Sustainable Products & Solutions
Fung Group develops and operates responsible, agile supply chains that meet the demands of the dynamic, global retail sector and address our common sustainability challenges. Convening our customers, business partners and influencing our industry to create sustainable products is essential.
Our initiatives focus on procuring and sourcing higher volumes of sustainable materials, products and packaging in our direct and indirect supply chains, improving the environmental health of our communities, and taking steps to establish circularity initiatives in the supply chain.
GLOBAL FASHION AGENDA (GFA) – CEO AGENDA
Since 2016, Li & Fung has been a founding, Strategic Partner of GFA. Providing leadership insight and a platform for collaboration and joint action, GFA aims to create circular business models of the future. We have been working with Make Fashion Circular to build the evidence base to promote new business models that increase the reuse of clothing, with a focus on scalability.
SALVAGING YARN WITH 22 FACTOR
Our knitwear specialist, Cobalt Fashion, salvaged excess luxury yarns destined for landfill and breathed life into them by creating new garments. The upcycling project launched as a pilot and Cobalt has now turned the concept into the commercial brand, 22 Factor.
Sustainable Apparel Coalition
Our partnership with the SAC provides access to the Higg Index, a suite of tools to assess the sustainability performance of products, brands, and supply chains. We train our global design and production teams to use the Higg Material Sustainability Index (MSI) to make informed sustainability choices to reduce the environmental impact of our products.
INNOVATING FOR CIRCULAR SUPPLY CHAINS
Through our partnership with Forum for the Future’s Circular Leap Asia Initiative, Cobalt Fashion and the Fung Group explored prototypes for a reverse supply chain that could unlock value in returned garments while providing sustainable, recycled fiber in “new” garments. Our ability to drive circular innovation within the upstream supply chain while keeping compliance and performance standards high, will be key to helping our industry achieve ecological balance and resilience. Read the report.
DIGITAL PRODUCT DEVELOPMENT
We use innovative design and careful supplier management to create sustainable fashion. Our digital product development teams help our customers transform how they develop, assort, buy and sell product; reducing waste in every step through eliminating physical samples and making the right design decisions to reduce excess inventory.
SAINT HONORE ECO-CAKE BOXES
To promote environmentally-responsible practices, a multi-functional eco-cake box was created. The cake box is printed with soy ink and embossed with perforated lines that enable the box to be torn apart and used as plates and spoons, avoiding the need for disposable or traditional tableware.