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Textiles and apparel sustainability update, May 2024

Publisher Textiles Intelligence
Published May 01, 2024
Length 26 Pages
SKU # TXI18874304

Description

Textiles and apparel sustainability update, May 2024


Environmental sustainability is of growing importance within the global fibre, textile and apparel industries, and pressures to improve their sustainability credentials have prompted several companies to adapt their business strategies.

This report provides information on the latest business developments in relation to environmental sustainability with a particular focus on: environmental initiatives; investments; joint ventures; legislation; new facilities; and standards.

Furthermore, the report includes information and insight relating to the following innovative brands, initiatives, companies and other organisations: Arvind, Avery Dennison, BASF Venture Capital (BVC), BioFluff, BlockTexx, Carbios, DePoly, Deven Supercriticals, the European Outdoor Group (EOG), H&M Group, Infinited Fiber Company, the International Organization for Standardization (ISO), Nouvelles Fibres Textiles, Panda Biotech, the Race to Zero campaign, Sqim, Texaid, The Footwear Collective, The Microfibre Consortium (TMC), TrusTrace, the US National Science Foundation (NSF), and the Zero Discharge of Hazardous Chemicals (ZDHC) Foundation.

Table of Contents

26 Pages
SUMMARY
ENVIRONMENTAL INITIATIVES
Members of the European Outdoor Group (EOG) have voted to join the Race To Zero campaign by the end of 2024
Several performance apparel and footwear brands have collaborated in the launch of an initiative which will promote circularity in the footwear industry
INVESTMENTS
BASF Venture Capital (BVC) has invested in a polyester recycling company called DePoly
BioFluff has secured US$2.5 mn worth of investment and has launched a plant-based materials brand called Savian
BlockTexx has secured A$7 mn worth of investment to scale up its technology for the chemical recycling of textile waste
Infinited Fiber Company has secured Euro40 mn worth of investment to scale up production of Infinna fibre
Sqim has secured Euro11 mn worth of investment to aid the development of its Ephea brand of artificial leather materials and its Mogu brand of biomaterials
The textile industry in North Carolina is to receive funding of up to US$160 mn over ten years in order to focus on sustainability
TrusTrace has secured US$24 mn worth of investment to drive global expansion
JOINT VENTURES
Arvind, Deven Supercriticals and H&M Group have entered into a partnership agreement to commercialise a waterless dyeing and finishing technology called Suprauno
Avery Dennison and Texaid are to collaborate in tackling the challenges of textile recycling
The Microfibre Consortium (TMC) and the Zero Discharge of Hazardous Chemicals (ZDHC)
Foundation have published a guidance document which is designed to help tackle microfibre shedding in the textile industry
LEGISLATION
A provisional agreement has been reached on the proposed Ecodesign for Sustainable
Products Regulation (ESPR) in the EU
The European Commission has proposed the introduction of mandatory extended producer responsibility (EPR) schemes for textiles in the EU
The European Parliament has adopted a directive which aims to ban greenwashing and improve product labelling
NEW FACILITIES
Carbios has been given the go-ahead to build a plant in France for recycling polyethylene terephthalate (PET)
Nouvelles Fibres Textiles has inaugurated an industrial-scale automatic textile sorting and recycling plant in France
Panda Biotech has completed the construction of a hemp fibre production facility
STANDARDS
The International Organization for Standardization (ISO) has introduced the first ever standard for measuring microplastics generated by the textile industry

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