CFOs in Fashion Industry Urged to Integrate Sustainability into Financial Strategy
A new report by Global Fashion Agenda and Boston Consulting Group highlights the growing financial impact of sustainability in the fashion industry. Climate disruptions are increasing raw material costs, while new regulations could reduce profits for major fashion brands by 4% by 2030. However, the report also notes that 70% of fashion-sector greenhouse gas emissions can be reduced at low cost or with cost savings.
Topics: CFO strategy climate change cost management fashion industry sustainability