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The #EUTaxonomy is another vital framework you should understand when running a business in the EU. What is it, and why does it matter? Check out our cheat sheet. #Sustainability #CSRD #ESGReporting

The Competition and Markets Authority (CMA) has released a new guide to help fashion retailers follow the Green Claims Code when making environmental claims. It offers practical advice to help businesses ensure their claims are transparent, accurate, and in line with consumer protection laws 🌍 Check out all the dos and don'ts: https://lnkd.in/ekNYf8js #etOsoFashion #Sustainability #GreenClaims #FashionIndustry #CMA #ConsumerProtection #EnvironmentalCompliance

Fashion companies are under growing pressure from consumers, investors, and regulators to identify and address their ESG impacts. But how can they determine which of these issues are most relevant, or “material”, to them? This article describes efficient ways to identify material topics for fashion companies based on existing requirements and best corporate practices. It features SASB Standards and an approach to Materiality Assessment by the Global Reporting Initiative (GRI). #etOsoFashion #Sustainability #ESG #FashionIndustry #EthicalFashion #FashionBrands #SustainableDevelopment #Reporting #SASB #GRI

Two reasons why fashion brands should care about #CSDDD: 1. Large companies may be subject to its requirements. 2. Smaller companies will need to provide data. Check out our article to learn more: https://lnkd.in/eb7KQDPz #etOsoFashion #Sustainability #ESG #FashionIndustry #EthicalFashion #SustainableBusiness #FashionBrands #SustainableDevelopment #Reporting #CSDDD

Reasons to come to the office: 1. The view... 😍 Who else is in Canary Wharf? Come in for a coffee! #Sustainability #SustainableBusiness #EGS #SustainabilityReporting

A fashion company's approach to disclosing sustainability information largely depends on its size, the market it operates in, and specific regulatory requirements. For large fashion companies in the EU, disclosure under the #CSRD is becoming mandatory. Many CSRD requirements align with existing frameworks like SASB Standards and Global Reporting Initiative (GRI), which are already widely adopted by large fashion companies.   While medium and small fashion brands can also utilise SASB and GRI frameworks, they less commonly use them in practice. Instead, smaller brands more frequently prefer B Corp certification, which not only requires the disclosure of ESG information but also serves as a valuable marketing tool. To learn more, check out our article: https://lnkd.in/eb7KQDPz #etOsoFashion #BCorp #Sustainability #ESG #FashionIndustry #EthicalFashion #SustainableBusiness #CSR #FashionBrands #SustainableDevelopment #Reporting

🌿 The fashion industry contributes to 10% of global emissions and is a significant source of water, waste, and plastic pollution. Many fashion brands depend on low-cost labour in developing countries, where workers—often women and children—may endure exploitative conditions, including low wages, long hours, and unsafe environments. 📊 This reality is putting increasing pressure on fashion companies from stakeholders, including customers, investors, and regulators, to adopt sustainable and ethical practices. 📝 For larger fashion companies, ESG disclosure is not just an option but a requirement. For smaller companies, while not mandatory, producing a sustainability report can build trust with stakeholders and boost competitiveness in an industry that is rapidly moving towards more ethical and transparent practices. 🔍 So, where should fashion companies start? What should they report on regarding sustainability, and how should they select the right reporting framework? Our latest article delves into the reporting practices widely adopted by both large and small fashion companies. #etOsoFashion #Sustainability #ESG #FashionIndustry #EthicalFashion #SustainableBusiness #CSR #Transparency #CorporateResponsibility #FashionBrands #SustainableDevelopment #Reporting

The fashion industry plays a significant role in our daily lives, but it also has a substantial impact on the environment. Here are some eye-opening facts. Join us as we explore the aspects of fashion companies' ESG reporting. More posts are coming soon! #ESG #Sustainability #FashionIndustry #Reporting #SustainableFashion #etOsoFashion

Industries differ, and it's important to assess your performance against your peers. At etOso, we cover 77 industries, and each month, we explore one of them. In September, we'll focus on ESG reporting practices within the fashion industry. Over the coming weeks, we'll share in-depth insights through detailed articles and posts. 👗 Apparel, Accessories & Footwear: Why Report? ▶ Understanding the importance of ESG reporting ▶ Navigating key requirements like #CSRD and #CSDDD for the fashion industry ▶ How to define your reporting needs and choose the right frameworks ▶ Real-life examples: What frameworks are leading companies in the fashion industry using? 🔍 How to Make a Materiality Assessment? ▶ Identifying the most relevant ESG issues for fashion companies ▶ Leveraging frameworks like SASB to guide your assessment ▶ Engaging stakeholders effectively ▶ Material topics chosen by other companies: What can we learn from them? 📊 How to Collect and Report Data ▶ Best practices for data collection and reporting in the fashion industry Stay tuned for our first article coming soon! #ESG #Sustainability #FashionIndustry #Reporting #MaterialityAssessment #SASB #SustainableFashion #ESGReporting

Not all the terms used by sustainability experts are obvious to everyone. That's why, from time to time, we’ll be breaking down the key concepts to make them more accessible. If your colleagues often ask you what certain sustainability terms mean, feel free to share these posts with them! Let's start with the basics: the concept of 1.5ºC. #Sustainability #ClimateChange #ParisAgreement #ESG #EnvironmentalImpact #SustainabilityEducation #etOsoGlossary