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17.04.2024

Stahl: 2023 ESG Report

Stahl has published its 2023 Environmental, Social and Governance (ESG) Report. The report outlines Stahl's recent progress on its ESG Roadmap to 2030 and the steps the company is taking to live its purpose of Touching lives, for a better world.

Stahl’s ESG Roadmap to 2030 includes interim targets for 2023, making this a year in which Stahl reached several important milestones. For example, the company reduced its scope 1 and 2 greenhouse gas (GHG) emissions by 22% versus 2022. Furthermore, in 2023 the Science Based Targets initiative (SBTi) validated Stahl's scope 1, 2 and 3 targets, making it one of the first coatings companies on the SBTi-approved list.

To reduce its GHG emissions, Stahl is actively increasing its use of clean energy. At the end of 2023, renewable energy generation, such as solar panels, had been installed at four Stahl sites, compared to its target of three.

Stahl has published its 2023 Environmental, Social and Governance (ESG) Report. The report outlines Stahl's recent progress on its ESG Roadmap to 2030 and the steps the company is taking to live its purpose of Touching lives, for a better world.

Stahl’s ESG Roadmap to 2030 includes interim targets for 2023, making this a year in which Stahl reached several important milestones. For example, the company reduced its scope 1 and 2 greenhouse gas (GHG) emissions by 22% versus 2022. Furthermore, in 2023 the Science Based Targets initiative (SBTi) validated Stahl's scope 1, 2 and 3 targets, making it one of the first coatings companies on the SBTi-approved list.

To reduce its GHG emissions, Stahl is actively increasing its use of clean energy. At the end of 2023, renewable energy generation, such as solar panels, had been installed at four Stahl sites, compared to its target of three.

Measuring – and reducing – the impact of products is an important step in the company’s scope 3 emissions. As such, 353 Stahl products now have either life cycle assessment (LCA) or product carbon footprint (PCF) data, far exceeding the 2023 target of 50.
 
New ratings and certifications
In 2023, 2,161 of Stahl's products were certified by Zero Discharge of Hazardous Chemicals (ZDHC), in line with ZDHC MRSL V3.1. These products represented 70% of the company’s sales revenue, demonstrating increased demand for coatings with a lower risk to health and the environment.

Stahl was also proud to achieve a Platinum rating from EcoVadis for the second year in a row, which places it in the top 1% of companies evaluated. Stahl also exceeded its 2023 target of an average EcoVadis rating of at least 60/100 for their top ten suppliers, with an average rating of 68/100 reported in December 2023.
Fostering a safe and welcoming work environment

A core pillar of Stahl’s ESG approach is how it supports its employees’ physical and mental well-being. The 2023 ESG Report outlines several examples of this commitment, such as improvement in its key safety KPIs for the third year in a row.

Besides keeping people safe, Stahl continues to make progress in fostering an open and inclusive workplace. For example, in support of diversity, equity and inclusion (DEI), Stahl appointed its first female leadership team member, trained 98% of its staff in DEI and established DEI committees at all Stahl sites. In addition, to strengthen communication, engagement and collaboration across the workforce, Stahl also established an internal workplace hub, MyStahl.

More information:
Stahl Coatings ESG
Source:

Stahl

Collaboration between Archroma and DMIx (c) ColorDigital
16.04.2024

Collaboration between Archroma and DMIx

Archroma and ColorDigital GmbH, a company in textile supply chain digitalization, are joining forces to bring the library of engineered color standards to the DMIx ecosystem of fashion brands and suppliers.

All 5,760 color references in the Color Atlas by Archroma® will be integrated into ColorDigital’s DMIx interactive collaboration platform, enabling brands to embrace almost unlimited color creativity with an assurance of color precision. Based on digital twin technology, the DMIx solution ensures that color choices are aligned across design, sourcing and production, reducing sampling costs and collection development time as well as improving color accuracy and end-product quality. DMIx marks a significant step forward in enhancing color management processes for both digital product creation (DPC) and physical production.

Archroma and ColorDigital GmbH, a company in textile supply chain digitalization, are joining forces to bring the library of engineered color standards to the DMIx ecosystem of fashion brands and suppliers.

All 5,760 color references in the Color Atlas by Archroma® will be integrated into ColorDigital’s DMIx interactive collaboration platform, enabling brands to embrace almost unlimited color creativity with an assurance of color precision. Based on digital twin technology, the DMIx solution ensures that color choices are aligned across design, sourcing and production, reducing sampling costs and collection development time as well as improving color accuracy and end-product quality. DMIx marks a significant step forward in enhancing color management processes for both digital product creation (DPC) and physical production.

Sustainability is an essential factor for both Archroma and DMIx. Colors in the Archroma Color Atlas are formulated to comply with leading eco-standards while also delivering consistent and accurate color reproduction. This complements the DMIx ImpAct approach, which provides data on the environmental impact of raw materials to enable brands to select inputs that meet their sustainability targets.

A new feature on the DMIx platform is DMIx eXcite, an inspirational material and color-trend hub that uses interactive moodboards to share new color and material scenarios ahead of each season. Designers and colorists will be able to directly use colors presented in the eXcite trend reports, including colors from the Color Atlas by Archroma®, across the DMIx color and 3D technology tools.

Source:

Archroma

rain forest Formidable Media
09.04.2024

“Designing for Circularity” Panel Discussion in Portland

Quickly becoming the benchmark for sustainability, circularity presents a simple solution for many of the world’s complex waste issues. However, in a quickly changing textile marketplace with increasing regulatory pressures, designing circular products can be anything but simple.

To help demystify this accelerating paradigm shift, the Designing for Circularity panel is coming to Portland’s Functional Fabric Fair, where expert panelists will inform and inspire the next generation of product designers and developers.

Scheduled for Wednesday, April 17th at 2:00pm and hosted by textile industry communications agency Formidable Media, the Designing for Circularity panel will bring together experts in materials sourcing, textile finishes, trims, sustainability, recycling, natural materials, and more, to help designers, product developers, and brand representatives make the choices needed to become leaders in the future of sustainable products.

Quickly becoming the benchmark for sustainability, circularity presents a simple solution for many of the world’s complex waste issues. However, in a quickly changing textile marketplace with increasing regulatory pressures, designing circular products can be anything but simple.

