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Navigating ESG

Fabienne de Blois, Ali Yusuf 5 October 2021
5 October 2021    Fabienne de Blois, Ali Yusuf

Close to the Skin: How Can Fashion Brands Stay Alert to Risks on the Production Line?

The world is scrutinising the fashion industry like never before. Fashion brands can embrace these challenges and take meaningful steps to improve outcomes for workers on the production line.

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ESG is now a core part of any business. Whether investing, managing a supply chain or examining internal processes, companies must show they take ESG seriously.Labour rights concerns are nothing new, not least on fashion production lines. However, the past decade has seen these concerns surface as board-level priorities for high street and boutique fashion brands alike.

Today, the reputational implications of global connectivity, media attention and class-action legal challenges mean that brands must be able to demonstrate to their shareholders, employees and global customer bases that they understand, and can intelligently engage with, the challenges posed by their production lines.

Pressure for brands to rise to this challenge is diffuse and diverse, with actors ranging from ESG-conscious investors to stakeholders within the fashion industry itself, and, of course, consumers.

In this article, we explore how fashion brands can maintain and nurture their brand positioning by embracing these challenges and showing that, rather than side-stepping or over-simplifying the risks, they are taking meaningful steps to improve outcomes for workers on the production line.  

 

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To discuss this article or other industry developments, please reach out to one of our experts.

Fabienne de Blois
Fabienne de blois Associate Director Email Fabienne
Ali Yusuf
Ali yusuf Analyst Email Ali

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