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Let the countdown begin. Tomorrow brings the launch of the third edition of Scaling Sustainability Solutions. Register for the WWD Sustainability Summit for first access to the report – and remarkable, pragmatic conversations with the CEOs and Sustainability leaders at Macy's, Gap, Patagonia, Neiman Marcus Group, Crystal International, Blackstone, Selfridges, Accenture and Fashion Makes Change. The report follows Fashion's value chain, and speaks to the practical ways integration can accelerate transformation. https://lnkd.in/eZMkCpNb

🌿 CGPR's CEO and Founder, Chris Goddard recently attended the 2024 Sustainability Summit by Sourcing Journal, where industry leaders gathered to discuss key sustainability issues in fashion. Key insights included: 🔁 Confusion Breeds Stagnation: A prevailing sentiment was the perpetual state of confusion surrounding sustainability initiatives, which some perceive as contributing to a sense of stagnation. 📜 Regulation as a Catalyst for Change: Many speakers emphasized that regulation might be the catalyst needed to propel the industry forward. As one panelist noted, "Legislation is a Tsunami – it is coming." 🍃 Greenwashing and the Pursuit of Perfection: Greenwashing was a prominent issue; some brands are adjusting their labels without reassessing their sustainability strategies. 👥 Consumer Education: Despite consumers expressing willingness to pay more for sustainably made goods, there is a discrepancy between sentiment and action. The industry needs to focus on communicating the role consumers can play in addressing sustainability.   Panelists shared valuable insights, highlighting the importance of #collaboration and pending legislative impacts. Despite challenges, there's still optimism for positive change in the industry's resilience and collaborative spirit. 💪 Want to learn more? View our entire recap here: https://lnkd.in/eCnBr8tu 📈 ✨ #fashion #sustainability #innovation 

I've observed an industry divide as the EU and USA roll out new sustainability legislation. On one side, some companies genuinely embrace the challenge, gearing up to redefine the responsible fashion business. On the other, pursuing profit overshadows the urgency for environmental and social governance. Fellow sustainability professionals, what's your take on the mood at the C-level? Are we seeing a genuine commitment to adapt and innovate, or is there a scramble for loopholes and easy exits? Let's discuss the real sentiment behind closed doors and share insights on moving towards a sustainable future together. #Sustainability #FashionIndustry #CorporateResponsibility #EUlegislation

🌍✨ Missed our live event on CSR and ESG in the Fashion Industry? No worries! You can now watch the full discussion on-demand. Dive into the evolving roles of corporate social responsibility and environmental, social, and governance practices from the past to the future in the fashion sector. Learn from industry leaders how sustainable practices can drive positive change. Don’t miss out on gaining valuable insights! 🌟👗 Watch now! https://zurl.co/IGEL #FashionIndustry #Sustainability #ESG #CSR

James Schaffer chief strategy officer of sustainability insights and measurement platform Worldly , argues that without actionable insights into their supply chains, fashion brands and retailers cannot deliver effective climate change mitigation or sustainability progress. Read his full comment here. #worldly

👕 H&M Case Study: What’s Wrong with sustainability reporting in Fashion 🧐 The giant fast fashion brand is in another green trouble. A claim was filed in a federal court in Missouri, United States suing for "misleadingly, illegally, and deceptively" seeking to capitalize on consumer 'green' trends . where H&M customers are led to believe that "Conscious Choice" products are environmentally responsible purchases 👗🤢❎ . 👇 We have summarized what’s wrong with H&M's false green claims and the impact of this intentional deception ruins their brand promises, especially for younger generations. . 👉🏻 Saying VS Doing? “Saying you’re ‘green’ is a little like saying you’re a ‘cool’ brand,” wrote Lee Peterson, EVP of thought leadership, marketing at WD Partners. “Don’t say it, JUST DO IT. We’ll be the judges of those two attributes, thank you.” . 👉🏻 What does it mean for businesses? Sustainability as a marketing tactic will go extinct soon. To avoid 'Unintentional Greenwashing', a science-based approach to your ESG strategy is the key to long-term brand building and growth. . #greenwashing #fastfashion #sustainability #carbonfootprint #climateaction #decarbonization #CREX #sciencebasedactionnow ------------------------------------------------ 🦖 Follow for more industry decarbonization insights | CREX Industry Story 🌏 . Sources: https://lnkd.in/eeuFN-sJ https://lnkd.in/dec5gfVA https://lnkd.in/gZEmSDFC

