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-0.00047490897577966 -0.00142472692733887 -0.00284945385467785 -0.00427418078201672 -0.00902327053981321 -0.0113978154187114 -0.0134557543137566 -0.0171758746240304
Stock impact report

Half Of Fashion’s Materials Now Come From Sustainable Sources, But More Needs To Be Done To Meet Climate Goals [Forbes]

PVH Corp. (PVH) 
Last pvh corp. earnings: 4/1 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pvh.com/investor-relations
Company Research Source: Forbes
Workers manufacture blue jeans in Congshin textile factory in Xintang, Guangdong province, China.... [+](Photo by Lucas Schifres/Getty images)Getty ImagesThe 2021Material Change Insights ReportThe figures, released today, show 50% of materials being used by the 292 participating companies are now organic, recycled or other lower impact options, compared with 44% in 2020.Textile Exchange, a non-profit supporting companies to transition to more responsible materials, who created the report, welcomed the improvement but said that the next step was to move towards ‘dematerialization’ - a reduction in the quantity of materials needed to support the economic functioning of the industry.ADVERTISEMENTThe report highlighted that there are early signs of a few company’s leading the way in this area. The 2021 report shows 68% of companies have reported one or more “circular business-related activity”, although only 30% of participants provided quantitative data. The number of companies reporting Show less Read more
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