The Lenzing Group, a leading global producer of regenerated cellulose fibres for the textile and nonwoven industries, has expanded its renewable energy portfolio with the commissioning of a new 1.3 MWp photovoltaic (PV) plant at its Lenzing site, developed in partnership with Verbund. This
Elevate Textiles, along with its brands A&E, Burlington, Cone Denim, Gütermann, and Safety Components, has received validation from the Science Based Targets initiative (SBTi) for its near-term and net-zero emissions targets. The approval confirms that Elevate’s climate goals align with the most ambitious criteria under the SBTi’s Net-Zero Standard. The company aims to
Syre, the textile impact company initiated by Vargas and H&M Group, has secured a $100 million Series A funding round. Led by TPG Rise Climate, the round included investments from H&M Group, Giant Ventures, IMAS Foundation, Norrsken VC, and Volvo cars. CEO Dennis Nobelius expressed excitement about the ambitious investors joining their mission to drive […]














