PREMIUM
Fast-fashion is an ethical nightmare
In the first instalment of our premium series on building an ESG (environmental, social and governance) portfolio, we tackle the fashion industry – a sector which has come under heavy criticism for poor ethics in the last few years. Fast-fashion is not good for the environment, but there are plenty of retailers which put ethics first. These are the ones which stand to benefit from shifting demand.
Every second, a lorryload of textile waste ends up in a landfill site. The fashion industry is responsible for 92m tons of rubbish a year and more greenhouse gas emissions than all international flights and maritime shipping combined. Plastic microfibres which end up in the sea after we bin our year-old jumpers which have already gone out of style, kill an estimated 100,000 marine animals every year, while the manufacturing process of cotton garments produces…
Continue reading our content…
Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
- Unlimited access to our market-beating portfolios
- In-depth coverage of many of the world’s great companies
- Unique insights from our top research team
Register FREE for access to limited content.
- Company and markets insights
- Sponsored content
- Podcasts
Previous article Next article
