Launch ‘Under the Banyan Tree’
IAF and the International Trade Centre (ITC) hosted a special webinar on October 31, 2024. The webinar officially launched a groundbreaking report introducing the “Shared Risk/Reward” approach to create economic value via process and data innovation. By focus on fashion risk and capital and enhancing supply chain flexibility, this business model improves social, environmental, and business outcomes in all tiers of the supply chain. IAF and ITC believe that apparel manufacturers are uniquely positioned to lead initiatives to generate significant value from upstream operations, practices and metrics that accelerate a more sustainable future for fashion.
‘Under the Banyan Tree’ presents six real-world case studies across product and market segments and their impacts. It emphasizes the link between sustainability and financial productivity with the key insight: ‘Over-production is the obstacle to greater capital investment for sustainability.’