
Sustainability Index Set To Launch Vol. 889
January 31, 2012
Nearly a year after its announced launch, the Sustainable
Apparel Coalition is on the cusp of releasing its Apparel Index, a
sustainability rating tool designed to help companies understand what's being
used to make their products and the impact of apparel supply chains. Set for a
mid-year release, the Apparel Index will cover sustainability and environmental
factors like materials, packaging, manufacturing processes and transportation.
The Index will likely be modified later this year to account for social and
labor considerations. And, an index rating the sustainability of footwear is
also in the works, the coalition says.
News of the Apparel Index's near-release comes as the
coalition recently appointed its first executive director, Jason Kibbey, the CEO and
co-founder of PACT, a company that makes
organic underwear, socks and shirts. Speaking to www.greenbiz.com, Kibbey said, "I got involved with PACT
partially because I saw the potential to create a different kind of brand that
could ideally change how people thought about buying apparel. I felt like the
coalition was an opportunity to do the same thing."
Since beginning last March, the coalition's member list has
expanded to include a wide range of apparel industry leading brands, such as
Gap, H&M, Nike, Patagonia, and Columbia Sportswear, as well as retailers
like JC Penney, Kohl's, Target and Walmart.
Greenbiz.com reported that the coalition's member list accounts for 30% of
worldwide apparel sales. |