>When the plants had outgrown the boxes, everyone returned and together with the organisers, they planted them in the botanical garden.</p> <p>After harvesting those botanicals, they collaborated with the botanists to create what they call a ‘Social Gin’.</p> <p>The distillery gave the botanists three different flavours to choose from, all made with the plants they had grown at home. In this way, local people are playing an essential part in creating this community-based drink.</p> <blockquote> <p>The company is on a mission to bring our spirit of prosocial disruption to the world through science, community and nature.</p> </blockquote> <p>Viki explains further: “The science component refers to the fact we have a lab here and lots of excellent equipment like an ultra-sonic ager, and stuff like that which allows us to create different and innovative products.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3039 paragraph--width--full" style=""> <div class="paragraph__column"> <p>About the nature side of things, one of our main community projects is the Social Botanist Project, which takes place weekly, so we get new people signing up. We also do on-site garden tours where people can come along for 10 euro, and for that price, they get to look at the garden and enjoy a free drink on our terrace.”</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-callout paragraph--view-mode--default paragraph--width--full callout-style--b" id="callout-3045"> <div class="paragraph__column"> <div class="callout-body"> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3044 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Viki details how the <a href="https://stillgarden21.wpengine.com/community-projects" target="_blank">Social Botanist Project</a> works:</p> <p>“We have hydroponic boxes, and we plant them up for people to take away. There are about eight different botanicals and a special light in each one which helps them grow quicker. It is vital that they grow quickly to enable people working on the same projects to keep up and meet up.</p> <p>While driving through this area, you can spot some of these boxes on people’s windowsills.</p> <p>For us, it means people are getting involved and also inspires us to look for other areas of wasteland where we can plant botanicals and engage more social botanists.”</p> </div> </div> </div> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--3043 paragraph--width--full paragraph--style--58-42"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3041 paragraph--width--full" style=""> <div class="paragraph__column"> <blockquote> <p>“We try to reuse as much as possible and use this mindset in every aspect of our business.</p> </blockquote> <p>This includes the packaging we get in, which we reuse where possible in our delivery system. Also, when we make our espresso martini, we take used coffee grains from local coffee shops and reuse those to create this specific drink.</p> <p>Some of our other gins utilise many healthy materials, which we dry after making our gin and use in tea bags. If there is something we can’t reuse from our ingredients, we give it to local farmers for chicken feed.”</p> <p>They also run a return your bottle scheme where they give people a discount if they return their bottle and their stopper, andreuse these items rather than put them into the bottle bank.</p> <p>Viki shares why they have taken this unique approach:</p> <p>“Because we are called Stillgarden, we always wanted to have a garden on our premises.</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--3042 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/1026.jpg" width="395" height="592" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Viki Baird, Co-Founder of the Stillgarden Distillery</div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3046 paragraph--width--full" style=""> <div class="paragraph__column"> <p>During the first Covid lockdown, people came to us, just chatting with us, saying they were bored and looking for something to do during the downtime.”</p> <p>Since they have reopened, there is a great variety of outdoor and indoor experiences that they can offer to visitors, including garden tours and gin tasting.</p> <p>Eventually, these projects inspired them to do their community-based projects, and the reaction to their efforts was overwhelmingly positive, getting great support from their customers and the local community.</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline image: Geraud Pfeiffer, Pexels</span></p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--3048 paragraph--width--full" style=""> <div class="paragraph__column"> <hr /> <p>This content is a piece of an article originally published in the <a href="https://business-spirit.news/shop/make-change-happen-winter-2021-22" target="_blank">"Make change happen</a>" issue of <a href="https://business-spirit.news/profit-with-purpose-magazine" target="_blank">Profit with Purpose Magazine</a>.</p> <p>The <a href="https://business-spirit.news/shop/city-next-summer-2022" target="_blank">Summer 2022 edition</a> of the magazine is focusing on making cities sustainable and inclusive, and is available <a href="https://business-spirit.news/shop/city-next-summer-2022" target="_blank">here &gt;&gt;&gt;</a></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2022. June</div> Tue, 21 Jun 2022 12:32:14 +0000 Bronagh Loughlin 233 at https://business-spirit.news New program preparing Dublin-based businesses for rapidly growing Green Economy https://business-spirit.news/news/new-program-preparing-dublin-based-businesses-for-rapidly-growing-green-economy <div class="field field--name-title field--type-string field--label-hidden field--item"><span>New program preparing Dublin-based businesses for rapidly growing Green Economy</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/new-program-preparing-dublin-based-businesses-for-rapidly-growing-green-economy" data-a2a-title="New program preparing Dublin-based businesses for rapidly growing Green Economy"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/tag/circular-economy" hreflang="en">Circular Economy</a></div> <div class="field--item"><a href="/tag/dublin" hreflang="en">Dublin</a></div> <div class="field--item"><a href="/tag/training" hreflang="en">Training</a></div> <div class="field--item"><a href="/tag/sustainability" hreflang="en">Sustainability</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/circular-economy" hreflang="en">Circular Economy</a></div> <div class="field--item"><a href="/topic/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Circular Economy" title="Circular Economy" class="img-responsive" src="/files/bsp-images/icons/54.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Event" title="Event" class="img-responsive" src="/files/bsp-images/icons/242.svg" loading="lazy" typeof="foaf:Image" /> <img alt="New program preparing Dublin-based businesses for rapidly growing Green Economy" title="New program preparing Dublin-based businesses for rapidly growing Green Economy" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/971.jpg?itok=T4RwJdJ4" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">Micro and small enterprises in Dublin can join a new Circular Economy training program to become more sustainable and unlock business potential.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2871 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2872 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The <a href="http://modos.ie/" target="_blank">MODOS Circular Economy</a> training and mentoring program provides practical knowledge and networking opportunities to SMEs in the Dublin City and Dún Laoghaire-Rathdown areas in March and April 2022.</p> <p>With business trends shifting rapidly towards sustainability, it is inevitable for all shapes and sizes of enterprises to take up this challenge and turn it into an opportunity for innovation and growth.