Parallel Labs

Parallel Labs is pleased to share our founder Joel Hartter's latest contribution in Nature Sustainability. The study highlights the essential role of rural migration in sustainable systems, particularly as smallholders face climate and social changes. By integrating migration studies with land system science, this research uncovers critical insights that inform strategies for building resilience in communities and ecosystems.

Parallel Labs’ John Burgess and Joel Hartter share their insights with Noto Group Executive Search anout the strategic opportunity #sustainability at the forefront presentation for organizations.

This is big news! The White House just launched efforts to clean up the Wild West of carbon credit markets — and help them grow. Why it matters: These credits can help companies cut emissions by financing renewables projects, forest protection, and more. The big picture: On Tuesday morning 5/28/24 the Biden administration unveiled its principles for "responsible participation" in "high integrity" voluntary carbon markets. More here: https://lnkd.in/gVvpvFq7

Exciting news from the European Union! The Corporate Sustainability Due Diligence Directive (CSDDD) has received final approval from both the European Council and Parliament. This landmark directive mandates large EU and non-EU companies to rigorously assess and mitigate human rights and environmental impacts across their operations and value chains. Key elements include integrating risk-based due diligence into company policies, covering both upstream and selected downstream activities, and requiring climate transition plans aligned with the Paris Agreement. This directive marks a significant step towards more responsible and sustainable corporate practices within the EU and beyond. (https://lnkd.in/gMnAbr_c). Parallel Labs #esg #sustainability #corporateresponsibility #corporatesustainability #humanrights

#PFAS is all over the news (See my recent comments in CNN Underscored: https://lnkd.in/grc5jrzU). PFAS cleanups became more urgent last month when the EPA imposed a new rule requiring water utilities to reduce contamination if levels exceeded 4 parts per trillion for certain PFAS compounds. Encouraging update: a new strategy has been developed to clean up PFAS, particularly those originating from decades of fire suppressant foam use at military air bases and commercial airports. The method can also help water utilities deal with groundwater pollution. It's a promising solution to clean up these “forever chemicals” and protect human health and the environment (https://lnkd.in/gvwViPPm). Scientific paper here: https://lnkd.in/geAZsGfK

Here's something interesting: 54% of Global CEOs are committed to decarbonizing their business to reach net zero (source: https://lnkd.in/ghSYx3mD) and yet only 24% of companies are ready for new sustainability regulations (source: https://lnkd.in/gADfqMbh). This disparity highlights a critical gap between ambition and readiness. As businesses strive to achieve their sustainability goals, the focus widen from only setting ambitious targets to building internal know-how, capability, buy-in, and necessary infrastructure and processes to meet regulatory demands.

Getting you ready, increasing internal capability, and creating enterprise-wide but in is what we do. Is now the time to accelerate your sustainable business?

In our conversations with our partners, we talk odten about how leveraging Human-Centered Design (HCD) can enhance their sustainability strategies. At Parallel Labs we've observed how HCD’s focus on understanding systems, prioritizing people, and iterative testing leads to more inclusive and effective sustainable solutions. Stakeholders engagement, innovation, and brand strategy are what we do. Learn more: https://lnkd.in/gQdjuA3k #HumanCenteredDesign #Sustainability #InnovativeSolutions #DesignThinking #UserExperience #CircularEconomy #SustainableBusiness #CorporateResponsibility #circularity

𝗙𝗿𝗼𝗺 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝘁𝗼 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝗶𝗻 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆: In my dialogues with various organizations, I've observed a common pattern: an intense focus on compliance reporting that anchors them in a reactive stance. Striking a balance between fulfilling these essential requirements and fostering a culture where innovation thrives is essential. Here's how we can harmonize the two for a competitive edge: 𝟭. 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆: Compliance should be embedded within business strategies, creating a framework that supports both regulatory adherence and innovation. 𝟮. 𝗗𝗮𝘁𝗮-𝗗𝗿𝗶𝘃𝗲𝗻 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Utilize compliance data to inform strategic decision-making (GLYNT.AI has become my go-to strategic partner). This information can highlight efficiencies and reveal new avenues for product and process innovation. 𝟯. 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁: Foster a culture where surpassing regulatory standards is the norm. Encourage teams to leverage insights from compliance processes to drive improvements and innovation. 𝟰. 𝗣𝗿𝗼𝗮𝗰𝘁𝗶𝘃𝗲 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴: Stay ahead of regulatory changes by incorporating them into strategic planning. This foresight enables us to seize opportunities and mitigate risks in advance. 𝟱. 𝗛𝗼𝗹𝗶𝘀𝘁𝗶𝗰 𝗚𝗼𝗮𝗹𝘀: Set goals that encompass both regulatory excellence and innovation. By doing so, we create benchmarks that not only meet but also exceed industry norms, establishing leadership in our sector. #CorporateStrategy #Compliance #Innovation #Sustainability #Leadership #BusinessStrategy #ESG