1. In data: EU Ecodesign approval means ban on destroying unsold apparel.
- Author
-
Husband, Laura
- Subjects
CLOTHING & dress ,QUARTERLY reports ,PERSONALLY identifiable information ,LABOR incentives ,CLOTHING industry ,SUSTAINABILITY - Abstract
The EU has introduced a new ecodesign regulation that includes requirements for apparel products, such as durability, reusability, and reparability, as well as a ban on destroying unsold textiles and footwear. The aim is to encourage the purchase of environmentally friendly products, but small and medium-sized enterprises (SMEs) are not initially included. The regulation also covers rules on substances that inhibit circularity, energy and resource efficiency, and carbon and environmental footprints. The European Parliament and Council reached an agreement on the regulation in December, with the goal of making sustainable products the norm in the EU. However, data from GlobalData suggests that mentions of environmental, social, and governance (ESG) factors in apparel company filings have declined over the past year. [Extracted from the article]
- Published
- 2024