Home / Knowledge / News / Textiles / Evaluating the cost of sustainability in textile sector
Evaluating the cost of sustainability in textile sector
30
Oct '12
Presenters at the Sustainable Textiles Conference couched the environmental impact of manufacturing in dollar terms, emphasizing not only the cost of cleaning up after poor environmental practices, but also the potential cost to brand names.

Putting a price tag on the environmental impact makes more people pay attention, said

Reiner Hengstmann, global director of Puma Safe, a social and environmental responsibility department within Puma.
 
“With some people, [talk about environmental impact] goes in one ear and out the other,” he said. “You have to put it in terms of money for them to start to pay attention.” 
 
Hengstmann described the company’s creation of an “environmental profit and loss account” estimating the environmental impact of greenhouse gas emissions, water use, land use, air pollution and waste. Puma estimated that the company’s “EP&L” generated by its supply chain totaled 145 million euros, or $188.6 million, a year in 2010. Within that total figure, Hengstmann said, much of the impact came from lower-tier suppliers.
 
So Hengstmann suggested sourcing from more “low-impact countries,” using environmentally efficient suppliers, consolidating material purchasing and reducing the amount of styles being made. The EP&L program is to be rolled out across other brands within PPR, which owns Puma, Hengstmann said. 
 
PPR also owns luxury brands such as Gucci, Yves Saint Laurent and Bottega Veneta, as well as sport brands such as Tretorn. Peter Melchett, policy director at the Soil Association, gave figures describing the financial impact on environmental issues and noted that the organic cotton industry has shown annual growth rates in the double digits, even in Europe during the financial crisis. 
 
Melchett focused much of his talk on cotton production, citing data that estimates pesticide-related illnesses in sub-Saharan Africa’s cotton-growing lands costing $90 billion by 2020. In another panel at the conference, organized by Textile Exchange on Oct. 4 and 5 at the Hong Kong Convention Center, Debra Tan, director of China Water Risk, a nonprofit focused on China’s water crisis, discussed the country’s water scarcity and warned companies that water issues would be an important business consideration in the near future. The Chinese government, recognizing a water shortage problem, identified water as a key focus in its latest five-year plan. 
 
 

Must ReadView All

Courtesy: conservativehome.com

Textiles | On 24th Jun 2016

Britain set to leave EU; India prepared for consequences

Britain is set to be the first country to leave the EU since its...

Apparel/Garments | On 24th Jun 2016

TEA appeals to PM to forge FTA with Britain

On the heels of Britain voting to exit the European Union, the...

Textiles | On 24th Jun 2016

Now, govt tries to link textiles sector with tourism

The government has said concrete steps are being taken to set up...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Frank Gossmann
Rotorcraft AG

What new innovations did Rotorcraft exhibit at the recent textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search