Gap, Target, and Houdini Partner with Syre to Drive Global Shift to Circular Polyester
Syre secures strategic partnerships with Gap Inc., Target, and Houdini Sportswear to scale circular polyester production. Gap to source 10,000 metric tons annually of Syre’s recycled polyester; Target commits to embedding circular fibers in its owned brands. Syre’s North Carolina plant to launch in 2026, with further expansion into Vietnam planned, targeting over 3 million […]
IFRS Foundation Issues New Guidance on Climate Transition Plan Disclosures
Streamlined Climate Disclosure: New guidance helps entities provide consistent, high-quality transition-related disclosures under IFRS S2. Global Alignment: Builds on UK TPT materials while ensuring compatibility with the ISSB’s global baseline. Jurisdictional Flexibility: Allows local authorities to tailor additional disclosure requirements without obscuring core financial data. The IFRS Foundation has published new guidance to help entities […]
Greenbelt Capital Closes First Fund at $1B to Accelerate Energy Transition
Greenbelt Capital’s debut fund closes at its $1B hard cap—exceeding its $750M target. The fund targets investments driving energy, power, and infrastructure transformation. Greenbelt now manages $2.5B and has begun deploying capital into portfolio companies. Greenbelt Capital Partners, a private equity firm focused on advancing energy and infrastructure transformation, has closed its inaugural fund—Greenbelt Capital […]
EU Council Pushes Major Cutbacks to Sustainability Reporting and Due Diligence Rules
Smaller Company Relief: EU Council raises thresholds, cutting sustainability reporting burdens for up to 80% of firms. Due Diligence Scaled Back: CSDDD scope limited to companies with 5,000+ employees and €1.5B+ turnover, shifting to a risk-based approach. Transition Plan Delayed: Obligation for climate transition plans postponed by two years, with narrowed requirements. The EU Council […]
L’Oréal Launches €100M Innovation Accelerator to Scale Sustainable Beauty Solutions
L’Oréal’s new Sustainable Innovation Accelerator, backed by €100M over 5 years, targets seven critical sustainability areas in the beauty sector. In partnership with the University of Cambridge Institute for Sustainability Leadership (CISL), the program offers mentorship, pilot development, and potential investment. Startups, SMEs, and established companies have until September 30, 2025, to apply for the […]
