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 sustai...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes