ESG Sustainable Procurement News and Updates

All News

New EU Sustainability Reporting Rules Are a Challenge, Says Puma
Sustainability Governance

New EU Sustainability Reporting Rules Are a Challenge, Says Puma

“We are nowhere near being able to fulfil the requirements of CSRD,” Stefan Seidel said on a panel at the Reuters Impact conference in London, referring to the EU’s Corporate Sustainability Reporting Directive.
Business of FashionBusiness of Fashion
|March 29th, 2024|11:32 AM
Fairtrade Research Finds a Third of Consumers Overlook Ethical Easter Eggs Over Price Assumptions
Sustainability Standards News

Fairtrade Research Finds a Third of Consumers Overlook Ethical Easter Eggs Over Price Assumptions

Fairtrade research reveals 31% of consumers overlook ethical Easter eggs due to perceived higher costs amidst a cost of living crisis, as reported by Neill Barston.
FAIRTRADE INTERNATIONALFAIRTRADE INTERNATIONAL
|March 28th, 2024|4:51 PM
New Report Finds Secondhand Clothing on Track to Take 10% of Global Fashion Sales
Ethical Consumerism

New Report Finds Secondhand Clothing on Track to Take 10% of Global Fashion Sales

ThredUp, one of the largest online resale platforms for apparel, shoes, and accessories, today released the results of its 2024 Resale Report.
ThredUpThredUp
|March 28th, 2024|1:50 PM
6 Fairtrade Certified Cotton Clothing Manufacturers Leading in Ethical Textiles
Sustainability Standards News

6 Fairtrade Certified Cotton Clothing Manufacturers Leading in Ethical Textiles

Businesses must adhere to three stages: sourcing Fairtrade-certified cotton, engaging certified processors, and meeting Fairtrade standards for production to carry the Fairtrade Cotton Mark.
Editorial TeamEditorial Team
|March 27th, 2024|5:39 PM
The Crucial Importance of Fairtrade Certification for Sustainable Textile Businesses
Sustainability Standards News

The Crucial Importance of Fairtrade Certification for Sustainable Textile Businesses

Fairtrade certification signifies a profound commitment to ethical production, social justice, and environmental stewardship, crucial for sustainable textile businesses aligning with their core values and objectives.
Editorial TeamEditorial Team
|March 27th, 2024|3:13 PM
BBB Industries Releases 2023 Corporate Sustainability Report, Showcasing Company's Commitment to Sustainable Activities and Performance

BBB Industries Releases 2023 Corporate Sustainability Report, Showcasing Company's Commitment to Sustainable Activities and Performance

BBB Industries, LLC (BBB), a leading sustainable manufacturer serving the automotive and industrial markets, published its 2023 Corporate Sustainability Report (CSR), highlighting the company's sustainable activities and performance.
BBB IndustriesBBB Industries
|March 26th, 2024|5:06 PM
Examining the Pitfalls in CSRD-Aligned Double Materiality Assessments: A Guide for Companies
Sustainability Governance

Examining the Pitfalls in CSRD-Aligned Double Materiality Assessments: A Guide for Companies

The CSRD will revolutionize sustainability reporting, aligning it with financial disclosures by requiring comprehensive ESG reporting, necessitating a substantial expansion in disclosure scope regardless of previous practices.
Editorial TeamEditorial Team
|March 26th, 2024|3:16 PM
How to Conduct Double-Materiality Assessments for EU CSRD Compliance
Sustainability Governance

How to Conduct Double-Materiality Assessments for EU CSRD Compliance

Recent guidance from EFRAG aims to streamline a structured assessment process, echoing historical stakeholder engagement practices in assessing sustainability matters through a double-materiality lens.
Editorial TeamEditorial Team
|March 25th, 2024|5:50 PM
Stella McCartney Launches Summer 2024 Collection: A Sustainable Fashion Triumph
Ethical Consumerism

Stella McCartney Launches Summer 2024 Collection: A Sustainable Fashion Triumph

This innovative approach not only advocates a more circular future but also highlights Stella McCartney’s ongoing commitment to sustainable solutions.
STELLA MCCARTNEYSTELLA MCCARTNEY
|March 25th, 2024|1:25 PM
H&M Group and Vargas Holding Launch Syre, a Joint Venture to Revolutionize Textile Recycling
Ethical Consumerism

H&M Group and Vargas Holding Launch Syre, a Joint Venture to Revolutionize Textile Recycling

H&M Group has secured an offtake agreement with Syre worth a total of USD 600 million over seven years, covering a significant share of H&M Group’s long-term need for recycled polyester, which is currently primarily sourced from rPET bottle-to-textile.
H&M GROUPH&M GROUP
|March 25th, 2024|11:03 AM