ESG Sustainable Procurement News and Updates
"Sustainable Sourcing" News Archive
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.
Sustainable Supply Chains
Gucci Creates its Alternative Vegan Material - Demetra
Intended to complement its use of its leather, the material is the result of two years of research, and the Italian brand will share the patent with third-party companies and groups.
Sustainable Materials
Patagonia's Commitment to Sustainable Fashion Repair
Patagonia partners with European organizations to launch United Repair Centre London, fostering a social enterprise dedicated to training and employing individuals, including refugees, in clothing repair.
Sustainability Governance
New EU Sustainability Reporting Rules Are a Challenge, Says Puma
“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.
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.
Sustainability Standards News
Formula 1 Marks a Step Forward in Sustainability with Pirelli's First FSC-Certified Tyres
Pirelli leads in sustainability at Formula 1 with groundbreaking FSC-certified tires, prioritizing sustainable natural rubber.
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.
Sustainability Governance
Navigating the SEC Climate Rule: ESG Experts Advocate Comprehensive Approach to ESG Reporting
Riveron urges companies to enhance climate reporting capabilities following the SEC's new rule, noting the absence of Scope 3 emissions reporting compared to regulations in California and the EU, highlighting a unique regulatory environment for US firms.
Sustainability Governance
U.S. Commission Has Held a Hearing on the Implementation of UFLPA
The Congressional-Executive Commission on China has held a hearing on "Implementation of the Uyghur Forced Labor Prevention Act & the Global Supply Chain Impact"
Sustainability Governance
Why Businesses Must Prepare for Compliance with the EU Deforestation-Free Products Regulation
As the EU prioritizes combating deforestation and promoting sustainable land use, CommonShare’s architecture transforms facility data management with secure access and geospatial precision, fostering transparency and collaboration among stakeholders.
Our Community
Sustainable Supply Chains
Top 3 Cotton Standards Procurement Officers Should Include in Sourcing Plan
As only 10-13% of the global cotton supply can be classified as sustainable, it’s imperative that companies understand which standards should be part of a sustainable procurement plan, such as the Better Cotton Initiative, Fair Trade Cotton, and GOTS.
Sustainability Standards News
U.S. Cotton Trust Protocol Enrolls a Record-Breaking 1.6 Million Acres
The U.S. Cotton Trust Protocol reports a remarkable 25% growth in 2023, enrolling a record 1.6 million acres, and advancing transparency in sustainable cotton production.
Sustainable Supply Chains
Nike and Target Collaborate to Spearhead Textile Manufacturer Climate Action Initiative
SAC, in partnership with Nike and Target, launched MCAP to accelerate textile manufacturing's carbon reduction, prioritizing Scope 1 and 2 emissions while deferring Scope 3 measurements to encourage broader industry engagement, fostering decarbonization, and promoting transparency.