ESG Sustainable Procurement News and Updates

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Textile Exchange Postpones Launch of eTrackit Traceability System

Textile Exchange Postpones Launch of eTrackit Traceability System

Textile Exchange, the global non-profit organization focused on sustainable practices, has announced a delay in the rollout of its highly anticipated eTrackit traceability system following a pilot phase.
Editorial TeamEditorial Team
|July 18th, 2024|10:16 AM
Google Acknowledges AI's Contribution to Growing Emissions

Google Acknowledges AI's Contribution to Growing Emissions

Google's recent acknowledgment of artificial intelligence (AI) contributing to increased emissions highlights a critical intersection between technology innovation and environmental sustainability, raising pertinent questions for businesses engaged in sustainable procurement.
Editorial TeamEditorial Team
|July 10th, 2024|9:56 AM
Supreme Court Decision Raises Concerns for Environmental Protections

Supreme Court Decision Raises Concerns for Environmental Protections

The recent Supreme Court decision has ignited widespread concern over the future of environmental protections in the United States, with significant implications for businesses engaged in sustainable procurement. The ruling, which curtails the regulatory authority of the Environmental Protection Agency (EPA), has introduced a new layer of complexity for companies striving to meet sustainability goals.
Editorial TeamEditorial Team
|July 9th, 2024|5:27 PM
EU Clarifies CBAM's Environmental Focus, Rejecting Trade Barrier Claims with India

EU Clarifies CBAM's Environmental Focus, Rejecting Trade Barrier Claims with India

The European Union's Carbon Border Adjustment Mechanism (CBAM) has sparked significant debate, particularly concerning its potential impact on trade relations with key partners such as India. However, EU officials have recently clarified that the primary aim of CBAM is environmental sustainability, not the erection of new trade barriers.
Editorial TeamEditorial Team
|July 9th, 2024|5:27 PM
The Path Forward for Sustainable Space Exploration

The Path Forward for Sustainable Space Exploration

As the race to explore space intensifies, the imperative for sustainable practices in this domain has never been clearer. The burgeoning interest from both government agencies and private enterprises in space exploration necessitates a strategic approach to sustainability, ensuring that the benefits of space ventures are maximized while minimizing the environmental impact.
Editorial TeamEditorial Team
|July 9th, 2024|5:26 PM
Concerns Over Impact of New EU Reporting Rules on M&A Activity
Sustainability Governance

Concerns Over Impact of New EU Reporting Rules on M&A Activity

The European Union’s forthcoming Corporate Sustainability Reporting Directive (CSRD) is poised to reshape the landscape of mergers and acquisitions (M&A) across the continent. This landmark legislation, mandating comprehensive ESG disclosures, has raised significant concerns within the business community about its potential impact on M&A activity.
Editorial TeamEditorial Team
|July 9th, 2024|5:26 PM
The Crucial Role of EPR in Achieving a Circular Fashion Economy
Sustainable Materials

The Crucial Role of EPR in Achieving a Circular Fashion Economy

The fashion industry's rapid growth has led to severe environmental degradation, making Extended Producer Responsibility (EPR) for textiles essential for achieving a circular fashion economy.
Editorial TeamEditorial Team
|June 21st, 2024|10:03 AM
Aligning Consumer Desires with Brand Messaging on Cellulosic Fibers
Ethical Consumerism

Aligning Consumer Desires with Brand Messaging on Cellulosic Fibers

Learn about the companies that are making significant strides to bridge the gap between consumer desires for sustainability and transparency and their brand messaging, such as Lenzing, Inditex, and Kering.
Editorial TeamEditorial Team
|June 20th, 2024|7:33 AM
Discussing the Complex Landscape of Trade, Transportation, and Compliance in the Fashion Industry
Sustainability Governance

Discussing the Complex Landscape of Trade, Transportation, and Compliance in the Fashion Industry

Join CommonShare's CEO Martin Smith at the USFIA 2024 Conference on November 13th to explore solutions for trade, transportation, and compliance challenges in the fashion industry.
Editorial TeamEditorial Team
|June 19th, 2024|10:45 AM
The Fashion Sustainability and Social Accountability Act: An Analysis of Its Recent Legislative Setback
Sustainability Governance

The Fashion Sustainability and Social Accountability Act: An Analysis of Its Recent Legislative Setback

Despite strong support from environmental advocates, the New York Fashion Act faces significant resistance from influential trade groups like the AAFA, posing ongoing legislative challenges for the fashion industry.
Editorial TeamEditorial Team
|June 18th, 2024|11:13 AM