The Evolution of Transparency
People, planet, prosperity. Most successful textile and apparel companies these days are thinking about the three interconnected pillars of sustainability in some form or fashion. Many companies are embracing sustainability both for its intrinsic benefits as well as its external value, some are reluctantly complying with regulations and best practices, and a few sustainability skeptics are just hoping this whole thing is a fad. Just like the many other issues society faces these days, people will always disagree about whether sustainability is important and, if it is, how best to achieve it.
However, transparency, a growing aspect of sustainability, may tip the scale. The ongoing explosion of instant access information on traditional communication channels, the internet and social media is driving the rapid evolution of transparency—ready or not. Transparency will be demanded by company stakeholders, regulators, customers and consumers and soon will be the norm rather than the exception to the rule.
For companies eager to share their sustainability stories, transparency is….
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