Hyosung TNC has joined Textile Exchange as a Partner-level Member to support its Vision 2030 Sustainability Plan. Textile Exchange is a global non-profit focused on driving positive impacts on climate and nature in the fashion industry. By becoming a member, Hyosung aims to participate in LCA projects, roundtables, and engage with other industry leaders to promote responsible fiber and material choices.
Hyosung is focusing on developing sustainable products with lower environmental impact, like it regen Bio-Based Spandex made with renewable resources. They aim to align with Textile Exchange’s goal of reducing emissions from fiber production by 45% by 2030. Simon Whitmarsh-Knight, Hyosung’s new Global Sustainability Director, will lead the company’s involvement in Textile Exchange initiatives to further their sustainability efforts in the textile industry.
Hyosung has become a Textile Exchange Partner-level Member, aiming to provide sustainable solutions to customers and the textile industry. The company’s goals align with Textile Exchange’s mission for a more sustainable future. This membership follows the release of Hyosung Corporation’s 2022 ESG Report, which evaluates the company’s performance in various areas. The reports are conducted by independent organizations to promote transparency.
Hyosung TNC has recently joined Textile Exchange as a Partner-level Member in support of its Vision 2030 Sustainability Plan. By engaging with Textile Exchange’s projects and industry-leading members, Hyosung aims to develop more sustainable products with lower environmental impact, such as it regen Bio-Based Spandex offering.
Hyosung’s membership with Textile Exchange follows the publication of its 2022 ESG Report and 2023 CDP Report, both highlighting the company’s commitment to transparency and environmental reporting. Hyosung received an ‘A’ KCGS 2022 rating and an ‘A-‘ CDP score, demonstrating its strong performance in corporate governance and sustainability initiatives.
