To deliver value in global supply chains by living our values around people, partners and planet.
We strive for the sustainable development that our stakeholders, customers, and community expect. Our ESG strategy is aligned with the United Nations’ Sustainable Development Goals (SDGs) with three key pillars of environment, society, and governance. Our key priorities and commitments are included in the diagram.
Our Approach to ESG
IDENTIFYING ESG PRIORITIES THROUGH AN ANNUAL MATERIALITY ASSESSMENT
Utilizes an annual materiality assessment to reaffirm and evaluate our ESG priorities as perceived by both internal colleagues and external stakeholders. By prioritizing these areas, LF not only responds to stakeholder concerns but also aligns its efforts with its overall ESG strategy. This alignment enhances our ESG practices, boosts overall performance, and fosters sustainable growth and innovation throughout the organization.
IMPLEMENTING ROBUST RISK ASSESSMENT & MANAGEMENT
Water conservation is a high priority at Texloom. The combined effects of population growth, economic development, and climate change have contributed to increasing water stress on a global scale. We are committed to reducing the volume of freshwater taken from the environment, increasing the portion of water being reused within the production units and improving the quality of the wastewater released across the supply chain. We are on track with our water reduction target internally and we are also working with suppliers to reduce the water footprint in our supply chain, especially in tiers utilizing the majority of the water, such as laundry and fabric mills.
TRAINING AND AWARENESS
Training and awareness-raising activities are crucial for advancing ESG implementation within our organization and throughout our supply chains. We utilize our diverse teams across different countries to provide targeted training that takes local nuances into account. This approach ensures that our employees and suppliers clearly understand ESG initiatives and how to apply them effectively in their operations.
To deliver value in global supply chains by living our values around people, partners and planet.
We strive for the sustainable development that our stakeholders, customers, and community expect. Our ESG strategy is aligned with the United Nations’ Sustainable Development Goals (SDGs) with three key pillars of environment, society, and governance. Our key priorities and commitments are included in the diagram.
Our Approach to ESG
IDENTIFYING ESG PRIORITIES THROUGH AN ANNUAL MATERIALITY ASSESSMENT
Utilizes an annual materiality assessment to reaffirm and evaluate our ESG priorities as perceived by both internal colleagues and external stakeholders. By prioritizing these areas, LF not only responds to stakeholder concerns but also aligns its efforts with its overall ESG strategy. This alignment enhances our ESG practices, boosts overall performance, and fosters sustainable growth and innovation throughout the organization.
IMPLEMENTING ROBUST RISK ASSESSMENT & MANAGEMENT
Water conservation is a high priority at Texloom. The combined effects of population growth, economic development, and climate change have contributed to increasing water stress on a global scale. We are committed to reducing the volume of freshwater taken from the environment, increasing the portion of water being reused within the production units and improving the quality of the wastewater released across the supply chain. We are on track with our water reduction target internally and we are also working with suppliers to reduce the water footprint in our supply chain, especially in tiers utilizing the majority of the water, such as laundry and fabric mills.
TRAINING AND AWARENESS
Training and awareness-raising activities are crucial for advancing ESG implementation within our organization and throughout our supply chains. We utilize our diverse teams across different countries to provide targeted training that takes local nuances into account. This approach ensures that our employees and suppliers clearly understand ESG initiatives and how to apply them effectively in their operations.