</p> <p>The four interactive online training modules are designed to help embed sustainability into business strategy efficiently and effectively while fostering innovation and profitability.</p> <p>Up to twenty participants per program will learn from highly renowned experts about Circular Economy, carbon management, resource efficiency, supply chain sustainability, and engagement.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-callout paragraph--view-mode--default paragraph--width--full callout-style--b" id="callout-2874"> <div class="paragraph__column"> <div class="callout-body"> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2873 paragraph--width--full" style=""> <div class="paragraph__column"> <p>“MODOS helped me to apply circular economy principles in my business. I was able to appraise in real terms how small changes in processes can yield big results (and higher margins). Completing the <a href="https://www.localenterprise.ie/DublinCity/Training-Events/Management-Development/Modos-Circular-Economy-Dublin-Training-Programme-2022.html" target="_blank">MODOS program</a> was an important step in working towards the goal of carbon neutrality for my company,” says John Burke from Burke’s of Rathnew <a href="https://homevalue.ie/" target="_blank">Homevalue</a> business about his experience of the training.</p> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2875 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Besides the learning sessions, enterprises can benefit from networking, mentoring and an opportunity to promote their sustainability credentials.</p> <p>Free to join online information sessions will be held on 2nd and 3rd February 2022, where businesses can learn more insights.</p> <p>The program is designed for businesses active in all sectors who have been trading for a minimum of 6 months, with 1 to 250 employees.</p> <p>Kate Purcell from Green Aware, who participated in a previous MODOS training, said that</p> <blockquote> <p>’the information and guidance provided during MODOS were instantly practical’ and that ’the course resources are relevant to every organisation, no matter where they are on their sustainability journey.’</p> </blockquote> <p><a href="https://www.dublincity.ie/business" target="_blank">Dublin City Council</a> and <a href="https://www.dlrcoco.ie/" target="_blank">Dún Laoghaire-Rathdown County Council </a>brought the program to life in response to the challenges facing micro and small enterprises in building their capacity and understanding of Green Business and the Circular Economy.</p> <p>With funding from the Environmental Protection Agency, the cost of the programme is subsidised, making the course more accessible.</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline Image: <a href="https://unsplash.com/photos/VtKoSy_XzNU" target="_blank">LinkedIn Sales Solutions on Unsplash</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2022. January</div> Fri, 28 Jan 2022 12:51:15 +0000 Business Spirit Platform reporting 216 at https://business-spirit.news New action plan urges finance sector to scale nature-based investments https://business-spirit.news/news/new-action-plan-urges-finance-sector-to-scale-nature-based-investments <div class="field field--name-title field--type-string field--label-hidden field--item"><span>New action plan urges finance sector to scale nature-based investments</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/new-action-plan-urges-finance-sector-to-scale-nature-based-investments" data-a2a-title="New action plan urges finance sector to scale nature-based investments"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/tag/sustainable-business" hreflang="en">Sustainable Business</a></div> <div class="field--item"><a href="/tag/natural-capital" hreflang="en">Natural Capital</a></div> <div class="field--item"><a href="/tag/nature-based-solutions" hreflang="en">Nature-based Solutions</a></div> <div class="field--item"><a href="/tag/impact-investing" hreflang="en">Impact investing</a></div> <div class="field--item"><a href="/tag/investing" hreflang="en">Investing</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/investing" hreflang="en">Investing</a></div> <div class="field--item"><a href="/topic/natural-capital" hreflang="en">Natural Capital</a></div> <div class="field--item"><a href="/topic/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="New action plan urges finance sector to scale nature-based investments" title="New action plan urges finance sector to scale nature-based investments" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/906.jpg?itok=N4ksLV0A" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">‘Triple Crisis Action plan’ was launched to call upon investors to embrace natural capital solutions at scale to address climate challenges.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2763 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2764 paragraph--width--full" style=""> <div class="paragraph__column"> <p>A natural capital investment firm, <a href="https://cultivo.land/" target="_blank">Cultivo </a>launched a ‘Triple Crisis Action plan’ to call upon financial institutions, corporate investors and private capital to address the triple planetary crisis of global warming, biodiversity loss, and water stress.</p> <p>With this 5-step action plan, Cultivo wants to help unlock investment opportunities in nature at scale to address these emerging global threats.</p> <p>The company promotes the approach that natural capital is an emerging asset class that values the natural world.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2767 paragraph--width--full paragraph--style--66-33"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2766 paragraph--width--full" style=""> <div class="paragraph__column"> <p>In their opinion, this economic strategy makes it clear why a tree is worth more alive than dead.</p> <blockquote> <p>“The triple crises of climate change, biodiversity loss and water stress are interconnected, and we must address them together and with urgency.</p> </blockquote> <p>High-quality nature-based solutions can tackle these triple crises, and we need to unlock investment in nature at scale and at speed.</p> <p>It is critical we take a holistic approach when it comes to investing in nature,” says Dr Manuel Piñuela, Co-Founder and CEO of Cultivo, on why they created the action plan.</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2765 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/907.jpg" width="357" height="404" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Dr Manuel Piñuela, Co-Founder and CEO of Cultivo, Image: Cultivo</div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2768 paragraph--width--full" style=""> <div class="paragraph__column"> <p>In the light of the latest alarming <a href="https://www.ipcc.ch/report/ar6/wg1/" target="_blank">IPCC report</a> (Sixth Assessment Report), Dr Pinuela and his team felt the need to activate the finance sector and mobilise more private capital in investing in nature-based solutions.</p> <p>The <a href="https://www.ipcc.ch/" target="_blank">Intergovernmental Panel on Climate Change</a> (IPCC) is the UN body for assessing the science related to climate change.</p> <p>It provides political leaders with periodic scientific assessments concerning climate change, its implications and risks, as well as to put forward adaptation and mitigation strategies since 1988.</p> <p>The recent IPCC report provides new estimates of the chances of crossing the global warming level of 1.5°C in the following decades and finds that unless there are immediate, rapid and large-scale reductions in greenhouse gas emissions, limiting warming to close to 1.5°C or even 2°C will be beyond reach.