Under Dressed

Textiles, Shareholder Engagement, Equity

Textile industry shareholder meetings need increased focus on Environmental proposals. Of the 1,198 ESG proposals submitted to the annual shareholder meetings of retailers in the Planet Tracker universe since 2015, only 2% were environmental proposals. Key industry issues, such as fibre mix are not raised in shareholder meetings. Investigations found no proposals which included key terms such as fibre, biodiversity, deforestation and synthetic, suggesting that these crucial topics are being neglected.

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