ESG Sustainable Procurement News and Updates
"Sustainable Markets" News Archive
EU Forges Accord on Corporate Responsibility, Setting New Standards for Global Businesses
The European Union has achieved a landmark provisional agreement, requiring large companies in the bloc to proactively tackle adverse environmental and human rights impacts in their supply chains through the Corporate Sustainability Due Diligence Directive (CSDDD).
GreenBlue’s SPC Engage 2023: A Deep Dive into Retailers' Sustainable Commitments
Join SPC Engage 2023 on December 6th - 7th for a transformative deep-dive into retailers' sustainability efforts, where attendees will explore how SPC’s Pillars drive tangible change in sustainable packaging for retailers navigating diverse challenges.
Leveraging Supply Chain Mapping for Sustainable Operations: Prioritizing Risks and Opportunities
CommonShare's platform revolutionizes supply chain visibility by streamlining compliance and facilitating efficient supply chain tracing, ensuring accurate mapping of detained goods' journeys and enabling companies to streamline compliance efforts.
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.
Sustainable Brand Benchmark® Unveiled in CommonShare Webinar: Ensuring Authenticity and Compliance Amidst Sustainability Demands
CommonShare, a protocol for sustainable supply chains, has introduced the Sustainable Brand Benchmark® in its recent webinar.
Introducing Impermea Materials: Reinventing the Textile Supply Chain
Impermea Materials stands ready to tackle industry challenges of any magnitude with its cutting-edge technology and expertise.
AAFA Advocates for Consumer Clarity with Proposed Changes in California Proposition
The AAFA vehemently opposes proposed changes to California Proposition 65 warnings, citing potential harm to consumer protection.
GOTS Commences OECD Assessment to Propel Sustainablility in the Textile Industry
The Global Organic Textile Standard (GOTS) initiates OECD alignment assessment process to propel sustainable practices in the textile industry.
European Commission Takes Action Against Greenwashing and Curbs "Green" Labels
The new measures complete the proposal presented by the same Commission in March 2022 and aims to establish common criteria across Europe against "greenwashing" and "misleading environmental claims".
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.
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Are ESG-Compliant Companies More Profitable?
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.
The EU Triples its Exports of Used Textiles According to Recent Reports
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%.
Decoding Double Materiality: Unveiling its Significance and Impact
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.