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2771 paragraph--width--full paragraph--style--33-66"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2769 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/908.png" width="612" height="792" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">IPCC-2021 report, The Physical Science Basis Summary for Policymakers, Image: IPCC</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2770 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Dr Piñuela adds: “We hope that the hard-hitting nature of this year’s IPCC report helps galvanise us all into action and gives private financial institutions and corporations across the world the motivation to work with us and adopt the plan we are launching today.”</p> <p>According to Cultivo, research shows that by 2050, total investment needs for nature-based solutions will amount to USD 8.4 trillion cumulatively, reaching over USD 536 billion per year, four times the amount invested today.</p> <p>Currently, only 14% of finance for nature-based solutions comes from private capital.</p> <p>Therefore, scaling investment from private capital companies is essential to fill the trillions of dollars of financing needed.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2772 paragraph--width--full" style=""> <div class="paragraph__column"> <p>To bridge this gap, Cultivo is proposing a 5-step action plan for investors and private capital:</p> <ol> <li>Offer nature as an attractive asset for investment</li> <li>Use technology to reduce transaction costs and create market efficiencies</li> <li>Take a holistic approach</li> <li>Measure the right attributes, and choose the right standards</li> <li>Make data transparent</li> </ol> <p>One example of Cultivo’s Action Plan at work can be seen in Northern Mexico, where they are working with landowners to restore degraded land using Sustainable Grasslands Management.</p> <p>The project will reintroduce bison to the area, which is a step towards restoring the region to pre-human levels of biodiversity.</p> <p>The region acts as an international biodiversity corridor that serves as a habitat to species, such as an endemic subspecies of black bears, puma, wildcat, coyote, etc.</p> <p>Of the animals, 63 of these species are under some risk category, out of which 8 are endangered species.</p> <p>The restoration of grasslands will also generate certified carbon credits and means the project aligns to SDG goals related to Life on Land and Climate Action.</p> <p>Dr Piñuela and his team work passionately to prove that investing in natural capital can generate healthy financial returns for investors, nature and society.</p> <p>They use proprietary algorithms and technologies to find high-quality nature-based projects and then packages them into investment products targeted at financial institutions.</p> <p>Offsets generated by these projects are then sold, providing returns to investors and a long-term reliable income to landowners and local communities.</p> <p class="text-align-right"><span style="font-size:10px">Headline image: <a href="https://unsplash.com/photos/tGTVxeOr_Rs" target="_blank">niko photos on Unsplash</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2021. October</div> Fri, 08 Oct 2021 15:01:33 +0000 Business Spirit Platform reporting 206 at https://business-spirit.news 4 ways to fund your green business idea https://business-spirit.news/news/4-ways-to-fund-your-green-business-idea <div class="field field--name-title field--type-string field--label-hidden field--item"><span>4 ways to fund your green business idea</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/4-ways-to-fund-your-green-business-idea" data-a2a-title="4 ways to fund your green business idea"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/green-business" hreflang="en">Green Business</a></div> <div class="field--item"><a href="/tag/funding" hreflang="en">Funding</a></div> <div class="field--item"><a href="/tag/sustainable-business" hreflang="en">Sustainable Business</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/funding" hreflang="en">Funding</a></div> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="4 ways to fund your green business idea" title="4 ways to fund your green business idea" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/861.jpg?itok=EZgb2E8a" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">How to unlock funding opportunties to turn a green business idea into a reality?</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2713 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2714 paragraph--width--full" style=""> <div class="paragraph__column"> <p>An increasing number of entrepreneurs feel more empowered to launch their green businesses.</p> <p>In essence, a “green” company strives to positively impact the environment and community besides generating profit.</p> <p>The strategies and practices developed by green businesses are committed to lowering their overall environmental impact and building a more sustainable future.</p> <p>Aside from putting forward their sustainable beliefs and advocacies, green business owners are also tapping into a rapidly growing market.</p> <p>In fact, <a href="https://www.marketsandmarkets.com/Market-Reports/environmental-technology-market-109682606.html" target="_blank">Markets and Markets</a> note that the environmental technology market is expected to reach £502.94 billion by 2029, thanks to a compound annual growth rate of 4.6%.</p> <p>Besides, the <a href="https://business-spirit.news/news/fixing-nature-could-be-the-best-strategy-for-business" target="_blank">Convention on Biological Diversity’s Global Biodiversity Outlook 5</a> notes that businesses that recognise the importance of nature and protect it tend to perform better on the market.</p> <p>If green businesses are indeed the future and you have an idea that fits here, you would still need to know how to find funding for it. Here, we list four ways you can raise capital for your green business.</p> <p class="font-subtitle">Take out a small business loan ⁠</p> <p>The first option that most startups or early-stage businesses go for is to take out a small business loan.</p> <p>For one, small business loans have lower interest rates and more flexible terms than credit cards and other loans.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2717 paragraph--width--full paragraph--style--58-42"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2715 paragraph--width--full" style=""> <div class="paragraph__column"> <p>What’s more, you can take out a small business loan from a variety of financial institutions ⁠— from respected national banks to friendly credit unions.</p> <p>And many of these institutions offer loans to encourage small businesses.</p> <p>For example, <a href="https://www.growthbusiness.co.uk/hsbc-launches-green-loans-aimed-at-small-businesses-2556652/" target="_blank">HSBC launched a green loan</a> in excess of £300,000 for companies that put sustainability first. To be eligible, they need to provide green credentials.</p> <p>Small business loans are probably the easiest and fastest way you can access funding.</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2716 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/862.jpg" width="4990" height="3327" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Small business loans could help green businesses. Image: Unsplash</div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2718 paragraph--width--full" style=""> <div class="paragraph__column"> <p class="font-subtitle">Look for investors</p> <p>If you’re confident with your green business idea and it has the potential to scale, you should look for investors who can provide you with the necessary capital.</p> <blockquote> <p>The great thing about being funded by investors is that there are many ways people can support your business idea.