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Corporations are pledging to be ‘water positive’. What does that mean?

Green lightEnvironmentCorporations are pledging to be ‘water positive’. What does that mean?Reuse, watershed restoration and new cooling methods back companies’ commitments to conserve scarce water resources Supported byAbout this contentAmanda SchupakThu 14 Oct 2021 08.00 EDTLast modified on Thu 14 Oct 2021 08.38 EDTOne of PepsiCo’s largest food manufacturing plants sits in the perennially water-stressed Valley of Mexico watershed, which provides water to 21 million people in Mexico City and its surrounding suburbs. The aquifer running below the city is so drastically depleted that the metropolis is sinking as the water table falls, and the pipes that bring water in from far-off rivers and lakes are in disrepair.“The city cannot provide the water that we need, so we truck it in,” said Roberta Barbieri, vice-president for global sustainability at PepsiCo. It’s an expensive solution to an intractable problem – the water shortage is not sustainable from either a human or business standpoint. So Pepsi has promised to decrease its water consumption in the region and replenish what it uses. By treating wastewater on site, for example, the factory can reuse 80% of the water it draws from the tap or the truck. “We’re pushing to get that close to 100%,” Barbieri said.The efforts are part of the company’s “water positive” commitment to put more water into areas where they operate than they take out.The last year has seen a flurry of such promises from large corporations. Microsoft, Facebook and Google have …

Amazon offers $3,000 sign-on bonuses to US delivery and warehouse workers

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Amazon Amazon offers $3,000 sign-on bonuses to US delivery and warehouse workers Online retailer will also raise its average starting wage to $18 an hour to help recruit 125,000 people Sarah Butler @whatbutlersaw Tue 14 Sep 2021 12.06 EDT Last modified on Tue 14 Sep 2021 12.45 EDT Amazon is offering sign-on bonuses of up […]

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China’s Alibaba to invest billions by 2025 for ‘common prosperity’

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China’s Alibaba to invest billions by 2025 for ‘common prosperity’ Move comes on back of Beijing encouraging firms to share wealth as part of a drive to ease inequality China’s Alibaba Group will invest 100bn yuan ($15.5bn) by 2025 in support of “common prosperity”, it said, becoming the latest corporate giant to pledge support for […]

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Amazon to recruit 55,000 staff globally in tech and office roles

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Technology sector Amazon to recruit 55,000 staff globally in tech and office roles Retailer says it will add 40,000 jobs in the US and 2,500 in the UK to support plans for rapid growth Richard Partington Economics correspondent @RJPartington Wed 1 Sep 2021 15.28 EDT – Amazon is planning to hire 55,000 staff in corporate […]

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Disgraced Samsung boss released early from South Korean prison

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Samsung Disgraced Samsung boss released early from South Korean prison Billionaire vice-chair was serving 30-month sentence for bribing country’s former president Rupert Neate @RupertNeate Fri 13 Aug 2021 09.11 EDT Last modified on Fri 13 Aug 2021 17.53 EDT The billionaire boss of South Korea’s Samsung empire has been released from prison after serving 18 […]

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