Sustainability entails addressing our own demands without jeopardizing future generations' ability to meet their own. Environmentalism isn't the only aspect of sustainability. Concerns for biodiversity, economic development and social fairness are important aspects which should not be overlooked too.
Currently, the circular economy concept - which proposes new approaches to achieve a more sustainable economic growth model, is gaining traction around the world. And this is especially so in the textile and electronics industries - where we have observed more companies are striving to align to the latest global sustainability standards.
In addition, green finance is also gaining popularity as financial support are now available for the public, private and NGO sectors to select favorable loans for their sustainable development priorities. All in all, adopting action-oriented sustainable practices to achieve tangible outcomes requires the cooperation of stakeholders at all levels.
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