The Sustainability Pledge

Drivers for Traceability and Transparency Enhancing Traceability and Transparency of Sustainable Value Chains in the Garment and Footwear Industry 1. Drivers || 2. Actors/Enablers Social forces Civil Society Market forces II V III Regulatory forces IV Technological forces UNECE THE SUSTAINABILITY PLEDGE TRACK IT, TRACE IT, WEAR IT! VI Plays an increasing role in demanding greater scrutiny of private sector actors and in driving demand for more sustainable products Consumers • Ready to pay a premium for products with greater transparency Will boycott/punish products and investors with opaque credentials III Industry Aware of reputational risk Strive to be ahead of regulation to reduce compliance risk Sees opportunity in demand growth for sustainable products IV Investors Increasingly shifting their portfolios towards ESG investments Wary of exposure to planetary boundaries and stranded assets Law makers • Responding to civil society demand for greater transparency and traceability Technology New digital and physical technological innovation reduce barriers and costs United for greater traceability, transparency and circularity in the garment and footwear sector

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