Canopy Hot Button Report positive on supply chain transformation

Core Insights - The report highlights a significant transformation in the fashion sector, with a rise from zero low-risk Green Shirt producers in 2016 to 21 in 2025, and an increase in commercial-scale Next Gen fibre lines from none to 16 [1][2] Group 1: Industry Progress - The 2025 Hot Button Report analyzes the efforts of MMCF producers to reduce sourcing from ancient and endangered forests while promoting low-carbon, circular Next Gen alternatives, covering 98% of global MMCF production [2] - Nearly 70% of producers have achieved Green, Partial Dark Green, or Dark Green status, a notable improvement from nine years ago, with Lenzing and Tangshan Sanyou leading the rankings [3] - The proportion of Green Shirt-rated production has increased to 54% by 2025, with contributions from 30 global MMCF producers, including two new entrants [4] Group 2: Key Developments - The report indicates that 16 Next Generation MMCF product lines are now commercially available, reflecting growth compared to the previous year [6] - Tangshan Sanyou has developed a new type of Next Generation lyocell, while Xinxiang Chemical Fiber has opened a facility in China utilizing juncao grass for MMCF production [6] - Initiatives such as Circulose Forward and Circ Fiber Club have been launched to foster cooperation throughout the supply chain, alongside increased testing and use of Circulose and Circ Next Generation fibres [6]