Material Change Index - Leaders Insights

Community Feedback

Corporate Fiber & Materials Benchmark Program: Community Consultation
About Textile Exchange

Textile Exchange is a global non-profit driving positive impact on climate change across the fashion and textile industry. We guide a growing community of brands, manufacturers, and farmers towards more purposeful production from the very start of the supply chain.

Our goal is to help the industry to achieve a 45% reduction in the emissions that come from producing fibers and raw materials by 2030. To get there, we’re keeping our focus holistic and interconnected, accelerating the adoption of practices that improve the state of our water, soil health, and biodiversity too.

Our corporate benchmarking program for fashion and textile companies aims to drive a race to the top in the transition to preferred materials. Since its pilot in 2015, the program has grown to accommodate over 300 companies, and this number increases every year. You can find out more about our corporate benchmarking program and our annual Material Change Index, Impacts Dashboard, and Insights.

Stakeholder consultation

Every three years we do a deep dive into the program to ensure it is futurefit for driving change. An important part of our improvement cycle is to hear from our participants and other stakeholders. This year, we are reaching out to a wider community of initiatives and knowledge-holders to explore opportunities for our benchmark that add even more value and greater impact.

Consultation objectives

We are calling on you and others in our wider community that have knowledge and experience across a range of our benchmark-related areas, from materials and industry sustainability to climate and biodiversity, ESG and impact investing. We want to be sure our benchmark program aligns, complements, and avoids unhelpful duplication with other important initiatives within our community.

Consultation process

Thanks to your feedback via the online form, we can collect a lot of data systematically. We’ll keep your responses confidential, and we’ll share the results back to the benchmarking community in an aggregated and anonymized format.

Please submit your response by Friday 25th February 2022. As always, make sure to get in touch if you have any questions or would like any further information about the process.

Thank you! We highly appreciate you taking the time to share your thoughts with us.

Best wishes

The Corporate Benchmarking Team

Textile Exchange

cfmb@textileexchange.org

About You

Your details are kept confidential, however, they are helpful for us when analyzing the data or contacting you to understand your responses better.
Name

First Name Last Name
Job title
Email
example@example.com
Organisation
Company name
Your areas of interest/expertise

Raw materials Global goals Climate action Biodiversity Circularity Benchmarking / Reporting ESG and investor-grade data Other areas
Please explain “other” or provide any further comments.

Consultation Themes

While considering your responses, please keep in mind that we are seeking input on how these themes relate to our corporate benchmarking activities and how we can improve our products and services. We hope to do this through aligning with and complementing other corporate benchmarks and reporting initiatives, avoiding survey burden and duplication, and using best-practice methodologies to ensure our program is robust, credible, and offers valuable data and insights to participants and their stakeholders.

Themes:
1. Raw materials
2. Global goals
3. Climate action
4. Biodiversity
5. Circularity
6. Benchmarking / Reporting
7. ESG / Investor-grade data
8. Other areas
Please go to the themes/questions that you feel are most applicable for your input, and where you would like to provide feedback. There are 2-3 questions per the theme.

Theme 2: Global Goals

Alignment with global goals feels important for global harmonization and a “north star”. Currently, the CFMB program draws on the UN Global Compact reporting framework to integrate the Sustainable Development Goals (SDGs) into its survey.
Q4. How important is it for Textile Exchange’s corporate benchmark program to align with the UN Global Goals for Sustainable Development?

Very important Important Not important Not sure Other
Please explain “other” or provide further comments.
Please provide information and links to SDG reporting frameworks that you recommend Textile Exchange refer to:
Q5. Which other important global initiatives should Textile Exchange be aligning or collaborating with, to avoid duplication? Please provide information and links to global goals, initiatives, frameworks, etc., that you recommend Textile Exchange refer to or incorporate:
Q6. Is there anything else you would like to tell us about alignment with global goals?

Theme 3: Climate Action

Textile Exchange’s goal is to help the global textile industry achieve a 45% reduction in the emissions that come from producing fibers and raw materials by 2023, over a baseline of emissions calculated in 2019.
Q7. Which important climate initiatives should our benchmark program be aligning or collaborating with, to avoid duplication? Please provide information and links to climate-related reporting frameworks that you recommend Textile Exchange refer to or incorporate:
Q8. Is there anything else you would like to tell us about benchmarking corporate progress in climate action? Please provide any further comments.

Theme 4: Biodiversity

Textile Exchange recently developed a biodiversity benchmark (beta version) to support companies’ mobilization around biodiversity and preparation for meeting science-based targets. The next step is to further integrate biodiversity into the benchmarking cycle.
Q9. Which important biodiversity initiatives should our benchmark program be aligning or collaborating with, to avoid duplication? Please provide information and links to biodiversity goals, initiatives, frameworks, etc., that you recommend Textile Exchange refer to or incorporate:
Q10. Is there anything else you would like to tell us about benchmarking corporate progress in biodiversity action? Please provide any further comments.

Theme 5: Circularity

Textile Exchange follows the Ellen MacArthur Foundation “Make Fashion Circular” guidelines and resource hierarchy to maintain a consistent message and encourage progress tracking against a common set of parameters. Benchmarking criteria and guidelines have been developed in collaboration with EMF.
Q11. What is your advice to Textile Exchange on benchmarking materials circularity and tracking industry progress? Please provide information and links to circularity goals, initiatives, frameworks, etc., that you recommend Textile Exchange refer to or incorporate:
Q12. Is there anything else you would like to tell us about benchmarking corporate progress in creating circular business models? Please provide any further comments.

Theme 6: Benchmarking/ Reporting

During the program review, Textile Exchange is committed to collaborating with other important benchmarking and reporting initiative-owners. We have already identified opportunities - and are working with the Sustainable Apparel Coalition - to find an effective fit with the Higg Brand and Retail Module (Higg BRM).
Q13. Are there any priority benchmarks or reporting framework providers that you would recommend Textile Exchange work with? Please provide information and links to global goals, initiatives, frameworks, etc., that you recommend Textile Exchange refer to or incorporate:
Q14. Is there anything else you would like to tell us about benchmark and/or reporting frameworks? Please provide any further comments.

Theme 7: ESG (Environmental, Social, and Governance) and Investor Grade Data

The ESG (environment, social and governance) agenda is becoming more mainstream within the investment community. Disclosure and reporting on supply chain and sourcing practices will become more important for companies.
Q15. Could Textile Exchange’s benchmark be a useful tool for companies to prepare and align with ESG disclosure requirements? Please provide information and links to initiatives, frameworks that you recommend Textile Exchange refer to or incorporate:
Q16. Is there anything else you would like to tell us about ESG and investor-grade data, particularly when it comes to raw materials and supply chains? Please provide any further comments.

Theme 8: Other Areas

There are many areas and themes we could explore. We would appreciate any further feedback or ideas that you would like to share with us.
Q17. Are there any important areas we have overlooked, or that you would like to bring to the discussion? Please provide your comments here.
Q18. Are there any specific areas that you would like to suggest we could help you with? Please explain “other” or provide further comments.
Should be Empty:

Community Feedback

About You