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Tuesday 2 June 2020

Field Notes: Textile Exchange Asks: ‘Where Are We Now?’

Global nonprofit organization Textile Exchange released a new report that analyzes the textile industry’s progress in the adoption and use of sustainable materials and spells out a potential vision for post-COVID 19 materials strategies. Its Material Change Insights Report draws on exclusive data provided through Textile Exchange’s Corporate Fiber & Materials Benchmark (CFMB) program, which is the largest peer-to-peer comparison initiative in the textiles sector with more than 170 voluntary brand participants, the organization said. Its CFMB program “fills a necessary industry gap by rigorously analyzing self-reported company data to track the materials sourcing progress of individual companies as well as the industry at large,” they noted. The data paints an industry that is shifting to “preferred materials” (or environmentally and socially preferred fibers and materials, such as organic cotton, biosynthetics or recycled polyester), as well as actively aligning with global efforts, such as the Sustainable Development Goals (SDGs), in addition to transitioning to a circular economy, Textile Exchange said. Its research builds on the organization’s Material Change Index (MCI), a collection of indices that tracks individual company progress published earlier this year. Liesl Truscott, Textile Exchange European and Materials strategy director, who leads the program, said that “Amidst tragedy and chaos, the COVID-19 pandemic

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