We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Oct 21, 20203:22pm

Inditex to bring sustainability to the board with an specific commission

The group has created a specific group of work within the management board to follow the strategy in sustainability, monitoring the supply chain, and narrowing the relation with all the groups of interest.

Jun 12, 2019 — 9:55am
MDS
Related topics
Save

Inditex to bring sustainability to the board with an specific commission

 

Inditex brings sustainability to the board. The fashion distribution company has created the sustainability commission in the management board. This body will be responsible of making a tracking of group’s policies in this sense, besides supervising the monitoring of all the supply chain.  

 

Sustainability commission will also be responsible for maintaining the relation with the different groups of interest in sustainability issues, as well as with the social council. This body will also verify the compliance of health and securities standards and the human rights policy in the whole supply chain, among other actions.

 

In the last few months, the president of the group, Pablo Isla, signed an agreement of 3.5 million euros with the Massachusetts Institute of Technologies (MIT), to promote the investigation in sustainability, including new techniques of recycling. In this sense, the program Closing the loop, of pickup of used clothing items to be recovered, already has 1,440 stores in 25 markets.

 

 

 

 

On the other hand, Inditex has been widening the clothing items labeled with Join Life, that distinguishes the articles fabricated with a minor environmental impact, especially reducing the water consume and the election of recyclable, sustainable and organic raw materials.

 

In the ambit of distribution, the company explains that is continuing to progress to get the complete eco efficiency in 2020 in its stores. Uterqüe’s flagship store in Madrid received the biggest certification Leed Platinum for its optimized water gestion, the energetic saving, and the use of recycled materials in its construction.

 

 Inditex has accelerated again in the first semester. The group has boosted its benefit 10%, up to 734 million euros, while sales have raised 5%, until 5,927 million euros in the first three months of exercise.

 

Advertising
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...