Textile industry shareholder meetings are too focused on governance, to the exclusion of environmental and social proposals, according to new research by financial think tank Planet Tracker, Under Dressed. Of the 1,198 ESG proposals submitted to the annual shareholder meetings of retailers in the Planet Tracker universe since 2015, 87% were on governance issues whilst social and environmental proposals accounted for just 11% and 2% respectively. The research has found that key industry issues, such as fibre mix are not raised in shareholder meetings. Investigations into the data found no…
Read MoreTextiles industry neglecting E and S of ESG, new research finds
