A weekly highlight of stories about innovation to create a more sustainable society.
Three things is a weekly highlight of inspirational stories that caught our attention.
Weird collaboration? Yes and no. Seagrass captures carbon up to 35 times faster than tropical rainforests and, even though it only covers 0.2% of the seafloor. Seagrass is a wonder-plant that lives in shallow, sheltered areas along our coast. It is vital to the health of our seas and can help address environmental problems. It absorbs 10% of the ocean’s carbon each year, making it an incredible tool in the fight against climate change.
This got us excited because it's a great example of a corporate organisation using its influence to tackle climate change through nature-based solutions. They can't do it alone, but they can use their vision, resources and key partners to make that happen. This is the sort of innovation we love to see.
You just have to doom-scroll through your Twitter feed to realise that the last few weeks have been a turbulent period in cryptocurrency. Non-fungible tokens or NFTs, units of crypto purportedly acting as simulacra of digital objects ranging from digital artworks to in-video-game weapons, to tweets, to farts, have exploded in notoriety, seeping well into the mainstream.
Why is this important? Well, as our lives become increasingly digital, the carbon footprint of the technology that powers our existence is an important consideration. Non-fungible tokens might seem abstract or niche, but so was once digital currency and Visa just confirmed it would allow crypto payments its network.
The company announced last year that it will be entirely carbon neutral for its supply chain and products by 2030. While its own operations already use renewable energy, the target aims to ensure that every device such as iPhones or computers are renewable throughout their manufacturing.
This is an important milestone for Apple as its value chain emissions (scope 3) was always going to be stickiest to reduce, as is the case for most organisations. It's essential that large organisations use their resources to encourage emission and waste reductions up and downstream. We would love to see some storytelling about the collaborations with their suppliers. As ever, storytelling plays a significant part in normalising an action. Patagonia has led the way on this over the last 10 years with their transparency on supply chain issues.
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