View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
July 15, 2021

Li & Fung in new sourcing pledge

Sourcing giant Li & Fung has committed to protecting the world’s ancient and endangered forests when sourcing paper and viscose.

By Beth Wright

The Hong Kong-based company has partnered with not-for-profit environmental organisation Canopy, joining its CanopyStyle and Pack4Good initiatives, which work to empower supply chains to save forests, and bring alternative, Next Generation Solutions to the mainstream, both in packaging and viscose production.

As such, Li & Fung has committed to keeping irreplaceable forests out of viscose and paper packaging by implementing the use of circular, Next Generation alternatives, and engaging its brand and retail customers to join it in these sustainability efforts.

Li & Fung helps brands and retailers design, source, and deliver a diverse range of products from a network of factories in over 50 production countries. As a convener of the global supply chain, Li & Fung will collaborate with its brand and retail customers to better protect forests through responsible material sourcing and product manufacturing and in the transportation of products.
By leveraging Canopy’s track record of working with global companies to protect endangered forests, this partnership will help strengthen Li & Fung’s sustainability journey in building environmental resilience across global supply chains. Both entities will work together to develop solutions to support industry transformation.
“We understand that building sustainable supply chains cannot be done alone – and so are very pleased to be partnering with Canopy to advance ambitious and tangible solutions for our climate and forests in the apparel and packaging supply chains,” says Deepika Rana, COO at Li & Fung. “We look forward to continuing to meet the demands of a dynamic global retail sector and working with our extensive production network to deepen sustainability efforts and conserve the world’s forests and climate.”
Canopy executive director, Nicole Rycroft, adds: “When a company as pivotal as Li & Fung commits to transform their sourcing to protect the world’s forests and climate, it reverberates through supply chains in all corners of the world. We are delighted to embark on the next stage of our work together in shaping the supply chains of the future.”
Click here to read Just Style’s recent interview with Rycroft who explains what being named a winner of this year’s US$3m Climate Breakthrough Award means.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Style