Office Supplies (Except Paper) Global Market Report 2023 has announced the release of the report “Office Supplies (Except Paper) Global Market Report 2023”. This report looks at the major players in the global Office Supplies (Except Paper) market include ACCO Brands, Adelaide Hills Stationery, Bulk Office Supply, Euroffice, and Office Depot.

The global office supplies (except paper) market will grow from $63.22 billion in 2022 to $66.22 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. 

To read the full release, visit the Yahoo Finance website.
Source: Yahoo Finance

Canon Launches ‘Live Office Infrastructure’ Wherein Customers Get to Experience Its Products

Building on its success as one of the leading digital imaging solutions company, Canon India has embarked upon the next phase of growth with the launch of a state-of-the-art Live Office in Mumbai to elevate the customer experiential journey. The latest development comes as part of its 2023 growth strategy ‘Transformation’ across domains. On its way of solidifying its industry leadership as a futuristic and innovative technology brand even further, the unique office infrastructure brings to force an integration of technology and experiences, while getting Canon’s entire ecosystem on one single platform for all its key stakeholders be it Employees, Partners or Customers. 

As part of its corporate infrastructure pillar, Canon’s Live Office efforts are directed towards elevating the experiential aspect which is a step up from its other successful experiential formats. Dedicated to creating world class experiences, Canon will utilise this platform to demonstrate its global legacy, technological innovation and its complete 360-degree imaging portfolio. It will exhibit Canon’s expansive operating ecosystem comprising of cameras, printers, surveillance cameras, copiers, multi-functional devices and much more, under one cohesive platform.

For employees, the new space will provide a platform for maximizing creativity and collaboration by gaining first-hand feedback and insights into customers’ needs. On the other hand, customers and partners will gain a comprehensive understanding of Canon’s offerings while also connecting with the brand’s legacy of innovation, empowering them to make informed purchase decisions. 

To read the full announcement, visit the Digit website.
Source: Digit

TD Synnex is embracing ‘grassroots corporate citizenship’

Controversy is swirling around the evolving environmental, social and governance regulatory agenda. While advocates say the private sector needs to update its framework for what “good corporate citizenship” looks like, detractors are raising concerns about regulatory overreach.

At TD Synnex, the largest public company in Tampa Bay, the push for corporate social responsibility has come from within, however, and it started long before ESG became the latest talking point.

CEO Rich Hume describes TD Synnex’s ESG evolution as a grassroots movement. “We designed our program based on the priorities of our people,” Hume said. “When we started on this journey, we were adamant as a leadership team that our focus would be on what they thought was important.”

Not only are younger, socially conscious employees demanding more, but so are investors. New York private equity firm Apollo Global Management pressed the legacy Tech Data organization to begin reporting extensive data points on its environmental impact, community relations efforts and governance standards when it first made an investment to take the company private in 2020. 

So far, TD Synnex has implemented a carbon emissions accounting tool to centralize data reporting and has taken steps to eliminate scope one and two emissions, or greenhouse gases emitted directly from its operations. In March 2022, the company also committed to achieving net-zero greenhouse gas emissions by 2045, which kicked off the first phase of initiatives, according to Adam Rutstein, TD Synnex’s director of global corporate social responsibility. The tech giant is also making inroads in recycling end-of-life hardware, in part, through a partnership with a nonprofit that refurbishes donated electronic devices for communities in need.

Importantly, regulators have not yet set specific ESG requirements. TD Synnex’s ambitious corporate responsibility agenda is entirely voluntary.

To read the full story, visit The Tampa Bay Business Journal website.
Source: The Business Journals