The H&M Foundation has committed $15.4 million to support the Ellen MacArthur Foundation’s Fashion ReModel initiative, a project aimed at advancing commercially viable alternatives to traditional garment production. This collaboration seeks to reduce the fashion industry’s dependence on new resource consumption by promoting circular business models such as rental, repair, resale, and remaking. Over the […]
ArcelorMittal, the world’s second-largest steelmaker, announced on Friday that it is postponing planned green investments, due to uncertainties surrounding European Union regulatory directives. Earlier this year, the company secured €850 million ($885 million) in subsidies from the French government to support its €1.7 billion decarbonization investment program, scheduled to run through 2030 at its Dunkirk […]
