LONDON – The fashion industry still has a long way to go to address inequality and the climate crisis, according to the latest Fashion Transparency Index from the Fashion Revolution initiative.
For the first time since it was first published in 2017, two out of 250 major fashion brands scored 80% or higher but the average score was just 26% in the 2023 report, only 2% up on last year.
The overwhelming majority – 99% – of major fashion brands still did not disclose the number of workers in their supply chains being paid a living wage – and only 18% disclosed how much executive pay was tied to sustainability targets.
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