Ethnic conflict could unravel Ethiopia's valuable garment industry
Ethnic conflict could unravel Ethiopia's valuable garment industry

Ethiopia has long been considered one of Africa's economic wunderkinds. Until recently, it had relative political stability in comparison to other countries on the continent. And, with an average GDP growth rate of 10% in the past decade and a government that instituted policies friendly to foreign investors, the country was able to attract South and East Asian clothing manufacturers. These sell to international brands, such as Decathlon and H&M.

By Dorothee Baumann-Pauly 1 day ago

PepsiCo aims for net-zero emissions by 2040
PepsiCo aims for net-zero emissions by 2040

Food and beverage giant PepsiCo plans to more than double its science-based climate goal, targeting a reduction of absolute greenhouse gas (GHG) emissions across its value chain by more than 40% by 2030. In addition, the company has pledged to achieve net-zero emissions by 2040, one decade earlier than called for in the Paris Agreement.

18 Jan 2021

NPO exerts pressure on FMCG and retail giants to cut plastic usage
NPO exerts pressure on FMCG and retail giants to cut plastic usage

Citing new data on the growing plastic pollution problem, California-based not-for-profit group As You Sow has filed shareholder proposals with 10 leading consumer goods companies and retailers, calling for commitments to absolute cuts in the use of plastic packaging.

15 Jan 2021

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