ESG Sustainable Procurement News and Updates
"Zero Carbon Emission" News Archive
Parent Companies of Zara, Uniqlo and H&M Invest 40 Million Euros in Infinited Fiber Company
The Finnish fashion and textile technology company Infinited Fiber Company has completed a 40 million-euro funding round from new investors such as Inditex, TTY Management, Youngone and Goldwin, as well as its existing ones.
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.
Are ESG-Compliant Companies More Profitable?
ESG performance is now - and in the future - a differentiating value that has gained weight in recent years, as seen in the efforts by retailers such as Nike, LVMH, Marks & Spencers, and more.
Mud Jeans Achieves Impressive 42% Reduction in Carbon Emissions
Mud Jeans significantly reduced its carbon emissions by 42% in 2022, mainly through efficiency improvements with its manufacturing partner, Yousstex, and has maintained carbon neutrality since 2016.
New Report Criticizes Major Fashion Brands for Ongoing Fossil Fuel Use and Lack of Renewable Energy Initiatives
The report assesses 11 apparel and footwear companies’ insufficient efforts to eliminate fossil fuels from supply chains, manufacturing, and shipping.
Newlight Technologies Secures $125 Million to Propel Nike and Target Towards Zero Fossil-Based Plastics
Newlight Technologies is leveraging decarbonization technology to convert greenhouse gasses into versatile AirCarbon materials via microorganisms for Target, Nike, and H&M.
Amazon and Kohl's, Inc. Grapple with SBTi Emissions Targets
Amazon and Kohl's face a pivotal challenge in aligning their sustainability pledges with stringent science-based emissions targets, amidst a broader struggle among global corporations, raising concerns about potential non-compliance consequences.
Revealing Allbirds' Innovative Design: The World's First Net Zero Carbon Shoe
Allbirds has unveiled a groundbreaking net zero carbon shoe, urging industry peers to follow suit and sharing comprehensive methodology, which features a carbon-negative regenerative wool.
Royal Canin® to Achieve Carbon Neutral Footprint by 2025
The ROYAL CANIN® brand, a global expert in pet nutrition, has committed to become certified carbon neutral by 2025 with its first product range aiming to be certified carbon neutral by 2022. This comes as parent company Mars, Incorporated, announces that it seeks to achieve net zero greenhouse gas emissions across its full value chain by 2050.
Starbucks Greener Stores Accelerate Global Movement Towards a More Sustainable Future
Greener Stores allow Starbucks to test solutions for scale to help the company realize its Planet Positive goals to reduce carbon emissions, water usage and landfill waste by 50%.
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Parent Companies of Zara, Uniqlo and H&M Invest 40 Million Euros in Infinited Fiber Company
The Finnish fashion and textile technology company Infinited Fiber Company has completed a 40 million-euro funding round from new investors such as Inditex, TTY Management, Youngone and Goldwin, as well as its existing ones.
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.
Are ESG-Compliant Companies More Profitable?
ESG performance is now - and in the future - a differentiating value that has gained weight in recent years, as seen in the efforts by retailers such as Nike, LVMH, Marks & Spencers, and more.