Lululemon Expands Bio-Based Nylon Push with ZymoChem Partnership to Scale Sustainable Materials
lululemon deepens biotech investment: Expands partnership with ZymoChem to scale bio-based nylon 6,6 for commercial use. Innovative materials leadership: Supports lululemon’s broader push into sustainable innovation through strategic collaborations. Global decarbonization impact: ZymoChem’s patented technology targets petroleum-free nylon, enabling next-gen performance textiles. lululemon is pushing the frontiers of sustainable apparel with a new multi-year collaboration […]
Gasunie Commits $13B to Dutch Grid Overhaul, Prioritizing Sustainable Gases
$13B investment planned by Gasunie to accelerate the energy transition and support Dutch industrial competitiveness. 65% of funds allocated to hydrogen, biomethane, and other sustainable gas infrastructure, with ongoing support for carbon capture and storage (CCS). Green project share of total investment rose from 20% to 45% in 2023—signaling a major strategic shift. Gasunie is […]
Mizuho Becomes First Japanese Bank to Join NextGen CDR Facility with Long-Term Carbon Removal Credit Deal
Mizuho Financial Group joins the NextGen CDR Facility, marking the first Japanese bank to commit to long-term purchases of technology-based carbon dioxide removal (CDR) credits. This participation aims to accelerate the development and market establishment for high-quality CDR credits, crucial for achieving net-zero emissions. Mizuho plans to leverage its involvement to develop domestic trading platforms […]
Stellantis to Keep Buying Tesla-Led Emissions Credits in 2025 Despite EU Compliance Delay
Stellantis will continue purchasing CO₂ credits from Tesla’s emissions pool in 2025. This decision comes despite the European Commission’s recent allowance for a three-year average compliance period (2025-2027). Stellantis acknowledges the temporary relief but emphasizes the need for long-term EV strategy acceleration. Stellantis, Europe’s second-largest automaker, has reaffirmed its commitment to purchasing CO₂ credits from […]
Norges Bank Buys 49% Stake in RWE Offshore Wind Projects for €1.4 Billion
$1.5B Deal: Norges Bank Investment Management acquires 49% of RWE’s Nordseecluster and Thor offshore wind farms. Major Capacity: Combined 2.64 GW output will power 2.6M homes across Germany and Denmark. CapEx Relief for RWE: Deal reduces RWE’s net cash investment by €4B, creating a €150M book gain. Norway’s sovereign wealth fund is making a bold […]
