What The New York Fashion Act Could Mean For The Industry as a Whole - The Gloss Magazine

  • 📰 TheGlossMag
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Earlier this month, the Fashion Sustainability and Social Accountability Act was unveiled, a bill that, if passed, will effectively hold the biggest brands in fashion to account for their role in climate change:

Stella McCartney is the first designer to endorse the New York Fashion act, backing the new bill that proposes disclosure and due diligence requirements for global and local brands operating in the state …was unveiled, a bill that, if passed, will effectively hold the biggest brands in fashion to account for their role in climate change.

The bill notes that such companies should disclose “Environmental and social due diligence policies, processes and outcomes, including significant real or potential adverse environmental and social impacts and disclose targets for prevention and improvement”. This information must also be posted on the retailer’s or manufacturer’s website with a clear and easily understood link to the required information.

At present, the law will only apply to clothing and footwear companies with more than $100 million in annual revenues doing business in New York, so smaller brands who do not meet that figure will not be subject to the same process or scrutinisation.If it sounds like a mouthful, that’s because it is.The New York Times

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines