Home / Knowledge / News / Textiles / WTS explores business basis of textile sustainability
WTS explores business basis of textile sustainability
16
Nov '15
The World Textile Summit, a unique one-day event that brings together the world's most influential textile business leaders to debate issues of strategic importance to the global industry, gave more than 150 textile industry leaders a range of expert insights into the business issues that feed into decisions on sustainability in the textile supply chain.

Co-located with ITMA 2015 in Milan, the world’s most prestigious exhibition of textile manufacturing technology, the Summit had a programme designed to examine how investment in ‘clean’ manufacturing or the use of sustainably sourced materials can help add value to companies at all levels of the supply chain, WTS said in a press release.

It opened with a keynote address by Mary Porter Peschka, Director, Advisory Solutions, at the International Finance Corporation (IFC), a member of the World Bank Group. Peschka explained how the IFC, which operates as the Bank’s commercial arm, assists Small and Medium-sized Enterprises (SMEs) in developing countries, providing  both investment and advice. It also provides consultancy to industry and governments on measures to improve sustainability.

The subject of sustainability aligned with the overarching theme of ITMA 2015, which continues at the Fiera Milano Rho, in Milan until November 19, and the event was structured to assist senior textile decision-makers in formulating strategy. Its elements include the role of sustainability in differentiating brands and companies, business profitability and security, investment decisions, the circular supply chain, customer acquisition and retention and product development

Paula Oliveira, Director, Interbrand, who explained how sustainability can deliver a marketing edge by differentiating brands and companies. Vivek Tandon, co-founder of French private-equity investor Aloe Group, which specialises in sustainable investments and has interests in the fibre sector, gave an investor’s perspective.

There then followed a session in which three textile industry leaders gave their first-hand accounts of the advantages of investment in ‘clean’ manufacturing. Maurizio Ribotti, of Canepa SpA (Italy), Roger Yeh, of Everest Textile Co Ltd (Taiwan), and Ajay Sardana, of Aditya Birla Group (India), each briefly described their company’s experience and joined an open discussion on the investment case for ‘green’ technology.

The event ended with Burak Tun, Director Sales, Menderes Tekstil (Turkey) and Alan Garosi, Global Marketing Manager, Fulgar (Italy) each presenting a short case study, focusing on their own company’s application of environmentally friendly materials, and were joined on the platform by Peter Waeber, of bluesign technologies, for an open discussion on the strategic choices to be made in material selection. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles minister Smriti Irani lighting the lamp to inaugurate the 6th edition of the International Apparel and Textile Fair ‘VASTRA 2017’, in Jaipur. Courtesy: PIB

Textiles | On 22nd Sep 2017

Placement rate in textiles sector is 70%: Indian minister

The recent high growth of foreign direct investment (FDI) in the...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Textiles | On 22nd Sep 2017

Messe Frankfurt acquires Source Africa, ATF textile shows

Messe Frankfurt, one of the world´s leading trade show organisers,...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Paolo Ocleppo
Sandvik Hyperion

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Bani Batra

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search