</p> </blockquote> <p>For one, you can start a crowdfunding campaign where you bring awareness to your business idea and potentially gain numerous investors to pitch for your capital.</p> <p>You can also look for angel investors to fund your business idea as these individuals have a strong interest in innovative and transformative businesses.</p> <p>With a great pitch and robust business model, you will have a great chance of attracting suitable investors.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2719 paragraph--width--full" style=""> <div class="paragraph__column"> <p class="font-subtitle">Bootstrapping through investment opportunities</p> <p>If you don't have a good credit history, it can be challenging to get loans from banks or funding from investors, especially if you are a new business.</p> <p>If a financial institution or investor has turned you down, you can choose to finance your green business by looking for investment opportunities with high returns.</p> <p>For one, you can earn business capital by doing forex.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2722 paragraph--width--full paragraph--style--33-66"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2720 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/863.jpg" width="600" height="400" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Looking for investment opportunities with high returns is one option to kick-start a green business. Image: Unsplash</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2721 paragraph--width--full" style=""> <div class="paragraph__column"> <p><a href="https://smallbizclub.com/startup/funding-a-startup/use-forex-trading-finance-startup/" target="_blank">Small Biz Club</a> highlights how forex trading can help you save a nest egg to fund your business, as long as you take the time to learn the ins and outs of this investment opportunity.</p> <p>Thankfully, getting started with forex is easy since reliable trading platforms are available that will ease you into investing.</p> <p><a href="https://www.fxcm.com/uk/platforms/metatrader-4/download/">FXCM’s MetaTrader 4</a> can be easily downloaded and allows users to use a demo account to gain confidence before making any actual money trades.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2723 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Forex is a good way to create passive income that you can funnel into your green business.</p> <p>Another investment opportunity that can provide quick and high returns are short-term corporate bonds.</p> <p>Simply put, these are bonds issued by major corporations and pay interest at regular intervals every year.</p> <p>In addition, corporate bonds are incredibly liquid.</p> <p>They can be sold at any point before their maturity date ⁠— making them the perfect high-return investments for those who want to bootstrap their business.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2724 paragraph--width--full" style=""> <div class="paragraph__column"> <p class="font-subtitle">Open a high-yield savings account</p> <p>If you don’t want to go through impressing investors and are wary of taking out loans, you can save up your green business’s capital in a high-yield savings account.</p> <p>The interest you earn in a high yield savings account can be as much as 10 times the interest you earn with a traditional savings account.</p> <p>This makes high-yield savings account the perfect place to store your money when saving up for business capital.</p> <p>What’s more, the arrival of internet-only banks has raised the competition on savings rates, so you now have more choices when saving up capital for your green business.</p> <p>The only downside is that you will have to already have a large sum of initial funds for this to work.</p> <p> </p> <p>Looking into trends and markets, there is no doubt that green businesses will grow stronger and gain more ground.</p> <p>Finding the right funding is critical for entrepreneurs to start and scale their sustainable business ideas.</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline image: <a href="https://images.unsplash.com/photo-1520333789090-1afc82db536a">Unsplash</a></span></p> <hr /> <p> </p> <p><em><span style="font-size:11px">Collaborative Content - This content is part of a featured collaboration.</span></em></p> <p> </p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2021. September</div> Tue, 07 Sep 2021 15:34:47 +0000 Collaborative Content Studio 192 at https://business-spirit.news Work For Impact https://business-spirit.news/partner/work-for-impact <div class="field field--name-title field--type-string field--label-hidden field--item">Work For Impact</div> <div class="field field--name-field-image field--type-image field--label-hidden field--item"> <a href="/partner/work-for-impact" hreflang="en"><img alt="" title="" class="img-responsive" src="/files/styles/partner_full_page_logo/public/bsp-images/partner-logo/822.png?itok=BnJN9u7z" width="300" height="300" loading="lazy" typeof="foaf:Image" /> </a> </div> <div class="field field--name-field-partner-location field--type-entity-reference field--label-inline"> <div class="field--label">Location</div> <div class="field--item">Ireland</div> </div> <div class="field field--name-field-website field--type-link field--label-hidden field--item"><a href="https://www.workforimpact.com/" target="_blank">https://www.workforimpact.com/</a></div> <div class="field field--name-field-reach field--type-entity-reference field--label-inline"> <div class="field--label">Reach</div> <div>Global</div> </div> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>Work for Impact connects for-purpose companies to professional, specialised freelance talent around the globe.</p> <p>It is a freelance platform designed specifically for socially, environmentally responsible and nonprofit organizations.</p> <p>They offer organizations access to a talented workforce and provide exciting paid work opportunities to freelancers. By connecting these organizations with skilled individuals, they aim to bring life to meaningful projects that will have a positive impact on our world.</p></div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Focus</div> <div class="field--items"> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> <div class="field--item"><a href="/topic/sustainable-development-goals" hreflang="en">Sustainable Development Goals</a></div> <div class="field--item"><a href="/topic/workforce" hreflang="en">Workforce</a></div> <div class="field--item"><a href="/topic/freelancer" hreflang="en">Freelancer</a></div> <div class="field--item"><a href="/topic/talent" hreflang="en">Talent</a></div> <div class="field--item"><a href="/topic/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/topic/sustainability" hreflang="en">Sustainability</a></div> </div> </div> <div class="field field--name-field-platform-partner-categorie field--type-entity-reference field--label-above"> <div class="field--label">Platform :: Partner categories</div> <div class="field--items"> <div class="field--item"><a href="/taxonomy/term/829" hreflang="en">Networking | Events | Community</a></div> </div> </div> Wed, 18 Aug 2021 15:00:19 +0000 Szilvia Szabó 187 at https://business-spirit.news SX21 - The Sustainability Summit Earth https://business-spirit.news/partner/sx21-the-sustainability-summit-earth <div class="field field--name-title field--type-string field--label-hidden field--item">SX21 - The Sustainability Summit Earth</div> <div class="field field--name-field-image field--type-image field--label-hidden field--item"> <a href="/partner/sx21-the-sustainability-summit-earth" hreflang="en"><img alt="" title="" class="img-responsive" src="/files/styles/partner_full_page_logo/public/bsp-images/partner-logo/818.png?itok=1v6KYRQx" width="300" height="300" loading="lazy" typeof="foaf:Image" /> </a> </div> <div class="field field--name-field-partner-location field--type-entity-reference field--label-inline"> <div class="field--label">Location</div> <div class="field--item">Ireland</div> </div> <div class="field field--name-field-website field--type-link field--label-hidden field--item"><a href="https://thesustainabilitysummit.earth/" target="_blank">https://thesustainabilitysummit.earth/</a></div> <div class="field field--name-field-reach field--type-entity-reference field--label-inline"> <div class="field--label">Reach</div> <div>Global</div> </div> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>The Sustainability Summit Earth event aims to connect the greatest minds, industry champions, start-ups, investors, public sector officials, NGOs, and the academic sector to collaborate, share, learn and create for the long-term benefit of society, purpose, and the planet.