GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Consumer Research

Exploring the Role of the Consumer in Driving Sustainability

globalresearchsyndicate by globalresearchsyndicate
October 16, 2020
in Consumer Research
0
Exploring the Role of the Consumer in Driving Sustainability
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

At last month’s WasteExpo Together Online, one popular session looked at, “What Do They Want? – Sustainability! — When Do They Want It? – Now!” It had a common theme about the roles of customer behavior, supply chain, transparency and more as related to sustainability.

The speakers were:

  • Kristin Kinder, VP of research and waste stream sustainability, Wastequip
  • Eric Paulk, national account manager, Rehrig Pacific Company

Kinder talked about how sustainability has gained momentum over the past five years and that “the goal is so much clearer on what is the right thing to do for the planet.” She credited the Paris Agreement for this wider recognition and understanding of the impacts of climate change, and the role of businesses in promoting sustainability.

Kinder also talked about efforts to quantify the economic risks of climate change and cited a Bloomberg report that estimated, “If we continue down on our current path, by 2050, we could lose between $60B and $100B+ of coastal property that will be below sea level.” She pointed out that, “If you’re a hauler who has contracts in coastal areas, that’s a business risk.” But, “on the positive side, we have a lot more tools for businesses to measure and understand their impact”—from science-based targets to frameworks like those provided by Sustainable Accounting Standards Board. Kinder also noted that, “Companies who track their ESG performance have been shown to outperform their peers.”

Kinder went on to talk about how “we are all consumers.” And consumers are increasingly alarmed about climate change, and engaged with the problem. She noted that at Wastequip, “we spend quite a bit of time studying what sustainability metrics are important to our key customers…and how they are reporting their progress.” Across the company’s diverse set of customers “the one thing they have in common is they are tracking their greenhouse gas emissions.” Kinder concluded by noting that Wastequip’s vision is “for our customers to be able to quantitatively see how our products flow into their goals. We’re looking at how to get our [ESG] data on products.”

Paulk shared how Rehrig is helping its customers “achieve their sustainability goals while leading the way toward the creation of a circular plastic economy.” Like Kinder, he observed that his company is increasingly hearing from customers (who are hearing from their own customers) that they care about reduction in greenhouse gas emissions and increased use of recycling content — as well as circular solutions.

He then offered several case studies, one of which came from the beverage industry and a need for it to explore “how do we more effectively recycle caps, labels and more?” The ultimate driver of this, Paulk pointed out, is the consumer. “Consumers are a lot more aware of what’s going on, and purchasing behaviors can be influenced by a company’s messaging on sustainability.” By partnering with CarbonLite, Rehrig is able to salvage “a large percentage of PET caps and labels to create beverage crates” that are then used to carry new product back to stores.

Another example, from a Fortune 500 client, focused on car-seat reclamation. Over 12M car seats are used annually, and 150M pounds are being recycled — but there was a need to determine how these plastics could be used in the supply chain. Rehrig was able to identify utilization of this post-consumer resin in pallets, “providing customers with a closed-loop solution.”

The speakers also addressed questions on topics including customer sustainability initiatives; steps that companies can employ in pursuing a circular plastics economy; maintaining brand equity; and more.

Want to watch this full session and others from WasteExpo Together Online?  You can sign up here for free: https://www.wasteexpo.com/en/conference-and-events/TogetherOnlineAgenda.html.html

 

 

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
Get Your Product or Service Out There With Guidance From This Digital Advertising Bundle

Get Your Product or Service Out There With Guidance From This Digital Advertising Bundle

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com