The comprehensive assessment considers factors such as corporate governance, risk management, climate change mitigation, labour and environmental standards both within the company and with its suppliers, as well as innovation management.
In addition to being again included in the indices, Adidas was ranked best in its industry in the criteria of brand management, information security/cyber security & system availability, environmental policy & management systems, operational eco-efficiency, social reporting and talent attraction & retention.
In the current period of its sustainability strategy, the sporting goods manufacturer is pursuing tangible and measurable targets up to 2020. Key priorities include the use of more sustainable materials for products, tackling water scarcity in manufacturing countries and further improving working conditions in the supply chain. Adidas has not used plastic bags in its own stores since 2016, sources only sustainably produced cotton since 2018 and presented the world's first fully recyclable running shoe this year. From 2024 onwards, only recycled polyester will be used in every product and on every application where a solution exists.
The results of the annual DJSI review were announced by RobecoSAM, a global investment group focused exclusively on sustainability investing, in collaboration with S&P Dow Jones Indices. The DJSI are the longest-running global sustainability benchmarks, a key reference point in sustainability investing for investors and an effective engagement platform for companies which want to adopt sustainable best practices. The annual review of the companies included in the DJSI is based on a thorough analysis of corporate economic, environmental and social performance. (PC)
Fibre2Fashion News Desk – India
| On 21st Apr 2021
Three major luxury names—LVMH, Prada and Cartier, part of...
| On 21st Apr 2021
India's Cabinet chaired by Prime Minister Narendra Modi has given its ...
Circular fashion and textile technology group Infinited Fiber Company ...
Strike a balance between handmade in India and 'Make in India'
The pandemic has reinstated need for organised retail spaces in Tier II...
Tech in fashion industry has hit acceleration button
With the support of the first investors - Finland's Technical Research...
Mumbai-based Forsarees is a socially driven business enterprise, working...
Founded by NIFT graduate <b>Meghavi Suthar </b>in 2017, Kala is an...
Garware Technical Fibres Ltd
Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...
Kevin Young & Tom Lucas
Web Industries is a precision formatter of nonwoven materials used in baby ...
Sameer Sonkusale & Rachel Owyeung
A team at the Tufts University in Massachusetts was recently in news for...
Designer <b>Suman Nathwani</b> talks about her journey of opening a...
Twee In One
Best known for convertible clothing, Indian brand Twee In One by designer...
A Humming Way
A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.
Download Free Report
Rising Opportunities in Technical Textiles Market: 2020-2026
Thank you for showing interest in our free report on 'Rising Opportunities in Technical Textiles Market: 2020-2026'
You will receive an email shortly with a link to download the report and in case if you don't receive our email, you can write back to email@example.com.