Fact Sheet On Collaboration Between Textile Exchange And The Partnership For Sustainable Textiles

MILAN, Italy — October 23, 2018 — Textile Exchange and the Partnership for Sustainable Textiles are joining forces to foster a broader transformation of the industry. Both organizations share the mutual goal of accelerating change towards a more sustainable and responsible textile industry.

The common agenda of Textile Exchange and the Partnership for Sustainable Textiles has a focus on sustainable materials and fibers and comprises respective targets for member organizations.

“The Otto Group is not only a committed member of the Partnership for Sustainable Textiles – representing the business perspective in its steering committee, but also a member and strong supporter of Textile Exchange for many years including being in the governance board.

As we fundamentally believe in the power of mutual recognition and collaboration and see the common goals of both organizations – especially but not limited to the field of sustainable fibers and materials – we highly welcome this partnership.”

Felix Rauer, Manager Corporate Responsibility (Chemical Management Supply Chain), Otto Group, Member of the Board of Textile Exchange

Textile Exchange and the Partnership for Sustainable Textiles will initially collaborate in the following fields:

  • Collaborate on awareness and capacity building measures in cooperation with relevant stakeholders of the garment and textile industry.
  • Promote collective engagement in production countries through sharing of experiences and providing a platform for dialogue between producers, brands and other supply chain actors and relevant organizations.
  • Explore measures aimed at stronger alignment between the parties and harmonization of requirements for businesses.
  • Promote instruments to document and verify sustainability efforts of businesses to create measurable and meaningful change within the industry.

Next steps: Following the signatory event to kick-off the collaboration, Textile Exchange and the Partnership for Sustainable Textiles will together identify areas for concrete projects and deliverables including milestones and goals that will be communicated to each organization’s members.

Posted October 24, 2018

Source: Textile Exchange