ESG investors are making sustainable fashion on trend

September 5, 2022 EcoVadis EN


Pollution, high carbon footprints and overproduction in the apparel and retail industry are going out of fashion for allocators scrutinising companies’ environmental and social impact.
Data from the World Bank shows that the fashion industry is responsible for about 10% of annual global carbon emissions - more than international flights and maritime shipping combined. Beyond CO2, consumers and investors are also dissecting the sector's fast pace of production, labour practices, pollution and biodiversity impact. To achieve a more sustainable world, the industry must become more sustainable. However, it is imperative that the industry examines what it means to be ‘sustainable'. Sustainable fashion definition To define sustainable fashion, investors must look at eve...



Read the full article at: www.investmentweek.co.uk

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EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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