Inditex buys stake in US sustainable agriculture startup Galy | Sustainability News USA ...Middle East

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Inditex buys stake in US sustainable agriculture startup Galy | Sustainability News USA
Image Courtesy: Reuters As part of its plan to engage in the sustainable economy, Inditex, the company that owns Zara, has acquired a share in Galy, a US start-up focused on sustainable agriculture, its CEO, Oscar Garcia Maceiras, said. “Today, we are disclosing that we have entered the capital of Galy, a startup founded in 2019 in the US, which is developing an innovative process to produce cotton in laboratories from plant cells,” Garcia Maceiras told shareholders during the company’s annual assembly. Inditex, which has committed to halving emissions throughout its whole supply chain by 2030, signed contracts with recycled fibre manufacturers and invested in Circ, a second American comp

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