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...
About the Author
Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN