Sustainable Finance: A Wake Up Call for Fashion Industry Chiefs The recent report by Global Fashion Agenda (GFA) and Boston Consulting Group has sent a clear signal to chief financial officers in the fashion industry: sustainability is no longer a discretionary cost, but an essential part of the bottom line.
The report surveyed over 30 finance executives and analyzed earnings calls from 150 brands, revealing a sector struggling to integrate sustainability into its core business operations.
While it's encouraging to see CFOs taking ownership of sustainability issues, many brands are still far behind in terms of embedding sustainable practices across their organizations.