LONDON – Poor environmental disclosure at a crucial stage of the textiles supply chain is impairing ESG investment in the sector, according to a new report from the Planet Tracker financial think tank.
Entitled ‘Threadbare Data’, the report says that wet processing companies are failing to report on their environmental footprint despite their reliance on water, chemicals and heat to treat and dye fabrics.
Planet Tracker examined the environmental disclosures of 230 wet processors with a combined market cap of US$586 billion, to see how greenhouse gas (GhG) emissions, as well as chemicals, waste and energy management, were being disclosed and priced.
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