New guidance is issued that requires brands and retailers in its ‘Action Cohort’ to report material volumes and set sourcing targets from 2027
LONDON – Textile Exchange has published aggregate target guidance for member brands and retailers in its ‘Action Cohort’, setting out how it intends to measure progress on sourcing materials produced under certified or verified systems.
Under the new guidance, the non-profit will track the combined performance of participating brands and retailers against 2030 and 2035 aggregate targets using Materials Benchmark data. Aggregate results are to be published, but individual companies’ progress against their own targets will not be publicly disclosed.
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