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Financial markets, Information theory, Hopewellian peoples, Entropy and information, Stock market
Financial markets, Information theory, Hopewellian peoples, Entropy and information, Stock market
Latest Auctionomics News
Apr 12, 2022
Apr 12, 2022, Sustainbility Leaders April's devoted to increasing awareness about the environment, climate change, and celebrating Earth's beauty. Yet, over the years, the topic of conversation has shifted to sustainability. Sustainability isn't just environmentalism. It's about protecting Earth's natural resources and how businesses support economic and social resources to maximize these efforts. Every day, consumers demand brands and product manufacturers do more to increase their sustainability efforts. Being a "green" company isn't enough. Consumers want the companies they support to care about using resources wisely, ensuring they're not depleted for future generations. According to 2021 statistics collected by Statista, 88% of people surveyed believe that sustainable practices should be a standard business practice. They also believe businesses have a responsibility to take care of the planet and its people. As Sustainability Month gets underway, meet the business leaders and organizations using their resources and influence to ensure a better future for all. Food Global warming, a rising world population, food inequality, and changing views on sustainability will bring significant changes to the food on our plates. With more agricultural lands becoming inaccessible, global food scarcity is rising at substantial rates, especially in places where food access hasn't traditionally been threatened. Here are how some of the most innovative leaders in the food and agricultural industry are addressing this growing problem: David Rosenberg, Co-founder and CEO of AeroFarms David Rosenberg, Co-founder and CEO of AeroFarms David Rosenberg Rosenberg's AeroFarms is on a bold mission to grow the best plants possible for humanity's betterment. Aerofarms is an award-winning indoor farming company and Certified B Corporation transforming agriculture with people and the planet in mind. Based in Newark, New Jersey, AeroFarms uses the latest breakthroughs in vertical farming, artificial intelligence, and plant biology, fixing the broken food system and improving how fresh produce is grown and distributed locally and globally. AeroFarms' business model is built to address 12 of the 17 United Nations’ Sustainable Development Goals, and was honored to be a recipient of the inaugural Global SDG Awards celebrating private-sector leadership in the advancement of the United Nations 2030 Agenda. Dana Spaulding, Founder of Wander+Ivy and Certified Level II Sommelier Dana Spaulding, Founder of Wander + Ivy Wander + Ivy "I’m so sick of wasting good wine.” That’s what Denver-based Wander+Ivy founder, Dana Spaulding, said one night after—once again—throwing away a nearly full bottle of wine. This eureka moment compelled her to search for solutions to the very real problem of wine waste, an estimated $1.3 billion problem. When she couldn't find a decent single-serve option that tasted good, was made from organic ingredients, and packaged in attractive and sustainable packaging (not cheap plastic bottles), she decided to create her own. Spaulding started Wander+Ivy so anyone could enjoy a great glass of wine without the guilt of knowing most of the bottle would probably go to waste. Today, as direct-to-consumer wine sales skyrocket, Wander + Ivy is the only single-serve option for wine lovers who refuse to compromise on quality and sustainability. The patented reusable glass packaging of the glam Wander + Ivy lineup sets the single-serve wines apart. But the real difference is what's inside. Wander + Ivy’s California Cabernet Wander + Ivy The brand partners with sustainable wine producers who use certified-organic grapes, providing a 6.3-ounce serving (one-fourth of a traditional wine bottle) perfect for large groups with varied tastes, or for pairing with a meal without the worry of an entire bottle going to waste. Environment You can't argue with science, and science tells us that the world's warming at a rapid, dangerous pace. The cause? Humans' destructive habits. Everyone has a right to clean air, but every day because of human actions—or inactions— the World Health Organization (WHO) estimates 90% of the world's population breathes contaminated air. The longer we fail to act, the more the Earth and its population suffers. Here are companies leading the charge for cleaner air and a better environment for everyone today and for future generations: Brandon McEachern, Marcus Allen, Darryl Perkins, Jermon Williams Founders of Broccoli City Broccoli City Founders: Brandon McEachern, Jermon Williams, Darryl Perkins, Marcus Allen Broccoli City Founded by Brandon McEachern, Marcus Allen, Darryl Perkins, and Jermon Williams, Broccoli City is a Black-owned not-for-profit/for-profit social enterprise that roots itself in a triple-bottom-line strategy focused on people, planet, and profit. Broccoli City is redefining cool by mobilizing & educating millennials on how to create a better world. Through their programs, they aim to create pathways to higher standards of sustainable living, environmental education, economic opportunity, and access to high-quality food and shelter. Their Festival, Broccoli City Fest, is the largest annual weekend mobilizing young people, companies, and community organizations to create a more racially equitable world for Black Millennials — who love hip-hop, R&B, trap, and soul music— it has evolved into much more than a concert. To date, the event has featured inspiring speakers like Netflix's Chief Marketing Officer Bozoma Saint John and rapper and health food entrepreneur Styles P.” Recently the founders have partnered with Diageo and its brands for its 10th Anniversary to continue bringing its Broccoli City Festival