ChainPoint is proud to be a sponsor of the Bio-Gründer competition, where innovative ideas by new entrepreneurs will get a significant boost. On September 18th, the Bio-Gründer competition will announce its winners in Bönen, Germany.
Of the past few years we've been keeping an eye out on the sustainability trends in cosmetics, as demand for more sustainable products is growing. There is also more pressure for the cosmetics industry due to updates in regulations. In December we already told you about the United Nations’s Nagoya Protocol on Access and Benefit Sharing (ABS). The Union Of Ethical BioTrade just recently announced that they have certified their first two customers ensuring ABS compliance.
To support our fast-growing and ambitious international organization, we are always interested to hear from individuals who can bring real talent to our team. At the moment we are looking for a Senior Mobile Developer who can make our apps even better, faster and more reliable.
The main KPI to measure the success of a company has always been profit. The bottom line. The shareholder value so to speak. Profit was the only measure and the only goal. We have seen, and unfortunately are still seeing, the effects of this approach with massive lay-offs and reorganizations, all aimed at achieving the highest profit.
The European Commission announced new legislation for labeling food products. This means, among other things, that producers of food are required to list the origin of the ingredients if that ingredient is from a different source than the product itself. The new law will be effective as of April 1st, 2020.
Topics: food & beverage supply chains
Our customer Tony's Chocolonely is known for their mission to make 100% slave free chocolate a reality. They recently implemented a pilot with blockchain technology for traceability in their cocoa supply chain. In this guest blog, you can read about their experiences and conclusions. A must read!
The Responsible Mining Foundation has launched The Responsible Mining Index. This index, funded by the Dutch and Swiss government, is a ranking for the 30 biggest mining companies in the world, where they are ranked on environmental, social, economic, and governance issues.
Today, August 1st, is Earth Overshoot Day: the day that humanity consumed more resources than that the Earth can regenerate. Decades of overfishing, overharvesting forests, and emitting more carbon dioxide into the atmosphere than ecosystems can absorb has caused this day taking place earlier and earlier every year. The last time we blogged about Earth Overshoot Day, it was on August 8th.
In the last few weeks, ChainPoint had interesting conversations with multiple brand owners and sustainability standards at events such as the 2018 Global Sustainability Conference and the BCI 2018 Global Cotton Conference. These conversations reinforced one of ChainPoint’s core values: that collaboration is key to drive change across the supply chain.
Blockchain is perhaps one of the biggest information technology breakthroughs since the internet. Whilst the internet was a huge step in sharing and searching for information, blockchain provides a new way to transact in an immutable, transparent and auditable way. Therefore, blockchain can potentially assist with traceability and transparency in supply chains. For organizations who want to get started with blockchain technology in their supply chain, we recommend following these three steps.