FINANCE & INNOVATION - Today’s financing models don’t cut it. We need new approaches that are structured in a way to help reduce risk for all parties involved. | Sustainable Fashion Academy

Big Closets Small Planet with Michael Schragger

FINANCE & INNOVATION - Today’s financing models don’t cut it. We need new approaches that are structured in a way to help reduce risk for all parties involved.

Mike had the unique opportunity to sit down with an impact investor and a vertical manufacturer to share their real world views on what it takes to accelerate the uptake of sustainable apparel technologies in the apparel supply chain.

October 16th, 2019 47 minutes 2 seconds
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About this episode

Mike had the unique opportunity to sit down with an impact investor and a vertical manufacturer to share their real world views on what it takes to accelerate the uptake of sustainable apparel technologies in the apparel supply chain. Tanvi Karambelkar, representing the newly launched Good Fashion Fund, introduces the fund’s pioneering approach for providing financing to manufacturers who want to invest in high impact but often disruptive technologies - which are very high risk. Abhishek Bansal, representing Arvind - a vertical manufacturer based in India, describes the challenge of implementing radically new technologies in practice. Listen in as these two experts break down the complexities, share their views on larger industry trends and highlight what needs to happen to transform the industry in the short and longer terms. “The problem with the textile industry is that it is still seen as a niche. But the problems we are solving with our fund are universal…” This is a great learning conversation, if we do say so ourselves! We hope you agree.

 

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We want to know what you think! Send your ideas and opinions to bigclosets@sustainablefashionacademy.org.

 

About the host

Michael Schragger has been working at the intersection between sustainability, business, society and research for more than 25 years. He is an expert in analysing the impacts of environmental and social developments on business and society and mobilising stakeholders to achieve key sustainable development goals (SDGs). In 2009 Michael founded the Sustainable Fashion Academy (SFA) in order to dramatically improve environmental and human rights performance within the fashion and apparel industry. Michael participates as a senior advisor for a range of global sustainable apparel initiatives, ranging from finance to policy. He is a member of the steering group for The United Nation’s Climate Action in Fashion Charter. He also co-founded and directs The Swedish Textiles Initiative for Climate Action.

Michael currently lives in Stockholm, Sweden with his wife Erika and kids Oz and Blimah (who, unfortunately, refuse to listen to his podcasts…).