Welcome to our first Social Procurement Sector Spotlight, which will be a series of events highlighting social businesses that address important challenges across industries. This first one will be on textiles and fashion, and it will be co-hosted by Fashion for Good.
The textile sector has been going through tremendous changes over the past years. Sustainability is now unavoidable. While most companies are focusing their efforts on managing compliance among their existing suppliers, there is a special opportunity to create value by working with a new type of supplier: social enterprises. Indeed, the social enterprise is a specific type of supplier that is dedicated to social impact by essence. The concept of social procurement represents the unique opportunity for companies to actually drive positive social impact directly through their suppliers' contracts and move from a ‘do not harm’ approach to a ‘do good’ approach, which matches a consumer’s demand for clothes and items that come with a story. Innovation comes in the form of new products, new partnerships, or new business models.
What to expect?
-An industry insight from the perspective of impact accelerators YSB and Fashion for Good
-The outcomes of an exclusive study on social entrepreneurs and impact-oriented enterprises which will showcase their current offers, impact, limitations, as well as development potential
-A chance to be inspired directly from social entrepreneurs in the industry: Cartiera, Sorting for Circularity, Sustify and Rangsutra
-There will be an optional 30 min networking opportunity after the event