ESG

'Boohoo's risks are already factored in': Fashion on the wrong side of ESG

‘Boohoo’s risks are already factored in’: Fashion on the wrong side of ESG

British fashion retailers are being investigated by government watchdog group Competition and Markets Authority over whether its eco-claims have been exaggerated. Asda was also named in the investigation and the CMA said it would not hesitate to take legal action against the chain if necessary. All three companies claimed to have clear sustainability guidelines and …

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Fast fashion

The fashion world’s lingering headache with human rights and carbon

Environmental and human rights concerns remain a risk for the fashion and apparel industry. However, in recent times producers have generally managed these risks well, for example by securing alternative sources of supply. Most companies, with the exception of fast fashion brands, are assigned a low ESG risk rating by Sustainalytics (the threshold for a …

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