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Stock impact report

H&M, Boohoo to face UK probe over fast fashion footprint [Yahoo! Finance]

ASSOCIATED BRI/F UNSP/ADR (ASBFY) 
NASDAQ:AMEX Investor Relations: abf.co.uk/investorrelations
Company Research Source: Yahoo! Finance
The committee is expected to grill the retailers on the concrete steps each have taken to reduce their environmental impacts since the 2019 " Fixing fashion: clothing consumption and sustainability " report. During Wednesday's session MPs are likely to probe head of public affairs at H&M Marcus Hartmann and Boohoo's responsible sourcing director on issues including overproduction, textile waste and their use of sustainable materials. According to research by the Hot or Cool Institute think tank, the UK has the fourth highest carbon footprint from fashion among G20 nations. The rise of resale platforms such as Thrift+ and their impact on clothing consumption habits is also on the agenda, with the Committee set to examine whether such platforms increase or reduce over-consuming fashion. H&M and Boohoo did not respond to Just Style's request for a comment at the time of going to press. https://twitter.com/CommonsEAC/status/1783760423067464182 Background behind EAC's report i Show less Read more
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