Do you have any idea how toxic this is?! 😮💨 I’m talking fashion’s relationship with greenwashing. I can tell you: it’s not a pretty one. In 2021, I published my bachelor thesis about how two big fashion companies portrayed their sustainability efforts in their marketing campaigns. With the question: greenwashing or not? Throughout the years, I’ve done more research and have seen multiple forms of greenwashing come and go. How can we fix this? These are my findings on how the fashion industry can end its toxic relationship with greenwashing: ✅ Impactful Legislation like the Green Claims Directive: Legislation such as the GCD will hold companies accountable and properly govern environmental claims. ✅ Foster Collaboration and Accountability: Encouraging collaboration among brands, consumers, and regulators will set and uphold sustainability standards. Creating platforms or boards for sharing best practices are good ways of holding each other accountable. ✅ Increase Traceability and Transparency: Provide clear and comprehensive information about material sourcing, production methods, and environmental impacts, utilizing third-party certifications, life cycle assessments, and independent audits to back up sustainability claims. ✅ Back Up Green Claims with Examples and Evidence: Offer concrete examples and evidence of sustainability efforts through these certifications, assessments, and audits. Showcase real-world implementation of sustainable practices to build consumers’ trust.

ESG - Environmental, Social and Governance set of practices are set to limit negative impact or enhance positive impact on the environment, society and governance, contributing to the role the financial system should play: support real economy. At the Global Fashion Conference 2023, Fabrizio Ferraro from IESE Business School will lead delegates through this topic. The Fashion Industry needs investment in order to move to a circular economy, may it be by the transformation of established companies, or the creation of new ones, as innovation is more than ever needed. Fashion Industry is a 3 billion dollars industry touching lives of millions of people through work and of billions of people by consumption. It is time to talk about FASHION FOR THE COMMON GOOD. Join the debate by registering online. Network rooms available online. Early fee until the 31st of July. #fashionindustry #fashioninnovation #SustainableFinance #esginvesting

4️⃣ We’re excited to highlight a company who has embraced “Refuse” for the good of the planet! 📉 ASKET's Impact Receipt is a powerful tool in practicing refusal. By revealing the environmental cost of each garment, it empowers consumers to refuse overconsumption and make mindful choices. 🌱 This initiative supports the refusal of unsustainable practices by promoting awareness of the true impact of our fashion choices. It's a step towards a circular economy where we value and preserve our resources by choosing wisely. 💬 Do you know of other companies that are using the Refuse strategy to participate in a more circular economy? Highlight them in the comments below!

Sharing thoughts on this forum as the founder of a small pioneer sustainability consulting company. We develop positive social and environmental impact sourcing solutions for the fashion industry that span ethical artisan partnerships, regenerative materials, women's empowerment, waste minimization, impact reporting and much more. We create innovative design centric sustainability solutions from scratch for global fashion brands while facilitating quality, delivery, prices and timelines. We are a fair fashion company standing tall in a fast fashion world. And while taking on the challenges of being changemakers is often par for the course, I wish to talk about the psychological toll of our work as I introspect this year's end. To everyone trying to do better in their fashion businesses: 1. You cannot become sustainable on fast fashion timelines. 2. The person responding to your emails in another country has financial, ecological and personal challenges same as yours if not more severe if they are located in the global south. 3. A sense of buyer-vendor power dynamics serve no one. Real change is only ever possible within a spirit of community and partnership. Be kind, be respectful and most importantly please remember that the very approach that caused a problem cannot be used to come up with solutions.