Supply chain News and trends

Last year, Apple issued the largest green bond by a U.S. technology company, Poland issued the world’s first sovereign green bond and total green bond issuances grew to a record high.
According to a recent report by Moody's Investors Service, the rise of green bonds issuances in 2016 is projected to carry over into 2017 as well. The report projects that green bond issuances will increase to over $200 billion in 2017 from $93.4 billion in 2016 if green bonds grow at their 2016 rate.

Via EcoVadis

The Post traced this cobalt pipeline and, for the first time, showed how cobalt mined in these harsh conditions ends up in popular consumer products. It moves from small-scale Congolese mines to a single Chinese company — Congo DongFang International Mining, part of one of the world’s biggest cobalt producers, Zhejiang Huayou Cobalt — that for years has supplied some of the world’s largest battery makers. They, in turn, have produced the batteries found inside products such as Apple’s iPhones — a finding that calls into question corporate assertions that they are capable of monitoring their supply chains for human rights abuses or child labor.

Via EcoVadis

Apple, HP, Samsung SDI and Sony have joined an effort known as the Responsible Cobalt Initiative. It is being led by a Chinese business group, the Chinese Chamber of Commerce for Metals, Minerals and Chemicals Importers and Exporters, and supported by the Organization for Economic Cooperation and Development (OECD), according to the Chinese group.

Members of the initiative pledged to follow OECD guidelines for mining supply chains, which call for companies to trace how cobalt is being extracted, transported, manufactured and sold. Any abuses would require immediate correction.

Via EcoVadis