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Search Results for: labor

Burberry secures £300m sustainability linked loan
Luxury fashion brand, Burberry, has refinanced its Revolving Credit Facility to a 300 million pounds (US$410m)Sustainability Linked Loan in collaboration with Lloyds Bank. The facility is related
Research suggests tumble dryers to be a leading source of microfibre air pollution
A study by researchers in Hong Kong titled ‘Microfibers Released into the Air from a Household Tumble Dryer’, has highlighted that tumble dryers are one of the main sources of microfiber
MycoWorks secures US $125 million series C financing
US start-up, MycoWorks, announced a $125 million Series C funding round headed by Prime Movers Lab, with new investors SK Networks and Mirabaud Lifestyle Impact & Innovation Fund, as well as
Spinnova joins the United Nations Global Compact
Spinnova, a manufacturer of sustainable textile materials, has joined the United Nations' Global Compact, the world's largest corporate sustainability initiative. The United Nations Global
ABFRL partners with Germany's GIZ to promote circularity in India
Aditya Birla Fashion and Retail Ltd (ABFRL) has partnered with GIZ (Gesellschaft für Internationale Zusammenarbeit), a German development agency, to promote innovative circular solutions in the
ITC Standards Map recognized US Cotton Trust Protocol
The International Trade Centre has recognized and published the U.S. Cotton Trust Protocol as part of the standard mapping process, providing companies and retailers around the world more options
Spanish firm Pyratex raises EUR600,000
Spanish sustainable fabrics start-up, Pyratex, has raised EUR600,000 (US$680,086) in the second round of fundraising, with Japanese sportswear firm Asics Corporation's investment arm as one of the
Epic Group signs a sustainability-linked trade agreement with HSBC
Garment manufacturing giant, Epic Group, has signed a sustainability-linked trade finance agreement with HSBC, with pricing tied to the company's environmental performance. The funds will be used
Timberland launches ‘Timberloop’ Take-Back Program
Outerwear brand, Timberland, has launched its new Timberloop™ product take-back program which will be available online and in stores across the United States. Consumers are invited to return any
New York weighs strong sustainability regulations for the fashion industry
The US state of New York is considering new legislation that would hold big fashion firms responsible for human rights and sustainability issues in their global supply chains. Footwear and
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