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NEW REPORT HIGHLIGHTS PATHWAYS TO A SUSTAINABLE FUTURE FOR THE FOOD AND BEVERAGE INDUSTRY

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OSLO, Norway, Dec. 9, 2024 /PRNewswire/ — DNV, the independent assurance and risk management provider, published a new report highlighting the urgent need for the food and beverage sector to transform its supply chains to meet sustainability demands amid global challenges like climate change, regulatory shifts, and evolving consumer expectations.

The report ‘The Future of Sustainable Food Supply Chains: Spotlight on Europe’s Food and Beverage Industry‘ reveals that sustainability has become the number one supply chain priority for food and beverage companies, with 75% ranking it among their top three goals, ahead of cost efficiency (63%) and regulatory compliance (49%).

To succeed, companies must adopt a holistic approach that integrates visibility, digital transformation, and compliance with emerging regulations.

With food systems accounting for a third of global carbon emissions, the report identifies critical areas where the industry must focus to balance environmental responsibility, cost-efficiency, and compliance with increasingly stringent regulations.

The report’s key findings on critical challenges facing food and beverage supply chains include:

  • Digital transformation as a catalyst: The adoption of digital tools such as supply chain traceability, connected product passport as well as supply chain risk management platforms is gaining momentum, but the sector lags behind others in integrating key technologies. A focus on verifiable and trusted data, as well as ease of use across all supply chain actors is essential to enable transparency and cost-effective compliance.
  • Evolving regulatory landscape: New EU directives, including the Corporate Sustainability Due Diligence Directive and the Packaging Waste Directive, are driving companies to address sustainability comprehensively, from carbon footprints to human rights concerns.
  • Consumer and retailer influence: Today’s informed consumers demand sustainable and transparent food production practices and are willing to pay a premium for products aligned with their values. Retailers, especially those with private labels, are pushing for deeper collaboration with suppliers to meet these expectations.

“The food and beverage industry faces an era of significant transformation as sustainability within the entire supply chain becomes an urgent priority. Global disruptions, including the COVID-19 pandemic, geopolitical tensions, and the growing impact of climate change, have intensified existing challenges while introducing new complexities to the industry’s supply chains,” said Geir Fuglerud, CEO – Supply Chain & Product Assurance at DNV. “This report is a blueprint for companies to address the challenges ahead, leveraging digital innovation to balance cost-efficiency and environmental responsibility.”

While digital transformation is crucial for creating lean and green supply chains, the report’s findings highlight that it must be coupled with robust methodologies for data collection and verification. Technologies like AI offer immense potential to enhance visibility and traceability, but fragmented standards and siloed data systems remain key barriers.

As climate change accelerates and global populations grow, the food and beverage sector must embrace a holistic, technology-driven approach to sustainability. Collaboration across the supply chain, bolstered by strategic partnerships and adherence to rigorous standards, will be essential in shaping a more sustainable and efficient future.

For the full report, please visit: https://www.dnv.com/about/supplychain/the-future-of-sustainable-food-supply-chains-spotlight-on-europes-food-and-beverage-industry/

About DNV  

DNV is an independent assurance and risk management provider, operating in more than 100 countries. Through assessment and digital assurance solutions, DNV helps companies build trust and transparency around products, assets, supply chains and ecosystems.   

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Whether certifying products, verifying claims or optimizing and decarbonizing supply chains, DNV helps companies manage risks and realize their long-term strategic goals, improving ESG performance and generating lasting, sustainable results.

Combining sustainability, supply chain and digital expertise, DNV works to create new assurance models enabling traceability and transparency across value chains. Drawing on its wide technical and industry expertise, DNV works with companies worldwide to bridge trust gaps among consumers, producers and suppliers.

Driven by its purpose, to safeguard life, property, and the environment, DNV helps tackle the challenges and global transformations facing its customers and the world today and is a trusted voice for many of the world’s most successful and forward-thinking companies.

