ESG Sustainable Procurement News and Updates
"Supply Chain Visibility" News Archive
Sustainable Supply Chains
Parent Companies of Zara, Uniqlo and H&M Invest 40 Million Euros in Infinited Fiber Company
The Finnish fashion and textile technology company Infinited Fiber Company has completed a 40 million-euro funding round from new investors such as Inditex, TTY Management, Youngone and Goldwin, as well as its existing ones.
Sustainable Supply Chains
Could Traceability Be the New Trend in the Fashion Industry?
Software-as-a-service (SaaS) tools are currently being utilized by approximately 100 multinational companies, including renowned brands such as Lacoste, Supima, and Primark.
Leather Working Group’s Positive Impact Continues to Spread with New Partnerships
Leather Working Group will continue to strengthen its ties with key players in the industry including Textile Exchange, in order to launch the Deforestation-Free Call to Action for Leather initiative this coming March.
Sustainable Suppliers News
Better Cotton, in Collaboration With African Export-Import Bank, Joins WTO and FIFA Efforts To Scale More Sustainable Cotton Production in Africa
Better Cotton will conduct sustainability mapping and assessments in Mali and Côte d’Ivoire to support smallholder cotton farmers, complementing a partnership between WTO and FIFA aimed at enhancing raw material production in West and Central Africa.
Sustainable Supply Chains
Uniqlo Owner’s ESG Supply Chain Strategies
Uniqlo owner Fast Retailing is taking steps to embed its environmental, social and governance (ESG) standards throughout its supply chain. Yukihiro Nitta, group executive officer for sustainability, tells Drapers how.
Sustainable Supply Chains
Collateral Good Unveils €100M Sustainable Fashion Fund, Powered by HUGO BOSS
Zürich-based Collateral Good launches a €100M sustainable fashion fund, backed by HUGO BOSS, to drive global innovation and technology investments for a more sustainable textile and fashion industry.
Sustainable Supply Chains
European Supply Chains Have Embarked on a Path of Optimization and Restructuring
According to the study 'The State of European Supply Chains in 2022' prepared by JLL, European supply chains have started on a path towards greater optimization and restructuring.
Sustainable Suppliers News
Global Fashion Manufacturer Hansae Wins Corporate ESG Grand Prize at K-ESG Management Awards
Hansae, the grand prize winner in the Comprehensive ESG sector for the ‘Manufacturing, Wholesale, and Import/Export of Textiles and Textile Products’ business division, was recognized for its differentiated ESG performance.
Sustainable Suppliers News
ArcelorMittal Dofasco Leads the Charge with Environmental Product Declarations (EPDs) for XCarb™ Renewably Produced Steel
ArcelorMittal Dofasco pioneers carbon-neutral steel with five EPDs for XCarb™ RRP construction materials.
Sustainable Suppliers News
Nike and Levi's Recognized for Responsible Wool Sourcing Methods
Levi Strauss & Co,Nike, Adidas, and VF Corp, are strengthening their commitments to phase out mulesing through the “Better Wool Guide”.
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Sustainable Supply Chains
LVMH Aims to Cut Water Consumption by 30% by 2030
LVMH, the multinational conglomerate encompassing renowned luxury brands like Louis Vuitton and Givenchy, has committed to a formidable goal of reducing its global water consumption by 30% by the year 2030.
Sustainable Supply Chains
How Nike Makes Connections in Its Supply Chain to Fight Climate Change
A goal for any modern company is to figure out how to grow while also meeting the needs of the planet. This means financial questions must accompany bigger, more empathic questions, like, Will this process be better for people and healthier for the Earth?
Sustainability Standards News
Better Cotton Revises its Certification Criteria in Response to Greenwashing Concerns
Better Cotton raises its standards by revising its principles and criteria that farmers must meet to certify their cotton, after having completed its latest eighteen-month review in February.