{"id":6552,"date":"2022-09-15T10:59:05","date_gmt":"2022-09-15T03:59:05","guid":{"rendered":"http:\/\/www.phfm.vn\/?p=6552"},"modified":"2025-01-09T11:05:11","modified_gmt":"2025-01-09T04:05:11","slug":"eco-textiles-crucial-future-development","status":"publish","type":"post","link":"https:\/\/www.phfm.vn\/zh\/eco-textiles-crucial-future-development\/","title":{"rendered":"Eco-Textiles \u2013 Crucial Future Development"},"content":{"rendered":"<h1><span style=\"font-size: 150%; color: #000000;\"><strong>1. Motivations for sustainable textiles<\/strong><\/span><\/h1>\n<p><span style=\"color: #000000;\">Sustainable textiles (also known as eco-fashion or eco-textiles) related to designing, producing, marketing, and selling apparel in the most renewable way possible, which embodies the improvement of resource efficiency, expansion of the product\u2019s life span, recycling, phasing out microfiber release, upholding human rights, and environmental protection.<\/span><\/p>\n<p><span style=\"color: #000000;\">Currently, the textiles and apparel industry is highly unsustainable. It is among the most polluting industries in the world. Since fabrics are used in cheap garments, they are produced from synthetic materials that could survive more than 1,000 years in a landfill and contribute 35% to microplastics in the ocean. Most clothing contains at least one type of biodegradable plastic. According to the World Bank, the industry uses 93 billion cubic meters of water annually, which is equivalent to the consumption needs of five million people, while 87% of the total materials input to produce clothing are disposed into the landfill. Moreover, according to Quantis, the textiles industry produces 1.2 billion tons of greenhouse gas emissions every year. It contributes 17-20% to global water pollution and generates about 21 billion tons of garbage annually. It is expected that by 2050, the industry will utilize 25% of the world\u2019s carbon budget.<\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-6553\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Level-in-supply-chain-Textile.png\" alt=\"\" width=\"820\" height=\"687\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Level-in-supply-chain-Textile.png 1558w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Level-in-supply-chain-Textile-768x644.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Level-in-supply-chain-Textile-1536x1288.png 1536w\" sizes=\"(max-width: 820px) 100vw, 820px\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\">The table above, adapted from Bull et al. (2019) Internal report on the Conservation Hierarchy for Kering, S.A., indicates that raw material extraction is the highest risk level on the supply chain for biodiversity impacts because production drives land-use change, which is the greatest direct threat to biodiversity globally. Processing, manufacturing, retailing, and administration also pose indirect risks to biodiversity.<\/span><\/p>\n<p><span style=\"color: #000000;\">To alleviate the devastating impact of textiles and apparel industry on the environment, sustainable textiles are increasingly noticeable. Moreover, there are many drivers for the transition to the green industry worldwide.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>(1)<\/strong>\u00a0Enhanced awareness is one of the key drivers for green transformation. According to Forbes, 88% of consumers\u00a0want brands to help them become more environmentally friendly. According to the survey conducted by Vogue, more than 65% of consumers would pay a premium for eco-friendly products. Additionally, the level of interest for google search \u201csustainable fashion\u201d soared from 2017 to 2019, then maintained a steady high level in 2022. This makes being a sustainable supplier be a selling point. Hence, it would be more favorable for fashion brands to build their reputation, expand market share, and enhance competitive advantages if they have the \u201cgreen\u201d brand awareness.<\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-6554 aligncenter\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/interest-level-on-sustainable-fashion.png\" alt=\"\" width=\"703\" height=\"383\" \/><\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>(2)<\/strong> The organic clothing system would also ease social problems associated with traditional textiles. It ensures fair wages and trade, promotes safe working condition, and pushes sweatshop-free and cruelty-free.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>(3)<\/strong> Eco-fashion is reinforced by many Governments worldwide. The European Commission recently adopted its Strategy for Sustainable and Circular Textiles, which aims that by 2030 (1) all products on the EU market should be recyclable, durable, free of hazardous substances, and made from recycled fibers; (2) Turning away from fast fashion; (3) Re-use and repair services would be widely accessible; (4) Circular clothes become the norm as producers in the value chain have adequate capabilities for recycling and minimal incineration and landfilling.