</p> <p>Whether you're a student or a CEO, each of us has the power to be an agent of change. It’s time to re-imagine the future.</p></div> <div class="field field--name-field-active-projects field--type-entity-reference field--label-above"> <div class="field--label">Related news</div> <div class="field--items"> <div class="field--item"> <article role="article" about="/news/artists-joined-charity-auction-to-promote-and-support-sustainability-agenda" class="news teaser clearfix thumbnail"> <a href="/news/artists-joined-charity-auction-to-promote-and-support-sustainability-agenda"> <picture> <source srcset="/files/styles/event_news_teaser_header_lg/public/bsp-images/news/894.jpg?itok=Myuw5Btp 1x" media="(min-width: 1200px)" type="image/jpeg"/> <source srcset="/files/styles/event_news_teaser_header_md/public/bsp-images/news/894.jpg?itok=W_Nse9uk 1x" media="(min-width: 992px) and (max-width: 1199px)" type="image/jpeg"/> <source srcset="/files/styles/event_news_teaser_header_sm/public/bsp-images/news/894.jpg?itok=ZC7Kt_EE 1x" media="(min-width: 768px) and (max-width: 991px)" type="image/jpeg"/> <source srcset="/files/styles/event_news_teaser_header_xs/public/bsp-images/news/894.jpg?itok=bBTfMjrE 1x" media="(max-width: 767px)" type="image/jpeg"/> <img class="img-responsive" src="/files/styles/event_news_teaser_header_xs/public/bsp-images/news/894.jpg?itok=bBTfMjrE" alt="" typeof="foaf:Image" /> </picture> </a> <div class="content"> <h3><a href="/news/artists-joined-charity-auction-to-promote-and-support-sustainability-agenda" hreflang="en">Artists joined charity auction to promote and support sustainability agenda</a></h3> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">Artists are contributing to an auction to amplify the message of The Sustainability Summit Earth virtual event focusing on pressing environmental and social issues.</div> <div class="field field--name-field-category field--type-entity-reference field--label-hidden field--item"><a href="/category/inspire" hreflang="en">Inspire</a></div> </div> </article> </div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Focus</div> <div class="field--items"> <div class="field--item"><a href="/topic/sustainability" hreflang="en">Sustainability</a></div> <div class="field--item"><a href="/topic/event" hreflang="en">Event</a></div> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> <div class="field--item"><a href="/topic/sustainable-development-goals" hreflang="en">Sustainable Development Goals</a></div> <div class="field--item"><a href="/topic/climate-change" hreflang="en">Climate Change</a></div> <div class="field--item"><a href="/topic/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/topic/conference" hreflang="en">Conference</a></div> </div> </div> <div class="field field--name-field-platform-partner-categorie field--type-entity-reference field--label-above"> <div class="field--label">Platform :: Partner categories</div> <div class="field--items"> <div class="field--item"><a href="/taxonomy/term/829" hreflang="en">Networking | Events | Community</a></div> </div> </div> Wed, 18 Aug 2021 14:20:53 +0000 Szilvia Szabó 183 at https://business-spirit.news Impact Festival https://business-spirit.news/partner/impact-festival <div class="field field--name-title field--type-string field--label-hidden field--item">Impact Festival</div> <div class="field field--name-field-image field--type-image field--label-hidden field--item"> <a href="/partner/impact-festival" hreflang="en"><img alt="" title="" class="img-responsive" src="/files/styles/partner_full_page_logo/public/bsp-images/partner-logo/816.png?itok=3wc2BAlP" width="300" height="300" loading="lazy" typeof="foaf:Image" /> </a> </div> <div class="field field--name-field-partner-location field--type-entity-reference field--label-inline"> <div class="field--label">Location</div> <div class="field--item">Germany</div> </div> <div class="field field--name-field-website field--type-link field--label-hidden field--item"><a href="https://impact-festival.earth/" target="_blank">https://impact-festival.earth/</a></div> <div class="field field--name-field-reach field--type-entity-reference field--label-inline"> <div class="field--label">Reach</div> <div>Europe</div> </div> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>The Impact Festival is an international event that will present exciting and innovative technologies, a colourful and international gathering of the Green Tech players from different industries, with many visionaries and motivated changemakers.</p> <p>In addition to a wide range of sustainability discussions, visitors will also find special exhibits such as Africa GreenTec's Solartainer, premieres of new vehicle concepts and farming robots, as well as plastic-eating worms.</p></div> <div class="field field--name-field-active-projects field--type-entity-reference field--label-above"> <div class="field--label">Related news</div> <div class="field--items"> <div class="field--item"> <article role="article" about="/news/impact-in-the-making-online-matchmaking-event-for-green-tech-stakeholders" class="news teaser clearfix thumbnail"> <a href="/news/impact-in-the-making-online-matchmaking-event-for-green-tech-stakeholders"> <picture> <source srcset="/files/styles/event_news_teaser_header_lg/public/bsp-images/news/610.jpg?itok=MM1cENfP 1x" media="(min-width: 1200px)" type="image/jpeg"/> <source srcset="/files/styles/event_news_teaser_header_md/public/bsp-images/news/610.jpg?itok=JuO1fIgO 1x" media="(min-width: 992px) and (max-width: 1199px)" type="image/jpeg"/> <source srcset="/files/styles/event_news_teaser_header_sm/public/bsp-images/news/610.jpg?itok=5dp5NZtl 1x" media="(min-width: 768px) and (max-width: 991px)" type="image/jpeg"/> <source srcset="/files/styles/event_news_teaser_header_xs/public/bsp-images/news/610.jpg?itok=ew5cCgms 1x" media="(max-width: 767px)" type="image/jpeg"/> <img class="img-responsive" src="/files/styles/event_news_teaser_header_xs/public/bsp-images/news/610.jpg?itok=ew5cCgms" alt="" typeof="foaf:Image" /> </picture> </a> <div class="content"> <h3><a href="/news/impact-in-the-making-online-matchmaking-event-for-green-tech-stakeholders" hreflang="en">Impact in the making: online matchmaking event for green tech stakeholders </a></h3> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">Innovators can join the Impact Connect online matchmaking event to find partners, funding and network, while learning from inspiring changemakers. </div> <div class="field field--name-field-category field--type-entity-reference field--label-hidden field--item"><a href="/category/business" hreflang="en">Business</a></div> </div> </article> </div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Focus</div> <div class="field--items"> <div class="field--item"><a href="/topic/event" hreflang="en">Event</a></div> <div class="field--item"><a href="/topic/accelerator" hreflang="en">Accelerator</a></div> <div class="field--item"><a href="/topic/green-tech" hreflang="en">Green Tech</a></div> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> <div class="field--item"><a