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<!DOCTYPE html><html><head><meta charSet="utf-8"/><meta name="viewport" content="width=device-width, initial-scale=1.0, viewport-fit=cover"/><title>Evrnu® — Certified BCorp</title><meta name="description" content="Evrnu is a Certified B Corporation. 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focus-visible:underline" href="/what-we-do" target="_self">What we do</a></li><li class="block font-serif text-s-menu-item -tracking-[0.03em]" style="opacity:0;transform:translateX(-1em) translateZ(0)"><a class="block focus-visible:underline" href="/latest" target="_self">Latest</a></li><li class="block font-serif text-s-menu-item -tracking-[0.03em]" style="opacity:0;transform:translateX(-1em) translateZ(0)"><a class="block focus-visible:underline" href="/contact" target="_self">Contact</a></li></ul><ul class="flex flex-col items-start justify-center" data-testid="stack"><li class="block font-sans text-s-menu-social uppercase tracking-[0.05em] focus-visible:underline" style="opacity:0"><a class="block focus-visible:underline" href="https://twitter.com/futureofapparel" target="_blank">Twitter</a></li><li class="block font-sans text-s-menu-social uppercase tracking-[0.05em] focus-visible:underline" style="opacity:0"><a class="block focus-visible:underline" 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lg:block"><span class="absolute z-10 w-px bg-neutral-black" style="height:1px"></span></div><div class="relative grid grow overflow-clip sm:basis-1/2 sm:border-t-0 lg:basis-3/5" style="opacity:0"><img class="absolute -inset-[50px] z-0 h-[calc(100%+100px)] !w-[calc(100%+100px)] max-w-none object-cover object-center blur-[40px]" alt=" All-required" decoding="async" loading="lazy" sizes="(max-width: 768px) 100vw, (max-width: 1024px) 50vw, 40vw" src="https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/400x191/smart" srcSet="https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/400x191/smart 400w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/600x286/smart 600w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/800x381/smart 800w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1000x477/smart 1000w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1200x572/smart 1200w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1400x667/smart 1400w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1600x763/smart 1600w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1800x858/smart 1800w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2000x953/smart 2000w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2200x1049/smart 2200w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2400x1144/smart 2400w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2600x1239/smart 2600w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2800x1335/smart 2800w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/3000x1430/smart 3000w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/3200x1525/smart 3200w" title=""/><div class="flex flex-col relative z-10 items-start gap-y-10 px-6 py-8" data-testid="stack"><img class="block h-9" alt="NuCycl" loading="lazy" src="https://a-us.storyblok.com/f/1005741/172x35/07e0e8db39/nucycl.svg" height="35" width="172"/><p class="mt-auto max-w-[410px] text-[15px] leading-[21px]">Our Nucycl® technology converts cotton waste into new fiber, which can be reformed again and again.</p><a class="inline-flex cursor-pointer items-center justify-between whitespace-nowrap px-5 leading-6 outline-none transition-colors disabled:cursor-default disabled:opacity-30 border border-primary-base bg-transparent text-primary-base hover:bg-primary-base hover:text-neutral-white focus-visible:bg-primary-base focus-visible:text-neutral-white disabled:border-primary-base disabled:bg-transparent disabled:text-primary-base h-[48px] gap-x-2 rounded-[24px]" href="nucycl"><span class="font-sans font-semibold uppercase leading-none text-[14px]">Discover More</span><span class="flex h-4 items-center [&>*]:h-full"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="1.81 4.41 20.38 15.19"><path stroke="currentColor" stroke-miterlimit="10" d="M14.597 4.907 21.689 12l-7.092 7.093M21.69 12H2.31"></path></svg></span></a></div></div><div class="relative hidden border-primary-base sm:block sm:basis-1/2 lg:basis-2/5"><span class="absolute top-0 left-0 z-10 h-[9px] w-[9px] origin-center -translate-x-1/2 -translate-y-1/2 rounded-full bg-primary-base" style="transform:translateX(-45%) translateY(-50%) scale(0) translateZ(0)"></span><div class="lg:hidden"><span class="absolute bottom-0 z-10 w-px bg-neutral-black" style="height:1px"></span></div><div class="hidden