"Sustainable Markets" News Archive

Hyosung is pioneering sustainable alternatives in synthetic materials like polyester and spandex, demonstrating a commitment to diverse, eco-friendly options amid varying industry sustainability goals, showcased through innovative products at global trade events.

A report by Clarity AI reveals that 20% of sustainability-labeled investment funds classified as Article 8 would meet the criteria of proposed fund labeling rules aimed at reducing greenwashing risk.

WRAP acknowledges substantial progress in the Plastics Pact 2025 initiative but concedes that vital targets may not be achieved by 2025.

ESG performance is now - and in the future - a differentiating value that has gained weight in recent years, as seen in the efforts by retailers such as Nike, LVMH, Marks & Spencers, and more.

According to the document EU Exports of Used Textiles in Europe's Circular Economy prepared by the European Environment Agency, 46% of these garments were sold to Africa, the EU's main customer, followed by Asia, with 41%.

The evolving discussion on double materiality holds significant implications for accounting standards and finance, with the IFRS set to determine its direction before COP26, shaping the path towards a net-zero economy.

Kering Group, a leading luxury fashion conglomerate with brands like Yves Saint Laurent and Gucci, aligns with industry leaders in animal welfare by pledging to remove angora materials from its products.

The European Union wants to facilitate consumers to buy more environmentally friendly products and to promote circular business models via a new package of laws that will be part of the European Green Pact proposals.

With the goal to reduce landfill waste, Tentree launched a new initiative by collaborating with circular solution providers Treet and SuperCircle.

Patagonia's groundbreaking Stormshadow parka, crafted from recycled ocean-bound plastics, signals a milestone in the outdoor apparel industry's pursuit of sustainability.