“Transparency is a key catalyst toward a sustainable fashion industry. With transparent information on how, where and by whom a product was made, customers are empowered to make informed decisions, ensuring that everything they buy is designed, manufactured and handled with responsibility for the people and the environment. The more informed customers become, the more pressure they are able to put on companies to act sustainably.
This is why we decided to bring together the future generation, thought leaders and change makers with tech, sustainability and fashion expertise for a day full of ideation sessions with the aim of presenting scenario solutions for a transparent fashion future. We believe that if we collaborate across the industry and use new technologies such as blockchain and AI, we can push the fashion industry toward becoming fully transparent.
Representatives from various companies and organizations such as Patagonia, Reformation, Nike, Sustainable Apparel Coalition, Studio 189, IBM, The Current, BCG, iCash and Microsoft participated in different workshops and addressed topics such as:
-How we can set a standard and develop clear labels within the industry, so consumers can evaluate and compare garments on the market.
-How to use the data embedded in a product through a digital label with the use of for example blockchain and RFID.
-How to help customers understand the full complexity in all steps of manufacturing a product, and educate them in how they can reduce their environmental impact by taking care of their products.”
-H&M Group
For more Information, please visit:
https://about.hm.com/en/media/news/general-news-2018/HM-group-Transparency-Hack.html