ESG Sustainable Procurement News and Updates
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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.
|July 18th, 2024|10:16 AM
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.
|July 10th, 2024|9:56 AM
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.
|July 9th, 2024|5:27 PM
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.
|July 9th, 2024|5:27 PM
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.
|July 9th, 2024|5:26 PM
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.
|July 9th, 2024|5:26 PM
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.
|June 21st, 2024|10:03 AM
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.
|June 20th, 2024|7:33 AM
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.
|June 19th, 2024|10:45 AM
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.
|June 18th, 2024|11:13 AM
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Sustainability Innovation
Azura Fashion Group Unveils Cutting-Edge AI Model Driving Sustainable Fashion
Azura Fashion Group announces a groundbreaking AI model set to revolutionize the fashion industry by enhancing sustainability and supporting circular economy practices.
|June 11th, 2024|3:59 PM
Sustainability Innovation
JLR Launches Sustainability Innovation Challenge To Engage Innovators For Pioneering Mobility And Automotive Solutions
JLR has launched its first Sustainability Innovation Challenge, to engage innovators, startups and other organisations in developing and collaborating on sustainable solutions for the luxury mobility sector.
|June 10th, 2024|5:18 PM
Sustainable Materials
Vestiaire Collective Cooperates With Repair And Alteration Platform Sojo
Resale platform Vestiaire Collective is to partner with repair and alteration platform Sojo to provide customers with access to tailoring and repair offerings, as well as Sojo's zero-emission pick-up and home delivery service.
|June 10th, 2024|10:41 AM