ESG Industry Landscape Report: Apparel & Fashion
The fashion industry is one of the world’s largest industrial polluters, accounting for 10% of annual global carbon emissions—more than all international flights and maritime shipping combined. In addition to that, forced labor is estimated to take place in 25% of the world’s 75 cotton-producing countries, highlighting it as a critical supply chain risk for clothing producers. In this report, Morningstar explores the environmental footprint, forced labor, counterfeiting, and human capital risks associated within the fashion industry.
What's Inside
What's Inside
- A deep dive into the environmental risks of apparel manufacturers and the efforts being made to substitute alternative or recyclable fibers
- A closer look at how labor issues, business ethics, and human capital management continue to plague the fashion industry
- A short list of undervalued stock picks within the fashion space