The Sustainable Apparel Coalition, which includes Nike, REI, Target, and Levi’s, has released its Higg Index, a new, online tool to help footwear and apparel developers measure the social impacts of their products. The trade group represents more than one third of the world’s footwear and apparel market. <br /><br />Hormel Foods has announced its second set of five-year environmental goals to reduce water use, packaging, and waste. The company surpassed the goals on key metrics in its first five-year plan, reducing packaging by 22 million pounds and reducing water consumption by 15 percent. <br /><br />Simpact Strategy Group has reported on its Social Return on Investment methodology as a way to value social outcomes. The Group’s report examines Social Impact Bonds, a new tool to finance social innovation, and how the company’s SROI methodology evaluates its multiple forms of value. <br /><br />For more information on these and other stories, go to thecsrminute.com
