All CSR & Sustainability articles – Page 9
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ArticleEU expects to strike a trade deal with Indonesia in 2024
The European Union expects to be able to reach a free trade agreement with Indonesia within two years, despite a trade dispute regarding palm oil and nickel, according the European Commission’s Executive Vice President and Commissioner for Trade, Valdis Dombrovskis. Dombrovskis believes it is possible to reach a comprehensive economic ...
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News briefs
Prada buys a stake in the tannery Superior
Prada has purchased a 43.65 percent stake in Superior, a Tuscan tannery specialized in calfskin processing, for an undisclosed amount. Superior has recently focused its investments on process digitization and a sustainable development plan centered on the circular economy, energy efficiency and water resource protection. According to the terms of ...
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News briefs
EU plans to ban products made with forced labour
The European Commission has proposed to prohibit products made with forced labour on the European Union market. The proposal covers all products, including those made in the EU for domestic consumption and exports, and imported goods, without targeting specific companies or industries. “This comprehensive approach is important because an estimated ...
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News briefs
Amazon in green hydrogen supply deal
Amazon has signed an agreement with Plug Power to supply 10,950 tons per year of green hydrogen for its transportation and building operations, starting in 2025. The move is part of Amazon’s efforts to meet its Climate Pledge commitment to be net-zero carbon across its operations by 2040. Amazon co-founded ...
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News briefs
Lane Eight partners with Carbonfact to lower carbon footprint
Lane Eight, a U.S. performance footwear brand, has partnered with Carbonfact to achieve an assessment of its carbon footprint, which it aims to reduce to net zero by 2030. Lane Eight footwear is made using material such as eucalyptus, provided by Tencel, and algae, thanks to Bloom, as well as ...
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News briefs
Merrell’s ReTread take-back program starts in Europe
Merrell’s sustainability initiative “This Is Home,” launched earlier this year in the U.S. and Canada, has been introduced in Europe. As part of the “This Is Home” initiative, Merrell is rolling out, in partnership with ReCircled, a multinational product take-back and resale program called Merrell ReTread to save ...
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News briefs
Aquafil and Genomatica advance on plant-based nylon-6
Aquafil and Genomatica have been collaborating to produce pilot-scale quantities of plant-based nylon-6 and have announced that they have now successfully completed the first demonstration-scale production runs. This will help determine the final design of future commercial plants and constitutes a step closer to the commercialization of the material. Plant-based ...
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News briefs
Walmart buys 4,500 electric delivery vehicles
Walmart has signed an agreement with Canoo, a U.S. mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. No financial details were released. The vehicles will be used to deliver online orders and will also ...
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News briefsFarfetch posted a strong increase in sales of sustainable products in 2021
Farfetch experienced 92 percent growth year-over-year in gross merchandise value (GMV) for “conscious products” in 2021, with 7.4 percent of GMV being “conscious,” according to the 2021 ESG Report of the British online fashion retailer. It noted that there was an 84 percent increase of conscious products available on its ...
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News briefs
Veja opens first Berlin store
The French sneaker brand Veja has opened its first store in the German capital. The 100 square meter shop is located in the central and historic district of Berlin Mitte. In addition to the men, women, and kids’ collections, an in-store cobbler will offer to repair and clean footwear produced ...
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News briefs
Decathlon and Intersport install recycling bins
Decathlon and Intersport are setting up bins in their stores in which customers can deposit used sporting goods, textiles excluded, for recycling or other secondary use, according to the French financial paper Les Echos. Both retailers have joined the network of a non-profit organization called Ecologic, and their full system ...
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ArticleSaye sees 2022 sales reaching €8m on new model launches
Saye, a fast-growing Barcelona-based company specialized in sustainable footwear, posted sales of €5 million in 2021, up by 80 percent year-over-year, and expects the top line to reach more than €8 million this year. Growth will be supported by the launch of four new models in the coming months compared ...
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News briefs
The Natural Fibers Alliance calls for suspension of Higg Index
In the wake of the recent New York Times article “How fashion giants recast plastic as good for the planet,” the Natural Fibers Alliance (NFA) is campaigning for an immediate suspension of the use of the Higg Index. Since its implementation in 2012 by the Sustainable Apparel Coalition, the ...
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News briefs
Icebug makes sneakers from other brands’ leftovers
Habit.se reported that the Swedish footwear brand Icebug has expanded its activity of producing shoes with the leftovers of textile brands. The company had manufactured a shoe whose upper was made of wool scraps from Woolpower’s underwear production. The website wrote that a pair of sneakers has now been made ...
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News briefs
VDL urges to use leather to avoid microplastics
The German leather association VDL presented a strong case of using leather as a means to avoid microplastics, which are plastic particles smaller than 5 millimeters. In a statement, VDL noted that the most common sources of microplastic pollution are polypropylene (PP) in packaging materials and polyethylene terephthalate (PET) used ...
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SponsoredGupta Overseas: Sustainability embedded into the company from concept
Footwear design and manufacturing firm Gupta HC Overseas reveals why its quality over quantity ethos has been an integral part of its business and how this has led it to be one of the most innovative companies in the sector.
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News briefs
DuPont Biomaterials sold, reincorporated as Covation Biomaterials
Following the completion of the purchase from DuPont for approximately $240 million, the Chinese Huafon Group has reincorporated former DuPont Biomaterials as a stand-alone company under the name Covation Biomaterials headquartered in the U.S. state of Delaware. Covation aims to create sustainable building blocks for customers to make innovative bio-based ...
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News briefs
Zegna targets annual revenues above €2 bn
The Italian fashion house Ermenegildo Zegna is aiming for annual revenues of over €2 billion and an adjusted Ebit margin of at least 15 percent in the medium-term. In 2021, the company posted revenues of €1.292 billion and an adjusted Ebit margin of 11.5 percent. In the first quarter of ...
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News briefs
UGG partners with Savory Institute’s Land to Market program
UGG, the Californian brand part of Deckers Brands, is partnering with the Savory Institute’s Land to Market program to support the transformation to regenerative agriculture in the Australian sheepskin industry. Regenerative agriculture is a conservation and rehabilitation approach to food and farming systems that aims to improve the entire ecosystem ...
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News briefs
ThredUp debuts Recommerce 100 report
U.S.-based company ThredUP, a large online resale service provider and platform for women’s and kids’ apparel, shoes and accessories, has started a monthly index that tracks which brands and retailers have launched resale programs and monitors their potential impact on the planet. The monthly Recommerce 100 report, conducted by the ...
