Inditex cotton certifier says no evidence of Brazil farms breaching standards [Reuters]
SLC AGRICOLA SA S/ADR (SLCJY)
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ir.slcagricola.com.br
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Source: Reuters
Tuesday an independent audit had found no breaches by three Brazilian farms accused by an NGO of deforestation and land-grabbing. The allegations New Tab , opens new tab by Earthsight against Better Cotton had raised concerns for firms such as Inditex (ITX.MC) New Tab , opens new tab and H&M (HMb.ST) New Tab , opens new tab after the NGO said they were using some cotton from the farms, bought through suppliers in Asia, in their products. Report this ad Inditex had asked Geneva-based Better Cotton, the world's largest certifier of more sustainably farmed cotton, for clarity on its certification process and progress on its traceability practices, in response to information received from Earthsight. Fast fashion retailers face pressure from consumers and activists to sell products with less environmental impact. Better Cotton, which was created by companies and several non-profit groups including the World Wildlife Fund, says it aims to support improved practices in areas
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