cKinetics today announced the launch of its annual sustainability report for the textile sector, ‘March to Sustainability 2011’, that highlights sustainability plans of leading brands and retailers for their global textile supply chains. In a global market dotted with increasing regulation and growing consumer preferences for sustainable products, the report delves into actions that global textile and apparel majors are taking, and outlines implications for manufacturers globally.
New Delhi, India, October 04, 2011 — cKinetics today announced the launch of its annual sustainability report for the textile sector, ‘March to Sustainability‘, that highlights sustainability plans of leading brands and retailers for their global textile supply chains.
In a global market dotted with increasing regulation and growing consumer preferences for sustainable products, the report delves into actions that global textile and apparel majors are taking, and outlines implications for manufacturers globally.
The report summarizes the key drivers for the increased focus on Sustainability: (a) Brand reputation protection and risk management; (b) Increasing resource (water, energy, land) scarcity in the regions of production; (c) Compliance requirements both at a product level (which is driven mainly by the importing market like REACH in the EU) and compliance requirements at a process level (which are driven by the production region laws); and (d) Consumer pull i.e. increasing consumer preference in the EU and in North America (which are the largest markets) for sustainable labels.
The global firms profiled include adidas, Nike, C&A, Gap Inc., H&M, Inditex, John Lewis, Levi Strauss, Lindex, Mountain Equipment Co-op, New Balance, Otto, Patagonia, Phillips-Van Heusen, Puma, Recreational Equipment Inc, VF Corp, Timberland, Carrefour, IKEA, Marks & Spencer, Tesco, Wal-Mart and Continental Clothing.
The report provides a detailed insight into the sustainability initiatives undertaken by the firms around aspects such as sustainability dimension in their sourcing strategy, sustainable material initiatives, sustainability in manufacturing, sustainability in labor practices, and tracking and compliance.
The report also features details on eco-labels, certifications and industry initiatives; as well as outlines niche Sustainable brands.
March to Sustainability 2011 also offers a glimpse into the future, outlining actions that are going to change the textile industry landscape. The report makes three predictions for the next 12-24 months that will influence suppliers and manufacturers:
1. The cotton supply chain will undergo significant changes with a number of initiatives towards ethically sourced cotton going mainstream.
2. There will be a unification of reporting and tracking systems across the supply chain, leading to increased transparency and lowering of the reporting costs for manufacturers.
3. The industry will witness a consolidation of suppliers and long term contracts will increasingly become the norm.
Complete details on the report are available at: http://www.cKinetics.com/MarchToSustainability2011/
About Us :
cKinetics is a sustainability accelerator providing operational consulting and strategic services for shaping scalable sustainability solutions and low carbon growth practices within industry and communities. The firm has offices in New Delhi, India and Palo Alto, California, United States. This report has been written by cKinetics‘ Market Access and Insight Practice. The firm is also working on supply chain interventions that include mapping, base-lining, risk assessment and inventorization.
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Conatct :
Sandeep Roy
cKinetics
New Delhi, India
+91.11.4105.1195
[email protected]
http://www.ckinetics.com/MarchToSustainability2011
