Wwf Demands More Ambition From Swiss Companies


(MENAFN- Swissinfo) The issue of biodiversity is treated "shabbily" by the majority of Swiss companies with which the WWF has entered into a partnership, it said in the press release on Tuesday.

The organisation speaks of two crises: global warming and the loss of biodiversity. Companies are paying attention to the former, for example by reducing greenhouse gases. However, the two influence each other, it added.

+ The dearth – and death? – of Swiss biodiversity

In order to make the value chain more sustainable and to finance environmental work, the WWF entered into a partnership with Swiss companies. In addition to Migros and Coop, these included retailers Lidl, milk producer Emmi and the health insurance company Swica.

Income through partnerships

The environmental protection organisation evaluates the cooperation annually. This year, it also praised the companies: Emmi had developed a catalogue of criteria to evaluate the sustainability of milk production. The Migros Group wants to bring its emissions tozero by 2050 at the latest. Coop wants to use only raw materials without risks of deforestation for its own brands. Swica sponsored running events for environmental protection.

WWF Switzerland said it earned CHF8 million ($9 million) from the partnerships in the 2021/2022 business year. This corresponds to 15% of total income.

MENAFN12092023000210011054ID1107054742


Swissinfo

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.