To help demystify this accelerating paradigm shift, the Designing for Circularity panel is coming to Portland’s Functional Fabric Fair, where expert panelists will inform and inspire the next generation of product designers and developers.

Scheduled for Wednesday, April 17th at 2:00pm and hosted by textile industry communications agency Formidable Media, the Designing for Circularity panel will bring together experts in materials sourcing, textile finishes, trims, sustainability, recycling, natural materials, and more, to help designers, product developers, and brand representatives make the choices needed to become leaders in the future of sustainable products.

“Fashion is regularly listed among the top five largest polluting industries in the world and our panel of experts hope to  help shape future design and sustainability decisions to mitigate fashion’s outsized impact on the environment,” said Scott Kaier, Founder and President of Formidable Media. “Informed and innovative design is the first step in creating circular products, so today’s designers will be instrumental in creating a cleaner, more sustainable future.”

Hand-picked from across the outdoor, fashion, lifestyle, and footwear industries, the Designing for Circularity panelists include:

  • Daniel Uretsky, President, ALLIED Feather + Down
  • Martin Flora, VP of Business Development, Green Theme Technologies
  • Sarah Schlinger, R&D Commercialization Manager, Woolmark
  • Sharon Perez, Senior Business Development Manager, Lenzing Group
  • Brian La Plante, Senior Manager of Sustainability, YKK
  • Theresa McKenney Director of Sustainability, NEMO Equipment
Source:

Formidable Media

John Lewis Partnership appoints new Chairman (c) John Lewis Partnership
Jason Tarry
08.04.2024

John Lewis Partnership appoints new Chairman

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

Rita Clifton, Deputy Chairman and Chair of the Nomination Committee, said: “The Board extends its huge thanks to Sharon for successfully leading the Partnership through one of the most testing periods in its history - first Covid and then the cost of living crisis. She has faced into the toughest decisions and overseen the Partnership's financial recovery; we are in good financial health with a return to profit, and have a strong balance sheet with record investment planned this year. Sharon has also helped ensure that employee ownership of the Partnership is secure, is demonstrably focused on its purpose as a force for good and with an open and inclusive culture.

“As the Partnership moves into the next phase of its modernisation focused on our core retail business as well future growth, we are confident that Jason will provide the kind of inspirational leadership, a proven track record in multi-channel, multi-category retail success and a strong identification with Partnership values that we are seeking in this role. Jason has impressed everyone throughout the interview process with his warmth, his belief in the Partnership’s ideals and democratic principles and his appreciation for our unique and special brands.”

More information:
John Lewis Partnership Chairman
Source:

John Lewis Partnership

Collaboration between IHKIB and WRAP (c) IHKIB
18.03.2024

Collaboration between IHKIB and WRAP

In a move to enhance the global competitiveness of the Turkish apparel industry, the Istanbul Apparel Exporters' Association (IHKIB) has entered into a collaborative agreement with the Worldwide Responsible Accredited Production (WRAP).

IHKIB, representing 80% of Türkiye's apparel exports, aims to facilitate and guide its members in navigating new markets and staying abreast of sectoral developments.
WRAP, a US-based non-profit organization, focuses on promoting safe, lawful, humane, and ethical working conditions within the textile and apparel industry.

In a move to enhance the global competitiveness of the Turkish apparel industry, the Istanbul Apparel Exporters' Association (IHKIB) has entered into a collaborative agreement with the Worldwide Responsible Accredited Production (WRAP).

IHKIB, representing 80% of Türkiye's apparel exports, aims to facilitate and guide its members in navigating new markets and staying abreast of sectoral developments.
WRAP, a US-based non-profit organization, focuses on promoting safe, lawful, humane, and ethical working conditions within the textile and apparel industry.

Mr. Selcuk Mehmet Kaya, Chairman of the International Relations and Sustainability Committee of IHKIB, and Mr. Avedis Seferian, President and CEO of WRAP, officially inked a collaboration agreement on March 8, 2024, marking a significant step towards fostering business relations between Türkiye and the USA. The agreement focuses on a pilot project developed by IHKIB and WRAP, aiming to identify leading Turkish apparel companies exporting to the USA and encouraging these facilities to attain WRAP certification. In return, WRAP will provide in-person and virtual training at no charge to guide these facilities through the certification process. The project seeks to strengthen business ties between Türkiye and the USA, creating additional opportunities for mutual cooperation between the parties in both countries.

Source:

IHKIB - Istanbul Apparel Exporters’ Association

28.02.2024

AkzoNobel: Nominations for Supervisory Board

AkzoNobel has announced that Mrs. Jaska de Bakker, Mrs. Ute Wolf and Mr. Wouter Kolk will be nominated for appointment to the company’s Supervisory Board, while Mr. Byron Grote – currently Deputy Chair and Chair of the Audit Committee – will be nominated for a fourth term of one year.

Mrs. De Bakker is a financial leader with experience in strategy, governance and ESG. Currently a board member at various companies, she was previously CFO at Royal FrieslandCampina and at Royal HaskoningDHV.
 
Mrs. Wolf is a seasoned finance professional with more than 25 years of experience in financial management and corporate planning. She served as CFO of Evonik Industries AG for ten years and, prior to that, she held several senior positions within various industries and companies.
 
Mr. Kolk is the current CEO of Ahold Delhaize Europe and Indonesia. With more than 32 years of experience in commercial, operational, supply chain, strategic and general management roles, he brings a wealth of knowledge in different geographies and businesses.

AkzoNobel has announced that Mrs. Jaska de Bakker, Mrs. Ute Wolf and Mr. Wouter Kolk will be nominated for appointment to the company’s Supervisory Board, while Mr. Byron Grote – currently Deputy Chair and Chair of the Audit Committee – will be nominated for a fourth term of one year.

Mrs. De Bakker is a financial leader with experience in strategy, governance and ESG. Currently a board member at various companies, she was previously CFO at Royal FrieslandCampina and at Royal HaskoningDHV.
 
Mrs. Wolf is a seasoned finance professional with more than 25 years of experience in financial management and corporate planning. She served as CFO of Evonik Industries AG for ten years and, prior to that, she held several senior positions within various industries and companies.
 
Mr. Kolk is the current CEO of Ahold Delhaize Europe and Indonesia. With more than 32 years of experience in commercial, operational, supply chain, strategic and general management roles, he brings a wealth of knowledge in different geographies and businesses.

