Responsible Production and Consumption – Financing Sustainable Fashion

Logo
Presented by

Ryan Ross, Martina Macpherson, Kate Larsen, Hendrick Alpen, Edward Bryan, Martin Buttle

About this talk

The fashion industry is a US$2.4 trillion-dollar industry that employs approximately 60 million people worldwide. However, an ever faster growing global production and consumption value chain has led to multiple significant ESG issues, from labor controversies, to waste production, water stress and carbon emissions. At one end is the issue around sourcing: a seemingly endless supply of cotton, and synthetic and other materials is needed to fuel the industry. But such a tremendous amount of waste can be re-used with new textile recycling techniques being developed. Still, these techniques are not available for all materials yet. This is a huge opportunity, which will need funding. Another issue is clothing use. "Fast Fashion" has driven us to purchase more clothing, use it less, and dispose of it more. The average American throws away around 80 pounds per year, according to the EPA and in the UK every household spends an average of £1263.60 per year on clothing. Throwing away clothing isn’t sustainable for our wallets, nor for our world. In the UK alone, as of 2014, 350,000 tons of clothing is sent to a landfill every year. It adds around 10% of global greenhouse gas emissions. To keep ourselves clothed in a sustainable way, the supply chain of this industry must be re-shaped. This webinar will bring together the leading minds from the corporate and investment world to discuss how to get people involved in expanding their clothes' life cycle, how companies can source their materials in sustainable ways, and the role investors should play in mandating for better practices in the industry. Panelists: Martina Macpherson, President, NSFM Kate Larsen, Supply Exchange Edward Bryan, Alliance Bernstein Martin Buttle, Ethical Trading Initiative Hendrick Alpen, H&M

Related topics:

More from this channel

Upcoming talks (0)
On-demand talks (25)
Subscribers (4209)
Th ESG channel provides environmental, social and governance (ESG) research, insights and best practices from leading experts in industry and academia - across markets, asset classes, and the entire investment value chain. The ESG Channel is hosted by the Network for Sustainable Financial Markets (NSFM), an international not-for-profit network of sustainable finance sector professionals, academics and thought leaders seeking to identify important issues of sustainability and raise awareness amongst the next generation of business and financial market participants. Linkedin: #NSFMNextGen​ Twitter: @nsfmnextgen Facebook: Network for Sustainable Financial Markets Website: http://nsfmnextgen.org​