Spotlight: Textile Exchange

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This week we take a close look at Textile Exchange, which aims to drive beneficial outcomes for climate and nature across the fashion, textile, and apparel industry by guiding apparel brands, textile suppliers, and farmers towards more purposeful production from the very start of the supply chain. 

For further details of NGOs and not-for-profits operating in this space, read our recently published Guide to Multistakeholder Initiatives – a 60 page printed guidebook.

Textile Exchange MSI Guide

This week we take a close look at Textile Exchange, which aims to drive beneficial outcomes for climate and nature across the fashion, textile, and apparel industry by guiding apparel brands, textile suppliers, and farmers towards more purposeful production from the very start of the supply chain. 

Looking at its Form 990, Textile Exchange appears to be in solid financial health with a strong surplus in 2024, a rapidly expanding asset base, and no obvious red flags on liquidity or governance. Its growing cost base and reliance on contributions does merit close monitoring, however.

For further details of NGOs and not-for-profits operating in this space, read our recently published Guide to Multistakeholder Initiatives – a 60 page printed guidebook.

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