Skip to content
Search AI Powered

Latest Stories

California bill would require large corporations to disclose their greenhouse gas emissions

Four fashion and clothing sector groups support proposed law, saying it would promote environmental sustainability and social responsibility efforts in global supply chains.

AAFA home4.jpeg

A proposed law in California would require large corporations to disclose their greenhouse gas emissions, increasing the pressure on businesses to publicly measure and reduce their carbon footprints.

Four groups in the fashion and clothing sector today announced support for the bill, saying it aligns with their stance unveiled in January on setting standards “to achieve the highest ethical and responsible standards across our global supply chain and production practices.” The groups call their framework the “THREADS Sustainability and Social Responsibility Protocol” and say it will help unite business groups with policymakers in pursuit of environmental sustainability and social responsibility efforts in global supply chains.


In their letter released today, the four groups—the American Apparel & Footwear Association, the Accessories Council, The Council of Fashion Designers of America, and Fashion Makes Change—applauded California's proposed Climate Corporate Data Accountability Act (SB 253), introduced by Senators Scott Wiener, Lena Gonzalez, and Henry Stern.

Specifically, the bill establishes that corporations with more than $1 billion in gross revenues – and that do business in the state of California—must annually and publicly disclose their greenhouse gas (GHG) emissions. 

That regulation would come as several other initiatives would require corporate disclosures of environment, social and governance (ESG) practices, including mandatory reporting rules starting in fiscal year 2024 that will apply to some 50,000 companies doing business in the EU and UK.

Likewise, the federal Securities and Exchange Commission (SEC) has proposed new rules to enhance and standardize climate-related disclosures by publicly traded companies in the U.S., including accounting for greenhouse gas emissions.


 

 

 

 

 

 

Recent

More Stories

chart of robot adoption in factories

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less

Featured

A photo of brown paper packages tied up with shiny red ribbons.

SMEs hopeful ahead of holiday peak

Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.

That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.

Keep ReadingShow less
A retail associate uses a handheld scanner to scan hang tags on button-down shirts.

Retailers plan tech investments to stop theft and loss

Eight in 10 retail associates are concerned about the lack of technology deployed to spot safety threats or criminal activity on the job, according to a report from Zebra Technologies Corp.

That challenge is one of the reasons that fewer shoppers overall are satisfied with their shopping experiences lately, Lincolnshire, Illinois-based Zebra said in its “17th Annual Global Shopper Study.” While 85% of shoppers last year were satisfied with both the in-store and online experiences, only 81% in 2024 are satisfied with the in-store experience and just 79% with online shopping.

Keep ReadingShow less
holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
Mobile robots, drones move beyond the hype

Mobile robots, drones move beyond the hype

Supply chains are poised for accelerated adoption of mobile robots and drones as those technologies mature and companies focus on implementing artificial intelligence (AI) and automation across their logistics operations.

That’s according to data from Gartner’s Hype Cycle for Mobile Robots and Drones, released this week. The report shows that several mobile robotics technologies will mature over the next two to five years, and also identifies breakthrough and rising technologies set to have an impact further out.

Keep ReadingShow less