lg:block"><span class="absolute right-0 z-10 h-px bg-neutral-black" style="width:1px"></span></div><div style="opacity:0"><img class="absolute inset-0 z-0 h-full w-full object-cover object-center" alt=" All-required" decoding="async" loading="lazy" sizes="(max-width: 768px) 100vw, (max-width: 1024px) 50vw, 40vw" src="https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/400x191/smart" srcSet="https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/400x191/smart 400w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/600x286/smart 600w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/800x381/smart 800w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1000x477/smart 1000w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1200x572/smart 1200w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1400x667/smart 1400w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1600x763/smart 1600w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/1800x858/smart 1800w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2000x953/smart 2000w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2200x1049/smart 2200w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2400x1144/smart 2400w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2600x1239/smart 2600w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/2800x1335/smart 2800w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/3000x1430/smart 3000w,https://a-us.storyblok.com/f/1005741/1284x612/857adbb81b/nav.png/m/3200x1525/smart 3200w" title=""/></div></div></div></div></div><main id="main"><div class="flex flex-col" data-testid="stack"><section class="divide-y divide-neutral-black bg-secondary-base lg:flex lg:divide-y-0"><div class="px-4 pt-[8.5rem] pb-[4.5rem] lg:w-1/2 lg:pl-5 lg:pr-8 lg:pt-[9.25rem] lg:pb-16"><ul class="space-y-3 text-[14px] font-medium uppercase tracking-[0.05em] text-neutral-black md:flex md:space-y-0 md:space-x-3 md:divide-x-2 md:divide-accent-red-base md:leading-3"><li><time dateTime="February 6, 2023">February 6, 2023</time></li><li class="md:pl-3">BLOG</li><li class="opacity-40 md:pl-3">2 min read.</li></ul><h1 class="pt-8 font-serif text-s-article-title text-neutral-black lg:pt-3">We’re Proud To Be a B Corp</h1><div class="pt-8"><div class="flex w-10 space-x-2"><button data-testid="IconButton" class="group flex items-center"><span class="inline-flex cursor-pointer place-content-center place-items-center rounded-full border outline-none transition-colors group-disabled:cursor-default group-disabled:opacity-30 h-10 w-10 p-2 border-primary-base/50 bg-primary-base/0 text-primary-base group-hover:bg-primary-base/100 group-hover:text-neutral-white group-focus-visible:bg-primary-base/100 group-focus-visible:text-neutral-white group-disabled:border-primary-base group-disabled:bg-primary-base/0 group-disabled:text-primary-base"><svg fill="currentColor" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" class="w-4"><path d="M504 256C504 119 393 8 256 8S8 119 8 256c0 123.78 90.69 226.38 209.25 245V327.69h-63V256h63v-54.64c0-62.15 37-96.48 93.67-96.48 27.14 0 55.52 4.84 55.52 4.84v61h-31.28c-30.8 0-40.41 19.12-40.41 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class="mb-[27px] font-serif text-s-header-3">We’re proud to be B Corp Certified</h2><p class="mb-[20px] text-s-intro md:mb-[45px]">Since 2018, we’ve been part of the ever-growing B Corp community, sharing an important responsibility and an unwavering commitment to use business as a force for good. </p><div class="prose hover:prose-a:text-accent-red-base"><blockquote><p>We hold a companywide belief that our business is based on a model of reciprocity: creating balance between what we give and what we take. We strive to responsibly use resources at their highest and best use and waste nothing: time, money, resources.</p></blockquote><p>– Stacy Flynn, CEO and Co-Founder </p><h3>What a B Corp Certification means</h3><p>B Corps harness the power of business, using profit and growth as a means to a greater end. Working together, we accelerate a global culture shift, redefining business success to build a more inclusive and sustainable economy, which benefits employees, strengthens communities, and fortifies the environment.</p><p>In order to become <a href="https://www.bcorporation.net/en-us/find-a-b-corp/company/evrnu" target="_blank">B Corp Certified</a>, we answered a set of questions and provided evidence to prove that we could demonstrate high standards of social and environmental performance, transparency, and accountability on factors from employee benefits and charitable giving, to supply chain practices and input materials.