"Sustainable Sourcing" News Archive

Sustainable jeans brands like Mud Jeans and Nudie Jeans lead a transformative shift towards eco-friendly practices, exemplifying the feasibility of aligning consumer demand with ethical and environmental imperatives.

Recent guidance from EFRAG aims to streamline a structured assessment process, echoing historical stakeholder engagement practices in assessing sustainability matters through a double-materiality lens.

The CSRD will revolutionize sustainability reporting, aligning it with financial disclosures by requiring comprehensive ESG reporting, necessitating a substantial expansion in disclosure scope regardless of previous practices.

BBB Industries, LLC (BBB), a leading sustainable manufacturer serving the automotive and industrial markets, published its 2023 Corporate Sustainability Report (CSR), highlighting the company's sustainable activities and performance.

Amidst the SEC's climate disclosure rule, Investor Relations Officers face heightened responsibility in managing reputation, ESG concerns, and financial communications to maintain stakeholder trust.

Businesses must adhere to three stages: sourcing Fairtrade-certified cotton, engaging certified processors, and meeting Fairtrade standards for production to carry the Fairtrade Cotton Mark.

The SEC has introduced new rules that aim to standardize climate-related disclosures, emphasizing Scope 1 and 2 greenhouse gas emissions.

Mounting regulatory pressures and demand for science-based reduction targets are compelling businesses to prioritize managing Scope 3 emissions, despite challenges in measurement and reduction due to data limitations and operational complexities.

Developing sustainability maturity in supply chains will be essential for companies to radically evolve their business models and capture new market opportunities.

“We are nowhere near being able to fulfil the requirements of CSRD,” Stefan Seidel said on a panel at the Reuters Impact conference in London, referring to the EU’s Corporate Sustainability Reporting Directive.