Terms such as “fair trade” and “free trade” are often used interchangeably, but they are different. It’s possible that one may fit your values better than the other. In short, the difference between fair trade and free trade is that the first focuses on equity in the global economy while the second wishes to remove trade restrictions.

The supply chain is becoming more sustainable, one innovative step at a time. Mercedes-Benz already announced plans to release ten new EV models by next year, in line with many other auto manufacturers committing to greener vehicles.

While modeling a green mindset is crucial for the overall company, it’s just as important — if not more important — for your company’s employees to be invested in the green initiative. This means creating a company culture that prioritizes being environmentally friendly by exercising mindfulness, new habits, and more.

Give your employees a reason to get behind your company’s green mission. Offer incentives to meet energy consumption or recycling goals, and share insights into your company’s shrinking carbon footprint. 

What is Circular Economy?

Popularized by the European Union, the concept of a circular economy endeavors to solve the emerging resource problem facing our planet. The dwindling non-renewable resources that humans have depended on for the last century are projected to run out within the next one hundred years, and societies and governments are trying to find solutions to this complicated problem. Finding a solution now is imperative to ensure we leave enough resources for future generations to utilize.