Better Business

  1. Better Business
  2. Business
  3. Profit

This week, I had the chance to sit down with Madison Rifkin, founder of Mount. Mount is a SaaS platform that enables private property (think airbnb) to launch, track and monetize their guest amenities. Those amenities can include things like bikes and e-scooters.

Mount allows travelers to use more sustainable modes of short distance travel in place of ubers or car rentals. And it accomplishes this without causing a scooter-frenzied-tourist headache for city administrators, because all of the equipment is completely owned and controlled by the host.

If you'd like to learn more about Mount and how they're disrupting the hospitality industry, check out the full Q&A below.

Check out our full interview.

  1. Better Brands
  2. Better Business
  3. Business
  4. Profit
Busy? Try the speed read.

Big picture: GM announced plans to release an electric Hummer in 2023. It got me thinking, is it time to make the switch to electric vehicles?

Benefit of electric vehicles:

  1. Lower carbon footprint... social impact ✓
  2. Lower maintenance costs... convenience factor ✓
  3. Tax credits... financial incentive ✓

Cost of electric vehicles:

  1. EVs require minerals like cobalt and lithium to function. Mineral mining is a tough industry with poor standards in developing countries like Bolivia and Chile. Organizations are working to change that.
  2. Electric vehicles have a limited driving range compared to their gas cousins. You may find yourself charging up more than usual.
  3. High sticker prices: The average price of a new electric vehicle is almost double the price of a gas car.
  4. Limited amount of charging stations: this is a tricky one, because there are still more charging stations per EV on the road than there are gas stations for gas cars. Unless you go on a road trip, most of your charging will probably be at home anyway.

Bottom line: With billions of dollars flowing in, electric vehicles are not only here to stay, they are booming.

If you 1) need a car in your life 2) want to be a part of a cleaner future and 3) can afford the extra monthly cost (for now), then making a switch to electric vehicles is the right thing to do.

Dig deeper ➝ 3 min

  1. Better Business
  2. Business
  3. Profit
Busy? Try the speed read.

The scoop: Food takeout and delivery accounts for considerable waste. About 29% of all greenhouse emissions come from packaging. And food takeout uses a lot of packaging.

Takeout packaging: You want a burrito? Let me wrap that in foil for you. Here's some plastic utensils and paper napkins wrapped in plastic to go along with your hand-held meal. Ok, now here are three packs of ketchup and hot sauce you didn't ask for because you have condiments at home. Let me put that in a paper bag placed in a plastic bag for you... even though you are about to eat it.

Sustainable solutions: Reduce and reuse. Buy in bulk. Use bulk alternatives when on the go. Shop at restaurants that use sustainable alternatives like plant fibers for their packaging. If you have a good relationship with your local food business, talk to them about affordable options.

Dig deeper → 3 min

  1. Better Brands
  2. Better Business
  3. Better Markets
  4. Business
  5. Profit
Busy? Try the speed read.

The scoop: NFTs went mainstream. Now more people are starting to realize Ethereum has a sustainable energy problem. There is a solution.

Not all blockchains are the same: Bitcoin uses about 1% of the world’s electricity. Ethereum is the second largest coin and runs on a similar model as Bitcoin. Neither are energy efficient.

Still, blockchain technology as a whole operates under many different consensus algorithms. Bitcoin and Ethereum’s proof-of-work model is just one version.

Sustainable proposals: Convert mining facilities to use more renewable forms of energy. That’s a good place to start.

More effectively, big coins like Bitcoin and Ethereum can operate using a proof-of-stake model to be more sustainable. This would allow fewer nodes (computers) to validate transactions on the public ledger and increase the energy efficiency of their blockchains.

Finally, emerging coins should look to more efficient consensus algos like Ripple as a model for sustainable crypto. That would propel the industry forward.

Bottom line: Progress is happening. There are existing solutions. The blockchain industry just needs a little nudge to do better.

Dig deeper → 3 min

  1. Better Brands
  2. Better Business
  3. Business
  4. Profit
Busy? Try the speed read.

The scoop: All plant milk is more sustainable than dairy milk. But that doesn't mean all plant milks are sustainable.

SR's favorites:

  • Pea milk: protein-rich, noninvasive crop, good taste.
  • Hemp/flax seed milk: nutritious and low emission-based.
  • Hazelnut milk: tastes great in a cup of coffee, pollinates naturally, grows on trees.

Bottom line: Every company has a different process, but we can draw conclusions about the sustainability of certain crops. As consumer interest in plant milk keeps growing, it's important to distinguish good labels from bad labels.

The best best thing you can do is make your own plant milk at home. Just take your favorite organic, fair-trade nut or seed and mix it with water in a blender. Details in the article!

Dig deeper → 6 min

  1. Better Business
  2. Business
  3. Profit
  4. Science
  5. Thinking

The scoop: Bill Gates published a new book about climate change. Why are we praising a tech entrepreneur pretending to be a scientist and public health official?