Learn more at www.dnv.com/about/supplychain/

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Five Companies Honored with 2025 Catalyst Award for Driving Representation and Inclusion for Women

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CIBC, JDE Peet’s, KPMG, McCarthy Tétrault, and Sanofi to Be Recognized at Annual Gender Equity Conference and Dinner

NEW YORK, Dec. 12, 2024 /PRNewswire/ — CIBC, JDE Peet’s, KPMG, McCarthy Tétrault, and Sanofi are advancing women and inclusion through their best-in-class workplace initiatives. Catalyst, the global nonprofit promoting gender equity and workplace inclusion, will honor them with the 2025 Catalyst Award at the Catalyst Awards Conference & Dinner on 11 March 2025.

Since 1987, the Catalyst Award has recognized 115 initiatives at 102 organizations from around the world. Catalyst Award Winners lead a community of forward-thinking organizations that are developing new and innovative ways to advance talent and strengthen their organizations.

“This is exactly what building workplaces that work for women looks like in action,” said Jennifer McCollum, President and CEO of Catalyst. “These Catalyst Award-winning initiatives prove what is possible when organizations prioritize gender equity and inclusion in their workplaces with intention and investment. While progress for women is slow and stalling globally, these five companies show us how to turn that tide by implementing programs that are good for their business, their employees, and their communities.”

The 2025 Catalyst Award-winning initiatives are:

CIBC
Leading with Inclusion

CIBC, a North American financial institution, emphasizes inclusion as a business strategy. Their Leading with Inclusion initiative helped increase women’s representation by 7 percentage points among senior managers globally at the company, from 33% in 2019 to close to 40% in 2023. Representation of both women of color and other employees from talent segments historically underrepresented in the financial services industry also increased.

“At CIBC, inclusion is a cornerstone of our bank,” said Victor Dodig, President and CEO of CIBC. “Building an inclusive culture that reflects the clients and communities we serve allows for unique perspectives, experiences, and drives innovative solutions. Our entire CIBC team is honored to receive the 2025 Catalyst Award, which is a testament to our bank’s commitment to building an inclusive workplace and advancing opportunity across our industry.”

JDE Peet’s
TrueYOU: Standing Together in Our Differences

A strong governance structure guides and cascades the TrueYou: Standing Together in Our Differences strategy at JDE Peet’s, a global leader in the coffee and tea industry. Through its initiative, JDE Peet’s saw an increase in women’s representation globally from 25% to 36.4% (11.4 percentage points) on the Executive Committee, from 37.2% to 41.5% (4.3 percentage points) on the Global Leadership Team and from 23.1% to 38.5% (15.4 percentage points) on the Board of Directors.

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“At JDE Peet’s, we’re creating a future that authentically serves, reflects, and embraces everyone,” said Rafa Oliveira, CEO of JDE Peet’s. “Our commitment to diversity, equity, and inclusion — guided by our belief in ‘standing together in our differences’ — has fostered a workplace where everyone can bring their true selves to work. We are honored to see our progress recognized by Catalyst, and it is a powerful reminder that while we celebrate milestones, our journey continues, and when we unleash our full potential, we succeed as a team.”

KPMG
KPMG Accelerate

The prioritization of inclusive, diverse teams is a part of every business function throughout KPMG LLP (KPMG), the US audit, tax, and advisory firm. It is embedded not only through the governance structure and accountability mechanisms, but also through talent management. From 2014 to 2023, women’s representation increased at almost every level, including a 37.8-point increase from 22.2% to 60% in the C-suite and an 8.3-point increase from 25% to 33.3% on the Board of Directors. Representation of women of color also increased at nearly every level.

“We are incredibly proud of our efforts to advance women at all levels of our business,” said Paul Knopp, Chair and CEO of KPMG LLP. “When we bring the best people together from all backgrounds, we enhance the experience and results for our people and our clients for the long-term. By recognizing and celebrating the impactful contributions of our workforce we create a culture that lifts up everyone. This award serves as a testament to the tremendous efforts of our people and the progress we’ve made, and it inspires us to continue building a workplace where everyone feels valued and respected.”

