Sustainability
BASF calculates CO2 footprint of all sales products
BASF will provide its customers with total values of CO2 emissions, so called “carbon footprints” for all of its products. The Product Carbon Footprint (PCF) comprises all product-related greenhouse gas emissions that occur until the BASF product leaves the factory gate for the customer: from the purchased raw material to the use of energy in production processes.
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Indorama ventures becomes first chemical company TCFD supporter reinforcing sustainability and ESG leadership in Thailand
Indorama Ventures Public Company Limited (IVL), a global chemical producer, has become a Task Force on Climate-Related Financial Disclosures (TCFD) Supporter. IVL is the first chemical company in Thailand and the second chemical company in Southeast Asia to become a TCFD supporter by volunteering to comply with TCFD recommendations and supporting their climate change agenda. Becoming an official Supporter cements the company's commitment towards and leadership in sustainability, embedding Environmental, Social and Governance (ESG) factors in IVL's business operations.
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During the virtual “Neonyt On Air” taking place in the week from 13-17 July 2020, fashion and digital experts will be discussing innovative topics related to business, lifestyle and knowledge in panel talks and live interviews. Plus: the initiators of Frankfurt Fashion Week – Messe Frankfurt and the Premium Group – will be letting us in on what summer 2021 has in store.
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Södra received its certification (1) according to the Recycled Claim Standard (RCS) on 24 June. The aim of RCS is to increase the use of recycled materials. “This certification enables Södra to produce and sell RCS-certified OnceMore™ pulp. It means that customers receive a promise that recycled cotton has been added to the mixture and that the cotton is derived from collected textiles that would otherwise have been treated as waste,” said Eva Gustafsson, Sustainability Coordinator at Södra.
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The non-profit H&M Foundation is initiating a long-term project to support women garment workers in Bangladesh, starting with their urgent needs connected to COVID-19. As a first step, 12 million SEK (1.3 million USD) is donated to WaterAid, CARE and Save the Children to provide around 76,000 young women, their families and community members in around Dhaka with emergency relief, also reaching 1 million people with messages on COVID-19 and hygiene practices. The H&M Foundation also calls for others to show their support.
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Suominen has signed a credit facility agreement linked to sustainability targets
Suominen has entered into a single-currency syndicated revolving credit facility agreement of EUR 100 million with a maturity of three years with two one-year extension options. The lenders for the facility are Danske Bank A/S, Finland Branch and Nordea. The new credit facility includes leverage ratio and gearing as financial covenants.
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Indorama Ventures becomes first chemical company TCFD Supporter reinforcing sustainability and ESG leadership in Thailand
Indorama Ventures Public Company Limited (IVL), a global chemical producer, has become a Task Force on Climate-Related Financial Disclosures (TCFD) Supporter. IVL is the first chemical company in Thailand and the second chemical company in Southeast Asia to become a TCFD supporter by volunteering to comply with TCFD recommendations and supporting their climate change agenda. Becoming an official Supporter cements the company's commitment towards and leadership in sustainability, embedding Environmental, Social and Governance (ESG) factors in IVL's business operations.
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Sustainability
Sustainable fashion: How are the leaders in fast fashion doing?
Brands are prepared for the new health protection rules and have reopened their stores. But aside from the direct impact of the COVID-19 epidemic, is the fashion market ready to respond to customers’ desire to act by changing their spendinghabits? Basedon analyses by Retviews, a recently acquiredstartup, Lectrahas produced a survey of sustainable fashion among the leading fast fashion brands. The main findings are explained here.
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IAF launches CO2 improve initiative
IAF is launching its ‘CO2 improve’ initiative today, aiming to help the worldwide fashion & lifestyle community to do better when it comes to CO2 emissions through fashion logistics. Han Bekke, IAF chairman explains: ‘Fashion supply chains cover the globe so the logistical operations in the fashion industry almost by definition add up to a very high level of pollution.
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Carbios begins construction on industrial demonstration plant in final step to commercializing its PET recycling technology
Carbios (Euronext Growth Paris: ALCRB) a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, announced the launch of the construction of its industrial demonstration plant for the enzymatic recycling of PET plastic. The demonstration plant is located near Lyon, in France’s Chemistry Valley, the French hub of innovation and industrial production in the chemical, environmental and cleantech sector. Carbios is supported and advised by TechnipFMC for the engineering and construction of this demonstration plant[1].
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Older News
Sustainability
Sellpy launches in Germany
Sellpy has united second-hand lovers in Sweden since 2014. Now they are launching in Germany, making it possible for more customers to shop from a wide range of second-hand pieces or resell their pre-loved styles.
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adidas and Parley for the Oceans celebrate the 5th anniversary of their partnership
On the day that marks the fifth anniversary of their partnership, adidas and Parley for the Oceans are renewing their commitment to their mutual mission of helping to end the global plastic crisis, bringing eco-innovation and change to the industry, and driving the Material Revolution to replace plastic altogether.
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PrimaLoft and Fiberpartner announce new partnership
PrimaLoft, the leader in advanced material technology, announced a new partnership agreement with Fiberpartner, a global supplier of stapled fibers, technical yarns and plastics. This new licensing agreement allows for Fiberpartner to develop the use of Primaloft’s groundbreaking PrimaLoft® Bio™ technology in multiple new industries.
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