Subject to the approval of his re-appointment, Mr. Grote will lead the supervision of the external auditor selection process, whereby the external audit firm of AkzoNobel will be replaced, starting with the audit of the 2026 financial statements. His re-appointment also ensures continuity during the change of the PWC lead partner in charge of the AkzoNobel account, as of the audit of the 2024 financial statements.  

The appointments and re-appointment will be put to shareholders for approval at the Annual General Meeting being held on April 25. Mrs. Pam Kirby, who is completing her second four-year term, will step down as member of the Supervisory Board as per the same date.

Source:

AkzoNobel

Generating its own energy with solar panels Photo Karl Mayer Group
Generating its own energy with solar panels
23.02.2024

Karl Mayer Group: Generating its own energy with solar panels

The Karl Mayer Group is reducing its ecological footprint when it comes to energy utilisation: The Group's largest photovoltaic system to date has just been installed at its headquarters in Obertshausen.

Following the construction of a stable substructure, the first photovoltaic elements were installed on the roof of the assembly hall in Obertshausen on 16 February 2024. This will be followed by the step-by-step conversion of other roofs. If everything goes according to plan, around 6,000 modules will have been installed on an area of approx. 12,000 m² and over 60,000 metres of cable laid by the middle of the year.

"With a total output of 2.4 MWp, we will be able to generate over 35% of the total electricity consumption at the site ourselves," explains Michael Sustelo, Head of Facility Management at the Karl Mayer Group.

The Karl Mayer Group is reducing its ecological footprint when it comes to energy utilisation: The Group's largest photovoltaic system to date has just been installed at its headquarters in Obertshausen.

Following the construction of a stable substructure, the first photovoltaic elements were installed on the roof of the assembly hall in Obertshausen on 16 February 2024. This will be followed by the step-by-step conversion of other roofs. If everything goes according to plan, around 6,000 modules will have been installed on an area of approx. 12,000 m² and over 60,000 metres of cable laid by the middle of the year.

"With a total output of 2.4 MWp, we will be able to generate over 35% of the total electricity consumption at the site ourselves," explains Michael Sustelo, Head of Facility Management at the Karl Mayer Group.

Source:

Karl Mayer Group

RUDOLF: Bio-based products for HYDROCOOL® technology (c) Rudolf GmbH
05.02.2024

RUDOLF: Bio-based products for HYDROCOOL® technology

RUDOLF announces a significant leap in textile performance with the introduction of bio-based innovations for its HYDROCOOL® technology, a moisture management product line.

HYDROCOOL® technologies have long been the standard for wicking moisture away from the skin to keep athletes and active people comfortable and dry. RUDOLF has taken this performance to a higher level with the integration of bio-based raw materials and their new products, RUCO®-PUR BIO SLB and FERAN® BIO ICR. These bio-based ingredients, derived from renewable sources offering:

RUDOLF announces a significant leap in textile performance with the introduction of bio-based innovations for its HYDROCOOL® technology, a moisture management product line.

HYDROCOOL® technologies have long been the standard for wicking moisture away from the skin to keep athletes and active people comfortable and dry. RUDOLF has taken this performance to a higher level with the integration of bio-based raw materials and their new products, RUCO®-PUR BIO SLB and FERAN® BIO ICR. These bio-based ingredients, derived from renewable sources offering:

  • Reduced environmental impact: By using bio-based materials, RUDOLF reduces its reliance on traditional petroleum-based raw materials, minimizing the environmental footprint of its products.
  • High performance: The new bio-based formulations are as efficient as the traditional HYDROCOOL® products and offer maximum wash resistance.
  • RUCO®-PUR BIO SLB is a bio-based finishing agent that is ideal for synthetics, cellulosic and blends. It offers a bio-based content of 43% and is therefore an important step towards a more sustainable textile industry.
  • FERAN® BIO ICR is a bio-based soil release agent specially developed for polyester and its blends. It has a 87% bio-based content, further underlining the commitment from RUDOLF for sustainable innovation.
Source:

Rudolf GmbH

IHKIB: Green Transformation Journey of the Turkish Apparel Industry (c) Istanbul Apparel Exporters' Association (IHKIB)
TIM and IHKIB President Mustafa Gültepe
05.02.2024

IHKIB: Green Transformation Journey of the Turkish Apparel Industry

The fashion industry, which has strategic importance for the Turkish economy with its value-added production, employment, and exports, came together with representatives of global brands and Laison offices at the 'Green transformation' summit. At the meeting hosted by the Istanbul Apparel Exporters' Association (IHKIB), the studies carried out in the process of adaptation to the Green Deal were put under the spotlight, and the expectations of the Turkish fashion industry from the stakeholders were also expressed.

The opening of the meeting, attended by representatives of relevant ministries and foreign representations, national and international fund providers, as well as brands and buying groups were brought together, was made by Türkiye Exporters Assembly (TIM) and IHKIB President Mustafa Gültepe. In his speech, Gültepe underlined Türkiye's importance in the global apparel industry, by realizing approximately 3.5 percent of world apparel exports. Gültepe continued as follows:

The fashion industry, which has strategic importance for the Turkish economy with its value-added production, employment, and exports, came together with representatives of global brands and Laison offices at the 'Green transformation' summit. At the meeting hosted by the Istanbul Apparel Exporters' Association (IHKIB), the studies carried out in the process of adaptation to the Green Deal were put under the spotlight, and the expectations of the Turkish fashion industry from the stakeholders were also expressed.

The opening of the meeting, attended by representatives of relevant ministries and foreign representations, national and international fund providers, as well as brands and buying groups were brought together, was made by Türkiye Exporters Assembly (TIM) and IHKIB President Mustafa Gültepe. In his speech, Gültepe underlined Türkiye's importance in the global apparel industry, by realizing approximately 3.5 percent of world apparel exports. Gültepe continued as follows:

"As IHKIB, we aim to increase our current annual exports, which are around $20 billion, to $40 billion. The road to the goal goes through Europe and America because the European Union is our largest market in apparel. We export 60 percent of our total apparel exports to EU countries. When we add other European countries and the USA, the ratio approaches 75 percent. While working on alternatives for the $40 billion in exports, we need to focus more on the European and U.S. markets because, as the data shows, the path to $40 billion in apparel exports goes through Europe and the U.S. We already have long-standing collaborations with brands centered in Europe and America. With our knowledge, speed, production quality, design power, and geographical proximity to Europe, we distinguish ourselves from competitors. We took a very important step in the transformation process exactly one year ago. We shared our action plan, which is a road map for our fashion industry's compliance with the Green Deal, with the public on January 30, 2023."

