The fashion industry is estimated to reach 3.14 billion consumers by 2025 and be worth $987 billion in 2022.
With the rise of sustainability in today’s fashion industry, many retailers are ensuring their production systems adhere to various ethical standards.
It is becoming increasingly common for corporations to adopt sustainable supply chain management practices to mitigate social risks, especially when dealing with multi-tier supply chains.
The concept of sustainability encourages the recycling and reusing of materials rather than disposing of them. This coincides with Wikipedia's definition, according to which "Sustainability is defined as a 'way of life that seeks to meet human needs while preserving the Earth’s environment for future generations.”
How can a fashion factory implement sustainable supply chain management?
The first step is to ensure that your business has a strong sustainability policy in place and that all levels of management implement it. This will help create an environment where employees feel valued and supported, so they can take responsibility for their own actions when it comes to reducing waste or improving worker health and safety.
Once you've established this foundation, you can begin implementing initiatives on a local level within each factory location (or "factory house"). These should include things like:
Which compliances are important to the apparel industry?
• Business Social Compliance Initiative- An abbreviation of Business Social Compliance Initiative, BSCI provides the apparel industry with social auditing methodology and reporting will suggest the common code of conduct for multi-supply chain performance. • SA8000- Clothing industry manufacturers that meet all BSCI requirements can apply for the SA8000 social management certification developed by Social Accountability International. The SA8000 certification is based on international standards to improve social sustainability standards for workers and the company. • WRAP- Another necessary certification, Worldwide Responsible Accredited Production (WRAP) showcases individuals’ proof of social compliance in the apparel industry. • The BSCI and WRAP are business-driven initiatives, initiated by industry associations while SA8000 is a multi-stakeholder initiated and developed standard.
The sustainable future of the modern fashion industry
The future of the fashion industry is not only about sustainable practices, but it is also about the consumers. From a global perspective, sustainability has become an essential part of modern fashion production and consumption. Consumers want to know what they are buying and how their clothes are made. They are looking for products that are ethical, fair trade and sustainable in nature as well as affordable prices so they can continue buying them without breaking bank accounts every time they go shopping!
In India too we have seen rapid growth in this sector over the last few years where many brands have started offering eco-friendly options such as organic cotton fabrics or recycled materials that do not involve any harmful chemicals during the production process like dyes used during the printing process etc., which ultimately leads us towards making better use of natural resources like water sources instead of using them up at faster rate than required elsewhere (like plastic bottles).
The Indian fashion industry has a lot of potential to become sustainable. However, it is important to note that this will take time and effort. It’s important for people involved in the industry to understand what sustainability means, how they can contribute towards it and how they can work towards this goal.
The key takeaway from this article is that sustainable fashion requires changes in consumer behaviour as well as an increase in production efficiency.