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Thai Acrylic Fibre Co Ltd (TAF) Launches Digital Traceability For Radianza™ Fibre
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Thomas Varghese | Business Head | Thai Acrylic Fibre
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The digitization of well completions can help operators understand their emissions profile and optimize operations.
A Cold Bore technician safely installs the company s patented valve position sensors. (Source: Cold Bore Technology)
Matt Steen, COO, Cold Bore Technology
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The application of digital tools to reduce emissions and green business operations is, in 2021, nothing new. Many industries from automotive to textiles, banking to pharmaceuticals have long applied digital technologies to improve their environment performance, while also enjoying the attendant benefits of greater efficiency and profitability.
Ecotextile Talks.
“The MSI really provides a comprehensive scoring framework to truly look at the whole lifecycle of a material to help designers, developers and brands make better material decisions when it comes to environmental impacts,” starts Lardeau, explaining how previously, stakeholders had licence to work by their own criteria.
“It’s a helpful tool because it establishes the assessment criteria and provides the data so we can all agree on the rules of the road for evaluating materials and we can speak the same language.”
Previously, brands and retailers had their own criteria and codes of conduct that had the potential to frustrate suppliers, each tasked with meeting the individual expectations of different companies.
The Oregon-based superpower has outlined plans to build a cleaner, greener and more globally diverse business in the next five years.
In its impact report for fiscal 2020, published in March, the athletic wear giant looked back at its achievements over the past five years while plotting not just “aspirations” but rather a “call to action” guiding progress in the half decade to come, president and CEO John Donahoe wrote in the executive summary. The sneaker powerhouse says its plans align with both science-based targets and the United Nations’ Sustainable Development Goals.
And “[f]or the first time,” he added, “we will tie executive compensation to Nike’s progress in deepening diversity and inclusion, protecting the planet.”
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