A New Piece of Legislation Could Make New York a Leader in Sustainable Fashion

0

“Right now, companies are uncompetitive if they do the right thing,” Maxine Bédat, the founder of the New Standard Institute, explained on a call earlier this week. “That is not a framework for success. By making these regulations the floor of doing business, every company will have to comply, and every company will have to do the right thing. Of course, they can go above and beyond that and show leadership in other ways, too.”

Will executives and designers balk at these requirements after decades of little government oversight? A few might. But Bédat described the bill as inherently pro-business in that it levels the playing field. Stella McCartney is the first designer to endorse the act, and many of her peers have spoken about the need for better regulation and incentives. “We expect the industry will get on board with this because they’ve spoken about how much they care about sustainability,” Bédat says. “It’s really going to make things clear whether the industry is all talk, or if it’s really ready for action.”

While the bill is being introduced in New York state, New York City’s significant market size will effectively require brands around the world to comply. Bédat compared the rollout to the fuel efficiency standards California passed a few years ago, which spurred a chain reaction for automakers around the world and boosted the opportunities for electric car companies like Tesla. “It’s a really apt parallel, because like fashion, Tesla is sexy and of the future,” Bédat adds. “We need to make sure we’re making clothing for the future and business models of the future—not just talking about it.”

Similarly, it was last March when McCartney pointed out the United Kingdom’s 2030 ban on fossil fuel vehicles, arguing that it will accelerate the nation’s switch to electric cars and green energy. The fashion equivalent, McCartney posits, would be introducing tax incentives that encourage brands to use faux leather; at present, those materials are often met with a higher import tax than animal leather. “There need to be policy changes. It isn’t just about the physical product, it’s about working hand-in-hand with people who can safeguard this for the future,” she said.

Legislation can take years, but Bédat is hopeful the bill will be passed by the end of the 2022 legislative session in June. Today kicks off the campaign. Over the next six months, we’ll be watching to see which brands and industry players throw their support behind it. “We talk about innovation all the time in fashion,” she says, “but this is the kind of regulatory innovation that could advance the work that needs to be done and the collaboration that needs to happen.”

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Fashion News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment