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March 1, 2022updated 25 May 2022 2:10pm

Pyratex advances with new ESG certifications

The Spanish innovative textile supplier Pyratex, which turns fibres like bamboo, seaweed or tencel into fabrics, is now GRS, OCS, and GOTS certified, verifying that Pyratex fabrics are responsibly made.

By Fi Forrest

After years of producing with certified partners, these certifications are standards that set conditions concerning recycled information, chain of custody, social and environmental practices, as well as chemical restrictions, says the Spanish start-up.

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Pilar Tejada López, head of brand and communication at Pyratex , told Just Style exclusively that she was excited by the latest development for the company. 

“We’ve always worked with certified partners along our supply chain and we are looking forward to finally being certified ourselves as well. 

We are certain it’s going to increase our opportunities going forward, we’re seeing more and more of the brands we collaborate with wanting to be more responsible and making their environmental impact positive – so we’re seeing an increase in requests for these certifications from all types of brands.” 

To be GRS, OCS and GOTS certified allows Pyratex to make sure the fibre origin and transformation process follow a conscious path. Pyratex also works in partnerships with fashion creators that wish to advance the direction of natural innovation and the use of sustainably sourced fabrics. 

The three new certifications received by Pyratex are: 

  • The Global Recycled Standard (GRS) certifies that materials are recycled and present in the final stages of the product ensuring innovation and responsible processing of the fibres. 
  • The Organic Content Standard (OCS) assures the identity of the organic content is maintained: from the farm to the final product, due to an analysis done during each stage of the supply chain. 
  • The Global Organic Textile Standard (GOTS) is recognised as the world’s leading processing standard for textiles made from organic fibres. Pyratex says that having this certification results in achieving high environmental and social standards along the entire organic textiles supply chain. 

This development comes hot on the heels of the start-up securing EUR600,000 (US$680,086) in a second funding round, with the investment arm of Japanese sportswear firm Asics Corporation among the investors. 

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How can your business build resilience within the ESG space?

ESG is a key theme impacting companies across all sectors globally. It has emerged as the top theme among company filings, with a rising focus on SDG 16 (Peace, Justice, and Strong Institutions) amidst current geopolitical tensions and sustainability-driven investments. Leading sectors with the highest active jobs in this space include aerospace and defense, automotive, banking and payments, construction, and consumer, with many companies actively looking to establish ESG-related expertise. For more information related to company filings and job analytics, as well as key insights across the latest news, deals, and patents, consult our full report. This report will help you to:
  • Identify the top trending themes relevant to ESG across all sectors
  • Monitor investment and innovation landscape in ESG
  • Track key events and social media mentions related to ESG
Download our full report to understand how you can use GlobalData’s trusted insight to develop your business in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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