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Sustainability in Textile Industry: Circular Economy and Resource Management

   

Added on  2022-11-01

14 Pages2434 Words438 Views
Running Head: MANAGEMENT FOR SUSTAINABILITY
MANAGEMENT FOR SUSTAINABILITY
Name of the Student
Name of the University
Author Note:
Sustainability in Textile Industry: Circular Economy and Resource Management_1
MANAGEMENT FOR SUSTAINABILITY1
EXECUTIVE SUMMARY
The purpose of this paper is to provide knowledge of sustainability in the
context of the textile industry. The paper will also demonstrate the
knowledge of the circular economy. To demonstrate the knowledge of
circular economy the paper select six popular agencies of textile industry
namely Gap Inc., H&M, Adidas, M&S, Aditya Birla, and Asos. This paper will
describe the initiatives taken by these six business agencies to maintain
sustainability. Additionally, this paper presents loops of narrow, slow, and
close in the circular economy emphasising the value dimensions with
proper questions.
Sustainability in Textile Industry: Circular Economy and Resource Management_2
MANAGEMENT FOR SUSTAINABILITY2
TABLE OF CONTENTS
INTRODUCTION............................................................................................2
Discussion...................................................................................................2
Resource issues in Gap Inc.......................................................................2
Resource issues of H&M Group................................................................3
Resource issues of Adidas........................................................................3
Resource issues of M&S...........................................................................4
Resource issues of Aditya Birla Fashion and Retail..................................5
Resource issues of ASOS..........................................................................6
Role of Circular Economy in supply chain loops.......................................6
Explanation of Value Dimension with corresponding questions...............7
Value Dimension of Gap Inc.....................................................................7
Conclusion.................................................................................................11
References................................................................................................12
Sustainability in Textile Industry: Circular Economy and Resource Management_3
MANAGEMENT FOR SUSTAINABILITY3
INTRODUCTION
Sustainability is the newly introduced concept in all types of
business agency. This concept is helpful for the business organisation to
increase annual economy. This concept is increasing the business
economy and ensuring prolonged sustainability for the environment
(Bones and Hammersley 2015). However, the circular economy of various
business organisation displays some challenges regarding the resources
in terms of sustainability management. This paper has selected six
business agencies for identifying the difficulties of resources to ensure
sustainability.
Brands Resource Issues How used/manages
Gap Inc. Using cotton as
the primary raw
material that
leads too much
dependence on
the
environmental
resources.
This business
organisation is
concentrating on
artificial fabric
instead of
cotton.
H&M Use of water
resource for
manufacturing
and distribution
purpose.
Aims for cent
percent
adherent to
circular
economy by the
end of the year
2030.
Adidas Claimed to
introduce
higher carbon
footprint in
manufacturing
Instead of
concentrating on
artificial fabric,
they are taking
initiatives to
Sustainability in Textile Industry: Circular Economy and Resource Management_4

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