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The sustainable clothing movement thrown into turmoil

Financial Times LogoFinancial Times1 mo ago

The sustainable clothing movement thrown into turmoil

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But now a decision by officials in Norway has thrown that initiative into crisis, highlighting the growing risks — both reputational and legal — facing companies making green claims.

Razvi conceded that the Higg data had room for improvement, but maintained that the industry-led initiative had played a valuable role by paving the way for regulated standards in this space.“The SAC was born because there wasn’t a harmonised standard that existed,” she said.

But the message from its consumer agency has had a chilling effect on the SAC, which this week said it was suspending its “consumer-facing transparency programme”, and has asked members to remove Higg Index scores from their websites and marketing materials.


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Article Details

Author / Journalist: Tamami Shimizuishi

Category: MarketsFinanceInvesting

Topics: Higg Energy Clothing Claims Sustainability Index Companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 11:00:58

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 10 minutes read

Article Length: 1782 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 20248

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 14h ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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