McCarthy Tétrault
Inclusion Now

Canada-based law firm McCarthy Tétrault’s Inclusion Now strategy focuses on recruitment, retention, and advancement and has developed innovative ways of addressing obstacles to inclusion in the legal sector. Through its initiative, it increased the representation of women across the firm by 11.2 points, from 51.3% in 2019 to 62.6% in 2024.

“At McCarthy Tétrault, the collective commitment of our people to our core values has been the key to our success,” said Dave Leonard, CEO of McCarthy Tétrault. “It has allowed us to make equity, diversity, and inclusion part of what it means to be a member of our firm. Our Inclusion Now strategy enables us to focus on improving our diversity and providing an inclusive workplace for our people. Equity, diversity, and inclusion will continue to be a key part of our identity. The pursuit of gender equality in our profession continues to be a journey. We are making progress, but more needs to be done. We are honored to receive this recognition.”

Sanofi
Diversity Edge

Global healthcare company Sanofi’s Diversity Edge initiative’s dedicated policies and programs have driven a transformation internally to make it a model of inclusion. Since its gender balance ambition was launched, Sanofi saw an 8.6-point increase in women’s representation. Women currently make up 42% of executives and hold 45% of senior leadership positions.

“As a purpose-driven healthcare company chasing the miracles of science to improve people’s lives, the evolution of our organization must reflect the evolution of our society,” said Paul Hudson, CEO of Sanofi. “It’s an honor to receive the Catalyst Award, a recognition owed to our incredible teams who show up every day with the courage to create positive change in and beyond the workplace. I’m proud of the progress we are making to foster a more diverse, equitable, and inclusive culture. While there is still work to be done, I am confident we are headed in the right direction.” 

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A transformative learning and community-building experience dedicated to championing inclusive workplaces for women, the 2025 Catalyst Awards Conference & Dinner will take place in person at the New York Hilton Midtown in New York City and online.

Ticket packages and individual tickets are on sale now for both the Conference and Dinner events on 11 March.

About Catalyst

Catalyst is a global nonprofit supported by many of the world’s most powerful CEOs and leading companies to help build workplaces that work for women. Founded in 1962, Catalyst drives change with preeminent thought leadership, actionable solutions, and a galvanized community of multinational corporations to accelerate and advance women into leadership — because progress for women is progress for everyone.

Contact:
Mariana Vanin
Director, Global Communications
Catalyst
[email protected]

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Kazakh Activists Launch Global Movement to Save the Caspian Sea

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ALMATY, Kazakhstan, Dec. 12, 2024 /PRNewswire/ — Kazakh environmental activists, scientists, and thought leaders are calling on the international community to address the unfolding ecological crisis of the Caspian Sea with the launch of a new global movement, Save the Caspian Sea.

Once the largest enclosed inland body of water, supporting over 270 million people across Russia, Kazakhstan, Turkmenistan, Iran, and Azerbaijan, the Caspian Sea is now in peril. Water levels are dropping at an alarming rate of 70 centimeters per year, with parts of Kazakhstan already witnessing shoreline retreats of up to 18 kilometers. By the end of the century, the sea could shrink by another 18 meters, bringing catastrophic consequences to coastal communities, local economies, and ecosystems dependent on this vital resource. The crisis is already evident in the mass die-off of rare Caspian seals, with over 4,000 carcasses discovered in just the past two years, a grim indicator of the environmental disaster unfolding.

“Despite years of discussions, conferences, and isolated NGO efforts, the situation is worsening. The Caspian Sea is at a critical turning point, and the choices we make now will define its future. It’s time for all stakeholders—governments, industries, and communities—to come together in a coordinated effort to safeguard this unique and vital ecosystem,” said Vadim Ni, environmental and climate law attorney, director of the Social and Environmental Fund, and founder of Save the Caspian Sea. “We are committed to fostering collaboration, transparency, and meaningful investments to ensure the Caspian Sea remains a source of life and prosperity for generations to come.”