After Mustafa Gültepe's opening speech, Euratex Director General Dirk Vantyghem, Deputy Director General of the Ministry of Trade Bahar Güçlü, and Deputy Secretary General of ITKIB Özlem Güneş made presentations regarding the ongoing efforts in the Green Deal process.

Dirk Vantyghem discussed the sustainability strategy of the textile and apparel industry and the expectations from the EU administration, while Bahar Güçlü provided information about the reflections of legal regulations related to the Green Deal on Türkiye.

Deputy Secretary General of ITKIB Özlem Güneş emphasized the significant opportunity that the Green Deal represents for the Turkish apparel industry, providing comprehensive insights into the efforts conducted by IHKIB regarding the Green Deal adaptation process.

Source:

Istanbul Apparel Exporters' Association (IHKIB)

Operning ceremony Perlon Goa Foto Perlon
02.02.2024

Perlon: New plant in Goa

Perlon® – The Filament Company, a manufacturer of synthetic filaments headquartered in Munderkingen, Germany, celebrated the opening of its new plant in Goa, India. The event marked a significant milestone in Perlon®‘s global expansion strategy and underlines the company’s commitment to growth and innovation.

The plant in Goa was made possible by the recent acquisition of Shaun Filaments, a renowned Indian manufacturer of filaments. The integration of the Shaun Filaments production facility into the Perlon® Group not only offers the opportunity to strengthen market presence, but also to expand capacities and improve production processes.

The Perlon® plant in Goa will play a key role in the production of synthetic filaments for various industries, including paper, technical textiles, brushes, cosmetics and dental care. The acquisition of Shaun Filaments brings not only experienced professionals but also established production lines and technologies to the company.

Perlon® – The Filament Company, a manufacturer of synthetic filaments headquartered in Munderkingen, Germany, celebrated the opening of its new plant in Goa, India. The event marked a significant milestone in Perlon®‘s global expansion strategy and underlines the company’s commitment to growth and innovation.

The plant in Goa was made possible by the recent acquisition of Shaun Filaments, a renowned Indian manufacturer of filaments. The integration of the Shaun Filaments production facility into the Perlon® Group not only offers the opportunity to strengthen market presence, but also to expand capacities and improve production processes.

The Perlon® plant in Goa will play a key role in the production of synthetic filaments for various industries, including paper, technical textiles, brushes, cosmetics and dental care. The acquisition of Shaun Filaments brings not only experienced professionals but also established production lines and technologies to the company.

Florian Kisling, CEO of Perlon®, expressed his enthusiasm about the successful purchase: “The opening of this plant in Goa is a crucial step in our global growth strategy. We are proud to strengthen our presence in Asia while delivering the quality and innovation that Perlon® is known for worldwide.”

Source:

Perlon

26.01.2024

Lenzing: Impairment requirements (EBIT) for the financial year 2023

  • EBITDA of around EUR 300 million expected for 2023
  • Non-cash impairment losses of up to EUR 480 million
  • Implementation of the performance program fully on track

The annual valuation of assets in accordance with IFRS for the entire Lenzing Group both nationally in Austria and internationally, has resulted in a projected asset impairment of up to EUR 480 million for the 2023 financial year.1 The reasons for the impairment requirements are, on the one hand, continued uncertainties in the economic environment and, on the other hand, still increased raw material and energy costs as well as a higher interest rate environment.

The impairment losses are non-cash effective and have no impact on the full-year EBITDA for 2023, but do affect EBIT for the 2023 financial year. The Managing Board is specifying the previous earnings forecast for the 2023 financial year (EBITDA: EUR 270 – 330 million) and expects an EBITDA of around EUR 300 million.

  • EBITDA of around EUR 300 million expected for 2023
  • Non-cash impairment losses of up to EUR 480 million
  • Implementation of the performance program fully on track

The annual valuation of assets in accordance with IFRS for the entire Lenzing Group both nationally in Austria and internationally, has resulted in a projected asset impairment of up to EUR 480 million for the 2023 financial year.1 The reasons for the impairment requirements are, on the one hand, continued uncertainties in the economic environment and, on the other hand, still increased raw material and energy costs as well as a higher interest rate environment.

The impairment losses are non-cash effective and have no impact on the full-year EBITDA for 2023, but do affect EBIT for the 2023 financial year. The Managing Board is specifying the previous earnings forecast for the 2023 financial year (EBITDA: EUR 270 – 330 million) and expects an EBITDA of around EUR 300 million.

Stephan Sielaff, Chief Executive Officer of the Lenzing Group: “In the third quarter of 2023, we responded to the persistently difficult market environment and launched a comprehensive performance program, which we have been consistently implementing since then with a focus on positive free cash flow and stronger sales and margin growth. We can therefore confirm our earnings forecast with an EBITDA of around EUR 300 million. The valuation adjustment in accordance with IFRS does not change the strategic orientation of the Lenzing Group.”

Nico Reiner, Chief Financial Officer, adds: “The implementation of the performance program is going according to plan. In the future, cost measures alone are expected to contribute more than EUR 100 million to earnings annually, of which more than EUR 50 million will already be effective for the 2024 financial year. We are on target, particularly in terms of strengthening free cash flow, and we also achieved positive free cash flow in the fourth quarter. The revaluation of assets is now consistent and the right step for the future direction.”

The 2023 annual results will be presented on March 15, 2024.
 

1 Subject to potential changes resulting from the ongoing financial audit

Source:

Lenzing AG

26.01.2024

Solvay reduces transportation carbon footprint

Solvay is partnering with transportation providers KIITOSIMEON and ADAMS LOGISTICS to reduce the carbon footprint of its facility in Voikkaa, Finland. Known for its hydrogen peroxide technology, the site has a yearly capacity of 85 kilotons, making it the largest hydrogen peroxide unit in the country and one of the largest in Europe. However, the transportation of its products results in more than 850 tons of CO2 emissions annually, attributed to the several thousands deliveries conducted each year.

