Sep 14, 2018
Textile Exchange, KPMG develop SDG roadmap for textiles
Sep 14, 2018
Non-profit organisation Textile Exchange in association with KPMG has developed the Sustainable Development Goals (SDGs) roadmap for the apparel, retail and textile sector. It is a set of 17 universally agreed-upon goals addressing the top current environmental, social and economic issues. SDGs address critical operational risks, according to a report.
Titled 'Threading the Needle: Weaving the Sustainable Development Goals into the Textile, Retail and Apparel Industry', the report prepared by Textile Exchange with KPMG, offers SDG guidance to apparel, retail and textile suppliers, brands and retailers on business considerations and opportunities for shared value, an SDG engagement model, best practices and multi-stakeholder initiatives, and considerations for top sourcing countries.
"Threading the Needle is an important first step in understanding how existing industry initiatives can advance the 2030 Agenda, including adoption of more sustainable fibres and materials, responsible production and circular business practices," said La Rhea Pepper, the managing director of Textile Exchange.
"The report provides a roadmap for companies seeking to realize the SDGs in their own sector and value chain," said Anita Whitehead, principal for KPMG's Development and Exempt Organizations (DEO) practice in the US "The report aims to provide companies with guidance and information that will help prioritize their SDG focus where it can generate the most impact."
"Threading the Needle is an amazing information source for the apparel industry to tackle the global challenges of the SDGs. This valued toolkit supports my discussions with the textile supply chain and apparel brands as a starting point to integrate the SDGs into their sustainability platforms and goals. Collaboration is the key for impactful change," noted Tricia Carey, director of Global Business Development for Lenzing AG.
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