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The Enduring Business Case for Sustainability
Yahoo Finance· 2025-09-30 20:15
Core Insights - The fashion industry is facing significant challenges due to geopolitical turbulence, tariff issues, and economic uncertainty, leading to a potential sustainability retreat [1] - The Corporate Sustainability Due Diligence Directive (CSDDD) in the European Union is a focal point for discussions on worker rights and brand accountability [2] - There are concerns that if the CSDDD is significantly weakened, it could undermine supply chain accountability across the industry [3] - Despite pessimism regarding labor rights and sustainability if the CSDDD fails, there is some optimism that a minimum standard for risk analysis may still be established [4] - Companies like MAS Holdings emphasize the need for long-term vision and innovation amidst extreme price pressures on suppliers operating on low margins [4] - In volatile times, companies are tested, and leaders must maintain a long-term vision while making difficult choices about investments and initiatives [5] - Companies may need to prioritize essential areas, such as energy, over other initiatives like biodiversity restoration due to current pressures [5]