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"font-size: 150%; color: #000000;\"><strong>2. Market for sustainable fashion <\/strong><\/span><\/h1>\n<p><span style=\"color: #000000;\">According to Business Research Company, the global ethical fashion industry is worth over USD 6.35 billion in 2019, with a CAGR (2015-2019) of 8.7%. It is expected to hit USD 8.25 billion in 2023. Furthermore, according to sustainable fashion industry statistics, the industry is expected to grow to USD 9.81 billion in 2025 and USD 15.17 billion in 2030 at a CAGR of 9.1%.<\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-6555 aligncenter\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/market-size-textile.png\" alt=\"\" width=\"614\" height=\"375\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\">The market is divided into types based on fair trade, animal cruelty-free, eco-friendly, and\u00a0charitable\u00a0brands. Recently, the animal cruelty-free segment contributed the largest proportion to the industry \u2013 40%. The eco-friendly products segment is expected to develop the fastest in the future, with a compound annual growth rate of 11.6%.<\/span><\/p>\n<p><span style=\"color: #000000;\">In 2018, the fashion industry joined the UN Climate Action initiative by launching the Fashion Industry Charter for Climate Action (\u201cUNFCCC\u201d). By 2021, 132 brands were joining the charter. Global major brands have taken action to respond to the rising trend of the ethical fashion:<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6556 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/HM-Logo.svg.png\" alt=\"\" width=\"156\" height=\"103\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/HM-Logo.svg.png 2560w, https:\/\/www.phfm.vn\/wp-content\/uploads\/HM-Logo.svg-768x506.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/HM-Logo.svg-1536x1012.png 1536w, https:\/\/www.phfm.vn\/wp-content\/uploads\/HM-Logo.svg-2048x1349.png 2048w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/>H&amp;M:<\/strong> H&amp;M aims to raise the input proportion of source materials from 17.9% of recycled polyester to 30% in the total materials, 63.7% of recycled polyester to 100% from the overall polyester percentage, and 50.7% chrome-free, animal-based leather to 100% from the overall leather percentage started from 2021 to 2025.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6559 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Nike-Logo-1978-present-scaled.jpg\" alt=\"\" width=\"156\" height=\"88\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Nike-Logo-1978-present-scaled.jpg 2560w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Nike-Logo-1978-present-768x432.jpg 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Nike-Logo-1978-present-1536x864.jpg 1536w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Nike-Logo-1978-present-2048x1152.jpg 2048w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/>Nike:<\/strong> Nike aims that 100% of waste diverted from landfills of the company supply chain with at least 80% recycled back into Nike products\u00a0and other goods; 10x the amount of finished products waste refurbished, recycled, or donated; 0.5 million tons of GHGs emissions reduced through increasing the use of environmentally preferred materials to 50% of all key materials.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6560 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Adidas_Logo.svg.png\" alt=\"\" width=\"156\" height=\"105\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Adidas_Logo.svg.png 1000w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Adidas_Logo.svg-768x518.png 768w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/>Adidas:<\/strong> Adidas targets across its supply chain (1) 40% water intensity reduction at Tier 2 supplier facilities; (2) adoption of renewable energy at strategic Tier 1 and Tier 2 supplier facilities to keep emissions flat; (3) 80% of supplier facilities to achieve the highest level of compliance (level 3) with ZDHC \u2018Manufacturing Restricted Substances List\u2019 for 80% of the chemicals used for production.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6561 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/The_Childrens_Place_logo.png\" alt=\"\" width=\"156\" height=\"101\" \/>The Children\u2019s\u00a0<\/strong><strong>Place:<\/strong> The Children\u2019s Place set the target (1) to source 100% of recycled material for the polyester fibers used in pocket bags used in our denim and woven bottoms, woven labels, and zipper tape by the end of 2025, (2) to reduce absolute scope 1 and scope 2 market based GHG emissions across global operations by 30% by the end of 2030.