Environmental Issues

Pachama Gets Backing from Shopify to Pioneer Groundbreaking Reforestation Initiative in Brazil’s Atlantic Forest

Retrieved on: 
Wednesday, April 3, 2024

Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestation investment in Brazil’s Atlantic Forest.

Key Points: 
  • Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestation investment in Brazil’s Atlantic Forest.
  • Getting Shopify’s support marks a significant milestone in Pachama’s journey to bring more high-quality reforestation projects to market.
  • The Atlantic Forest, renowned for its unparalleled biodiversity, has faced severe deforestation, with only 12% of its original expanse remaining.
  • Furthermore, the initiative will establish a vital wildlife corridor between two remaining forest patches, fostering the unrestricted movement of native animal species.

NILIT Goes Circular with SENSIL® Flow

Retrieved on: 
Tuesday, April 2, 2024

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    “Our mission to create a more sustainable textile industry requires a shift in mindset throughout the value chain,” says Ilan Melamed, NILIT General Manager.
  • “SENSIL® Flow represents an out-of-the-box approach that directly enables yarn and fabric recycling and lays the groundwork for apparel recycling and is part of a broader circularity mission for NILIT.
  • Engineered to provide inherent elasticity and recovery properties, SENSIL® Flow creates comfortable, stretchable performance fabrics for the casual and lifestyle segments.
  • Certificates will validate circularity and provide transparency and accountability for partners committed to building a circular textile economy.

Bluebolt Outdoor Installs Solar-Powered Device Charging Benches at CSU-Dominguez Hills

Retrieved on: 
Tuesday, April 2, 2024

Bluebolt Outdoor LLC, a division of Blue Outdoor, in collaboration with California State University - Dominguez Hills and its sustainability unit has installed solar-powered benches on campus.

Key Points: 
  • Bluebolt Outdoor LLC, a division of Blue Outdoor, in collaboration with California State University - Dominguez Hills and its sustainability unit has installed solar-powered benches on campus.
  • View the full release here: https://www.businesswire.com/news/home/20240402804880/en/
    Bluebolt's Solar-Powered Benches recently installed at California State University Dominguez Hills.
  • This configuration allows for device charging and additional campus lighting in the evening, with enough stored power to last up to five days.
  • Bluebolt manages all aspects of the program, including advertising sales within University approved categories, allowing for additional revenue generation while providing free solar benches to the campus community.

"Original Shark" Kevin Harrington Brings His Star Power to OriginClear Crowdfunding Campaign

Retrieved on: 
Tuesday, April 2, 2024

Interested investors can go to https://offer.originclear.com/reserve and make a non-binding indication of interest and register to receive updates.

Key Points: 
  • Interested investors can go to https://offer.originclear.com/reserve and make a non-binding indication of interest and register to receive updates.
  • View the full release here: https://www.businesswire.com/news/home/20240402638417/en/
    "Water is our most precious commodity and yet in many places, we could run out of water in just 25 years.
  • Investors can benefit from OriginClear’s current majority ownership in WODI, while also helping to build future world class companies.
  • FRLA will not generate any operating revenues until after the completion of its initial business combination, at the earliest.

Sparxell Raises $3.2m to Advance Development of Sustainable Pigments

Retrieved on: 
Tuesday, April 2, 2024

Sparxell’s pigments use the same material that many plants and animals use to produce vivid, durable, and fade-resistant colourants.

Key Points: 
  • Sparxell’s pigments use the same material that many plants and animals use to produce vivid, durable, and fade-resistant colourants.
  • The products are toxin-free and fully biodegradable with a colour intensity that lasts longer than traditional colourants and pigments on the market.
  • The colourants market is worth an estimated $38 billion and is expected to grow to over $100 billion by 2030 *.
  • Sparxell has already engaged in product innovation partnerships with blue-chip companies across different industries including leading car manufacturers, world-leading high-end fashion brands, and cosmetic goods manufacturers.

Texan by Nature Announces 2024 Conservation Wranglers

Retrieved on: 
Monday, April 1, 2024

Texan by Nature (TxN), a conservation non-profit, today announces the selection of the 2024 TxN Conservation Wranglers.

