Women wear industry is the fastest growing segment in the fashion industry. Global carbon emissions from the fashion industry account for 10% of global emissions, which is more than all international flights and maritime shipping combined, according to the World Bank. Consumers and investors in fashion companies are scrutinizing fashion companies' production pace, labor practices, pollution and biodiversity impacts as well as their impact on global warming. Why is it important to have ESG? The abbreviation ESG stands for environmental, social and corporate governance. It is a measurement that takes into account a company's social and environmental impact on the global community. It brings awareness to the different climate issues that are occurring and encourages businesses to adopt practices and policies that are better for the environment. ESG not only helps businesses by attracting a more diverse workforce to bring in new ideas, but it also helps businesses have a greater positive impact on our world. Read More @ https://astra.grandviewresearch.com/women-wear-industry-esg-outlook