Fortune’s 10th annual Change the World list spotlights companies making a positive impact on the world. This year’s list is led by space innovators like SpaceX, GHGSat, and Rocket Lab, who are tackling climate change and the digital divide. The list also highlights technology companies utilizing AI for social good, and companies promoting civic engagement like Levi Strauss.
Blue Lagoon Island’s Project B.E.A.C.H. brought together hundreds of Bahamians for the annual International Coastal Cleanup, focusing on restoring mangroves and removing debris from South Beach, highlighting the persistent issue of illegal dumping.
The global banana paper market is experiencing robust growth, driven by the increasing demand for sustainable and eco-friendly packaging solutions. This shift towards sustainable options, particularly in the packaging industry, is a direct response to the detrimental effects of plastic waste on the environment and consumer health. The banana paper market is expected to continue its upward trajectory as consumers prioritize eco-friendly choices and businesses seek innovative, sustainable alternatives to traditional paper products.
The global food waste management market is poised for substantial growth, with projections of reaching USD 9.13 billion by 2028. This surge is driven by rising awareness of environmental concerns and the growing popularity of sustainable practices. The report highlights the role of emerging startups and technological advancements in driving innovation within the industry.
Veralto, a global leader in essential water and product quality solutions, has declared a quarterly cash dividend of $0.09 per share, payable on October 31, 2024, to shareholders of record as of September 27, 2024. This announcement highlights Veralto’s commitment to shareholder value and its strong financial performance.
Asyad Group, OQ Alternative Energy, and Sumitomo Corporation Middle East are collaborating to explore the potential of establishing Oman as a global leader in low-carbon fuels for marine bunkering. The initiative leverages Oman’s abundant renewable energy resources and strategic location to position the country as a key player in the global transition towards sustainable shipping practices.
Reunion, a leading clean energy finance company, has facilitated the purchase and sale of over $1.6 billion in clean energy tax credits through Q3 2024. The company has seen significant growth in the market, driven by increased demand for high-quality opportunities from corporations across various industries.
Novonesis, a global leader in biosolutions, has been recognized by the U.S. Environmental Protection Agency (EPA) as a 2024 Safer Choice Partner of the Year for the fourth consecutive year. The company’s commitment to safer chemistry and sustainability is showcased through its development of six new Safer Choice-certified products, including Carezyme® Elite, which helps extend the life of clothing and reduce textile waste. This award highlights Novonesis’ dedication to creating high-performance, cost-effective biological ingredients that meet stringent safety and sustainability standards.
The European Commission faces mounting pressure from trading partners and conservative lawmakers to delay the implementation of a ban on imports of goods linked to deforestation, scheduled for January. The EU insists on proceeding with the ban, but concerns about its impact on businesses and supply chains are growing.
A new white paper by The Brattle Group examines the potential benefits and drawbacks of allowing utilities to own and develop renewable energy assets in New York State. The study finds that utility ownership could accelerate renewable energy development and potentially save customers money, but also highlights potential risks like cost overruns.
