Sustainability
How fashion can do better for people and the planet.
Highlights

With purchasing practices that undercut the cost of production, big brands are shortchanging workers and undermining their own commitments to operate more responsibly, according to a new study.



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THE NEWS IN BRIEF

The European Union started work on setting its 2040 climate goals, signaling future policies would require greener consumer lifestyles and more effort from businesses across the economy to meet climate neutrality by the middle of the century.



Last week, the French luxury group set a target to nearly halve its greenhouse gas emissions by 2035, for the first time setting absolute targets that would require it to decouple sales growth from environmental impact. 2022 proved how challenging this may be.


The European Commission proposed rules on Wednesday that would require companies in Europe to back up climate-friendly claims about their products with evidence.





Tulipshare, a London-based platform representing investors’ interests on social and environmental causes, sent a letter to Nike’s board of directors Monday reiterating calls for improved transparency and respect for human rights in its supply chain and expressing “grave concern” for the sportswear giant’s lack of response to previous outreach attempts.