to the District of Columbia, using music to connect people toward a greater purpose. Partnering with companies such as Diageo reinforces the organization’s commitment to partner with like-minded companies who continue to champion for inclusion, intersectionality and sustainability efforts. Samuel Alemayehu, Entrepreneur and Global Angel Investor Entrepreneur, Samuel Alemayehu Samuel Alemayehu Alemayehu's career as a serial entrepreneur began in Silicon Valley when he launched two companies from his college dorm room. He moved to Africa in 2009, founding and investing in numerous companies across the continent in a range of industries. Alemayehu recently oversaw the construction of the first municipal waste-to-energy Facility in Africa, located in Addis Ababa, Ethiopia, as part of a pan-African sustainability city park project. Each Facility is designed as a multi-purpose plant with numerous functions, including metal recycling, brick production, industrial steam, producing biodegradable plastic, and modern insect farming. Sam has recently invested in commercializing breakthrough technologies through projects in Uganda, Kenya, Cameroon, Nigeria, Ghana, Senegal, DRC, Somaliland, Djibouti, Botswana, Angola, Namibia, and South Africa. His latest company KIVU Bio is a novel platform to make valuable materials from C1 Greenhouse gases (CO2 and CH4). The products are based on over eight years of research by the co-founders at Nottingham. Ocean Global warming is destroying the world’s oceans at an alarming rate. Sewage from factories and plants, pesticides and other harmful substances used in agriculture, these pollutants are killing marine life at frightening, unrecoverable rates. Yet, all hope is not lost. If the current problems facing the interconnected global ecosystem is dealt with effectively, recovery is possible. Here’s how some business leaders are combating this problem: Nina Jensen, CEO of REV Ocean and Former Secretary General of WWF Norway Nina Jensen Nina Jensen Nina Jensen is the founder of REV Ocean , a not-for-profit company, have one overarching purpose and ambition: To make the ocean healthy again. Jensen acknowledges more data and information are needed to understand the environmental impacts of human activities on the ocean. To gain this knowledge, and put in place concrete solutions, all profits generated from REV Ocean’s projects get reinvested into their work for a healthier ocean. Enric Sala, Author of The Nature of Nature : Why We Need the Wild and Founder of Pristine Seas Enric Sala Enric Sala Sala is a former university professor who once saw himself writing the obituary of ocean life. He quit academia to become a full-time conservationist as a National Geographic Explorer-in-Residence. He founded and currently leads Pristine Seas, a project that combines exploration, research, and media to inspire country leaders to protect the ocean’s last wild places. To date, Pristine Seas has helped create 22 of the largest marine reserves on the planet, covering an area of 5.8 million square km. Sala is a fellow of the Royal Geographical Society with a B.S. in Biology from the University of Barcelona and a Ph.D. in ecology from Aix-Marseille University, France. Fashion The fashion industry is an essential part of the global economy generating more than $2.5 trillion every year and employing 75 million people worldwide. Although the fashion sector is booming, it’s also a huge contributor to humanity’s carbon emissions and responsible for other adverse environmental impacts. More than ever, it’s important for the fashion industry to make sustainability a central part of their operations. Here’s how two brands are doing this throughout the year—not only during Sustainability Month: Tommy Bahama Tommy Bahama At Tommy Bahama , they live the island life every day — not just on April 22nd — and the company is doing its part to preserve that island lifestyle for generations to come. Just as individuals do what they can to save the planet — sorting recycling, driving more fuel-efficient cars, and setting the thermostat a little lower — Tommy Bahama does what it can, focusing on key strategies across all areas of their business that will make a difference, from design, sourcing, and distribution to their own retail stores, restaurants, and corporate offices. “Sustainable business practices are critical, not only to make our company more resilient but also to help us do better for our associates and guests. Sustainable practices allow us to be more thoughtful about the decisions we make and the impacts they can have.” Jennifer Spoljaric EVP Supply Chain & Sustainability at Tommy Bahama. Jennifer Spoljaric EVP Supply Chain & Sustainability at Tommy Bahama Tommy Bahama Tommy Bahama already uses many materials to create apparel that is more environmentally responsible, including organic cotton, recycled nylon and polyester, and Lenzing™️ fibers. Recently, Tommy Bahama joined Textile Exchange – a global non-profit driving a positive impact on climate change across the fashion and textile industry – to speed up the adoption of preferred fibers. Membership gives Tommy Bahama the tools they need to set preferred fiber goals and holistically reduce their impact, right from the start of their supply chain. Tommy Bahama is also committed to improving cotton farming practices globally through their investment in Better Cotton. In 2021, an estimated 55 million gallons of water were saved thanks to their sourcing of Better Cotton. Tommy Bahama and the other companies that are part of Oxford Industries also support green initiatives by investing in early-stage textile and apparel companies that are dedicated to sustainability initiatives while keeping commercial viability top of mind. Diana Verde Nieto, Co-founder of Positive Luxury Positive Luxury CEO Diana Verde Nieto tell Tempus about the butterfly effect of responsible shopping Diana Verde Nieto Nieto is a pioneer in sustainability and a globally recognized