Planet Tracker

It’s been a newsy April for greenwashing. What does an activist think-tank have to say about it all? texfash.com talks to Todd Paglia, Executive Director of the unrelenting and unapologetic nonprofit Stand.earth.

A new report by Planet Tracker emphasises that the apparel supply chain is exposed to water stress, with the problem likely to worsen over time, exposing apparel corporates and their investors to risk from water-related disruptions to operations and brand reputation.

Are apparel brands impervious to water-related risks, one of the industry’s most pressing challenging factor? The answer is a resounding ‘yes’, finds a study by nonprofit Planet Tracker.

The fashion industry shifted from the sidelines to a more prominent role in the discussions at this climate conference. Time it is also for the sector to match its green rhetoric with robust measures to decarbonise, invest in renewable energy and phase-out reliance on fossil fuels. A first person account from the COP28 event in Dubai.

A Planet Tracker report has detailed who funds different segments of the manufacture of textiles, and which entities are indirectly responsible for the environmental and social impacts along the various stages of the supply chain, even as it exhorts major investors to push holdings harder to drive a just, sustainable textiles industry.

A Planet Tracker analysis—Following the Thread—recently underlined the significant disconnect between the location of the majority of the sales, profits and capital in the textiles industry and the location of the most significant negative environmental impacts. Richard Wielechowski, Senior Investment Analyst (Textiles) at Planet Tracker, tells texfash.com what this disconnect means.

Non-profit Planet Tracker has found that over half of textile companies have no link between executive pay and sustainability goals, a key driver of credible action. This report analysed 30 top companies, and has provided summaries of key features and flaws in their approach to sustainability and pay.

New investigation by non-profit Planet Tracker has revealed that key industry issues such as fibre mix, are not raised in shareholder meetings, and the small number of shareholder proposals on textiles sustainability issues that have been advanced over the past few years have all been voted down.