On first hearing, “Lego as a service” sounds like an April Fool’s joke or a PR parody. But the 87-year-old toymaker’s exploration of a rental service for its products is rooted in sensible sustainable thinking. In an era of dwindling resources, changing how products are treated is good for consumers, companies and the environment alike.
Lego’s sustainability drive stems from the formula behind its multi-hued bricks. The majority of the pieces produced each year are made from ABS, a plastic which gives them the grip which allows them to stay secure, but is reliant on petroleum. Renting Lego rather than allowing them to gather dust in attics could reduce the production demands. As the company itself admits, however, the idea is still only a proposal. Young customers and pieces known for vanishing under sofas do not make for an auspicious combination.
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Source: The Financial Times
This article explores the present business climate, identifies four main emerging trends, and reviews additional future tendencies that might impact M&A transactions in 2024. Speaking with experts at Deloitte, they share some insight into the current trends in this space and how this all aligns with corporate sustainability investments and objectives.
The business touts great drive towards a more environmentally friendly and socially acceptable supply chain with a focus on packaging, emissions reduction, electrification, and inclusivity. This relies on the support of its Hellenic Bottling Company (Coca-Cola HBC), which—based in Steinhausen, Switzerland—produces a sales volume in the billions.
Wildly inefficient—that too often describes the state of our global supply chain. With 90 percent of worldwide trade relying on shipping and $13 trillion spent on logistics annually, the industry is a behemoth. Yet, it lacks data-based decision support and information sharing.