Home Framework CNMI and EFI in Italy launch the 2022 ESG Framework and Sustainability Awards

CNMI and EFI in Italy launch the 2022 ESG Framework and Sustainability Awards

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The National Chamber of Italian Fashion (Camera Nazionale della Moda Italiana – CNMI) and Ethical Fashion Institute (EFI), a program of the International Trade Centre, a joint agency of the United Nations and the World Trade Organization, have launched the ESG Due Diligence and Corporate Social Responsibility Reporting Framework for the Fashion Industry and the 2022 Sustainable Fashion Awards.

For the first time, industry members will be assessed using a system derived from the ESG due diligence and reporting framework developed jointly with EFI and CNMI.

Nominees for the awards will be assessed on their environmental, social and governance performance, using the logic of the metrics defined by the ESG framework. The 2022 CNMI Sustainable Fashion Awards will be held on September 25 at the Teatro alla Scala in Milan, Italy. The framework enables stakeholders to access a system that integrates sustainability throughout the supply chain through due diligence processes to identify, eliminate and mitigate ESG risks.

The National Chamber of Italian Fashion (Camera Nazionale della Moda Italiana – CNMI) and the Ethical Fashion Institute, a program of the International Trade Centre, a joint agency of the United Nations and the World Trade Organization, recently launched ESG due diligence and corporate social responsibility. accountability reporting framework for the fashion industry.

The roadmap of this partnership is based on the Sustainable Development Goals, the United Nations Guiding Principles on Business and Human Rights, the Paris Agreement, as well as the restoration of 4 of the 9 planetary borders that humanity has already crossed. At the heart of the roadmap is the need to ensure respect for human rights in all supply chains and full compliance with the fundamental principles of the International Labor Organization on labor law and the environment.

Simone Cipriani, leader and founder of the Ethical Fashion Initiative, said, “With CNMI, we are pioneering sustainability in a transparent way and based on a serious system of performance indicators. The industry will be ready for the next European legislation on corporate reporting with an ESG due diligence system which was co-created with industry We’re running out of time to act seriously on fashionable ESG, and this is the way to go.”

“Today, more than ever, the Camera Nazionale della Moda Italiana feels responsible for playing its role in an institutional way and there is no higher institution than the United Nations to implement and promote sustainability in its broadest sense. It is the visions of the future, not those of the present, which must guide us in a process of awareness and transformation which promises to be exciting, in which, with its complexity and the values ​​that ‘it represents, fashion can be an active sector in which it challenges the world around us and through this it plays an important role. It is in the direction of a new awareness, able to listen to all voices, that the CNMI Sustainable Fashion Awards will become an annual opportunity to check the state of the art and we are proud to collaborate closely with the Ethical Fashion Initiative,” commented Carlo Capasa, president of CNMI.

Fibre2Fashion News Office (HO)