While the Voikkaa site has been operating on 100% wind-generated electricity since 2023, the journey towards decarbonization takes another step forward as it transitions transportation fuel from diesel to biofuel in the first quarter of 2024. This shift will result in a significant annual reduction of over 700 tons of CO2 emissions, representing more than 8O% reduction in the site's transportation carbon footprint.

Solvay is partnering with transportation providers KIITOSIMEON and ADAMS LOGISTICS to reduce the carbon footprint of its facility in Voikkaa, Finland. Known for its hydrogen peroxide technology, the site has a yearly capacity of 85 kilotons, making it the largest hydrogen peroxide unit in the country and one of the largest in Europe. However, the transportation of its products results in more than 850 tons of CO2 emissions annually, attributed to the several thousands deliveries conducted each year.

While the Voikkaa site has been operating on 100% wind-generated electricity since 2023, the journey towards decarbonization takes another step forward as it transitions transportation fuel from diesel to biofuel in the first quarter of 2024. This shift will result in a significant annual reduction of over 700 tons of CO2 emissions, representing more than 8O% reduction in the site's transportation carbon footprint.

As part of its commitment to carbon neutrality by 2050, Solvay has outlined a sustainability roadmap with around 40 energy transition projects. These projects focus on eliminating coal usage, emphasizing renewable energy sources, prioritizing energy efficiency, and driving process innovation. Solvay has further committed to reduce its emissions* along the value chain by 20% by 2030.

*scope 3 emissions, focus 5 categories, 2021 baseline

The research group Water Engineering Innovation Photo: Aarhus University
The research group Water Engineering Innovation, led by Associate Professor Zongsu Wei, works to develop water purification technologies, especially in connection with PFAS. The group collaborates in this project with the research group Robotics from the Department of Mechanical and Production Engineering.
24.01.2024

Artificial intelligence to help remove PFAS

A new research project links some of Denmark's leading researchers in PFAS remediation with artificial intelligence. The goal is to develop and optimise a new form of wastewater and drinking water treatment technology using artificial intelligence for zero-pollution goals.

In a new research and development project, researchers from Aarhus University aim to develop a new technology that can collect and break down perpetual chemicals (PFAS) in one step in a purification process that can be connected directly to drinking water wells and treatment plants.

The project has received funding from the Villum Foundation of DKK 3 million, and it will combine newly developed treatment technology from some of Denmark's leading PFAS remediation researchers with artificial intelligence that can ensure optimal remediation.

A new research project links some of Denmark's leading researchers in PFAS remediation with artificial intelligence. The goal is to develop and optimise a new form of wastewater and drinking water treatment technology using artificial intelligence for zero-pollution goals.

In a new research and development project, researchers from Aarhus University aim to develop a new technology that can collect and break down perpetual chemicals (PFAS) in one step in a purification process that can be connected directly to drinking water wells and treatment plants.

The project has received funding from the Villum Foundation of DKK 3 million, and it will combine newly developed treatment technology from some of Denmark's leading PFAS remediation researchers with artificial intelligence that can ensure optimal remediation.

"In the project, we will design, construct and test a new, automated degradation technology for continuous PFAS degradation. We’re also going to set up an open database to identify significant and limiting factors for degradation reactions with PFAS molecules in the reactor," says Associate Professor Xuping Zhang from the Department of Mechanical and Production Engineering at Aarhus University, who is co-heading the project in collaboration with Associate Professor Zongsu Wei from the Department of Biological and Chemical Engineering.

Ever since the 1940s, PFAS (per- and polyfluoroalkyl substances) have been used in a myriad of products, ranging from raincoats and building materials to furniture, fire extinguishers, solar panels, saucepans, packaging and paints.

However, PFAS have proven to have a number of harmful effects on humans and the environment, and unfortunately the substances are very difficult to break down in nature. As a result, the substances continuously accumulate in humans, animals, and elsewhere in nature.

In Denmark, PFAS have been found in drinking water wells, in surface foam on the sea, in the soil at sites for fire-fighting drills, and in many places elsewhere, for example in organic eggs. It is not possible to remove PFAS from everything, but work is underway to remove PFAS from the groundwater in drinking water wells that have been contaminated with the substances.

Currently, the most common method to filter drinking water for PFAS is via an active carbon filter, an ion-exchange filter, or by using a specially designed membrane. All of these possibilities filter PFAS from the water, but they do not destroy the PFAS. The filters are therefore all temporary, as they have to be sent for incineration to destroy the accumulated PFAS, or they end in landfills.

The project is called 'Machine Learning to Enhance PFAS Degradation in Flow Reactor', and it aims to design and develop an optimal and permanent solution for drinking water wells and treatment plants in Denmark that constantly captures and breaks down PFAS, while also monitoring itself.

"We need to be creative and think outside the box. I see many advantages in linking artificial intelligence with several different water treatment technologies, but integrating intelligence-based optimisation is no easy task. It requires strong synergy between machine learning and chemical engineering, but the perspectives are huge," says Associate Professor Zongsu Wei from the Department of Biological and Chemical Engineering at Aarhus University.

More information:
PFAS Aarhuis University
Source:

Aarhus University
Department of Biological and Chemical Engineering
Department of Mechanical and Production Engineering

Patrick Strumpf - CEO Photo: Haelixia
Patrick Strumpf - CEO
19.01.2024

Haelixa: new CEO and new member to Board of Directors

Haelixa, a provider of physical traceability solutions, announceed the appointment of a new CEO, Patrick Strumpf, and the addition of Stefan Karlen to the Board of Directors. These positions shall mark a significant step in Haelixa’s mission to advance the growth of supply chain transparency solutions and drive positive change in the industry.

Patrick Strumpf joins Haelixa as its new CEO; he has over 20 years of experience building and scaling up businesses. Thanks to his strong entrepreneurial background, he has excelled in various manufacturing, distribution, and retail roles. Strumpf’s proven leadership, commercial acumen and strong customer focus will ensure the company keeps pushing its boundaries and attains even greater heights of success. “I am excited about the Haelixa traceability solution. It sets the highest standards and delivers outstanding advantages to brands and manufacturers who position themselves as innovation leaders, especially regarding compliance and credibility issues.”

Haelixa, a provider of physical traceability solutions, announceed the appointment of a new CEO, Patrick Strumpf, and the addition of Stefan Karlen to the Board of Directors. These positions shall mark a significant step in Haelixa’s mission to advance the growth of supply chain transparency solutions and drive positive change in the industry.

