Cotton Australia unveils 5-pillar strategy plan for 2023-2028
21 Sep 23 3 min read
Insights
- Cotton Australia has launched its Strategic Plan for 2023-2028, focusing on enhancing the Australian cotton industry's reliability, demand, and reputation.
- Its five key priorities are advocacy, trust, sustainability, leadership, and governance.
- By 2028, the industry aims to be a globally recognised symbol of sustainability and innovation.
The framework is anchored on enhancing the reliability, demand, and reputation of the Australian cotton industry, according to Cotton Australia's Strategic Plan for 2023-2028.
Under advocacy, the blueprint outlines a policy agenda that includes nurturing relationships with policymakers and understanding and influencing the global landscape to reinforce the position of Australian cotton as a fibre of choice. The goal is to be adept at lobbying and ensuring a continual feedback loop with all stakeholders.
Trust forms the second pillar, with an emphasis on capturing pertinent data and fostering valuable insights to facilitate responsible showcasing of the industry. This involves a commitment to transparency, responsiveness, and accountability, including owning up to mistakes and standing firm against unjust accusations.
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Sustainability is another critical focal point, seeking to break down barriers and foster enablers to certified practices. The plan delineates a roadmap to enhance grower uptake and to streamline the certification process, aiming for a globally recognised impact. The ambitious goal is to have 100 per cent of Australia’s cotton farms sustainability-certified, a move primed to reduce environmental impact and elevate sustainable practices.
Leadership envisions steering research and development in the industry, nurturing grassroot participation and celebrating the achievements in the sector. The strategy outlines a role in fostering next-generation leadership and enhancing education and training avenues, with a keen eye on bolstering biosecurity and stewardship in the industry.
Governance, the final pillar, is geared towards optimising levy payments and building a resilient financial framework that proactively manages risks and aligns resources to fulfil the strategic objectives. Here, the structure of Cotton Australia itself will undergo refinements to align with the overarching strategy, and to ensure a seamless succession plan is in place.
Key performance indicators have been established to gauge the success of the initiative over time, focusing on different facets including championing successful advocacy campaigns, enhancing the industry’s reputation, achieving global recognition for Australian cotton sustainability standards, fostering industry collaboration, and augmenting financial efficiency.
By 2028, the vision is for a thriving and trusted industry, renowned for its reliability, quality, and strong global demand, encouraging investment and meeting global sustainability standards. This strategy, born of collaborative efforts, aims not only to reshape the Australian cotton industry but also to steer it towards being a beacon of sustainability and innovation on the global stage, added the release.
Fibre2Fashion News Desk (NB)
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