The company has tried to address ESG concerns that have triggered regulatory investigations and fines in several countries, but many of those challenges remain and could weigh it down even after its market debut.
https://www.businessoffashion.com/news/retail/sheins-ipo-wont-mask-its-sustainability-challenges/
Is water in Sweden really 25 times more valuable than water in Mauritania?
https://ssir.org/articles/entry/impact-accounting-has-an-equity-problem
Can measuring and valuing the impact of business on society and the planet lead to a more environmentally and socially oriented style of capitalism? This is the main hope and assertion of corporate environmental and social impact measurement and valuation (IMV), which calls on organizations to measure their positive and negative impacts on their stakeholders and the environment and to subsequently translate them into monetary units. This curated dialog critically examines the components of this concept—environmental and social impact, its measurement, and its monetary valuation—by bringing together leading experts in the field who discuss the opportunities and risks of IMV. The purpose of this article is to place IMV under deep investigation and envision new ways that work with, complement, or replace organizations’ desire for management via quantification and financialization.
https://journals.sagepub.com/doi/10.1177/10564926251330815
Can measuring and valuing the impact of business on society and the planet lead to a more environmentally and socially oriented style of capitalism? This is the main hope and assertion of corporate environmental and social impact measurement and valuation (IMV), which calls on organizations to measure their positive and negative impacts on their stakeholders and the environment and to subsequently translate them into monetary units. This curated dialog critically examines the components of this concept—environmental and social impact, its measurement, and its monetary valuation—by bringing together leading experts in the field who discuss the opportunities and risks of IMV. The purpose of this article is to place IMV under deep investigation and envision new ways that work with, complement, or replace organizations’ desire for management via quantification and financialization.
https://journals.sagepub.com/doi/epub/10.1177/10564926251330815
A backlash against complex and costly new rules is threatening Europe’s pioneering efforts to make the industry operate more responsibly. Failure to address valid criticisms risks undermining the whole endeavour, argues Kenneth P. Pucker.
https://www.businessoffashion.com/opinions/sustainability/europe-regulation-simplification-fashion-sustainability-threat-omnibus/
Big brands are focused on buzzy, marketable ‘solutions’ and face little accountability for failing to deliver on decarbonisation targets, but there are ways to unlock more effective action
https://www.businessoffashion.com/opinions/sustainability/fashion-climate-change-commitments-emissions/
Brands that make products with little concern for environmental and social impact are benefitting from a ‘brown discount,’ undercutting industry efforts to operate more responsibly
https://www.businessoffashion.com/opinions/sustainability/fashion-brown-discount-green-premium-shein/?utm_source=newsletter_dailydigest&utm_medium=email&utm_campaign=Daily_Digest_051124&utm_term=K2KYSC5OSVDMDPYV5ZCG5C3B4U&utm_content=top_story_2_title
Financial and political volatility are having a chilling effect on the industry’s environmental efforts. But failure to act now will bring bigger risks in the future
Want to understand why it’s so hard to cut fashion’s planet-warming emissions? Or why consumers say they care about sustainability, but shop like they don’t? Stop thinking in straight lines, writes Kenneth P. Pucker.
Flooding from torrential rains recently led Vermonters to kayak through the streets of the state capital. A month later, Hawaiians were forced to flee to the ocean to avoid devastating blazes. All the while, toxic smoke from wildfires has imperiled the health of Americans across huge swaths of the country. All these alarming environmental developments hurt economic activity. Yet many political leaders seem preoccupied with banning investors from considering the impacts of the fast-changing environment on business.