Profit

  1. Business

The scoop: New construction needs to prioritize sustainable practices to prevent an energy crisis in the future. Real estate investors are starting to take notice.

Facts and figures:

Bottom line: Investors are and will always be driven by returns. But the private sector is starting to realize the necessary risk assessment and tax burdens associated with energy-sucking real estate. Green building is the future.

Dig deeper → 3 min

  1. Business
Busy? Try the speed read.

The scoop: Lululemon is a cultural staple in the world of athleisure. Sustainability is not a core aspect of their brand strategy.

Some talking points:

  • Lululemon uses polybags (plastic) for finished products sent to distribution centers.
  • Most of their materials are not eco-friendly. They are working on that.
  • Four of five global distribution centers are zero-waste.
  • Lululemon is pretty transparent about their carbon footprint and accountability.

Bottom line: They are taking some steps toward sustainability, but I have to hold Lululemon to a higher standard than that. They have an opportunity to lead the athleisure industry, and they don't even come close.

Dig deeper → 4 min

  1. Business
The scoop: Patagonia is a forward-thinking billion-dollar brand. But there is always work to be done. Let's see how they chalk up.Is Patagonia sustainable?Patagonia uses primarily recycled materials.They have a lifetime return and repair program for all of their products.Patagonia still uses animals in its supply chain, but they try to do it responsibly. I'd rather see no animal use.They are slightly above average when it comes to labor conditions.Patagonia looks to go carbon neutral by 2025.In September 2022, their founder donated non-voting shares of the company, amounting to $3 billion, toward a climate pledge trust. All Patagonia profits are now dedicated to climate change causes.Zoom out: Patagonia hits on the environmental side, but they have some work to do operationally, especially regarding transparency & ethics surrounding suppliers and animal welfare. No corporation is perfect; Patagonia is one of the best.Dig deeper → 3 min
  1. Tech

A burgeoning space tourism industry is gearing up for significant expansion. Critics believe that increasing space flights would be detrimental to the climate.

In the past year, two billionaire-backed companies, Virgin Galactic and Blue Origin, have completed successful test flights of their space tourism vehicles.

And last week, SpaceX, the company founded by Tesla CEO Elon Musk, announced that it had raised $1 billion from investors to help fund the development of its space tourism vehicle.

Let's find out how retail space flights will impact the climate.

Dig deeper ➝ 2 min

  1. Business
The scoop: Starbucks does a lot of reacting instead of acting. In that light, I do not consider Starbucks a cultural or sustainable leader in the food & beverage space.Sooo is Starbucks sustainable? No. Especially in today's climate, you're better off making your cup or supporting a local indie coffee shop. It's worth the extra few cents to help a business owner put food on their family dinner table.Dig deeper → 3 min.
  1. Tech

The scoop: The sustainability of Web 3 ties closely to the real world. A large portion of our world depends on energy also needed to run the web.

There are some outside factors you may not be aware of that can drastically change how Web 3 influences sustainability around the world (not just on the web).

Key points:

  • Only about 12% of the energy in the US comes from renewables right now. This needs to change in order to provide a more sustainable energy source for Web 3 applications.
  • Web 3 applications can offset its energy consumption by making other aspects of our economy more sustainable.
  • It’s still early. We are likely to see unexpected solutions come from unexpected areas. Buckle up for the ride. 

What’s next? Rather than trying to predict the future, spot trends that influence the sustainability of Web 3 to better gauge its progress.

Dig deeper → 5 min

  1. Business

This week, we sat down with Closed Loop Partners CEO Ron Gonen. Closed Loop Partners is a New York based investment firm comprised of venture capital, growth equity, private equity and project finance as well as an innovation center focused on building the circular economy.

During our conversation, we covered pressing topics like social entrepreneurship, sustainable investing, and climate optimism.

Dig deeper ➝ 3 min

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