CONTRACT & EQUITY
IAF emphasizes the need for a new contract within the supply chain that operates with a greater sense of equity. This includes rebuilding trust and backing new business processes with updated agreements. Through the Sustainable Terms of Trade Initiative (STTI) that IAF co-founded, IAF collaborates with industry associations, GIZ, and Better Buying to improve purchasing practices globally and to ensure that the global manufacturing community is in the driving seat. STTI focuses on four interdependent themes:
- Manufacturer Solutions: Developing infrastructure like model contract clauses and dispute settlement systems.
- Assessment and accountability: Creating a common methodology to assess purchasing practices. Creating Establishing agreements with commitments from buyers and organizations. Collecting and analysing data on purchasing practices.
- Research: Investigating innovative solutions and addressing tough questions within the global fashion ecosystem.