</p><h3>Our B Impact Score</h3><p><img alt="BCorp Impact Score Graph" src="https://a-us.storyblok.com/f/1005741/1441x1041/16b92b28fd/bcorp-impact-score.png" title="" copyright=""/>To qualify as a B Corp business, a score of 80 points or more is needed. We’re proud to say that our overall score is 81.2, spanning across the five key areas, and that we have been recognized for having two Impact Business Models (IBMs) across Governance and Environment. Companies with IBMs have been awarded for creating a high level of social or environmental impact for one of the key stakeholder groups, whether that’s workers, the community, environment, or customers.</p><p><b>Governance: 17.8</b></p><p><b>Workers: 31.4</b></p><p><b>Community: 12.6</b></p><p><b>Environment: 18.1</b></p><p><b>Customers: 1.1</b></p><h3>What this means for the future</h3><p>Becoming certified is just the beginning. Although we scored above the minimum score, our B Corp journey is far from over. Now, we’ll concentrate on what comes next. Our environmental impact potential is not yet reflected in our B Corp score, so our biggest focus is to start our facility and commercial production, which will enable people and the planet to start benefiting from our fiber’s circular nature.</p><p>As always, we’ll stay true to our promise, working hard to find ways to fly the B Corp flag high, drive positive impact further, and continue to use our business as a force for good. As a B Corp business, this is our responsibility. We are held accountable for our actions, goals and progress, details of which are shared each year in our annual impact report.</p><p>Together, we will continue to reshape the future of the textile industry and supply chain, while staying true to our key values as a committed B Corp Certified business.</p></div></div></div></section><div class="grid-base site-container relative grid-cols-12 gap-y-12 py-16 sm:gap-y-16 bg-neutral-white"><span class="absolute top-0 left-0 z-10 h-[1px] w-full origin-left bg-primary-base" aria-hidden="true" style="transform:scaleX(0) translateZ(0)"></span><div class="col-span-12 flex flex-col items-start md:col-span-5"><span class="mb-3 block font-sans text-[14px] font-medium uppercase leading-none tracking-[0.05em] text-accent-red-base" style="opacity:0;transform:translateY(50px) translateZ(0)">Latest</span><h2 class="font-serif text-s-hb-title" style="opacity:0;transform:translateY(50px) translateZ(0)">Related</h2></div><div class="col-span-12 max-w-xl 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md:hidden">|</span></li><li class="md:pl-3">PRESS COVERAGE</li></ul><div class="text-[14px] uppercase leading-[1.2em] tracking-[0.05em] opacity-40"><span>2 min read</span></div><div class="mt-10 flex max-w-[350px] flex-col gap-y-2 md:gap-y-4"><div class="flex flex-col gap-y-1"><span class="text-[14px] font-medium uppercase leading-[1.2em] tracking-[0.05em] text-accent-red-base">ENTREPRENEUR</span><h3 class="text-s-article-card-title uppercase">Stacy Flynn on 100 Women of Influence in 2022 - Entrepreneur</h3></div><p class="text-[15px] font-light leading-[21px]">Stacy Flynn; Cofounder and CEO; Evrnu, which turns discarded clothes into reusable textiles and has partnered with brands including Adidas, Target, and Levi's.</p></div><div class="mt-8"><button class="flex w-full cursor-pointer items-center justify-between whitespace-nowrap px-5 leading-6 outline-none transition-colors disabled:cursor-default disabled:opacity-30 border border-primary-base bg-transparent text-primary-base hover:bg-primary-base hover:text-neutral-white focus-visible:bg-primary-base focus-visible:text-neutral-white disabled:border-primary-base disabled:bg-transparent disabled:text-primary-base h-[48px] gap-x-2 rounded-[24px]"><span class="font-sans font-semibold uppercase leading-none text-[14px]">Read more</span><span class="flex h-4 items-center [&>*]:h-full"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="1.81 4.41 20.38 15.19"><path stroke="currentColor" stroke-miterlimit="10" d="M14.597 4.907 21.689 12l-7.092 7.093M21.69 12H2.31"></path></svg></span></button></div></div></a></article></div><div class="py-[calc(var(--gridGutter)/2)] lg:py-[4.8rem]"><article style="opacity:0"><a href="/latest/pangaia-lab"><div class="relative overflow-hidden max-lg:aspect-square lg:h-[400px]"><img class="absolute inset-0 block h-full w-full object-cover object-center" alt="featured image" src="https://a-us.storyblok.com/f/1005741/1434x1678/d6b7256aad/featured-image.png" 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object-center" alt="spc logo " src="https://a-us.storyblok.com/f/1005741/1442x1136/a11f0ec0e5/spc-logo-image.png" style="filter:saturate(0);transform:none"/></div><div