A report from he Consumer Goods Forum and Capgemini calls for the consumer goods and retail industries to meet head on challenges posed by increasing digitalization and the availability of resources.

Two industry groups have joined to fill the need for a globally harmonized approach to measure and communicate product lifecycles. The Consumer Goods Forum, a global network of more than 400 retailers, manufacturers, service providers and other stakeholders, has partnered with The Sustainability Consortium, which is dedicated to developing science and integrated tools to support informed decision making for product sustainability across the consumer goods industry.

The Consumer Goods Forum, an industry association of retailers, manufacturers and service providers, welcomes the announcement by the U.S. government at the Rio Plus 20 Conference to "forge a private-public partnership to support a concerted international effort to reduce deforestation by promoting sustainable supply chains."

The Consumer Goods Forum has created what it calls the first professional online network of the retail and consumer goods industry. The purpose is enable the group's mission to facilitate industry-wide collaboration and to enable members to work together by serving shoppers, consumers and communities better, faster, with greater value and more responsibly.