href="/topic/sustainable-development-goals" hreflang="en">Sustainable Development Goals</a></div> <div class="field--item"><a href="/topic/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/topic/conference" hreflang="en">Conference</a></div> </div> </div> <div class="field field--name-field-platform-partner-categorie field--type-entity-reference field--label-above"> <div class="field--label">Platform :: Partner categories</div> <div class="field--items"> <div class="field--item"><a href="/taxonomy/term/828" hreflang="en">Funding | Supports</a></div> <div class="field--item"><a href="/taxonomy/term/829" hreflang="en">Networking | Events | Community</a></div> </div> </div> Wed, 18 Aug 2021 11:34:11 +0000 Szilvia Szabó 181 at https://business-spirit.news Pioneering cosmetics brand becomes 5th highest scoring B Corp in the UK https://business-spirit.news/news/pioneering-cosmetics-brand-becomes-5th-highest-scoring-b-corp-in-the-uk <div class="field field--name-title field--type-string field--label-hidden field--item"><span>Pioneering cosmetics brand becomes 5th highest scoring B Corp in the UK</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/pioneering-cosmetics-brand-becomes-5th-highest-scoring-b-corp-in-the-uk" data-a2a-title="Pioneering cosmetics brand becomes 5th highest scoring B Corp in the UK"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/b-corp" hreflang="en">B Corp</a></div> <div class="field--item"><a href="/tag/uk" hreflang="en">UK</a></div> <div class="field--item"><a href="/tag/sustainable-business" hreflang="en">Sustainable Business</a></div> <div class="field--item"><a href="/tag/beauty-industry" hreflang="en">Beauty Industry</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/b-corporation" hreflang="en">B Corporation</a></div> <div class="field--item"><a href="/topic/uk" hreflang="en">UK</a></div> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="Pioneering cosmetics brand becomes 5th highest scoring B Corp in the UK" title="Pioneering cosmetics brand becomes 5th highest scoring B Corp in the UK" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/669.jpg?itok=S9AsfDlb" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">The Beauty Kitchen brand earns top B Corp rankings thanks to improved business sustainability initiatives</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2124 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2125 paragraph--width--full" style=""> <div class="paragraph__column"> <p>According to the recently published B Corp rankings, a sustainable cosmetics brand,<a href="https://beautykitchen.co.uk/" target="_blank"> Beauty Kitchen</a> scored highest in the UK’s beauty industry, becoming the 5th highest scoring B Corp overall in the UK.</p> <p>Certified B Corporations, also known as <a href="https://bcorporation.uk/" target="_blank">B Corps</a>, meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.</p> <p>Commenting on the ranking news, Co-Founder of Beauty Kitchen, Jo Chidley, said:</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2128 paragraph--width--full paragraph--style--58-42"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2126 paragraph--width--full" style=""> <div class="paragraph__column"> <blockquote> <p>“This is a big moment for us and the result of our team’s dedication to purposeful and sustainable business throughout the past four years, particularly during 2020.</p> </blockquote> <p>The important thing is that we keep focusing on how we can improve and continue to grow a sustainable community.”</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2127 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/670.jpg" width="750" height="500" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Jo Chidley, Co-Founder of Beauty Kitchen </div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2129 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Chidley started the business with her husband in 2014.</p> <p>She used her skills as a chemist, botanist and sustainability expert to grow the company from offering six products to produce over 120 products stocked in well-known high street stores.</p> <p>After becoming a B Corporation in 2017, Beauty Kitchen has constantly improved its business model to adopt sustainability initiatives, including gaining vegan, animal cruelty-free, and microplastic free certifications.</p> <p>Considering that 95% of beauty packaging is thrown away after one use, they introduced a groundbreaking sustainability program that promotes a ‘Return, Refill, Repeat’ approach to product use.</p> <p>This means that users are encouraged to send back empty bottles, tins, and the company manages to wash and reuse the packaging.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2132 paragraph--width--full paragraph--style--33-66"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2130 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/671.png" width="1182" height="1182" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">A ‘Return, Refill, Repeat’ approach to product use introduced by Beauty Kitchen</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2131 paragraph--width--full" style=""> <div class="paragraph__column"> <p>“Purpose, positive impact and sustainability leadership will always be our top focus.</p> <p>We are honoured to receive this recognition from B Corp, especially as they, like us, put people and planet before profit.</p> <p>The next step will be to make sure our #ReuseRevolution continues to grow and invite more brands to join our ‘Return, Refill, Repeat’ programme,” says Chidley about plans for the future.</p> <p>In particular, Beauty Kitchen has scored highly in the B Corp ranking thanks to a range of new initiatives and a sustainability-focused business model.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2133 paragraph--width--full" style=""> <div class="paragraph__column"> <p>B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.</p> <p>By harnessing the power of business, they use profits and growth as a means to a greater end: positive impact for their employees, communities, and the environment.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2134 paragraph--width--full" style=""> <div class="paragraph__column"> <p class="text-align-right"><span style="font-size:10px">Headline image: Photo by Karolina Grabowska from<a href="https://www.pexels.com/photo/crop-woman-applying-cream-on-hands-4210660/" target="_blank"> Pexels</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2021. July</div> Fri, 02 Jul 2021 11:32:43 +0000 Business Spirit Platform reporting 156 at https://business-spirit.news Activist Irish business challenges polluting toy industry practices https://business-spirit.news/news/activist-irish-business-challenges-polluting-toy-industry-practices <div class="field field--name-title field--type-string field--label-hidden field--item"><span>Activist Irish business challenges polluting toy industry practices</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/activist-irish-business-challenges-polluting-toy-industry-practices" data-a2a-title="Activist Irish business challenges polluting toy industry practices"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/business" hreflang="en">Business</a></div> <div class="field--item"><a href="/tag/business-practice" hreflang="en">Business practice</a></div> <div class="field--item"><a href="/tag/plastic-pollution" hreflang="en">Plastic Pollution</a></div> <div class="field--item"><a href="/tag/sustainability" hreflang="en">Sustainability</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> <div class="field--item"><a href="/topic/plastic-pollution" hreflang="en">Plastic pollution</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="Activist Irish business challenges polluting toy industry practices" title="Activist Irish business challenges polluting toy industry practices" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/632.jpeg?itok=BFEVm-A3" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">Fighting plastic pollution and the negative environmental impact of the toy industry is helping a small Irish company succeed.