class="flex flex-col gap-y-1 pt-5 pb-12"><ul class="inline text-[14px] font-medium uppercase leading-4 tracking-[0.05em] text-neutral-black md:flex md:space-y-0 md:space-x-3 md:divide-x-2 md:divide-accent-red-base md:leading-3"><li><time dateTime="2023-02-07 00:00">February 7, 2023</time><span class="pl-3 text-accent-red-base md:hidden">|</span></li><li class="md:pl-3">BLOG</li></ul><div class="text-[14px] uppercase leading-[1.2em] tracking-[0.05em] opacity-40"><span>5 min read</span></div><div class="mt-10 flex max-w-[350px] flex-col gap-y-2 md:gap-y-4"><div class="flex flex-col gap-y-1"><h3 class="text-s-article-card-title uppercase">SPC Report</h3></div><p class="text-[15px] font-light leading-[21px]">We are pleased to present Evrnu’s Annual Report for 2022, which has been an exciting year for our company. We are committed to reducing the negative impact of the textile industry on the environment and creating a more sustainable future.</p></div><div class="mt-8"><button class="flex w-full cursor-pointer items-center justify-between whitespace-nowrap px-5 leading-6 outline-none transition-colors disabled:cursor-default disabled:opacity-30 border border-primary-base bg-transparent text-primary-base hover:bg-primary-base hover:text-neutral-white focus-visible:bg-primary-base focus-visible:text-neutral-white disabled:border-primary-base disabled:bg-transparent disabled:text-primary-base h-[48px] gap-x-2 rounded-[24px]"><span class="font-sans font-semibold uppercase leading-none text-[14px]">Read more</span><span class="flex h-4 items-center [&>*]:h-full"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="1.81 4.41 20.38 15.19"><path stroke="currentColor" stroke-miterlimit="10" d="M14.597 4.907 21.689 12l-7.092 7.093M21.69 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Made from textile innovations company","type":"text"},{"text":" Evrnu’s NuCycl","type":"text","marks":[{"type":"bold"}]},{"text":"®","type":"text","marks":[{"type":"bold"},{"type":"italic"}]},{"text":" ","type":"text","marks":[{"type":"italic"}]},{"text":", the ","type":"text"},{"text":"‘RENU’ jacket","type":"text","marks":[{"type":"bold"}]},{"text":" marks a pivotal moment in the brand’s journey of material innovation as it’s their first denim product made entirely from cotton textile waste. ","type":"text"}]},{"type":"paragraph"},{"type":"paragraph","content":[{"text":"PANGAIA Lab","type":"text","marks":[{"type":"bold"}]},{"text":" is the discovery platform within ","type":"text"},{"text":"PANGAIA","type":"text","marks":[{"type":"bold"}]},{"text":", bringing advanced technology to lifestyle goods, making it possible for people to wear the future, now. 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Using NuCycl® helps divert textile waste away from landfill and incineration and reduces the industry’s reliance on cotton, MMCF, nylon, and polyester.","type":"text"}]},{"type":"paragraph"},{"type":"paragraph","content":[{"text":"Unlike mechanically recycled cotton, ","type":"text"},{"text":"NuCycl®","type":"text","marks":[{"type":"bold"}]},{"text":" does not need to be blended with any virgin fiber and allows more recycling cycles, making it a significantly less resource intensive alternative to cotton or polyester.","type":"text"}]},{"type":"paragraph"},{"type":"paragraph","content":[{"text":"“We are thrilled to partner with PANGAIA which shares our drive to unlock the future of materials and technology for the fashion industry,” says ","type":"text"},{"text":"Stacy Flynn, Evrnu CEO \u0026 Co-Founder","type":"text","marks":[{"type":"bold"}]},{"text":". “Our mission is to help brands create clothing out of recycled materials that are not only of the highest quality but can also continue to be recycled. We are delighted by the growing market demand for Nucycl.”","type":"text"}]},{"type":"paragraph"},{"type":"paragraph","content":[{"text":"The ","type":"text"},{"text":"‘RENU’ jacket","type":"text","marks":[{"type":"bold"}]},{"text":" is part of the ","type":"text"},{"text":"PANGAIA","type":"text","marks":[{"type":"bold"}]},{"text":" modern wardrobe - with an oversized fit, it is intended to be styled over a hoodie. With this limited launch, ","type":"text"},{"text":"PANGAIA","type":"text","marks":[{"type":"bold"}]},{"text":"’s signature material textblock is replaced with the edition number of the jacket. ","type":"text"}]},{"type":"paragraph","content":[{"text":"Starting February 16th, the ","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]},{"text":"RENU Jacket","type":"text","marks":[{"type":"bold"},{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]},{"text":" will be available for $400 on ","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]},{"text":"PANGAIA.com","type":"text","marks":[{"type":"link","attrs":{"href":"http://PANGAIA.com","uuid":null,"anchor":null,"target":null,"linktype":"url"}},{"type":"bold"},{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]},{"text":".","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]}]},{"type":"paragraph"},{"type":"heading","attrs":{"level":4},"content":[{"text":"About PANGAIA","type":"text","marks":[{"type":"bold"}]}]},{"type":"paragraph","content":[{"text":"PANGAIA is a materials science company on a mission to save our environment. We are a global collective of one heart and many hands - scientists, technologists, designers - creating essential products from innovative tech and bio-engineered materials. ","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]}]},{"type":"heading","attrs":{"level":4},"content":[{"text":"About Evrnu","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]}]},{"type":"paragraph","content":[{"text":"Evrnu has invented era-defining polymer regeneration technologies that address one of the biggest environmental challenges of our times: textile waste. With Evrnu's Nucycl technologies, discarded clothing is broken down and transformed into a pristine new fiber engineered to provide extraordinary performance characteristics for creating new premium textile products. Recognized as one of TIME Magazine's Best Inventions of 2022, Nucycl technologies are key to making the circular economy a reality. Evrnu works with the world's leading brands and retailers who seek to meet product performance and environmental challenges through innovation and offers environment-sparing alternatives for the world's highest demand fibers.  ","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]},{"text":"www.evrnu.com","type":"text","marks":[{"type":"link","attrs":{"href":"http://www.evrnu.com","uuid":null,"anchor":null,"target":null,"linktype":"url"}},{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}},{"type":"underline"}]},{"text":" and  ","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]},{"text":"nucycl.com","type":"text","marks":[{"type":"link","attrs":{"href":"http://nucycl.com","uuid":null,"anchor":null,"target":null,"linktype":"url"}},{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}},{"type":"underline"}]},{"text":" ","type":"text","marks":[{"type":"textStyle","attrs":{"color":"rgb(26, 41, 88)"}}]}]},{"type":"paragraph"}]},"contentSubtitle":" Made Entirely From Textile Waste","contentTitle":"The World's First NuCycl® Denim Jacket","date":"2023-04-02 00:00","excerpt":"Materials Science Brand PANGAIA releases its latest innovation through PANGAIA Lab.","image":{"alt":"featured image","copyright":"","filename":"https://a-us.storyblok.com/f/1005741/1434x1678/d6b7256aad/featured-image.png","focus":"","title":""},"length":"4 min read","publication":"","title":"PANGAIA LAB powered by Evrnu presents:The RENU Jacket","type":"press-releases"},"full_slug":"latest/pangaia-lab","id":71543,"is_startpage":false,"lang":"default","name":"PANGAIA LAB","path":null,"slug":"pangaia-lab","uuid":"9cc27c41-a56f-403a-bee9-36cac871352f","alternates":[],"created_at":"2023-03-29T09:24:30.867Z","default_full_slug":null,"first_published_at":"2023-03-29T09:28:50.013Z","group_id":"650b76a8-128b-4c60-83f5-84dcb5cd0fd8","meta_data":null,"parent_id":61763,"position":-20,"published_at":"2023-05-05T16:12:27.137Z","release_id":null,"sort_by_date":null,"tag_list":[],"translated_slugs":null},{"content":{"_uid":"491d8ccc-987b-4283-86a6-87116d8aa444","author":"","contentMain":{"type":"doc","content":[{"type":"heading","attrs":{"level":3},"content":[{"text":"Our Mission","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"paragraph","content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Evrnu is a social purpose corporation that aims to transform the fashion industry by using cotton textile waste to create new raw materials. We believe in a circular economy where nothing goes to waste, and resources are used efficiently. Our mission is to create a net neutral industry by 2050.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"heading","attrs":{"level":3},"content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Our Accomplishments","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"paragraph","content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"In 2022, we made significant progress towards achieving our mission. We launched our first commercial product, a capsule collection with Zara, made from our NuCycl r-lyocell renewable fiber. This fiber was made using textiles from Zara’s consumer product returns and is designed for disassembly, enabling recycling up to 5x more times with no loss in performance.