Due Diligence news and archive

European Parliament approves draft law to improve environmental, social practices of supply chains

The European Parliament has voted in favour of a draft law to ensure large companies crack down on suppliers not following certain rules in terms of their social and environmental practices. The Corporate Sustainability Due Diligence Directive (CSDDD) addresses areas including child labour, slavery, labour exploitation, pollution, environmental...

FashionPress Release

Global Fashion Summit: STTI Calls for Responsible Purchasing Practices and Global Standardisation on Due Diligence

STTI spokesperson and Vice President BGMEA Miran Ali called for a globally standardised approach to due diligence at the prestigious Global Fashion Summit last week. Mr Ali was speaking at a panel focusing on the upcoming due diligence legislation, led by OECD due diligence head Tyler Gillard, alongside Maxine Bedat, founder and director of New...

Business |BACKGROUND Featured

Game changing legislations looming over the apparel and footwear industry

In 2020 the EU Commission has launched a Circular Economy Action plan1, aiming at making sustainable products the norm in the EU, support the 2050 carbon neutrality target of the EU, and to push for sustainable growth. The textile sector has been singled out by the EU commission, together with four others, as one with the highest environmental...