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-6562\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/2560px-Decathlon_Logo.svg.png\" alt=\"\" width=\"156\" height=\"39\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/2560px-Decathlon_Logo.svg.png 2560w, https:\/\/www.phfm.vn\/wp-content\/uploads\/2560px-Decathlon_Logo.svg-768x191.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/2560px-Decathlon_Logo.svg-1536x382.png 1536w, https:\/\/www.phfm.vn\/wp-content\/uploads\/2560px-Decathlon_Logo.svg-2048x510.png 2048w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/>Decathlon:<\/strong> Decathlon commits that 100% of products would follow the eco-design by 2026, which satisfies two requirements: reducing the environmental impact by at least 10% and 70% of product weight made from recycled polyester.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p data-padding=\"10px\"><span style=\"color: #000000;\"><strong style=\"font-size: 14.4px;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-6564\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Eddie-Bauer-Logo.jpg\" alt=\"\" width=\"156\" height=\"88\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Eddie-Bauer-Logo.jpg 1280w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Eddie-Bauer-Logo-768x432.jpg 768w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/><\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Eddie Bauer:<\/strong> Eddie Bauer attempts to achieve 50% of fabrics used in production having BLUESIGN\u00ae approval, 50% of polyester and nylon made from recycled content, and 100% of down and feather be complied with the Responsible Down Standard by 2025.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6577 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Gap-Logo-PNG-2016-\u2013-Now-2.png\" alt=\"\" width=\"156\" height=\"98\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Gap-Logo-PNG-2016-\u2013-Now-2.png 800w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Gap-Logo-PNG-2016-\u2013-Now-2-768x480.png 768w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/>GAP:<\/strong> GAP pursues the goals of 50% recycled polyester by 2025, 100% recycled polyester by 2030, 100% of cotton converted to organic or recycled cotton by 2030, 80% of sourcing allocated to green-rated suppliers, and work toward zero discharge of hazardous chemicals.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6578 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/1029px-UNIQLO_logo.svg.png\" alt=\"\" width=\"156\" height=\"155\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/1029px-UNIQLO_logo.svg.png 1029w, https:\/\/www.phfm.vn\/wp-content\/uploads\/1029px-UNIQLO_logo.svg-768x764.png 768w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/>UNIQLO:<\/strong> Fast Retailing signed Fashion Industry Charter for Climate Action in JAN 2020, supporting the goal of the Paris Agreement to reduce the emission of GHG by 30% by 2030.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6576 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Columbia-Emblem.png\" alt=\"\" width=\"156\" height=\"88\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Columbia-Emblem.png 3840w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Columbia-Emblem-768x432.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Columbia-Emblem-1536x864.png 1536w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Columbia-Emblem-2048x1152.png 2048w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>Columbia Sportswear:<\/strong> The Company aims to reduce manufacturing carbon footprint by 30% in 2030 and conducts a robust improvement plan.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6575 alignleft\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/New_Balance_logo.svg.png\" alt=\"\" width=\"156\" height=\"86\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/New_Balance_logo.svg.png 2560w, https:\/\/www.phfm.vn\/wp-content\/uploads\/New_Balance_logo.svg-768x422.png 768w, https:\/\/www.phfm.vn\/wp-content\/uploads\/New_Balance_logo.svg-1536x845.png 1536w, https:\/\/www.phfm.vn\/wp-content\/uploads\/New_Balance_logo.svg-2048x1126.png 2048w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/>New Balance:<\/strong> New Balance sets the target to source 100% preferred leather and 50% recycled polyester, use 100% renewable electricity for operations, eliminate the use and discharge of hazardous chemicals, achieve zero waste in landfill by 2025, and achieve a 30% reduction in CO2 emissions by 2030.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">The following global certification schemes boost good standards that diminish environmental impacts of operation and manufacturing processes globally.<\/span><\/p>\n<p><span style=\"color: #000000;\"><em>Sustainable production of raw materials:<\/em><\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6566\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Sustainable-production-of-raw-materials.png\" alt=\"\" width=\"623\" height=\"145\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/Sustainable-production-of-raw-materials.png 812w, https:\/\/www.phfm.vn\/wp-content\/uploads\/Sustainable-production-of-raw-materials-768x179.png 768w\" sizes=\"(max-width: 623px) 100vw, 623px\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\"><em>Manufacturing processes:<\/em><\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6567\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/manufacturing-process.png\" alt=\"\" width=\"1272\" height=\"145\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/manufacturing-process.png 1456w, https:\/\/www.phfm.vn\/wp-content\/uploads\/manufacturing-process-768x88.png 768w\" sizes=\"(max-width: 1272px) 100vw, 1272px\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\"><em>Eco-tags on fashion products:<\/em><\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6568\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/eco-tags-on-fashion-producs.png\" alt=\"\" width=\"475\" height=\"145\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"font-size: 150%; color: #000000;\"><strong>3. Greening the textiles industry in Vietnam <\/strong><\/span><\/h1>\n<p><span style=\"color: #000000;\">The Vietnam Textile and Apparel Association (VITAS) has set a goal of &#8220;going green&#8221; with a plan that:<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">a. By 2023, the industry would reduce energy consumption by 15% and water consumption by 20%. By 2030, the industry would become more sustainable with 30 international brands.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">b. Increase the proportion of used recycled polyester fiber to 20% and organic cotton to 15%.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">c. Raise the number of manufacturers achieving and maintaining the HIGG Index, ZDHC, ISO 14001, and other certifications.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">d. Diminish waste via cleaner production method, BATs, and BEPs.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">e. 10% of electricity is derived from renewable sources.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">f. Continuously reduce hazardous chemicals.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">Acts of strong domestic players in working towards the eco-textiles industry are as follows:<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>a. Century Synthetic Fiber Corporation (HSX: STK)<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6582\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/logo-22.png\" alt=\"\" width=\"156\" height=\"98\" srcset=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/logo-22.png 947w, https:\/\/www.phfm.vn\/wp-content\/uploads\/logo-22-768x481.png 768w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\">By 2021, STK has indirectly recycled 3.04 billion waste plastic bottles into recycled fibers, contributing to reducing plastic bottle waste in the ocean. In addition, STK has developed colored yarns using dope-dyed technology, creating an alternative to the traditional dyeing process, helping customers lower clean water consumption by 89%, and diminishing the discharge of wastewater and chemicals into the environment, contributing to achieving the commitments of the ZDHC. Recently, the Company also recycles waste fibers into input PET chips, decreasing environmental emissions. Moreover, STK implements a solar energy project, which curbs a 10% annual carbon footprint and declines 530 thousand tons of CO2 during the project\u2019s operation.<\/span><\/p>\n<p><span style=\"color: #000000;\">STK has integrated Sustainable Development Goals (SDGs) into its daily operations. The Company sets the following goals for sustainable development during the period 2022-2023:<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">(1) Strictly comply with production standards of REACH 168, OEKO-TEX 100, GRS, and standards of brands to protect customers&#8217; health consumer goods.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">(2) Developing more new colors of dope-dyed yarn, which are environmental-friendly.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">(3) Raising the proportion of recycled yarn to 54.3% of the Company&#8217;s total revenue in 2022.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">During the period from 2022 to 2025, STK also set the following targets:<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">(1) Reducing carbon footprint by squeezing electrical energy consumption at the factories.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">(2) Applying AI systems in production, deploying POC software &#8211; production control center in POY and DTY factories, helps to increase production efficiency and reduce waste.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">(3) Application of automation technology in packaging.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">(4) Raising the proportion of recycled yarn to 100% of the Company&#8217;s total revenue in 2025.