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 […]
LEGO Marks Three Years of Near-Zero Waste to Landfill in Global Manufacturing
96% of production waste reused, recycled, or recovered in 2024, with less than 1% sent to landfill for three consecutive years. Over 160 tons of waste eliminated through digital and process improvements in factories across Denmark, China, and Mexico. Innovative circular systems adopted, including supplier partnerships to reuse packaging cores, reducing cardboard waste by 39 […]
New York Orders First New Nuclear Plant to Support Clean Energy Grid
Zero-emission nuclear plant: NYPA to develop at least 1 GW of advanced nuclear capacity to boost grid reliability and meet climate goals. Strategic energy move: Initiative strengthens New York’s energy independence and complements renewable power deployment. Public-private partnerships encouraged: NYPA to collaborate with private sector, focusing on feasibility, financing, and site selection. Governor Kathy Hochul […]
EFRAG Targets 50% Cut in ESRS Reporting Burden in Progress Update to EU Commission
Key Impact Points: 50% Reduction Goal: EFRAG aims to cut the number of mandatory data points in the ESRS by over half to ease the reporting burden on companies. Six Simplification Levers: Reforms include simplifying the double materiality assessment, streamlining disclosures, and improving clarity and interoperability with IFRS standards. October Deadline: EFRAG will publish draft […]
UK Commits £700 Million to Clean Energy Manufacturing in New Industrial Strategy
Clean energy investment to more than double to £30B annually by 2035, backed by £1.7B in public-private funding for supply chains. Advanced manufacturing receives £2.8B in R&D over five years to accelerate innovation, automation, and digitalisation. New industrial strategy integrates digital tech, life sciences, and services, positioning the UK as a global clean energy and […]
