MILAN - The National Chamber of Italian Fashion (CNMI) has linked up with the Ethical Fashion Initiative (EFI) to launch an environmental, social and governance (ESG) due diligence and sustainability reporting framework for the fashion industry.
The framework enables stakeholders to access a system aimed at spotting, eliminating and mitigating environmental, social, and corporate governance risks throughout the supply chain.
Simone Cipriani, head and founder of the Ethical Fashion Initiative, said: “An ESG due diligence and corporate sustainability reporting approach allows the fashion industry to talk sustainability consistently and transparently. It also enables investors and consumers to make informed decisions.”
