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Position paper 11 July 2018

Mass support for sustainability requirements in apparel industry

More and more investors are backing the textile support statement that was drawn up by MN and French investor Mirova.

Institutional investors with assets under management over EUR 3.77 trillion, applaud the efforts of the Dutch Agreement on Sustainable Garments and Textiles, the German Partnership for Sustainable Textiles and the Sustainable Apparel Coalition for a common reporting framework, greater transparency in the textile supply chain and harmonized sustainability requirements that would lead to stronger protection on workers and on the environment throughout the supply chain of the industry.

MN and Mirova believe that the sustainability of the textile, apparel and footwear industry is a global responsibility and as such requires the participation of governments, corporations, and civil society. Therefore, the institutional investors encourage companies to sign the investor support or to contact Louise Kranenburg, advisor Responsible Investment & Governance at MN.