People, planet, and profit at the Source Summit
written by Charlotte Turner
I recently attended the SOURCE Summit hosted by the Ethical Fashion Forum at the Human Rights Action Centre at Amnesty International HQ, to find out about some of the latest developments in ethical and sustainable fashion. The day was focused around 3D profit, discussing how you can link financial profit with positive social and environmental impact.
“We believe that business is changing, it’s in part due to external pressures but what I find most relevant about the topic today is that there is a real business case to investing in sustainable reform,” Summerly Horning from Tau Investment Management.
After a range of panel discussions and break up sessions discussing topics ranging from accounting to production, the day wrapped up with a panel discussion chaired by Baronness Lola Young of Hornsey about the future of the fashion industry and how it might achieve “3D” success. Dr. Maximilian Martin, founder of Impact Economy and one of the panelists summed it up by saying:
“The textile and garment industry has a role to play, you are innovators and many of you are operating boutique businesses that are working with really interesting ideas about shared products, long value chains, etc. I think many of the things that you’re working on have much more potency to drive wider change than you realize.“