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Denim Expert (c) Denim Expert Ltd.
19.11.2020

Bangladesh’s Denim Expert becomes Sustainability New Champion

Denim Expert Limited, a denim manufacturing and washing plant of Bangladesh, has recognized as ‘New Champion’ by World Economic Forum. It’s the only apparel and textile entity in the world that received this recognition this year.

The New Champions Awards of World Economic Forum recognize excellence in sustainability, digital disruption and agile business governance. Denim Expert has been selected as ‘Honorable Mention’ in excellence in sustainability category.

The declaration was made by World Economic Forum in an official announcement published on their website on 16 November.

“From their impact on the planet and society to how they can participate in building a better future, the World Economic Forum’s New Champion companies are doing just that – exploring the new business models, emerging technologies and sustainable growth strategies that will be vital in the Fourth Industrial Revolution” was said in the World Economic Forum announcement.

Denim Expert Limited, a denim manufacturing and washing plant of Bangladesh, has recognized as ‘New Champion’ by World Economic Forum. It’s the only apparel and textile entity in the world that received this recognition this year.

The New Champions Awards of World Economic Forum recognize excellence in sustainability, digital disruption and agile business governance. Denim Expert has been selected as ‘Honorable Mention’ in excellence in sustainability category.

The declaration was made by World Economic Forum in an official announcement published on their website on 16 November.

“From their impact on the planet and society to how they can participate in building a better future, the World Economic Forum’s New Champion companies are doing just that – exploring the new business models, emerging technologies and sustainable growth strategies that will be vital in the Fourth Industrial Revolution” was said in the World Economic Forum announcement.

Source:

Denim Expert Ltd.

Asia Pacific Rayon  logo Asia Pacific Rayon
Asia Pacific Rayon Logo
24.01.2020

Asia Pacific Rayon Joins World Economic Forum’s Public Blockchain Platform

To Accelerate Public-Private Cooperation in Supply Chain Transparency

Asia Pacific Rayon (APR) has joined the first neutral and public traceability platform capable of visualising blockchain-based supply chain data from multiple companies and sources. It aims to help businesses across industries respond to consumer demands for ethical and environmentally friendly products.
The neutral and safe space for collaboration is provided by the World Economic Forum and created in collaboration with Everledger, Lenzing Group, TextileGenesis™, and the International Trade Centre. APR will contribute to Phase 2 of the initiative which seeks to incorporate more data sources.

“APR has started harnessing the potential of enterprise blockchain technology to enable customers to trace finished products back to the plantation forest origins on a smartphone app. To be able now to connect our data to other similar industry initiatives is a natural next step for APR, as is extending the benefits of our upstream traceability to the rest of the textile value chain.

Enhancing Follow Our Fibre with New Mill Sustainability Dashboard

To Accelerate Public-Private Cooperation in Supply Chain Transparency

Asia Pacific Rayon (APR) has joined the first neutral and public traceability platform capable of visualising blockchain-based supply chain data from multiple companies and sources. It aims to help businesses across industries respond to consumer demands for ethical and environmentally friendly products.
The neutral and safe space for collaboration is provided by the World Economic Forum and created in collaboration with Everledger, Lenzing Group, TextileGenesis™, and the International Trade Centre. APR will contribute to Phase 2 of the initiative which seeks to incorporate more data sources.

“APR has started harnessing the potential of enterprise blockchain technology to enable customers to trace finished products back to the plantation forest origins on a smartphone app. To be able now to connect our data to other similar industry initiatives is a natural next step for APR, as is extending the benefits of our upstream traceability to the rest of the textile value chain.

Enhancing Follow Our Fibre with New Mill Sustainability Dashboard

Launched in mid-2019, APR’s blockchain-based Follow Our Fibre allows customers and stakeholders to scan its viscose product with a user-friendly app to access data that traces the product’s journey from plant nursery to viscose manufacturing and on to seaports. In October 2019, APR announced a collaboration with TrusTrace to integrate Follow Our Fibre with the latter’s T-Trace module. This helps connect APR’s upstream data to downstream textile value chain actors such as yarn and fabric customers and fashion brands.

More recently, a sustainability dashboard tracking key mill environmental performance indicators has been added to Follow Our Fibre. The dashboard presents APR’s performance in its first year of operations where a baseline has been established for quarterly tracking, reporting and continuous improvement.
The performance indicators follow key industry standards being set by ZDHC for Man-Made Cellulosic Fibres (MMCF), as well as the European Union Best Available Technologies (EU BAT).

 

 

Source:

(c) Omnicom Public Relations Group

(c) Lenzing AG
21.06.2019

Lenzing Group to become the first carbon neutral fiber producer in the world

  • Lenzing sets net-zero CO2 emissions target by 2050
  • Reduction of specific CO2 emissions by 50 percent until 2030
  • Investment of more than EUR 100 mn to combat 1.3 Mt of CO2 emissions
  • Commitment to follow the Science Based Targets concept

Lenzing, member of the CEO Climate Leaders Group of the World Economic Forum and a signatory to the United Nations Fashion Industry Charter for Climate Action, will drastically reduce its CO2 footprint. The Lenzing Group will invest EUR 100 mn over the coming years to reduce carbon emissions both inside its operational boundaries (scope 1+2) and in its supply chain (scope 3). Due to its ambitious CO2 emission reduction strategy, the Lenzing Group will further contribute towards helping customers to transition their business to a lower CO2 base.

A first milestone is set for 2030, when Lenzing plans to reduce CO2 emissions per ton of product by almost 50 percent (scope 1+2 and 3) compared to a 2017 baseline. The total CO2 reduction of all the planned initiatives will yield 1.3 Mt.

  • Lenzing sets net-zero CO2 emissions target by 2050
  • Reduction of specific CO2 emissions by 50 percent until 2030
  • Investment of more than EUR 100 mn to combat 1.3 Mt of CO2 emissions
  • Commitment to follow the Science Based Targets concept

Lenzing, member of the CEO Climate Leaders Group of the World Economic Forum and a signatory to the United Nations Fashion Industry Charter for Climate Action, will drastically reduce its CO2 footprint. The Lenzing Group will invest EUR 100 mn over the coming years to reduce carbon emissions both inside its operational boundaries (scope 1+2) and in its supply chain (scope 3). Due to its ambitious CO2 emission reduction strategy, the Lenzing Group will further contribute towards helping customers to transition their business to a lower CO2 base.

A first milestone is set for 2030, when Lenzing plans to reduce CO2 emissions per ton of product by almost 50 percent (scope 1+2 and 3) compared to a 2017 baseline. The total CO2 reduction of all the planned initiatives will yield 1.3 Mt.

More information:
Lenzing Group
Source:

Lenzing AG