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2068 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2069 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Sharon Keilthy found shopping for her daughter frustrating because most toys were made of and wrapped in plastic.</p> <p>After discovering that there are minimal options out there to find eco-friendly alternatives, she decided to start her own company that focuses on retailing and distributing the earth-kindest toys across Ireland &amp; the UK.</p> <p>Sharon’s vision is to build an activist business, which challenges polluting toy industry practices while educates retailers and parents about the environmental impact of toys.</p> <p class="font-xs-text-center"><em>Interview with Irish entrepreneur, Sharon Keilthy, founder of <a href="https://jiminy.ie/" target="_blank">Jiminy Eco Toys</a></em></p> <hr /> <p>"Ever since having my daughter, I become more conscious of our environment, and as a parent, I was incredibly sick of the plastic-wrapped in plastic.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2072 paragraph--width--full paragraph--style--66-33"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2071 paragraph--width--full" style=""> <div class="paragraph__column"> <p>I went into toy stores one after the other, hoping to find something locally-made and plastic-free, and came out with a heavy heart and empty hands.</p> <p>I just couldn't buy it anymore.</p> <blockquote> <p>How can we expect people to choose a sustainable toy if they can't find one?</p> </blockquote> <p>I decided to do my bit by making eco toys more available by retailing and wholesaling them across the UK and Ireland.</p> <p>So, I created <a href="https://jiminy.ie/" target="_blank">Jiminy Eco Toys</a> in 2018, naming my business after Pinocchio’s conscience, Jiminy Cricket.</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2070 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/633.jpeg" width="1414" height="1414" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Sharon Keilthy , founder of Jiminy Eco Toys</div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2073 paragraph--width--full" style=""> <div class="paragraph__column"> <p class="font-greentitle">Facing reality</p> <p>When I went to my first toy trade fair in Spring 2019 - Toy Fair in London - it was a sea of ‘made-in-China plastic.</p> <p>With a big smile on my face, I asked each of the 220 exhibitors what they had that was plastic-free. 200 of them thought and said, "Nothing," with a chuckle and a shrug15 had hand-made wooden toys shipped 22,000km from Sri Lanka, Thailand.</p> <p>Only 5 had anything at all that was made in Europe and plastic-free.</p> <p>The daily newspaper covering the toy trade show had headlines like, "Plastic fantastic", and there was no narrative at all about sustainability.</p> <p>I was really shocked.</p> <p>A year later, when we exhibited there, we were the only eco-specialist exhibitor.</p> <p>I went around asking my question again, but most exhibitors were still not thinking about sustainability at all.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2074 paragraph--width--full" style=""> <div class="paragraph__column"> <p class="font-greentitle">Playing with plastic</p> <p>Sustainability is far from being implemented in this industry since 90% of the toys are made from plastic and about 80% of them are made in China, creating a massive carbon footprint besides emissions from production.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-callout paragraph--view-mode--default paragraph--width--full callout-style--b" id="callout-2076"> <div class="paragraph__column"> <div class="callout-body"> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2075 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The toy industry is huge and won’t change overnight.</p> <p>Still, we need to shine a light on practices that are not sustainable and threaten our future.</p> <blockquote> <p>After all, you are buying toys for the next generation while jeopardising their future by doing so, which is not what people who love their kids would do intentionally.</p> </blockquote> <p>We need more education, awareness and action to make this shift happen.</p> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2077 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The global toy industry's top 4 producers and top 4 polluters are Hasbro, Mattel, LEGO, and MGA (who make Bratz and LOL).</p> <p>LEGO is the only one with an announced vision to switch to plant-based plastic instead of petroleum-based. They're talking about 2030, and as of now, only 2% of their bricks have transitioned.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2080 paragraph--width--full paragraph--style--66-33"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2078 paragraph--width--full" style=""> <div class="paragraph__column"> <p>I wish their plan were faster, but at least they have one.</p> <p>The others have some vague lines about offsetting, claiming that "we'll switch to biodegradable wrappers", removing some plastic from packaging, a few token recycled plastic products - but I couldn’t find their vision for their own sustainable future.</p> <p>My sense is that the toy industry has been late to wake up.</p> <p>Although most people still want cheap plastic, there is a growing percentage of people who want to choose more sustainable options.</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2079 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/634.jpg" width="840" height="560" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Producing and delivering plastic toys creates massive carbon footprint; Image: Pexels</div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2081 paragraph--width--full" style=""> <div class="paragraph__column"> <p class="font-greentitle">Running an activist business</p> <p>I think an activist business is a great way to use your skills to change the world for the better.</p> <p>Although it has its challenges, like every other business, as an entrepreneur, I find that managing time is one the most complicated part of keeping a business running that relies on me.</p> <p>After successfully kicking off, I realised that I need to bring people on board who could help me grow my business and our impact.</p> <p>Currently, I’m looking for board members who have the wisdom and will to turn the tide on plastic in the toy industry while making it work as an enterprise.</p> <p>I run an activist business to offer better alternatives and encourage parents and suppliers to choose sustainably and become more conscious about the consequences of their choices.</p> <blockquote> <p>My vision is not to build an empire but to solve a problem with a business solution.</p> </blockquote> <p>On the other hand, the reward is when you have moments to experience the willingness to take the extra effort to change.</p> <p>The other week we received a handwritten envelope and note in the post. Inside was a clipping from a newspaper of an article about our plantable experience gift cards.</p> <p>The message said "4 cards please" with an address and a €20 note to cover the cost.</p> <p>It was a lovely flashback to simpler times, and we very joyfully fulfilled that order."