Our newest podcast episode is now live,
This episode is called ‘Circular World of Fashion’ and the four words we are thinking of this week are,
In the wake of Black Friday and Christmas shopping, we’re offering something a little less finance-focused by looking into the world of eco-friendly fashion. Our Christmas parties might look a little different this year but if you’re still thinking about seasonal outfits or shopping for gifts then we hope this episode will give you something a little different to think about.
Joining us on this episode we have Lynn Wilson who is a circular economy expert and PhD student at the University of Glasgow also we are joined by Natalie Newton, the founder of eco-friendly fashion brand Newt London.
We’re really pleased to have both speakers with us today. Lynn is obviously an expert in circular manufacturing in the fashion industry and the consumer journey, and Natalie is sharing her firsthand experience as a small start-up brand working hard to make her products and business as sustainable as possible.
More than Four Words Glossary
|Circular Economy||A circular economy is a model aimed at eliminating waste and the continual use of resources. These systems promote reuse, sharing, repair, refurbishment, remanufacturing and recycling to create a closed-loop system.You may find this introduction by the Ellen MacArthur Foundation useful:|
|Zero Waste Scotland||Zero Waste Scotland exists to lead Scotland to use products and resources responsibly, focusing on where we can have the greatest impact on climate change.
|Fashion Revolution||The Fashion Revolution Movement was established to change the fashion industry across the globe in order to conserve and restore the environment and put people before growth and profit. Fashion Revolution Week takes place every year on 24th April, the anniversary of the Rana Plaza disaster in Bangladesh.https://www.fashionrevolution.org/|
|Love Your Clothes campaign||Love Your Clothes exists to reduce the impact of clothes on the environment and was launched in 2014 to change the way UK consumers buy, use and dispose of their clothing. The campaign is part of SCAP which is coordinated by WRAP.https://www.loveyourclothes.org.uk/|
|WRAP||The Waste & Resources Action Programme works with governments, businesses and communities to deliver practical solutions to improve resource efficiency and help people and the planet to thrive.http://www.wrap.org.uk/|
|Sustainable Clothing Action Plan||The Sustainable Clothing Action Plan uses collective action to minimise the environmental impact of our clothes through an indsutry-led action plan to reduce carbon, water and waste.http://www.wrap.org.uk/sustainable-textiles/scap|
|GOTS||The Global Organic Textile Standard is recognised as the world’s leading processing standard for textiles made from organic cotton fibres. The focus is not just on sustainable production but also looks at the hold supply chain to regulate the environmental management and social responsibility of producers.https://global-standard.org/|
|BCI||The Better Cotton Initiative is a global non-profit that aims to make global cotton production better for the people who produce it, better for the environment and better for the future.https://bettercotton.org/|
|Ethical Consumer||Ethical consumer is a website and magazine that presents research on the social, ethical and environmental behaviour of over 40,000 companies, brands and products. Founded in 1989 they pioneered the rating system and you can now access over 100 ethical shopping guides and all the detailed underlying information.https://www.ethicalconsumer.org/|
|ASOS’ Circular Range||This is a link to the article referred to by Elliehttps://inews.co.uk/news/analysis/asos-circular-fashion-collection-explained-fast-fashion-665559|
|Newt London’s recycled fabric process||https://www.newtlondon.com/blogs/newt-tales/recycled-plastic-bottles-shirts|
|Newt London’s Corozo Nut Buttons||https://www.newtlondon.com/blogs/newt-tales/natural-corozo-nut-buttons|
|Worn Again||Worn Again are developing circular recycling technology for the textile and clothing industry.https://wornagain.co.uk/|
|Bangladesh & the Covid-19 crisis||https://www.forbes.com/sites/brookerobertsislam/2020/03/30/the-true-cost-of-brands-not-paying-for-orders-during-the-covid-19-crisis/?sh=75ce2ea15ccc|
|Boohoo: fashion giant faces ‘slavery’ investigation||https://www.thetimes.co.uk/article/boohoo-fashion-giant-faces-slavery-investigation-57s3hxcth|
|“It takes just four days for a CEO from one of the top five global fashion brands to earn what a Bangladeshi garment worker will earn in her lifetime.”||https://www.oxfam.org/en/press-releases/richest-1-percent-bagged-82-percent-wealth-created-last-year-poorest-half-humanity|
|Newt London Facemasks||https://www.newtlondon.com/collections/face-masks|
|Hong Kong garment-to-garment recycling machine||The garment-to-garment recycle scheme is a mini-scale production line that recycles post-consumer garments so that they can be used once again.https://www.garment2garment.com/|
If you would like to find out more about how you can invest your money responsibly visit our Responsible Futures page on our website. Alternatively, if you have any questions on your own financial planning or investing responsibly please do not hesitate to contact us via our contact form.