sustainablebusiness
The fast fashion industry is booming. Consumers are buying 60 per cent more clothes and wearing them for half as long, according to data cited by the UN Environment Programme. Estimates suggest a truckload of abandoned textiles is dumped in landfill or incinerated every second. The UN also highlights that the fashion industry produces between 2 to 8 per cent of global carbon emissions. If nothing changes, it will take a quarter of the world’s carbon budget by 2050. Alongside this, textiles shed microplastics when they are washed, contributing to the pollution in our oceans. The dyeing process ...
Euronews (English)
“We once had a client who said, ‘you can’t be green if you’re in the red.’ I think that’s a really important way to think about things,” said Amy Brachio, Global Vice Chair, Sustainability, at consultancy firm Ernst & Young (EY). How can businesses be both profitable and sustainable?Speaking at the Cannes Lions Festival of Creativity, Brachio told Euronews Business that the idea of creating an economy in which business, people and the planet can all thrive is currently “out of balance” with the reality of today. "When you look at 2024, and what it means, businesses have to deal with a lot toda...
Euronews (English)
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