The Supply Chain Climate Stack
GoodOps’ “Transforming Supply Chains with Cleantech and Innovation” panel during SF Climate Week explored the strategic imperative for adopting the “Supply Chain Climate Stack” in enterprise operations. Companies powered by these technologies will be the most successful in building long term resilience, improving risk mitigation, increasing productivity, and reducing costs in an uncertain future. Our CEO & Founder panel from Mango Materials, Skyven Technologies, Artyc, and GlacierGrid illustrate the future we need to build:
SOURCING | Mango Materials | Molly Morse, CEO & Founder
Mango Materials transforms methane emissions, a potent greenhouse gas, into biodegradable polymers. By disrupting the conventional plastic supply chain, Mango Materials not only mitigates environmental harm but also fosters resilience by diversifying feedstock sources. Their innovative approach underscores the importance of sustainable sourcing in building a robust supply chain foundation.
MANUFACTURING | Skyven Technologies | Arun Gupta, CEO & Founder
Skyven Technologies, who just received $145M from the DOE, contributes to another layer of the Supply Chain Climate Stack by offering solar-powered solutions for industrial heating. By harnessing renewable energy, Skyven reduces reliance on fossil fuels, enhancing manufacturing sustainability and resilience. Their integration into the supply chain climate stack demonstrates how manufacturing can align with environmental goals to mitigate climate risks.
LOGISTICS | Artyc | Hannah Sieber, CEO & Co-Founder
Artyc plays a pivotal role in the Supply Chain Climate Stack by optimizing cold chain logistics with AI-driven temperature monitoring and control. By minimizing temperature excursions and food waste, Artyc enhances supply chain resilience while mitigating climate-related risks. Their solution underscores the importance of climate-conscious logistics in safeguarding perishable goods and ensuring supply chain continuity.
SITE OPERATIONS | GlacierGrid | Manik Suri, CEO & Founder
GlacierGrid ascends the top layer of the Supply Chain Climate Stack by optimizing data center cooling with thermal energy storage technology. By reducing energy consumption and enhancing resilience to climate events, GlacierGrid strengthens the sustainability of site operations. Their contribution highlights the critical role of sustainable infrastructure in building climate-resilient supply chains.
The Supply Chain Climate Stack – A Business Imperative
As companies confront the uncertainties of a changing climate, embracing the Supply Chain Climate Stack is imperative for building resilience and risk mitigation. Startups like Mango Materials, Skyven Technologies, Artyc, and GlacierGrid exemplify the integration of sustainability into each layer of the supply chain. By adopting innovative solutions and collaborating across industries, businesses can navigate climate challenges while driving environmental progress. As we ascend the Supply Chain Climate Stack, let us forge a path towards a future where sustainability and resilience are synonymous with business success.
Thank you Dasha Shunina, Founder @ Women Tech Meetup for moderating & Werqwise for hosting us!
Full Panel: https://lnkd.in/gJ-vFJey
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Fashion’s Downfall
“Above all we understood we went way too far. Our reckless actions have burned the house we live in,” says Gucci creative director, Alessandro Michele.
Angeli Mehta explores the troubling reality facing the fashion industry in her recent article in Ethical Corporation: “‘Pandemic forces fashion industry to take stock.”
The dire conditions facing manufacturing communities, due to abrupt cancellations of apparel orders from global brands, is accelerating the already critical crisis.
Highlights from the report include:
- The average market capitalization of apparel, fashion and luxury brands dropped almost 40% in the year to the end of March.
- McKinsey expects “a large number” of global fashion companies will go bankrupt in the next 12 to 18 months.
- In 2016, WRAP estimated the fashion industry global supply chain waste was 800,000 tonnes, even before any clothing reached the consumer. In the UK alone that year 300,000 tonnes of clothing went to landfill.
- The industry accounts for 10% of global carbon emissions.
- McKinsey’s survey of North American and western European sourcing executives reveals not all brands are taking steps to support their supplier base. And only 19% are providing pre-payment for orders, even though 64% of respondents said this action would have a significant impact.
- The pandemic has increased consumer interest in sustainability: a survey of consumers carried out in Europe and the US in March suggested 20% of them want to support local business, and in Europe 16% said they’d be buying more socially and ecologically sustainable clothing in future.
- Consumers have also taken note of efforts by brands to look after their employees, contributing items like PPE, or donating to their communities.
- The Textile Recycling Association fears that unsold stock will take the place of secondhand clothing in many markets in eastern Europe.
Read more here: https://bit.ly/2AwaaVw
White Paper: Food Systems
NextGenChef’s white paper, The State and Future of the Food System post-COVID-19, explores today’s most pressing questions.
COVID-19 has exposed the weak points in the U.S. food supply chain, raising fears of food shortage among consumers. The disruptions have drawn widespread attention to the problems that entrench the food industry, simultaneously urging the country to reflect on sustainable alternatives.
As consumers alter shopping behavior, suppliers run low on supply, and logistics buckle under pressure, brands who will emerge as winners will be the ones who lead with environmentally and socially responsible operations.
In this NextGenChef whitepaper, the team speaks with eight industry experts across the country, including senior supply chain consultants and CEOs who represent more than 180 organizations to uncover how COVID-19 has changed the food supply chain.
GoodOps’ CEO, Divya Demato, touches upon the importance of DTC food models and how the path to resiliency lies in supplier recovery.
Read on for exclusive industry insights here https://go.aws/2CdRJVU
Webinar: FASHINNOVATION Worldwide Talks
FASHINNOVATION’s Worldwide Talks 2020 panel on Supply Chain and Circular Economy explores the role of equal justice, standardizing sustainability metrics, power of being an early adopter of ESG and future trends like plant-based materials.
Panelists:
- Divya Demato | CEO, GoodOps
- Stephanie Benedetto | CEO, Queen of Raw
- Jessica Schreiber | CEO, FABSCRAP
- Ilka Jordan | CEO, Jordan Alliance Group
- Andrea Kennedy | Asst. Professor, LIM College
Watch the full panel here: https://lnkd.in/djH-xNv