ESG Importance in Fashion Industry Pushes for Alternatives to Synthetics

ESG Importance in Fashion Industry Pushes for Alternatives to Synthetics

The global shipping crisis and power curtailment in China continues to be risks for the US hide market. Big packer offer lists are expected to be extensive this week while the cattle slaughter remains elevated. Cowhides are of interest and there have been reports of business being concluded at steady price levels. Fed steers are difficult to sell in large volumes unless there are price discounts. Korea, Thailand and Taiwan are the most active buyers in the market at the moment.

ESG Importance in Fashion Industry Pushes for Alternatives to Synthetic

The growing importance of Environmental, Social and Governance (ESG) has forced the $2.4 trillion-a-year fashion 

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 to make changes on the usage of potentially harmful fabrics. Historically, synthetic fibers were considered inexpensive and eco-friendly materials, but recently they have been found be increasingly detrimental to the environment. The usage of these materials gained significant momentum…

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