Patrick Strumpf joins Haelixa as its new CEO; he has over 20 years of experience building and scaling up businesses. Thanks to his strong entrepreneurial background, he has excelled in various manufacturing, distribution, and retail roles. Strumpf’s proven leadership, commercial acumen and strong customer focus will ensure the company keeps pushing its boundaries and attains even greater heights of success. “I am excited about the Haelixa traceability solution. It sets the highest standards and delivers outstanding advantages to brands and manufacturers who position themselves as innovation leaders, especially regarding compliance and credibility issues.”

Stefan Karlen joins Haelixa’s Board of Directors; he brings over 30 years of experience in the supply chain industry, having served as the Group CEO of Panalpina, one of the world’s leading freight forwarding and logistics companies. With his deep understanding of global supply chains and expertise in building solid teams, Karlen will provide valuable insights to Haelixa’s Board of Directors. His track record of driving innovation is instrumental in shaping the company’s strategic direction. “I am passionate about environmental responsibility and bringing positive change”, said Karlen. He added, “I identify with Haelixa’s values and am excited to leverage my skills to a company that prioritises sustainability and integrity.”

More information:
Haelixa CEO Board of Directors
Source:

Haelixia

17.01.2024

AkzoNobel: Jolanda Poots-Bijl steps down

Jolanda Poots-Bijl has announced that she will step down as a member of AkzoNobel's Supervisory Board as of January 31. The decision follows her appointment as CFO of Ahold Delhaize, which limits availability for her current Supervisory Board role.

The Supervisory Board will announce a successor – to be nominated for appointment at the next Annual General Meeting – in due course. Until then, her activities will be covered by the current Supervisory Board members.

Jolanda Poots-Bijl has announced that she will step down as a member of AkzoNobel's Supervisory Board as of January 31. The decision follows her appointment as CFO of Ahold Delhaize, which limits availability for her current Supervisory Board role.

The Supervisory Board will announce a successor – to be nominated for appointment at the next Annual General Meeting – in due course. Until then, her activities will be covered by the current Supervisory Board members.

Source:

AkzoNobel

SEEK presents new projects and innovations on 16 and 17 January 2024 (c) Premium Exhibitions GmbH / Marcus Mainz
12.01.2024

SEEK presents new projects and innovations on 16 and 17 January 2024

There are only a few days left until the SEEK community comes together at the Station Berlin on 16 and 17 January 2024. The team around SEEK's Show Director Marie-Luise Patzelt is looking forward to welcome around 200 brands, speakers such as Jessica Arnold (Adidas), Sebastian Haufellner (Lodenfrey), Yannik Dietrich (Breuninger), Martyna Zastawna (Vogue), numerous game changers from the sustainability scene and new fashion and lifestyle inspirations.

The new alliance between SEEK and UNION Showroom presents its joint project "THE JUNCTION" for the first time. A selection of high-quality brands with a focus on craftsmanship, origin, and history will be presented in Station Berlin's exclusive loft spaces, includes brands such as A New Sweden, Bruné, Freenote Cloth, Fullcount, Godspeed, Good-Alls, Hidden Aces, Nudie Jeans, Oodoo Boots, Paltò, Viberg, White Sand, and Tenue. THE JUNCTION starts simultaneously with UNION on 14.01.24 and ends with SEEK on 17.01.24.

There are only a few days left until the SEEK community comes together at the Station Berlin on 16 and 17 January 2024. The team around SEEK's Show Director Marie-Luise Patzelt is looking forward to welcome around 200 brands, speakers such as Jessica Arnold (Adidas), Sebastian Haufellner (Lodenfrey), Yannik Dietrich (Breuninger), Martyna Zastawna (Vogue), numerous game changers from the sustainability scene and new fashion and lifestyle inspirations.

The new alliance between SEEK and UNION Showroom presents its joint project "THE JUNCTION" for the first time. A selection of high-quality brands with a focus on craftsmanship, origin, and history will be presented in Station Berlin's exclusive loft spaces, includes brands such as A New Sweden, Bruné, Freenote Cloth, Fullcount, Godspeed, Good-Alls, Hidden Aces, Nudie Jeans, Oodoo Boots, Paltò, Viberg, White Sand, and Tenue. THE JUNCTION starts simultaneously with UNION on 14.01.24 and ends with SEEK on 17.01.24.

The SEEK brand portfolio currently encompasses almost 200 brands, including 46 % conscious brands and 45 % newcomers. Buyers and visitors can look forward to brands such as Aer Scents, Bask in the Sun, Chrome, Danner, Dedicated, Givn Berlin, Hestra, Kangaroos, Novesta, Palladium, Pyrenex, Santa Cruz Skateboards, Welter Shelter and Woodbird. Newcomers include Afoam Stories, A Good Company, Dale Of Norway, Good Wool Story, Heimat, Hen's Teeth, Open Era, Pompeii, The Jogg Concept, Wax London and many more.

The SEEK Conscious Club forms the heart of the January edition and is developing into the "place to be" of the sustainability scene. Purpose-driven business practices, systematic sustainability and practical standards will become even more crucial in 2024. With this in mind, the SEEK team introduces the innovative "360 Sustainability Validation" with its partners IVALO.COM and studio MM04. The "360 Sustainability Validation" - powered by IVALO.COM and consulted by studio MM04. Customers can see brand sustainability in 8 different sustainability categories. 360 is a commercial production value chain analysis tool that provides results that are comparable. The aim is to make the complex sub-areas of sustainability in fashion more transparent and comparable. The SEEK team has been working with the sustainability experts at studio MM04 for a long time and is delighted to be part of this important step towards standardising sustainability evaluations. Participating brands in this years Conscious Club are Basic Apparel, Bread & Boxers, Cabaia, Camper, Dawn Denim, Flamingos Life, Isaora, Jan'n June, Kings of Indigo, Rita Row, Secrid, Stapf and Thinking Mu, amongst others.