figure in the field. She is the co-founder of Positive Luxury , a company that helps brands adapt to the new sustainability economy. Nieto’s company supports its clients with expert advice, industry analysis, and independent certification, keeping them at the forefront of the world’s rapid transition towards a sustainable future. Positive Luxury has been the recipient of The Butterfly Mark, an industry-leading certification that highlights luxury businesses making a positive impact on nature and society. She also received training from Al Gore at the Alliance of Climate Protection. Water Rights Access to water is a human right. Yet nearly a third of the world's population doesn't have access to safe drinking water. Every day, groundwater gets used up faster than it's replenished resulting in approximately one billion people living in water-stressed areas. With agriculture accounting for nearly 70% of the world's water consumption—and The World Bank predicting global food production to increase by 50% by 2050—what can be done to protect and bolster the world's water supply? Here's how these business leaders are making a difference: Paul Milgrom, Nobel Laureate 2020, Zachary Bogue, Managing Partner and Co-founder of DCVC, and Dr. Silvia Console Battilana, Co-founder and Chief Executive Officer of Auctionomics Paul Milgrom, Nobel Laureate 2020, Zachary Bogue, Managing Partner and Co-founder of DCVC, and Dr. ... [+] Silvia Console Battilana, Co-founder and Chief Executive Officer of Auctionomics Auctionomics Water is necessary to life, agriculture, and industry, but water rights are a sensitive issue, especially with certain rights having been passed down for generations and tied to family land. Water scarcity is a deep problem that comes with substantial technological, political, and economic challenges. Markets can improve the allocation of scarce resources by matching supply to demand and trades of water rights could be both decentralized and fully voluntary. At Auctionomics , Dr. Silvia Console Battilana and Professor Paul Milgrom are partnering with Zachary Bogue, Managing Partner at DCVC , to use market and auction design to address the worldwide water scarcity crisis by enabling voluntary trading, harnessing innovative technologies, and creating stronger incentives for conservation. According to Dr. Silvia Console Battilana, Co-Founder at Auctionomics, “Today’s water scarcity is not necessarily due to a lack of supply. Instead, it is a matching problem: water is not available where and when it is needed. Water can be abundant, overall, but still unavailable for its most important uses. Auctionomics’s discipline of market design, combined with innovative new measurements and technologies, can help with these issues. We are excited to have partnered with DCVC to take a two-pronged approach to solving this critical problem." Zachary Bogue, Managing Partner at DCVC, explains how new technologies can fix water allocation. "To enable market design solutions, the rights need to be defined with precision, requiring accurate measurement. Today’s technologies are nowhere near robust enough to support a functioning water market," he says. "New technologies at the intersection of computation, data, and real-world embodiment must be invented, which is why DCVC is investing in these areas. Promising areas are next-generation satellites with synthetic aperture radar (SAR) that can partially penetrate the ground or measurement techniques like quantum sensors , which can measure geophysical phenomena with exquisite sensitivity." Professor Nobel Laureate, Paul Milgrom, adds, "At Auctionomics, I led the team that designed the 2016 US Broadcast Incentive Auction, which reallocated and reassigned TV broadcast rights. This allowed the conversation of old licenses for a new use that had become much more valuable: mobile broadband. Many of the same challenges are present in the water rights context. There is a need to create a viable market for tradable rights from very heterogeneous rights in ways that ensure the incumbents are protected, while still allowing the resource to be moved to a much more valuable use. We hope to apply those principles to solve water scarcity." Giulio Boccaletti, Ph.D.,Chief Strategy Officer and Global Managing Director for Water at The Nature Conservancy Giulio Boccaletti Giulio Boccaletti A trained scientist, Boccaletti is an environmental and economic sustainability expert. He leads the world’s largest team of freshwater scientists, policy experts, economists, and conservation practitioners and has helped develop organizational strategy, applying economic and scientific practices to a conservation agenda. Boccaletti has deep expertise in the intersection of natural resources, public policy, and business conduct. Previously, he was a partner at McKinsey & Company, where he founded the Global Water Resource initiative. Mina Guli, Founder and CEO of Thirst Mina Guli, Founder and CEO of Thirst Theodore Kaye Guli is a global leader, entrepreneur, and adventurer committed to making a difference in the world. She believes that "any society with the guarantee of safe water has a chance to realize its full potential." Following a successful 15-year career in law, finance, and climate change, Mina established the Thirst Foundation in 2012 to change the way we think about water. Since its launch, Thirst has educated more than two million students in China, trended on Chinese Twitter, set a Guinness World Record, run innovation competitions with the participation of over 700,000 students, and now works with thousands of qualified volunteers and schools across China with the support of the Chinese government. She is an advisor to the Chinese Government’s sustainability program, a Board Member for the Global Water Partnership, and a member of the inaugural board of the Antarctic Science Foundation. Follow me on Twitter . Check out my website .
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