Sustainable Terms of Trade Initiative now covers 11 countries –

The two new member associations are the Apparel Export Promotion Council (AEPC) from India and ECAHT from Egypt. As a result, STTI now brings together apparel industry associations from 11 countries, namely Indonesia, China, Vietnam, Cambodia, Myanmar, Bangladesh, India, Pakistan, Turkey, Egypt and Morocco.
Uniting behind the common goal of improving commercial compliance, the Initiative has published its white paper in September 2021. Now, driven by the push for application in the industry the global working group formally started talks with three major, globally operating organisations representing brands and retailers and that have the improvement of purchasing practices high on their agendas. These are the Sustainable Apparel Coalition (SAC), ACT and the Common Framework for Responsible Purchasing Practices (CFfRPP).
“It is STTI’s goal to make plans of action with these organisations on commercial compliance, or in other words, agree on practical steps to improve purchasing practices between the members of the organisation and the members of STTI. The necessity for this remains without question,” the initiative said in a statement. Participants questioned “how we would contribute to the fairness of the industry if we don’t have fair purchasing practices to begin with.”
“Out of this need it became clear that these groups aim at tangible improvements and prioritise the topic already. The STTI is ensuring that manufacturers globally are participating on an equal level and that their voice is an integral part of this work. Additionally, this reduces the ever-present danger of a fragmented and uncoordinated approach in the apparel and textile industry,” STTI added.
The coming year will see intensive work on impactful actions to improve purchasing practices. STTI’s growth, its work with brands and retailers and the organisations that represent them and its prominent role in the OECD's Annual Forum (on due diligence in the garment and footwear sector) reflects the initiative’s optimism that it is on the right track.
Fibre2Fashion News Desk (RKS)
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