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Our product sold out in the first week, which was a tremendous success. This demonstrates the potential of circularity by using post-consumer waste and designing garments for easy recycling. We are now working on the next phase of our partnership with Zara.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"heading","attrs":{"level":3},"content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Our Impact","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"paragraph","content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"According to the Ellen MacArthur Foundation, 25 million tons of cotton are produced annually, and eventually ends up in landfills, where it releases methane, a potent greenhouse gas. Landfills can emit 7 tons or more of CO2e emissions per ton of cellulose, totaling 100 million tons of CO2e per year worldwide.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"At Evrnu, we can turn the world's 25 million tons of annual cotton waste into more than 25 million tons of new fiber while using no farmland or forestry and less than 5% of the water necessary to produce cotton fiber. We estimate that every kilo of fiber we make will divert one kilo of cotton waste from landfills and prevent 3 to 5 kilos of CO2e emissions from landfills, potentially giving NuCycl fiber a negative carbon footprint. Once we are scaled up to 11 million tons, the landfill gas emissions prevented could be equal to the annual greenhouse emissions of all cars in the UK.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"heading","attrs":{"level":3},"content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Our Culture","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"paragraph","content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"At Evrnu, we believe that our organization is at its best when all team members feel heard and cared for. We are committed to creating a culture of continuous improvement where individual differences are respected, and all employees are treated respectfully and equitably.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"We are focused on hiring and retaining talented people with a wide range of different characteristics, such as ethnicity, religion, cultural background, sexual orientation, age, and gender. We have strengthened Evrnu’s anti-discrimination policies in the updated employee handbook.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"heading","attrs":{"level":3},"content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Our Future","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"paragraph","content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Our goal is for all textiles to be successfully recyclable by 2030, creating a net neutral industry by 2050. We are working towards this goal by expanding our production capacity and developing new technologies to create even more sustainable fibers.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"In three years, Evrnu will be making 9,000 tons of fiber per year, which will significantly reduce resource extraction and CO2e emissions from the production of synthetic fibers and landfill/incineration. We are excited about the potential impact that we can have on the industry and the environment.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"heading","attrs":{"level":3},"content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"Conclusion","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]},{"type":"paragraph","content":[{"type":"hard_break","marks":[{"type":"textStyle","attrs":{"color":""}}]},{"text":"2022 was an exciting year for Evrnu. We launched our first commercial product, achieved significant progress towards our mission, and continued to foster a culture of inclusion and continuous improvement. We are grateful for the support of our shareholders, partners, and employees, and we look forward to continuing our work to create a more sustainable future.","type":"text","marks":[{"type":"textStyle","attrs":{"color":""}}]}]}]},"contentSubtitle":"We are pleased to present Evrnu’s Annual Report for 2022, which has been an exciting year for our company. We are committed to reducing the negative impact of the textile industry on the environment and creating a more sustainable future.","contentTitle":"Social Purpose Corporation 2022 Annual Report","date":"2023-02-07 00:00","excerpt":"We are pleased to present Evrnu’s Annual Report for 2022, which has been an exciting year for our company. 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