ANNOUNCEMENTS
One of the most polluting businesses in the world, the fashion industry has a detrimental effect on both the environment and society. It makes a significant contribution to greenhouse gas emissions, and clearly having a well-managed business in terms of Environment, Social and Governance aspects can redress this issue. Hence, a good ESG (environmental, social, and governance) practices can aid in minimizing its environmental impacts. However, there isn't currently a dedicated ESG framework for the fashion sector. The primary goal of this research is to determine the important metrics for ESG inclusion in the fashion sector in order to fill this gap. A set of indicators have been identified and have been analyzed thoroughly to assign a ranking in terms of importance to them across the pillars of Environment, Social and Governance dimension. It also examines the processes, elements, and impacts linked to the fashion supply chain. Rankings are given to the identified indicators across the ESG spectrum by means of a Delphi study alongside which an AHP analysis is conducted to draw crucial inferences. Insights from this study can help the fashion industry's businesses implement ESG procedures and work towards a more sustainable future.
Keywords: Fashion industry, apparel industry, ESG, indicators, supply chain, pollution, health hazards, waste.
