ESG Sustainable Procurement News and Updates
"Sustainable Supply Chains" News Archive
Digitization and Composability in Sustainable Procurement: Developing Better Systems for Retailers and Brands
By building better sustainable procurement taxonomies and then coordinating data sharing across entities, search and information costs can be reduced for both wholesale and retail purchases.
Innovative Features Revealed For The Greener Manufacturing Show & Plastic Waste Free World, Conference & Expo 2023
The Greener Manufacturing Show 2023, co-located with Plastic Waste Free World, offers exciting features, including a Start-Up Zone and BIO.NRW's Marketplace of Innovations, with sustainability and biotechnology workshops, making it a must-attend event for industry professionals.
Retail
Material Innovation & Circularity
New Technologies Are Elevating Consumers’ Favorite Fiber
Cotton’s evolution through new technologies is blending comfort, performance, and sustainability—reshaping its role in fashion and textiles.
Advancements in Sustainable Materials: Aware, Pangaia, and Birla Cellulose Lead the Charge
These advancements from Aware, Pangaia, Birla Cellulose, and AiDLab collectively contribute to the transformation of the materials sector towards sustainability and innovation.
EU's Game-Changing Move: Introducing Digital Product Passports for Sustainable Textiles
The EU's initiative for Digital Product Passports mandates transparency throughout product lifecycles, nurturing sustainability and circular economy practices by 2026. Businesses are required to adjust to meet compliance standards and cultivate consumer trust.
Carbon Reforestation Restores Family-owned Forestland
The Climate Trust funds and completes the reforestation of 1,222 acres destroyed by Hurricane Michael in Florida's panhandle, showcasing the use of carbon-based finance for restoring family-owned forests.
Dow Claimed to Be Recycling Used Sneakers Until Airtags Proved Otherwise
After Dow promised to turn the rubber of old shoes into playground and running track surfaces in 2021, Reuters tracked most of the shoes to secondhand markets or remote locations in Indonesia.
Unveiling the Fashion Industry's Greenwashing Challenge in The United Kingdom
The CMA joins forces with global partners to combat greenwashing, promote consistent standards, suggest legislative changes, and advocate for stronger enforcement actions, aiming to tackle the fashion industry's greenwashing challenge in the UK.
Levi's Recommerce Partner Secures $30 Million in Series E Funding
Levi’s Recommerce partner Trove secures $30 million in Series E funding, driving the expansion of its innovative resale network and partnering with industry experts for strategic growth.
PI Apparel Brings Together Top Merchants in New York to Explore the Latest Trends in Merchandise Planning
Last month, PI Apparel launched its first edition of their Merchandise Planning conference which is the first of its kind. The two-day event brought together leading Merchants to discuss the latest trends and developments in data analytics, smart forecasting, and strategic planning for casting supremely customer-focused products.
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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.
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.
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.