In order to assist set the global agenda on sustainability in fashion, as well as to educate, convene, and promote innovation, Global Fashion Agenda (GFA) and Deloitte Global have formed a strategic Knowledge Collaboration. Through the collaboration, the organisations hope to expedite efforts to improve the sector and foster a change-friendly atmosphere.
There are many sustainability issues facing the fashion and textile industry. Deloitte Global’s dedication to spearheading initiatives to promote sustainable practices in the fashion sector is acknowledged by GFA.
A crucial step in directing the fashion sector towards more sustainable practices is the partnership with Deloitte Global. In order to achieve long-term success, the alliance seeks to assist businesses in redefining their plans, integrating sustainability into their operations, navigating regulatory environments, and quickening their transition.
We really believe that by working together, we can bring about meaningful change and build a more sustainable future for all parties involved, which is why we are so thrilled about this partnership and the beneficial effects it will have on the fashion industry’s transition to sustainability, says Cecilia Dall’ Acqua, Partner, Sustainability, Strategy, Risk & Transactions, Deloitte Spain.
In order to inform and influence change at this critical juncture for our planet, cooperative action supported by reliable and timely research is desperately needed. We are pleased to collaborate with Deloitte to offer resources that will enable the sector to take advantage of the opportunities presented by industrial change and adjust to a more regulated environment, adds Federica Marchionni, Chief Executive Officer, Global Fashion Agenda
In order to help companies develop materiality assessments that meet the requirements of upcoming regulations, such as the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CSDDD), and others, GFA will develop a value chain map and toolkit with input from Deloitte. This will help identify the key environmental, social, and governance (ESG) impacts, risks, and opportunities throughout the value chain. The creation of a strategic plan for the participants to begin their path towards a more sustainable company model should use this as a springboard.
