Day: 22 September 2025

Hyundai CRADLE Partners with UNCAGED Innovations to Develop Sustainable Leather Alternatives for Vehicles

Stuart Mitchell

Hyundai CRADLE, Hyundai Motor Group’s global open innovation hub, is entering a partnership with UNCAGED Innovations, the world’s leading biomaterials company to create sustainable, animal-free leather for automotive interiors using grain byproducts. This collaboration reinforces the Group’s leadership in material innovation and environmental responsibility, showcasing its commitment to pioneering scalable, next-generation materials to shape the future of sustainable mobility. The partnership focuses on co-developing high-performance, bio-based leather alternatives that replace traditional leather materials. The result is a breakthrough material that reduces resource consumption on multiple fronts, using 95 percent fewer…

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Innovative Initiative To Protect Children In Cocoa-Growing Communities In Côte D’ivoire

Stuart Mitchell

A multi-stakeholder partnership between Save the Children, the Italian Cooperation, and Ferrero to improve children’s living conditions, enhance their well-being, and combat child labour. An innovative initiative bringing together institutions, private sector, and civil society to protect children and adolescents living in cocoa-farming communities in Côte d’Ivoire. This is the core of a new multi-stakeholder partnership between the Italian Cooperation, Save the Children, and Ferrero, with activities set to take place in the Haut Sassandra region and Montagnes district. The project, which will run until 2030, builds on and expands…

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Sustainability adjustments creep higher in reporting amongst UK’s largest companies

Stuart Mitchell

Almost half (46) of FTSE 100 companies made material prior-year adjustments (PYAs) to their climate and sustainability metrics for the second year running according to Deloitte UK. While the total number of companies making adjustments remained unchanged, analysis showed that six more companies made multiple adjustments this year, resulting in a total of 69 individual adjustments. The latest analysis looked at climate and sustainability disclosures in the most recently published annual and/or sustainability reports as of 31 December 2024. Notably, 25 (60%) of the entities that reported a PYA last…

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Insurers need support on understanding climate investment impact

Stuart Mitchell

Insurance investment managers and investment managers need more support on understanding the impact of different climate scenarios on their investments, a new global study* shows. Around one in four respondents admit their organization’s current understanding of climate related impact is only average, while 76% consider their understanding of the impact of different climate scenarios to be good. The study from Ortec Finance, involving investment managers responsible for $10.48 trillion AUM, found that more than 90% of respondents said they expected climate risk and impacting investing to become more important to…

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Xampla secures $14 million new investment to replace 10 billion units of single-use plastic

Stuart Mitchell

A major injection of more than $14m in private capital is set to accelerate Xampla’s mission to replace single-use plastics with alternatives made from plants.  Lead investor Emerald Technology Ventures runs Europe’s first specialist, venture-backed investment fund targeting the full packaging lifecycle.  The fund aims to catalyse leaps in advanced materials that benefit the planet and earn significant returns.   Also leading the Series A round is BGF, one of the largest growth capital investors in the UK and Ireland, and Munich-based Matterwave Ventures, along with follow-on investment from existing investors…

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