All CSR & Sustainability articles – Page 7
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News briefs
Ugg launches classic boot made with regeneratively sourced materials
The Californian lifestyle brand Ugg, which is a division of Deckers Brands, has launched a new Classic Mini Regenerate. The boot, available for adults and children, is made with materials from Atkins Ranch, a ranch cared for with regenerative traditions to help restore soil, encourage wildlife diversity, capture carbon in ...
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News briefs
King Steel, BASF, Otrajet join forces to produce recyclable products
King Steel Machinery, a Taiwanese engineering group producing shoemaking machinery, the German chemical company BASF and the elastomer manufacturer Otrajet have signed a joint development agreement to develop energy-saving processes that allow for manufacturing of 100-percent recyclable products, according to a joint statement. ”Combining expertise in plastic injection machine design, ...
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News briefs
Kodiak introduces new workwear boots using algae-based materials
Kodiak, the 112-year-old Canadian footwear brand, is marching forward while paying tribute to its past with new men’s and women’s workwear boots in its fall 2022 collection. The new collection features Bloom technology, which converts biomaterials like algae into renewable, high-performance replacements for traditional petroleum-based EVA components, continuing Kodiak’s Built ...
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News briefs
Vapesol launches soles made from factory waste of nitril gloves
The Portuguese company Vapesol, which manufactures more than five million pairs of soles yearly (according to its website), has teamed with the nitril glove company Raclac to produce of footwear soles from industrial waste. Raclac claims to be the only manufacturer of nitril examination gloves in Europe. Waste from its ...
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News briefs
NFW Footwear Collective is growing
New Balance and Wolverine Worldwide have joined Natural Fiber Welding’s Footwear Collective, a cooperative platform aiming to reduce the environmental impact of footwear across the value chain. Curect members include Allbirds, Camper, Deckers and Ralph Lauren. Katy O’Brien, senior manager of innovation at New Balance, said: “We have been ...
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Article
Italian shoemakers start using the VCS self-assessment ESG program
VCS (Verified & Certified Steps), a software package allowing the self-assessment of environmental, social and governance (ESG) performances launched by Assocalzaturifici, the Italian footwear association, is currently being tested by three Italian shoemakers. “We chose three companies of different sizes and with different business models” for the pilot tests, explained ...
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Article
Secondhand online marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
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News briefs
Norway wealth fund asks invested firms for net zero by 2050
Norges Bank Investment Management, Norway’s sovereign wealth fund, will ask the over 9,000 companies in its investment portfolio to reach net zero emissions by 2050. ”We set a target of net zero emissions by 2050 at the latest for all companies,” said Carine Smith Ihenacho, chief governance and compliance officer ...
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EU expects to strike a trade deal with Indonesia in 2024
The European Union expects to be able to reach a free trade agreement with Indonesia within two years, despite a trade dispute regarding palm oil and nickel, according the European Commission’s Executive Vice President and Commissioner for Trade, Valdis Dombrovskis. Dombrovskis believes it is possible to reach a comprehensive economic ...
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News briefs
Prada buys a stake in the tannery Superior
Prada has purchased a 43.65 percent stake in Superior, a Tuscan tannery specialized in calfskin processing, for an undisclosed amount. Superior has recently focused its investments on process digitization and a sustainable development plan centered on the circular economy, energy efficiency and water resource protection. According to the terms of ...
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News briefs
EU plans to ban products made with forced labour
The European Commission has proposed to prohibit products made with forced labour on the European Union market. The proposal covers all products, including those made in the EU for domestic consumption and exports, and imported goods, without targeting specific companies or industries. “This comprehensive approach is important because an estimated ...
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News briefs
Amazon in green hydrogen supply deal
Amazon has signed an agreement with Plug Power to supply 10,950 tons per year of green hydrogen for its transportation and building operations, starting in 2025. The move is part of Amazon’s efforts to meet its Climate Pledge commitment to be net-zero carbon across its operations by 2040. Amazon co-founded ...
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News briefs
Lane Eight partners with Carbonfact to lower carbon footprint
Lane Eight, a U.S. performance footwear brand, has partnered with Carbonfact to achieve an assessment of its carbon footprint, which it aims to reduce to net zero by 2030. Lane Eight footwear is made using material such as eucalyptus, provided by Tencel, and algae, thanks to Bloom, as well as ...
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News briefs
Merrell’s ReTread take-back program starts in Europe
Merrell’s sustainability initiative “This Is Home,” launched earlier this year in the U.S. and Canada, has been introduced in Europe. As part of the “This Is Home” initiative, Merrell is rolling out, in partnership with ReCircled, a multinational product take-back and resale program called Merrell ReTread to save ...
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News briefs
Aquafil and Genomatica advance on plant-based nylon-6
Aquafil and Genomatica have been collaborating to produce pilot-scale quantities of plant-based nylon-6 and have announced that they have now successfully completed the first demonstration-scale production runs. This will help determine the final design of future commercial plants and constitutes a step closer to the commercialization of the material. Plant-based ...
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News briefs
Walmart buys 4,500 electric delivery vehicles
Walmart has signed an agreement with Canoo, a U.S. mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. No financial details were released. The vehicles will be used to deliver online orders and will also ...
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News briefs
Farfetch posted a strong increase in sales of sustainable products in 2021
Farfetch experienced 92 percent growth year-over-year in gross merchandise value (GMV) for “conscious products” in 2021, with 7.4 percent of GMV being “conscious,” according to the 2021 ESG Report of the British online fashion retailer. It noted that there was an 84 percent increase of conscious products available on its ...
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News briefs
Veja opens first Berlin store
The French sneaker brand Veja has opened its first store in the German capital. The 100 square meter shop is located in the central and historic district of Berlin Mitte. In addition to the men, women, and kids’ collections, an in-store cobbler will offer to repair and clean footwear produced ...
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News briefs
Decathlon and Intersport install recycling bins
Decathlon and Intersport are setting up bins in their stores in which customers can deposit used sporting goods, textiles excluded, for recycling or other secondary use, according to the French financial paper Les Echos. Both retailers have joined the network of a non-profit organization called Ecologic, and their full system ...
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Article
Saye sees 2022 sales reaching €8m on new model launches
Saye, a fast-growing Barcelona-based company specialized in sustainable footwear, posted sales of €5 million in 2021, up by 80 percent year-over-year, and expects the top line to reach more than €8 million this year. Growth will be supported by the launch of four new models in the coming months compared ...