{"id":28135,"date":"2021-12-08T00:00:00","date_gmt":"2021-12-07T23:00:00","guid":{"rendered":"https:\/\/migrate.psi-network.de\/2021\/12\/08\/transparency-and-a-closed-circular-economy\/"},"modified":"2022-12-12T15:53:26","modified_gmt":"2022-12-12T14:53:26","slug":"transparency-and-a-closed-circular-economy","status":"publish","type":"post","link":"https:\/\/psi-network.de\/en\/2021\/12\/08\/transparency-and-a-closed-circular-economy\/","title":{"rendered":"\u201cTransparency and a closed circular economy\u201d"},"content":{"rendered":"\n<p>For the 14<sup>th<\/sup> time, the German Sustainability Congress and the subsequent presentation of the German Sustainability Award (DNP) took place in D\u00fcsseldorf on 2<sup>nd<\/sup> and 3<sup>rd<\/sup> December. As an ambassador for a holistic circular economy concept, Mathias Diestelmann, CEO of Brands Fashion, was interviewed during the event on the topic of supply chain and circular economy. Following this, he participated in a podium discussion on \u201cthe Green Button and the supply chain law\u201d.<\/p>\n\n\n\n<p>Whilst political wrangling on the supply chain law was still going on, Brands Fashion, specialist for sustainable corporate workwear, was already laying the groundwork for a sustainable textile industry. With respect to the market, Diestelmann, who himself lived in Bangladesh and China for ten years, emphasised in an interview at the congress: \u201cWe need more regulatory mechanisms and reward principles for pioneers\u201d. As a forerunner in terms of the circular economy, the CEO of the Buchholz-based company was an authentic conversation partner for this topic. \u201cWe are already closing the biological cycle today via the Cradle to Cradle(R) principle and are working on complete take-back systems\u201d, he stated in a conversation with the moderator.<br>At the end of 2020 Brands Fashion won the DNP together with the Indian textile company Sags Apparels in the category Global Corporate Partnerships 2021. Brands Fashion supports this year\u2019s award ceremony for 2022 as lead partner, in order to foster companies that demonstrate commitment to the issue of sustainability.<\/p>\n\n\n\n<p><strong>The signs point to change<\/strong><br><br>It\u2019s also a matter of the heart for Diestelmann to encourage customers and partners to take a sustainable and socially responsible approach, because the textile industry generally doesn\u2019t have the best reputation when it comes to environmental protection and social standards. At the official level, the government-run certification label Green Button, with which companies can voluntarily choose to be certified, as well as the Act on Corporate Due Diligence in Supply Chains as a binding norm both aim to promote adherence to social and ecological standards in supply chains. Diestelmann is a supporter of both measures because it\u2019s good \u201cwhen companies are provided with railings\u201d. Brands Fashion already covers the entire value-added chain \u2013 right through to the source of the raw material \u2013 in its sustainability strategies and certifications.<\/p>\n\n\n\n<p>\u201cThat\u2019s very hard work without a doubt, but absolutely doable\u201d, Diestelmann said at a podium discussion at the DNP congress. \u201cThe supply chain in India, which is completely certified according to the Fairtrade textile standard, can now be taken as a test case and applied to further countries like Bangladesh, in order to push the topic of living wages forward there too\u201d.<br>The German Sustainability Award is sponsored by the Federal Ministry for Economic Cooperation and Development (BMZ) and awarded on Friday, 3<sup>rd<\/sup> December. <a href=\"https:\/\/tf4d0ebe6.emailsys1a.net\/c\/49\/4723297\/5751\/0\/15347237\/113\/472713\/4b297c6ab6.html\">www.brands-fashion.com<\/a> <\/p>\n\n\n\n<p>+++ <\/p>\n\n\n\n<p><em>Photo: As an ambassador for a holistic circular economy concept, Mathias Diestelmann, CEO of Brands Fashion (centre), was interviewed on the topic of supply chain and circular economy and participated in a podium discussion on \u201cthe Green Button and the supply chain law\u201d.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the 14th time, the German Sustainability Congress and the subsequent presentation of the German Sustainability Award (DNP) took place in D\u00fcsseldorf on 2nd and 3rd December. As an ambassador for a holistic circular economy concept, Mathias Diestelmann, CEO of Brands Fashion, was interviewed during the event on the topic of supply chain and circular [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":22945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26,367,368],"tags":[],"class_list":["post-28135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-promotional","category-sustainability","category-textiles"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u201cTransparency and a closed circular economy\u201d - PSI Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/psi-network.de\/en\/2021\/12\/08\/transparency-and-a-closed-circular-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cTransparency and a closed circular economy\u201d - PSI Network\" \/>\n<meta property=\"og:description\" content=\"For the 14th time, the German Sustainability Congress and the subsequent presentation of the German Sustainability Award (DNP) took place in D\u00fcsseldorf on 2nd and 3rd December. 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