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Fair Wear, Green Button team to scale responsible business in fashion
Yahoo Financeยท 2025-09-16 11:04
Core Insights - Fair Wear and Green Button have signed a Joint Declaration of Intent to enhance Human Rights and Environmental Due Diligence (HREDD) by combining their expertise to assist companies in translating commitments into actionable benefits for workers and the environment [1] Group 1: Collaboration Objectives - The partnership aims to make due diligence practical and accessible for more brands, providing clearer pathways for embedding responsible practices into operations [2] - The collaboration is timely as the textile sector faces evolving mandatory due diligence laws, necessitating reliable guidance for companies [2] - The partnership will focus on three key areas to support effective implementation of HREDD [2] Group 2: Initial Benefits - Green Button companies now have access to Fair Wear's grievance mechanism and due diligence Academy, enhancing their operational capabilities [3] - The organizations are working together on the Green Button's standard revision process and advancing environmental due diligence topics for Fair Wear members [3] Group 3: Responsible Purchasing Practices (RPP) Working Group - The RPP Working Group, including Fair Wear and Solidaridad, has introduced a practical human rights due diligence tool aimed at promoting responsible purchasing among fashion brands [4] - The tool addresses high-risk areas such as production planning, payment and contract terms, and costing, providing a common basis for accountability assessments [5] Group 4: Standard Harmonization and Implementation - The partnership focuses on harmonizing standards to reduce complexity for businesses while maintaining ambition and impact [6] - Joint tools and aligned brand guidance will be co-created to facilitate step-by-step implementation of HREDD [6] - The collaboration aims to strengthen accountability measures to assess and communicate the effectiveness of corporate due diligence efforts [6]