Why it matters: I think people like Bill Gates make everyday people more suspicious of actual science. Gates should step aside and let real scientists do the talking. Because as it turns out, he isn't always right.

My proposal: Let's praise and highlight actual climatologists dedicated to the field. He's not even a professional writer.

We need to build communication platforms for researchers, doctors, and scientists to bridge the gap between complex subject matter and public skepticism. Businessmen like Bill Gates only widen the gap (imo).

Bottom line: Let's hear the talking points not from some obscure monolithic gospel, but science-backed, distinguished talking points from recognizable human faces.

Dig deeper → 3 min

  1. Better Brands
  2. Better Business
  3. Business
  4. Profit
Busy? Try the speed read.

The scoop: Hershey is accused of avoiding to pay premiums on cocoa deals that would help alleviate farmer poverty.

Hershey versus West Africa: Hershey denies the allegations. The lvory Coast and Ghana, who make up 2/3 of the world's cocoa production, are preventing Hershey from using sustainability schemes in West Africa.

These schemes allow brands to market their product (in this case chocolate) as fair-trade, ethical, etc.

A broader point about corporate sustainability: Hershey's (alleged) loophole attempt is all too common in the age of crony capitalism.

Corporate sustainability seeks long-term profits by aligning business models with healthier environments and more prosperous economies. Working around basic premiums that keep hard-working cocoa farmers out of deep poverty is not a sustainable business model.

Bottom line: West African cocoa regulators are sticking to their guns on this issue. I don't think they're bluffing. Recommendation: avoid Hershey products until they provide a more transparent response.

List of popular Hershey products to avoid this holiday season:

  1. Hershey's (duh)
  2. Butterfingers
  3. Reese's
  4. Pay Day
  5. Jolly Rancher
  6. Twizzler's
  7. York Peppermint
  8. Breath Savers
  9. Ice Breakers
  10. Heath Bar
  11. Rolo
  12. The Whatchamacallit Bar
  13. Take 5
  14. Milk Duds
  15. Mr. Goodbar
  16. Almond Joy
  17. Whoppers
  18. Kit Kat
  19. Good & Plenty
  20. Pirate's Booty
  21. SkinnyPop
  22. Krave Jerky

Dig deeper → 1 min

  1. Better Business
  2. Better Markets
  3. Business
  4. Profit

The scoop: Last week, Ripple’s CEO made an ambitious commitment to go carbon net-zero by 2030 in collaboration with conservation Rocky Mountain Institute and REBA, and pressured other crypto companies to do the same.

Talking points:

  1. Unlike Bitcoin, Ripple (XRP) was built with a finite supply (100 billion) at its inception, making it easier to control mining activities and mitigate its environmental footprint.
  2. Compared to Bitcoin’s 4.51 billion lightbulb hours needed to mine it, the XRP Ledger uses just 79,000.
  3. A lot needs to happen to make do on that claim, but Ripple is the first crypto looking to go carbon net-zero, and they have a plan (see below).

Bottom line: I don’t know if Ripple, Ethereum, and Bitcoin will one day replace Euros, Dollars and Yuan. With that said, why not bet a dollar on the possibility that they one day could?

Dig deeper → 3 min.

  1. Better Business
  2. Business
  3. Profit
  4. Tech

Why are wildfires detrimental to our environment?

  • Burn millions of acres of forests each year; trees are critical to (1) absorbing greenhouse gases to lessen the effects of climate change and (2) preserving biodiversity.
  • Kill and displace wildlife.
  • Disrupt water cycles and soil fertility.
  • Endanger lives and livelihood of local communities.

How are drones being used to fight wildfires?

  • Provide real-time support on the ground for firefighters to improve safety.
  • Map weather patterns to prevent spreading of the fire to mitigate environmental destruction.

What are the benefits of a drone compared to a traditional aircraft?

  • Safer since you don’t need a pilot to operate it.
  • More versatile since a drone can fly in poor conditions and hard to reach spaces.
  • More accurate by using GPS and imaging technologies to generate a “smart map.”

Bottom line

More recently, the use of drones for fire prevention in the U.S. has been gaining support from the federal government. Regulatory hurdles are starting to lessen. Plus, the civil-use of drones is now more widely accepted.

Drones are becoming a key technological advancement in fighting wildfires. They can not only protect our communities, but they can also mitigate the environmental impact caused by fires.

Dig deeper → 4 min

Unlock our weekly newsletter

By subscribing you agree to our Privacy Policy.





Top Posts

Better brands: Is Beyond Meat Sustainable?
3 clear reasons why overpopulation is a myth
Better brands: Is Starbucks sustainable?
The truth about the environmental impact of takeout food

Latest

Sustainable Review is copyright material. All rights reserved.
X

Login

Welcome to SR.

Like, comment, discuss, follow your favorite stories.
Become an Eco-Warrior.
Registration is closed.

All your sustainability needs, tied up once a week.

Get it in an email.

Access our Weekly recap with digestible news, articles and resources around sustainability.

By subscribing you agree to our Privacy Policy.

Close Bitnami banner
Bitnami