The organisation has worked closely with a network of member retailers and brands, including H&M Group, Marks & Spencer, Walmart, Target, Bestseller, Gap Inc, and C&A, to ensure that fashion companies can accurately trace and disclose the origin of raw materials, and comply with emerging regulations, Better Cotton said in a press release. Companies are now increasingly expected to verify the origin of the raw materials within their products and leverage improved transparency to address the potential adverse effects of their activities on human rights and the environment.
Traceable Better Cotton will give member retailers and brands confidence that they are sourcing products from a specific country, and establish greater supply chain visibility, enabling them to incorporate insights into their own supply chain due diligence activities.In the coming years, Better Cotton will scale the availability and sourcing granularity of traceable Better Cotton to serve as the foundation for an Impact Marketplace that would compensate farmers for field-level progress; enable country-level Life Cycle Assessments to calculate the environmental impact of Better Cotton in relation to conventional cotton; and provide credible consumer and business-facing claims.Traceable Better Cotton is defined as the ‘physical’ Better Cotton within a cotton-containing product that has been tracked through the supply chain. It differs from Better Cotton’s long-standing Mass Balance Chain of Custody model, which tracks the volume of cotton produced and ensures this never exceeds the volume of cotton sold.Better Cotton launched a Chain of Custody Standard earlier this year, outlining requirements that suppliers wishing to trade traceable cotton must comply with.Using the Better Cotton Platform—operated by the software company ChainPoint—suppliers will log transactional information, culminating in visibility of where Better Cotton has originated from and how much is within a product. Traceability will span the cotton ginning stage right through to the retailer or brand.“Traceability at scale for cotton will drive a seismic shift within our industry’s supply chains. Better Cotton’s traceability solution is poised to help the industry deliver that shiftคำพูดจาก สล็อตเว็บตรง. Never before has transparency been as imperative as it is now to our retail and brand members. We’re grateful to every organisation that has helped shape the development of the Better Cotton Platform and stand committed to its constant improvement,” said Alan McClay, chief executive officer at Better Cotton.“At M&S, 100% of the cotton we source for our clothing comes from more responsible sources, however, across the industry the global supply chain remains particularly complexคำพูดจาก เว็บปั่นสล็อต. Since 2021, we have been proud partners working with Better Cotton to improve the traceability of cotton and we’re delighted to be able to be part of this first-of-its kind solution which will enable us to track our cotton at scale along the supply chain,” said Katharine Beacham, head of materials and sustainability at Marks & Spencer.