HUGO BOSS has introduced NovaPoly, a groundbreaking recycled polyester yarn designed to reduce the environmental impact of fashion, particularly addressing the growing concern of microplastic pollution. Created in collaboration with Jiaren Chemical Recycling and NBC LLC, NovaPoly is made from textile waste sourced from both clot...
Chestnut Carbon’s 17 Million Trees Mark Major Milestone in U.S. Afforestation Project
In:
Decarbonization
Chestnut Carbon has achieved a significant environmental milestone by planting over 17 million trees across 30,000 acres in the Southeastern U.S., marking the largest afforestation project in the country listed on the prestigious Gold Standard® registry. This monumental effort, which began in 2022, has now been verified as the f...
Syre Raises $100M to Scale Textile Recycling, Secures $600M Deal with H&M
Syre, a leading textile recycling startup, has raised $100 million in Series A funding to accelerate its mission of decarbonizing the textile industry. The Sweden-based company focuses on scaling textile-to-textile polyester recycling to reduce the industry’s reliance on virgin polyester, a material that accounts for 80% of synt...
LEED v5 Redefines Sustainability: 50% of Certification Points Focus on Decarbonization
The U.S. Green Building Council (USGBC) has unveiled LEED v5, a comprehensive update to its globally renowned green building certification system. Designed to elevate building performance while reducing carbon footprints, LEED v5 shifts the focus to decarbonization, climate resilience, and occupant health. With half of the certi...
Biomas Launches Landmark Reforestation Project to Restore Atlantic Rainforest
In:
Decarbonization
Biomas, a Brazilian reforestation company backed by major corporate investors including Vale, Marfrig, Suzano, Santander Brasil, Itaú, and Rabobank, has initiated its first large-scale environmental restoration project in Bahia state. The Mucununga Project, representing a $9.7 million investment, will plant over 2 million native...
Dutch Government Commits €639M to Safeguard Aramis Carbon Storage Project Amid Industry Pullback
The Netherlands is injecting €639 million into the Aramis carbon capture and storage (CCS) project to ensure its progress after Shell and TotalEnergies withdrew funding for the pipeline infrastructure. While both companies will continue to support the development of the CO₂ storage facilities, their exit reflects a broader trend...