The movement draws strength from its global network of partners and supporters. Among them are Kate Watters of Crude Accountability, Galina Chernova of NGO Globus Centre for Environmental Law Initiative, and Tatyana Sedova from the Extractive Industries Transparency Initiative (EITI). These partners bring expertise in corporate accountability, biodiversity conservation, and transparent governance to the campaign. “We are leveraging global expertise and resources to address this crisis and demand justice, transparency, and preservation for one of the world’s most significant ecosystems,” said Kate Watters, Executive Director of Crude Accountability.

Speaking at the movement’s launch event, Galina Chernova, a leading environmental expert and a key advocate for the campaign, emphasized the urgency of global action. “The Caspian Sea is not just a regional issue; it is a global crisis. What happens here affects ecosystems, economies, and people far beyond its shores. We are at a crossroads. This campaign is not just about saving water or wildlife—it’s about protecting livelihoods, cultural heritage, and the natural balance of our planet. Together, we can turn the tide.”

As part of its action plan, Save the Caspian Sea will focus on coordinating and promoting conservation research to inform sustainable policies and practices. The movement will also prioritize fundraising for restoration initiatives aimed at mitigating biodiversity loss and reversing environmental degradation. Additionally, it will organize international events and awareness campaigns to engage stakeholders and amplify the urgency of protecting the Caspian Sea. Finally, it seeks to develop partnerships with governments, NGOs, and corporations to foster collaborative solutions.

Save the Caspian Sea aims to engage millions worldwide through a global awareness campaign, amplified by the hashtag #SaveTheCaspian across social and traditional media platforms. By galvanizing public support, the movement seeks to pressure decision-makers into prioritizing urgent preservation efforts for this critical ecosystem.

For more information about the movement, how to get involved, or to arrange interviews with key campaign figures, please visit www.savethecaspiansea.com or contact [email protected]

About Save the Caspian Sea (SCS)

The Save the Caspian Sea (SCS) is an international movement dedicated to addressing the environmental challenges facing the Caspian Sea. Through advocacy, education, and collaboration, the campaign aims to preserve the sea’s unique ecosystem and ensure a sustainable future for the millions of people who depend on it.

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HashKey Chain Launches $50 Million Atlas Grant Program to Empower Global Web3 Developers

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HONG KONG, Dec. 12, 2024 /PRNewswire/ — On December 10, HashKey Chain announced the $50 million Atlas Grant Program to support global Web3 projects. This initiative aims to drive innovation in the OP Stack ecosystem, accelerate HashKey Chain’s application layer growth, and boost on-chain adoption.

HashKey Chain leverages OP Stack technology to enhance transaction speed and reduce fees. This open-source framework powers Optimism’s L2 Rollup and allows developers to build customizable Layer 2 blockchains with Ethereum’s security.

The grant pool includes $50 million in HSK tokens, with $10 million allocated initially. Funding is tied to milestone achievements by developers and teams building on HashKey Chain.

Key Areas of Focus:

  • RWA (Real-World Assets): Tokenization of financial assets for liquidity and transparency.
  • PayFi, stablecoins, and BTCFi: Driving blockchain adoption in finance.

Hong Kong’s role as a financial hub makes it ideal for RWA tokenization, aligning with HashKey Chain’s compliance-focused strategy to bring traditional financial products on-chain.

CEO Statement:
“We are excited to announce the $50 million Atlas Grant Program to the global market,” said Kay, CEO of HashKey Chain. “We hope individuals, teams, and organizations joining the HashKey Chain ecosystem share a strong confidence in the future of the crypto industry. Together with HashKey Chain, we aim to build a thriving and open Web3 ecosystem, creating groundbreaking applications with real traction across major blockchains while achieving meaningful returns in the process.”

The first phase allocates $10 million in HSK tokens, with applications open from December 10, 2024, to January 10, 2025. Grant recipients will be announced on January 20, 2025.

X:@HashKeyHSK

Application: https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1

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