MAJOR CLOTHING COMPANIES FACE GLOBAL COUNTDOWN TO FORMAL SUSTAINABILTY REPORTING STANDARDS

Clothing and textile companies are facing a major change in how they report their performance in future, with international and national initiatives pushing them to generate and declare data on their social and environmental performance. Draft mandatory requirements are being consulted upon in the European Union (EU) and the United States, with optional reporting rules being developed by an International Sustainability Standards Board (ISSB). Speaking to Just Style, Hilde Blomme, the deputy CEO of European accounting association Accountancy Europe explained how ...


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