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PwC in collaboration with EDB and JAAF to organize a webinar on “ESG Towards a responsible future in the clothing industry”


PwC in collaboration with EDB and JAAF to organize a webinar on “ESG Towards a responsible future in the clothing industry”

Monday, May 9, 2022, 9:01 a.m. SL time, ColomboPage News Desk, Sri Lanka.

09 May, Colombo: Environmental, social and governance (ESG) issues and sustainability continue to grow in importance for all businesses, with a more prominent position demanded of certain sectors such as the garment industry.

This growing attention to ESG comes from a variety of stakeholders including fashion retail stores, buyers and buying offices who expect their suppliers to focus on sustainability and responsibility. social, down to end consumers which include younger shoppers such as Millennials and Gen Z who are increasingly adopting an ethical consumer mindset of their fashion brands.

As Sri Lanka’s apparel industry has begun to proactively adapt to this pressing need, the expected growth in this area calls for local companies to improve and further develop their ESG performance across their supply chains. procurement and respective operations. As such, a spotlight is currently being put on apparel companies to ensure their sustainability commitments are genuine. Therefore, apparel companies that want to take a leadership position in the market need to sustain themselves to succeed by rebuilding and further expanding their ESG principles and footprint.

The event will feature a team of industry experts including Moiz H Rehmanjee, Group CFO of Hela Apparel Holdings, Jeremy Prepscius, Managing Director of PwC, Head of Sustainable Supply Chain Asia-Pacific and Sandeep Mohanty , director of PwC Management Consulting for Value Creation through Sustainability (Strategy-led ESG), low-carbon economy and sustainable finance, which will cover many essential topics and hold a concluding panel discussion on sustainability in the apparel industry Sri Lankan.

Sandeep has over 12 years of professional experience at PwC in management consulting, with expertise in value creation through sustainable development, advising a diverse clientele of private companies, funds, financial institutions and public companies, on integrating ESG into business strategy to drive business results.

Jeremy Prepscius, a technical expert in supply chain and sustainability strategy, has deep knowledge of global supply chain practices, issues and intersection with social, environmental and governance issues . As a specialist in delivering sustainable supply chain engagements in the region, he works with clients to integrate ESG into the strategies and supply chains of some of the largest companies in the Asia region and of the world.

Moiz .H. Rehmanjee has held several senior positions in Sri Lanka and overseas in Forbes listed companies. He has a strong understanding of the strategic role finance plays in business and the importance of ethical and sustainable business practices for organizational growth through 20 years of experience in various industries and multinational corporations. Moiz is a member of the Association of Chartered Certified Accountants (FCCA) in the UK, the Institute of Chartered Accountants of Sri Lanka (ACA) and the Chartered Institute Management Accountants (ACMA) – UK

The Chairman and CEO of the Export Development Council, Mr. Suresh De Mel, will deliver the introductory message at the event, while the panel discussion will be moderated by Director Zhara Cader and Head of ESG of PWC Sri Lanka.

During the webinar, speakers will guide companies to find answers by implementing a sustainability program that is integrated into their core business strategy and how to use a reputable ESG framework to report performance in a meaningful way. transparent.

PWC will also guide apparel brands to gain a clear understanding of establishing enterprise-level ESG strategies with quantitative targets to accurately assess performance and set improvement targets and metrics. They will show how to initiate product-level sustainability measures to track, manage and communicate on waste, water, carbon footprints and innovate on next-generation materials and product circularity.

As such, this webinar will comprehensively offer the strategies needed to help the apparel industry pave the way to becoming ethical, sustainable and efficient entities that will contribute to a healthier future for people and the planet.