March to Sustainability 2011
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March to Sustainability 2011 is a report for professionals working in the textile sector looking to keep themselves abreast with recent phenomena that are shaping the future of the textile industry: ...
March to Sustainability 2011 is a report for professionals working in the textile sector looking to keep themselves abreast with recent phenomena that are shaping the future of the textile industry: Sustainability actions across the supply chain. This edition of the report, looks at aspects of sustainability that concerns the textile supply chain from raw material all the way to the point that it is converted to finished product.
The focus of the report is on initiatives and targets being set by the brands and retailers for their supply chain:
. Materials usage
. Energy efficiency
. Greenhouse gases (GHG) and carbon emissions
. Water and chemical footprint
. Restricted chemicals usage
. Labor practices
. Sustainable logistics
In a global market with increasing regulation and consumer preferences for ‘sustainable products’, ensuring sustainable production is gaining increasing importance. Sustainability has meant looking at both environmental and social aspects.
The environmental facet which includes ensuring sustainable sources of raw material, optimal use of energy, minimal use of toxic chemicals, reducing waste and preserving land; has been receiving greater focus in recent times. This report delves more on this aspect.
The drivers for the increased focus on Sustainability are
(a) Brand reputation protection and risk management
(b) Increasing resource (water, energy, land) scarcity in the regions of production
(c) Compliance requirements both at a product level (which is drive mainly by the importing market like REACH in the EU) or compliance requirements at a process level (which are driven by the production region laws)
(d) Consumer pull, where there is increasing consumer preference in the EU and North America (which are the largest markets) for sustainable labels.
For textile manufacturers, this presents an opportunity to differentiate themselves; as well as generate operational savings. Indeed there are a number of emerging labels, certifications and standards that allow manufacturers interested in Sustainability to create differentiated products. The business case for investing in energy conservation, water conservation, reduced chemical usage and other sustainability measures are becoming more apparent.
In March to Sustainability 2011, we seek to update manufacturers on actions being taken and contemplated by the world’s leading brands and retailers, so that they may use it as an input for their near and long term plans.
The report covers 24 brands and retailers and also touches upon global initiatives and certifications that are becoming increasingly relevant.
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