As part of the footwear industry, design, manufacturing, wholesale, and retailing take place. To source and manufacture, the sector uses large, global supply chains primarily in developing countries in Asia, Africa, and Central America. Therefore, its impact on the environment will ultimately be greater and cannot be ignored. During the first and last step in the manufacturing life cycle of a shoe, many chemicals, toxins, and fossil fuels are produced and leaked into the environment.
Why is it important to have ESG?
The abbreviation ESG stands for environmental, social and corporate governance. It is a measurement that takes into account a company's social and environmental impact on the global community. It brings awareness to the different climate issues that are occurring and encourages businesses to adopt practices and policies that are better for the environment. ESG not only helps businesses by attracting a more diverse workforce to bring in new ideas, but it also helps businesses have a greater positive impact on our world.
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