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Lululemon Appoints Former Nike CSO as New Sustainability Head

Lululemon Appoints Former Nike CSO as New Sustainability Head

Athletic apparel company lululemon announced the appointment of former Nike Chief Sustainability Officer Noel Kinder to lead the company’s sustainability team as Senior Vice President of Sustainability. Kinder joins lululemon after spending 25 years at Nike, most recently serving as Chief Sustainability Officer until 2024, driving the creation and operationalization of Nike’s global sustainability strategy, including the development of enterprise-wide…

Drax declines to raise HEIT bid

Drax declines to raise HEIT bid

The Harmony Energy Income trust (HEIT) board has recommended Foresight Group LLP’s takeover offer to its shareholders after Drax announced it would not increase its bid. Drax, the power generation business, made an 88p per share offer to acquire the trust in March after Foresight’s original 84p per share offer. However, yesterday (20 May) they announced they would not increase the…

Carlyle Launches New Clean Energy Infrastructure Development Platform

Carlyle Launches New Clean Energy Infrastructure Development Platform

Global private capital investment firm Carlyle announced the launch of Revera Energy, a new platform that will invest in and develop sustainable and clean energy infrastructure solutions in Australia and the UK. Revera will develop, build, own, and operate energy infrastructure projects involving battery storage, renewable power, and green hydrogen. The projects will include those in Carlyle’s current portfolio, comprised…