The Sustainability Agenda is about Practical Steps
Carlo Capasa, President of CNMI, opened the day with remarks on how the sustainability agenda is very much at the heart of CNMI and the fact that this is about practical steps and not just talking.
He also launched a new report on retailers completed with McKinsey Milan, called “Global Sustainability Report: sustainability matters, but does it sell?” and a new roundtable on social and fair wages – starting with a pilot project analysing 40 factories in Italy. The report looks at the economic benefits of sustainability in marketing for department stores following a survey of over 80 department store buyers in more than 25 countries worldwide. The report found that, among consumers, 70% of respondents say they would accept a price increase up to 10% for a sustainable product.
Human rights violations are a danger for investors
Kerry Kennedy, president of Robert F. Kennedy Human Rights – a nonprofit supporting educational curriculum, litigator training, and socially responsible investing – delivered a keynote speech reminding us all about the importance of protecting human rights across the fashion value chain.
She has dedicated her 30-year career to the pursuit of equal justice, the protection of basic rights, and the preservation of the rule of law, with a focus on women’s rights and children’s rights; and quoted the groundbreaking report by NYU Stern on Bangladesh in her speech.
Left: Livia Firth with Arizona Muse. Below: Livia Firth with Auret van Heerden