News
Chanel and Sulapac Develop Biobased Cap for Perfume Bottles
French fashion brand Chanel has announced its partnership with Finnish start-up Sulapac. The new LES EAUX DE CHANEL 125ml perfume bottles will be made with a biobased cap developed with Sulapac. LES EAUX DE CHANEL fragrance was first introduced by…
Glasgow unveils new Green Deal, sets 2030 as date for Net-Zero
Glasgow City Council has launched its new draft Green Deal, which sets a target of achieving net-zero by 2030, and lays out the framework for economic recovery post-pandemic - with environmental and economic stability pitched as the plan’s driving motivators.…
UK Treasury reaches £16bn in net-zero funding through Green Gilt scheme
The UK Treasury has announced the second iteration of its Green Gilt bond has been successfully sold for £6bn, bringing total funding for projects accelerating the net-zero transition to £16bn. The first Green Gilt was launched in September, raising £10bn.…
ExxonMobil to Expand Carbon Capture Capacity at Wyoming facility
American multinational ExxonMobil yesterday (21 October) announced it had started the process to begin expanding its carbon capture and storage (CCS) capacity at LaBarge - its Wyoming-based facility. According to the company, this site has to date captured more carbon…
Rio Tinto announces New Target to Halve Carbon Emissions by 2030
On Wednesday this week (20 October), mining major Rio Tinto unveiled its new, ambitious climate targets that include spending $7.5bn on curbing its emissions, with the intention of halving its CO2 emissions in the next decade. Under Rio’s new push,…
allplants Secures $52M in Largest Ever Series B For a European Plant-Based Brand
Allplants, the UK ‘chef-to-customer’ service, has raised a record-breaking £38 million Series B funding round. The company has seen three consecutive years of triple-digit revenue growth. This represents the biggest ever Series B round for a European plant-based food business.…