</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline image: <a href="https://www.pexels.com/" target="_blank">Pexels</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2021. May</div> Fri, 28 May 2021 11:29:20 +0000 Anonymous 151 at https://business-spirit.news Irish entrepreneur disrupting the market with a simple circular idea https://business-spirit.news/news/irish-entrepreneur-disrupting-the-market-with-a-simple-circular-idea <div class="field field--name-title field--type-string field--label-hidden field--item"><span>Irish entrepreneur disrupting the market with a simple circular idea</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/irish-entrepreneur-disrupting-the-market-with-a-simple-circular-idea" data-a2a-title="Irish entrepreneur disrupting the market with a simple circular idea"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" 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class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/circular-economy" hreflang="en">Circular Economy</a></div> <div class="field--item"><a href="/tag/business-practice" hreflang="en">Business practice</a></div> <div class="field--item"><a href="/tag/ireland" hreflang="en">Ireland</a></div> <div class="field--item"><a href="/tag/smes" hreflang="en">SMEs</a></div> <div class="field--item"><a href="/tag/sustainable-fashion" hreflang="en">Sustainable fashion</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/circular-economy" hreflang="en">Circular Economy</a></div> <div class="field--item"><a href="/topic/sustainable-business" hreflang="en">Sustainable business</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Circular Economy" title="Circular Economy" class="img-responsive" src="/files/bsp-images/icons/54.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="Irish entrepreneur disrupting the market with a simple circular idea" title="Irish entrepreneur disrupting the market with a simple circular idea" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/578.jpg?itok=4NQcOrF5" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">A small business seamlessly translating the circular economy model into a gap-filling solution.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1835 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1836 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The early successes of the premium second-hand baby goods marketplace, <a href="https://kindora.shop/" target="_blank">Kindora</a>, suggest a significant market opportunity for businesses to offer cost-efficient and eco-conscious solutions.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--1839 paragraph--width--full paragraph--style--66-33"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1838 paragraph--width--full" style=""> <div class="paragraph__column"> <p>This up-and-coming business has launched in Ireland, seamlessly translating the circular economy model into a simple, yet, gap-filling business solution.</p> <p>Kindora is on a mission to help parents in Europe access the best products with a less negative impact on the environment or crippling families financially.</p> <p>Co-Founder Sarah Ouellette shares some insights about their initial idea of disrupting the baby goods market:</p> <p>“European parents are looking for sustainability paired with affordability.</p> <p>As I looked around our home, I saw that our child – not even a year old – was already leaving a trail of lovely, barely-used things.</p> <p>I searched for a marketplace where these top quality items could be bought, sold or even rented. When I didn’t find one, I decided I’d try to create one.”</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--1837 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/579.jpg" width="484" height="646" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Sarah Ouellette, Kindora Co-Founder, Image: Kindora</div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1842 paragraph--width--full" style=""> <div class="paragraph__column"> <p>In early development, Kindora conducted a survey of 100+ first time parents and parents-to-be in Ireland.</p> <blockquote> <p>71% said that positive impact on the environment would motivate them to buy second-hand items, and only 28% indicated cost savings as a factor.</p> </blockquote> <p>An interesting fact that an average new pram requires 16 different materials and is equivalent to making over a thousand disposable coffee cups as 33% of pram components are made of plastic.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-callout paragraph--view-mode--default paragraph--width--full callout-style--b" id="callout-1841"> <div class="paragraph__column"> <div class="callout-body"> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1840 paragraph--width--full" style=""> <div class="paragraph__column"> <p>However, Sarah realised early on that primary drawback for consumers when it comes to second-hand items is cleanliness, safety and quality control, which is why many businesses fear adopting a resale model.</p> </div> </div> </div> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--1845 paragraph--width--full paragraph--style--66-33"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1843 paragraph--width--full" style=""> <div class="paragraph__column"> <p>“We only deal in premium, trusted brands, and in items that are suitable for reuse.</p> <p>We screen and clean every item before we send it off to its new home.</p> <p>We check it, take it apart, give it a hospital-grade cleaning, and reassemble it.</p> <p>As parents, we knew that’s what it would take to give us peace of mind,” says Sarah about their process of handling second-hand items.</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--1844 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/580.jpg" width="800" height="600" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Analysing products best resale value and lifespan help parents to buy better and buy less. Image: Kindora</div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1846 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Besides addressing these concerns they set out to analyse what products have the best resale value, the longest lifespan to help parents buy better and buy less, essentially to do the right thing, the easy thing.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--1847 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Adopting the circular economy approach could be an exciting market opportunity for startups and SMEs, given the forecasted market growth and consumer behaviours changes.</p> <p>Second-hand fashion is expected to gain huge popularity in the coming years as more and more consumers realise the importance of sustainability.</p> <p>A <a href="https://www.thredup.com/resale/" target="_blank">2020 report by ThredUp</a> found that the second-hand market is set to hit $64 billion within the next five years, and leading this growth is the resale sector.</p> <p>Beyond the environmental benefits of adopting a circular economy approach, there are many other benefits for a business.</p> <p>For one thing, the increasing scarcity of non-renewable resources, ie. Fossil fuels, minerals and metals result in higher resource prices and price volatility.</p> <blockquote> <p>By adopting a circular economy model, businesses can lower the number of materials they need while still meeting their customers’ needs.</p> </blockquote> <p>Another way the circular economy benefits business is by ultimately giving you a green image and better positioning of your brand.</p> <p>Consumers are becoming increasingly aware of the environmental impact of the products they purchase. As a result, they are aligning their purchasing decisions with their sustainability values.</p> <p>Thinking circular in a business is like looking through a new lens at its operations and revenue model.</p> <p>This could provide new insights and therefore, stimulate innovation while also offering an opportunity for growth by exploring new niches, which are ideal for startups and SMEs.</p> <p> </p> </div> </div> <div>Footer</div> Circular Economy business case <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2021. February</div> Wed, 17 Feb 2021 18:42:52 +0000 Bronagh Loughlin 131 at https://business-spirit.news