Fast Retailing publishes sustainability report 2021

12 Feb '21

2 min read

Pic: Uniqlo/ Fast Retailing

Fast Retailing, a Japanese manufacturer and retailer, has published its sustainability report 2021, which consolidates the company's vision and its latest efforts towards becoming a more sustainable organisation. The report focuses on the lifestyles and awareness of its customers and stakeholders changing against the backdrop of the coronavirus.

Guided by its sustainability statement Unlocking the Power of Clothing, Fast Retailing works to promote initiatives that support the development of a better society through its apparel business.

“How are we going to leave behind a positive world for the next generation? What kind of economic activity will create a path to a positive world? We must think wholeheartedly about these questions and act. With our latest sustainability report, we hope to reaffirm our commitment to be the kind of business that finds and implements answers to such questions,” Tadashi Yanai, chairman, president & CEO of the Fast Retailing Group, said in a press release.

The opening feature of the report is a special discussion between Yanai and French philosopher, economist and futurologist, Jacques Attali. The feature is a transcript of a two-hour conversation held online between the pair in October 2020 and explores how the coronavirus crisis is changing society and how industry can improve in response.

The report also offers several other viewpoints on what a sustainable society can be. It presents a diverse range of interviews that includes a young founder of a fledgling environmental start-up, high school students, the CEO of the Swedish Olympic Committee (a country at the leading edge of sustainability) and refugees who have fulfilled their dream.

Finally, the sustainability report 2021 integrates highlights of the company's initiatives over a 20-year period, since it first established its social contribution office in 2001. This includes the company's clothing donation programme to support refugee camps and victims of natural disasters around the world, its efforts to ensure safe, secure and just labour environments, and its programmes to empower and protect workers in its supply chain.

Fibre2Fashion News Desk (JL)

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