NEW YORK – Stringent green fashion guidelines have been proposed which would require large fashion retailers selling into New York state to adhere to stringent sustainability standards. Under the proposed regulations, fashion brands selling into New York with a global revenue of at least US$100m would be required to set and achieve Science Based Targets. In addition, they would be mandated to “provide clear, transparent reporting on energy, greenhouse gas emissions, water, plastic, and chemical management,” as well as performing mandatory due diligence to avoid labour abuses in supply chains.
If the bill is passed, failure to meet these requirements could result in a fine of 2 per cent of a brand’s annual revenue.
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