Sustainable Business Podcast by Innovation Forum podcast

Why suppliers are building a second product: data

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Mobeen Chughtai, group head of ESG and corporate communications at Soorty Enterprises, talks with Innovation Forum's Niamh Campbell at the recent Sustainable Apparel and Textiles Conference USA, in a follow-up to their earlier conversation. Mobeen describes a simulation exercise he ran giving brands, regulators and vendors a supplier's real budget and legislative pressures to work through. They discuss what it revealed including how a 'sustainability premium' is really just an unfunded cost shift. They also talk about how suppliers are now managing a second product that is compliance data, with no shared system to plug into.

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