Together with renowned experts, SEEK is once again presenting a content programme with live interviews, talks, panels and community classes. Speakers such as Carl Tillessen (Deutsches Mode Institut), Steffen Liese (JD Sports), Stephan Huber (Style in Progress), Penny Whitelaw (Good on You), Mimi Sewalski (Avocadostore), Valerie Vogel (Engelhorn), Cheryll Mühlen (J'N'C), Rune Orloff (Pool), Sabine Rogg (Trendbüro), Anthony Lui (A New Sweden), Patrick Bergmann (Famefact), Florian Müller (Müller PR & Consulting) will share their insights exclusively with the SEEK community. The diverse programme includes themes such as pricing and profiling success strategies in times of disruption, a "no-bullshit" guide for brand spaces, the most important LinkedIn and consumer trends for 2024, new chances for recruiting and leadership as well as mental health in fashion.

Source:

Premium Exhibitions GmbH

Vesta Corporation presented first Sustainability Report (c) Vesta Corporation
05.01.2024

Vesta Corporation: First Sustainability Report

The Tuscan tannery Vesta Corporation has presented to its stakeholders a report outlining its current commitment and future objectives, with a view to innovating, safeguarding and fostering high-end leather material processing.

Ever since it was founded in 1966 in Ponte a Egola, the Tuscan hub for the production of leather for vegetable tanned soles, Vesta has been a supplier and partner of haute couture and sportswear brands, from lightweight calf and half-calf leather, to heavy leathers made with hind and rump hide, for leatherware and shoes.

The Tuscan tannery Vesta Corporation has presented to its stakeholders a report outlining its current commitment and future objectives, with a view to innovating, safeguarding and fostering high-end leather material processing.

Ever since it was founded in 1966 in Ponte a Egola, the Tuscan hub for the production of leather for vegetable tanned soles, Vesta has been a supplier and partner of haute couture and sportswear brands, from lightweight calf and half-calf leather, to heavy leathers made with hind and rump hide, for leatherware and shoes.

To draft this Report, reference was made to the “Global Reporting Initiative Sustainability Reporting Standards” established by the Global Reporting Initiative (GRI). The information in the balance sheet refers to the year 2022 (from 1 January to 31December 2022). Wherever possible, data for the previous year are included, to allow for a comparison of data over time and to assess the trend of Vesta activities. Sustainability is an objective-driven process. This means that comparing data allows for concretely measuring the company’s progress, as it pursues this accounting process year after year.

The improvement actions already implemented by Vesta involve corporate responsibility from an environmental, social and governance perspective. An example are the improved heating and processing plants (which entails the construction of a new tumbling department based on 4.0 technology). This guarantees significant energy, water and economic savings. Along with numerous corporate certifications, the company has passed the Raw Material Traceability test with a score of EXCELLENT, as well as the Carbon and Water footprint analysis.

As confirmation of its commitment to improving corporate performance levels, Vesta has been upgraded from BRONZE (2020) to GOLD in 2023, as assessed by the Leather Working Group (which measures leather manufacturers’ environmental performance for ecological production and for a systemic management of quality, environmental, safety and ethical factors).

Becoming energy-independent is a major step in the pipeline, involving the installation of a photovoltaic plant. This is complemented by the implementation of a project aimed at totally compensating its CO2 emissions for the year subject to accounting and certification. This neutrality will be achieved through the acquisition of credits deriving from projects certified by the United Nations. For example, with the construction of an important hydro-electric plant to which Vesta is contributing. With regard to production, corporate research is currently focused on developing solutions to reduce water and energy use. It is also implementing circular trends by adopting an increasing number of bio-based products, to guarantee the most sustainable end-of-life and waste management for its products.

Source:

Vesta Corporation

Photo: akiragiulia, Pixabay
05.01.2024

Research to reduce shed of microplastics during laundering

A collaboration between Deakin University researchers and Australia’s largest commercial linen supplier Simba Global is tackling a critical global issue, the spread of harmful microplastics through our laundry.

Clothing and textiles are estimated to generate up to 35 per cent of the microplastics found in the world’s oceans, making them one of the biggest contributors. But there is still a lot to be learnt about the characteristics of these microplastics and exactly how and why they are generated.

Researchers at the ARC Research Hub for Future Fibres in Deakin’s Institute for Frontier Materials (IFM) have teamed up with Simba Global, a global textile manufacturing and supply company, to better understand the extent and type of microplastics shed when their products are laundered. Simba Global wants to lead the charge to reduce the environmental impact of textiles.

Lead scientist IFM Associate Professor Maryam Naebe said working with an industry partner on the scale of Simba Global meant the research could have a huge real-world impact.

A collaboration between Deakin University researchers and Australia’s largest commercial linen supplier Simba Global is tackling a critical global issue, the spread of harmful microplastics through our laundry.

Clothing and textiles are estimated to generate up to 35 per cent of the microplastics found in the world’s oceans, making them one of the biggest contributors. But there is still a lot to be learnt about the characteristics of these microplastics and exactly how and why they are generated.

Researchers at the ARC Research Hub for Future Fibres in Deakin’s Institute for Frontier Materials (IFM) have teamed up with Simba Global, a global textile manufacturing and supply company, to better understand the extent and type of microplastics shed when their products are laundered. Simba Global wants to lead the charge to reduce the environmental impact of textiles.

Lead scientist IFM Associate Professor Maryam Naebe said working with an industry partner on the scale of Simba Global meant the research could have a huge real-world impact.

Simba Global is the major linen supplier to Australia’s hospitals, hotels and mining camps, resulting in 950,000 tonnes of textile products – including bedsheets, bath towels, scrubs and much more – going through the commercial laundering process each year. It also supplies international markets in New Zealand, Singapore and the US.

“As part of our research, we will investigate potential solutions including the pre-treatment of textiles to reduce the shedding of microplastics, or even increasing the size of the plastics that break down so they can be better captured and removed by filtration during the laundering process,” Associate Professor Naebe said.

“Microplastics are now ubiquitous in the environment, they’re in the air we breathe, the food we eat and the earth we walk on. The magnitude of the problem is bigger than previously thought.

“Of serious concern is the mounting evidence that microplastics are having a negative impact on human and animal health. There are not just physical, but chemical and biological impacts.”

Associate Professor Naebe’s team have taken the first steps in the project, analysing wastewater samples from commercial laundries with high-powered electron microscopes in their Geelong laboratory, part of the largest fibres and textiles research facility in Australia.

The team recently presented a new scientific paper at the Association of Universities for Textiles (AUTEX) Conference 2023, which started the important process of formally categorising these types of microplastics, as well as developing standard terminology and testing methods.

