Britain's ASOS aims to cut its environmental impact, use more sustainable materials and appoint more diverse corporate leaders, it said on Thursday , joining a growing list of apparel companies setting new ESG targets.
Apparel companies globally are stepping up their focus on ESG as they cater to a growing class of environmentally and socially conscious consumers and investors demand more action from them. ASOS said it would also ensure all of its own-brand products and packaging are made from more sustainable or recycled materials by 2030. It already uses"over 80 per cent recycled material" across mailing and garment bags.
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