Navigating the Proposed New York Fashion Act

New York’s Fashion Sustainability and Social Accountability Act (“Fashion Act”), currently under consideration in the state assembly, would be the first of its kind to impose sustainability-related obligations on the biggest brands in fashion. 

Under the proposed bill, apparel and footwear companies that generate $100 million in global revenue and conduct business in New York must map at least 50 percent of their end-to-end supply chains. Additionally, brands must publish environmental and social sustainability reports, disclose the annual volume of material produced, broken down by type, such as polyester, leather or cotton, as well as median worker pay as measured against local minimum and living wages. 

A Potential Standard Setter for Fashion Supply Chains

If organizations fail to comply, a fine of up to two percent of their annual global revenue could be imposed. With its vast global implications, the bill encourages international fashion brands to take advantage of end-to-end supply chain mapping.

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