“Because our understanding of microplastics is still in its infancy, we needed to start right at the beginning,” Associate Professor Naebe said.

“We need to have a standard definition of what is a microplastic. Up to this point that has been lacking, which makes it difficult to compare and incorporate other studies in this area.

“We are now developing a systematic method for sampling and identifying microplastics in laundry wastewater. It has been tricky to measure the different sizes, but this is important information to have. For example, there are studies that suggest some sizes of microplastics are causing more issues in certain animals.

“The next step will be establishing an essential method to prevent the release of microplastics from textile laundering. This may involve a coating on the surface of the textile or better ways to collect the waste during the washing process.”

Simba Global Executive Chair Hiten Somaia said the company had a strong focus on sustainability, driven by the business’ purpose statement.

“We are proud to partner with Deakin University in what is the first significant research into textile microplastic pollution in Australia. What we are most excited about is sharing the results of this research with all other textile markets in Australia – including clothing – and putting an end to microplastic pollution from textiles.”

Source:

Deakin University

Stahl: New visual brand identity (c) Stahl
03.01.2024

Stahl: New visual brand identity

Stahl, a leader in speciality coatings and treatments for flexible substrates, announces the launch of its new visual brand identity, marking an important step in Stahl's strategic journey.

This transformative initiative marks the next step in Stahl's strategic journey, aligning the company’s visual brand identity with its purpose and strategic direction. In recent years, Stahl has been evolving its positioning and offering to meet the changing needs of its customers and markets and to drive the next phase of its growth. In particular, the rebranding project follows the recent acquisition of Stahl Packaging Coatings (formerly ICP Industrial Solutions Group) as well as the launch of Stahl’s new purpose: Touching lives, for a better world. The purpose encapsulates the company's commitment to making a positive impact on the world, reflecting not only Stahl’s proud heritage, but also its future influence as a leader in speciality coatings and treatments for flexible substrates.

Stahl has also introduced a new colour palette to help visualise and differentiate its activities and its approach to sustainability and other strategic topics.

Stahl, a leader in speciality coatings and treatments for flexible substrates, announces the launch of its new visual brand identity, marking an important step in Stahl's strategic journey.

This transformative initiative marks the next step in Stahl's strategic journey, aligning the company’s visual brand identity with its purpose and strategic direction. In recent years, Stahl has been evolving its positioning and offering to meet the changing needs of its customers and markets and to drive the next phase of its growth. In particular, the rebranding project follows the recent acquisition of Stahl Packaging Coatings (formerly ICP Industrial Solutions Group) as well as the launch of Stahl’s new purpose: Touching lives, for a better world. The purpose encapsulates the company's commitment to making a positive impact on the world, reflecting not only Stahl’s proud heritage, but also its future influence as a leader in speciality coatings and treatments for flexible substrates.

Stahl has also introduced a new colour palette to help visualise and differentiate its activities and its approach to sustainability and other strategic topics.

More information:
Stahl Coatings packaging
Source:

Stahl

Bangladesh Apparel Exchange (BAE) and Fashion for Good promote Textile Circularity in Bangladesh Photo: Bangladesh Apparel Exchange
18.12.2023

Bangladesh Apparel Exchange and Fashion for Good promote Textile Circularity in Bangladesh

On December 7th and 8th, Bangladesh Apparel Exchange (BAE) in partnership with Fashion for Good, facilitated the “Chemical Recycling Technologies: Manufacturing Markets Gateway”, in Bangladesh. Fashion for Good, the Amsterdam based global platform for innovation, along with two disruptive technology start-ups focused on textile-to-textile chemical recycling, Circ and Infinited Fiber Company, were the key stakeholders in this initiative.

The two-day visit leveraged Bangladesh's status as a major garment production hub, exploring the potential of chemical recycling technologies to enhance environmental sustainability. Emphasizing the importance of circularity, the event aimed to spread awareness about current disruptive innovations that could transform the industry's approach to waste and resource management, setting an example for future sustainable practices. It focuses on integrating these technologies within the local manufacturing landscape, securing feedstock partnerships, and developing a value chain for recycled apparel materials.

On December 7th and 8th, Bangladesh Apparel Exchange (BAE) in partnership with Fashion for Good, facilitated the “Chemical Recycling Technologies: Manufacturing Markets Gateway”, in Bangladesh. Fashion for Good, the Amsterdam based global platform for innovation, along with two disruptive technology start-ups focused on textile-to-textile chemical recycling, Circ and Infinited Fiber Company, were the key stakeholders in this initiative.

The two-day visit leveraged Bangladesh's status as a major garment production hub, exploring the potential of chemical recycling technologies to enhance environmental sustainability. Emphasizing the importance of circularity, the event aimed to spread awareness about current disruptive innovations that could transform the industry's approach to waste and resource management, setting an example for future sustainable practices. It focuses on integrating these technologies within the local manufacturing landscape, securing feedstock partnerships, and developing a value chain for recycled apparel materials.

Denim Asia Limited, Knit Asia Limited, Progress Apparels Limited, Ananta BD, Reverse Resources, and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) played pivotal roles in this initiative. Knit Asia Ltd, notably acclaimed for their commitment to sustainable practices, along with Denim Asia, associated with the sustainable brand Noize Jeans, showcased their commitment to sustainable manufacturing processes.
Progress Apparels Limited, a ready-made garment producer and part of PDS Limited demonstrated its advanced sustainable production facilities. Reverse Resources and the BGMEA hosted an intimate “Meet and Greet Networking Session”, to boost awareness about the technologies in the industry.

Mr. Mostafiz Uddin, Founder and CEO of Bangladesh Apparel Exchange, emphasized the significance of this event for the wider Bangladeshi textile industry, " Bangladesh has the biggest manufacturing sector in South Asia and this tour marks a critical step towards a circular fashion ecosystem, also how can the fashion industry become more sustainable in Bangladesh. It's not just an event; it's part of a larger movement to incorporate innovative recycling, Sustainable Fashion technologies and establish global partnerships for a sustainable fashion industry."

Featuring interactive sessions, factory visits, and knowledge sharing, this initiative offered a platform for fostering collaborations between manufacturers and technology innovators.

Bangladesh Apparel Exchange and Fashion for Good are optimistic about a future where Bangladesh leads in sustainable and circular apparel manufacturing.

Source:

Bangladesh Apparel Exchange