BUSINESS LEADERSHIP - The optimist CEO of Lenzing, Stefan Doboczky, weighs in on circular business models, short-termism & watchdogs.
Do you ever wonder how CEOs from some of our industry's most influential companies view the big social and environmental challenges we are facing today and the potential of business and innovation to adequately address these? TENCEL is a sponsor of this podcast series, so Michael took the chance and invited Lenzing's CEO Stefan Doboczky to discuss a wide range of topics in a recent interview. They touch upon Stefan's expectations of business leaders, the economics of sustainability investments, the circular
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Fashion and apparel. It touches nearly everyone. When its at its best, fashion and apparel is not only functional, but also fun, expressive, sexy, and for some businesses, very profitable. But when it is at its worst, fashion and apparel is superficial, exploitative, polluting and extremely wasteful - in other words the essence of unsustainable consumption. And while it is argued that the industry's rapid growth has created employment opportunities for more than 300 million people worldwide, especially for women in poorer countries and those in extreme poverty, many garment workers still struggle to earn enough to pay to meet even their most basic needs. More alarming is the fact that as the industry grows - by 2030 more than 8 billion people will live on the planet, and nearly 5 billion of these will be part of the global middle class - its negative environmental impacts may become unmanageable, potentially undermining its social benefits and contributing to ecosystem degradation on local, regional and global scales.
Who would have thought garments could be so destructive?
The fashion industry must change now, but will we manage in time? Join Mike Schragger, founder of the Sustainable Fashion Academy, as he explores the challenges, incentives and disincentives and emerging solutions needed to rapidly transform the industry. Listen in as he talks with the business leaders, activists, researchers, innovators and entrepreneurs, investors, legislators, consumers and citizens - who are racing against the clock to find solutions that will transform the industry, thus ensuring it truly operates for the benefit of people and the planet.
www.sustainablefashionacademy.org/podcasts/big-closets-small-planet