ESG Sustainable Procurement News and Updates
"Biodegradable Materials" News Archive
Sustainable Materials
TômTex Secures $2.25 Million in Seed Funding, Surpassing $4.15 Million Total Raise
TômTex, a sustainable biomaterial producer, has secured $2.25 million in a seed round led by Happiness Capital, with participation from prominent climate-tech venture firms, marking a significant milestone for the visionary founder Uyen Tran.
Sustainable Materials
The Sustainable Fashion Future Consists of Microbial Leather
Innovative companies such as Polybion, Riina O, and Le Qara are redefining the future of fashion for their groundbreaking leather alternatives.
Sustainability Governance
The FTC Heightens Scrutiny on Corporate Sustainability and Greenwashing Claims
Increasing scrutiny on corporate sustainability claims and greenwashing regulations prompts divergent perspectives and calls for stricter enforcement, while companies are urged to enhance governance controls and procedures to verify sustainability claims.
Ethical Consumerism
H&M Expands its Commitment to Sustainability with New Pledge to Ethical Sourcing
The global retailer has committed that by 2030 100% of its products will be made from recycled or sustainably sourced materials.
Sustainable Materials
Stella McCartney Unveils the Hult Prize for Revolutionizing Fashion with Banofi
Banofi, a banana leather producer, has won the Hult Prize's first-ever fashion-focused competition, earning $1 million in seed funding for their innovative sustainable leather made from discarded banana waste, presented by Stella McCartney.
Our Community
Sustainable Suppliers News
Lenzing is on its way to Hitting its 2030 Environmental Goals
Backed by the Science Based Targets Initiative, Lenzing Group has released a report that reveals it’s “on track” to halve its CO2 emissions by 2030.
Sustainable Materials
ID.EIGHT: The New Cruelty-Free Sneakers are Made from Apple Skin, Grape, and Pineapple Leather
Designed by Italian sneaker brand ID.EIGHT, the sneakers are not only unisex and animal cruelty free, but are also made from materials that are waste products in the food industry - apple peels and cores, grape skins, seeds and pineapple leaves.
Sustainability Governance
The Cosmetics Industry's 2030 Target: Sustainable Development
The major objective for the cosmetics industry is to achieve sustainable development in its products by 2030 and in doing so, reduce pollution.