A recent study from Sourcing Champions signals a concerning stall in net-zero progress among global companies, particularly in emissions tied to supply chains and procurement. While larger firms are more likely to have set formal net-zero targets, many small- and medium-sized enterprises (SMEs) lag behind. This growing disparity, especially among smaller firms critical to global supply chains, could undermine broader climate goals if left unaddressed.

The Finnish fashion and textile technology company Infinited Fiber Company has completed a 40 million-euro funding round from new investors such as Inditex, TTY Management, Youngone and Goldwin, as well as its existing ones.

Retailer M&S has refreshed its iconic Plan A sustainability strategy to encompass a new commitment to reach net-zero emissions across its entire supply chain and product category by 2040.