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p data-line-height=\"xl\" data-padding=\"10px\"><span style=\"color: #000000;\"><strong>b.<\/strong> <strong>Thanh Cong Textile Garment Investment Trading Joint Stock Company (HSX: TCM)<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6584\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/1551761607TC.png\" alt=\"\" width=\"156\" height=\"87\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\">TCM has employed a strong environmental, social-oriented manufacturing process, which makes it stand out as a long-rooted and prestigious player in the industry. Currently, TCM implements and maintains the Environmental management system following the ISO14001-2015 certification by the BSI organization. The company would gradually raise the HIGG Index score every year. In addition, the products of TCM are constantly improving in quality, meeting customer requirements, and complying with OEKO-TEX 100 standards. Furthermore, TCM conducts product quality management according to SQP (Supplier Qualification Program), a standard that measures compliance and promotes business improvement. Moreover, the company is certified with WRAP &#8211; a globally recognized Responsible Manufacturing Certificate which ensures consumers that the company\u2019s products are manufactured ethically and by fairly treated workers. TCM aims to maintain these certifications in the future.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>c. TNG Investment and Trading JSC (HNX: TNG)<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6585\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/1842018101541tng3.jpg\" alt=\"\" width=\"156\" height=\"78\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\">TNG also ensures its manufacturing process is as \u201cgreen\u201d as possible. Like peers, TNG follows and applies GRI for ESG standards. Furthermore, the company qualified for domestic standards on ESG, such as the Certificate of registration of environmental protection plan issued by the People&#8217;s Committee of Thai Nguyen.<\/span><\/p>\n<p><span style=\"color: #000000;\">TNG has successfully replaced plastic bags with paper bags made from recycled paper, artificial down like cotton to replace fleece. Besides, it commits not to use chemicals and materials on the banned list that contain toxic elements above permitted environmental standards according to company procedure no. QTQLCT\/QTQLKL&amp;ATSP.07. In 2020, the company saved 45% of power consumption on the identical product compared to 2019. Moreover, TNG builds a green factory, Vo Nhai, to reduce the GHGs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>d. Song Hong Garment Joint Stock Company (HSX: MSH)<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6586\" src=\"https:\/\/www.phfm.vn\/wp-content\/uploads\/1497932440_logo.png\" alt=\"\" width=\"156\" height=\"81\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\">To minimize adverse environmental impacts, MSH focuses on building and monitoring the production process with strict standards across the operations process, from negotiating with customers and planning input materials, to researching and documenting the technical design for product to minimize the failure rate in production and avoid waste. To gradually take initiatives in the supply of raw materials, the company has invested in and operated a cotton factory with the top modern production line in Vietnam, using all primary raw materials with no impurities or chemicals.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"font-size: 150%; color: #000000;\"><strong>4. Conclusion:<\/strong><\/span><\/h1>\n<p><span style=\"color: #000000;\">The processing of \u201cgreening\u201d the domestic textiles industry is accelerating. Companies who run ahead in this race would be credit suppliers to obtain orders from global brands, enhance competitive advantages, engage more deeply into the world supply chain, and benefit more from FTAs.<\/span>","protected":false},"excerpt":{"rendered":"<p>1. Motivations for sustainable textiles Sustainable tex&#8230;<\/p>\n","protected":false},"author":3,"featured_media":6617,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[103],"tags":[],"_links":{"self":[{"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/posts\/6552"}],"collection":[{"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/comments?post=6552"}],"version-history":[{"count":29,"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/posts\/6552\/revisions"}],"predecessor-version":[{"id":12432,"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/posts\/6552\/revisions\/12432"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/media\/6617"}],"wp:attachment":[{"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/media?parent=6552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/categories?post=6552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.phfm.vn\/zh\/wp-json\/wp\/v2\/tags?post=6552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}