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