Key Points: 
  • Texan by Nature (TxN), a conservation non-profit, today announces the selection of the 2024 TxN Conservation Wranglers.
  • Conservation Wrangler is an accelerator program that catalyzes the very best Texan-led conservation projects occurring in the state.
  • The Texan by Nature team will work with the four 2024 Conservation Wranglers and provide 12-18 months of tailored support in program management, strategic planning, marketing strategy, metrics capture and analysis including the production of a Return on Conservation™ Index for select projects, professional content creation, and partnership development – whatever is needed to accelerate the project.
  • We look forward to sharing progress and opportunities to engage with these outstanding programs.”
    Texan by Nature will recognize the 2024 Conservation Wranglers at the annual Conservation Summit on October 23, 2024, in Dallas, TX at the George W. Bush Presidential Center.

Morgan Stanley Capital Partners Acquires Resource Innovations

Retrieved on: 
Tuesday, April 2, 2024

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, today announced it has acquired Resource Innovations (“RI” or the “Company”), a leading tech-enabled services company focused on energy efficiency and sustainability.

Key Points: 
  • Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, today announced it has acquired Resource Innovations (“RI” or the “Company”), a leading tech-enabled services company focused on energy efficiency and sustainability.
  • Under the terms of the agreement, MSCP acquired a controlling interest in the Company from BV Investment Partners and certain other shareholders.
  • I look forward to working together with Morgan Stanley Capital Partners to continue to grow our Company.”
    MSCP’s acquisition of Resource Innovations represents its third investment in industrials and outsourced services, following the acquisition of Apex in 2023 and Alliance Technical Group in 2021.
  • Latham & Watkins served as legal counsel to Resource Innovations and BV Investment Partners, and Jefferies LLC served as financial advisor.

The Walt Disney Company and National Geographic Celebrate Earth Month With New Global Cross-Platform Campaign, ourHOME

Retrieved on: 
Monday, April 1, 2024

The Walt Disney Company and National Geographic announced today a new global cross-platform campaign, ourHOME, timed to coincide with Earth Month.

Key Points: 
  • The Walt Disney Company and National Geographic announced today a new global cross-platform campaign, ourHOME, timed to coincide with Earth Month.
  • ourHOME will touch every area of The Walt Disney Company:
    DisneyPlanetPossible.com – Destination detailing actions The Walt Disney Company is taking to protect, restore and celebrate our planet.
  • All relevant social handles will be celebrating ourHOME all month long, including: @Disney; @Disney+; @NatGeo; @NatGeoTV; @NatGeoWILD; @NatGeoTravel; @Disney; @NatGeoAdventure; @NatGeoDocs.
  • ourHOME campaign will be part of Disney Earth Month celebrations around the world in major regions in EMEA, APAC and LATAM.

MUFG Bank Announces, MUFG Announces New Medium-term Business Plan

Retrieved on: 
Monday, April 1, 2024

MUFG today announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024.

Key Points: 
  • MUFG today announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024.
  • Since the three years of the COVID-19 pandemic, the business environment has changed at an unforeseen pace.
  • Taking the opportunity offered by this major environmental change surrounding MUFG’s business, the next MTBP period is positioned as “three years to pursue and produce growth”.
  • For more information on our sustainability initiatives, please refer to today’s press release “ Publication of the MUFG Climate Report 2024 and the MUFG TNFD Report, and Other Sustainability-related Initiatives ”.

FIGS Releases Its 2023 Impact Report

Retrieved on: 
Monday, April 1, 2024

FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today released its 2023 Impact Report.

Key Points: 
  • FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today released its 2023 Impact Report.
  • The full FIGS 2023 Impact Report is available at wearfigs.com/impactreport and provides a comprehensive view into FIGS’ efforts to positively impact healthcare professionals.
  • View the full release here: https://www.businesswire.com/news/home/20240401113316/en/
    FIGS Releases 2023 Impact Report (Graphic: Business Wire)
    “Since day one, FIGS has been on a mission to improve the lives of healthcare workers globally,” said Trina Spear, Chief Executive Officer and Co-Founder.
  • Creating impact for our Awesome Humans, along with all of our stakeholders, is why we started FIGS and it’s what still drives us today.”
    Highlights of the FIGS 2023 Impact Report include:
    FIGS donated almost $600,000 to 17 organizations.