“TextileExchange’s Benchmark Programme provides a framework for the industry. Companies working to improve their impact on the environment, natural resources, people and animals can compare best practices and results. Our aim is to have these companies learn from each other and even feel a sense of urgency to make improvements similar to those of their colleagues in the industry. As we move beyond the pilot phase we’ll also be encouraging more companies to join in,” said Liesl Truscott, European and Materials Strategy Director.
Textile Exchange, through the Benchmark Program, gathers data on all aspects of a company’s sustainability performance. TE analyzes this data and determines an overall average for each category. Additionally, each company receives a confidential report that compares reported data from other textile companies in order to identify best practices and encourage more action and investment in key sustainability areas such as materials use, supply chain transparency and more. (SH)
Fibre2Fashion News Desk – India