The global fashion industry has become one of the most detrimental forces to our planet's eco system due to vast number of products which are manufactured at many factories around the world, consume a lot of planet resources and are pushed to be discarded of very fast due to changing fashion trends. At the same time fashion industry involves a lot of human labor thus influencing whole communities in developing countries and is infamous for human rights violation. Nevertheless, fashion companies have set their foot on corporate social responsibility (CSR) path relatively late because consumers failed to see a direct connection between the end product and disruptions occurring alongside the value chain for a long time. During the last two decades the increasingly elevating consumer awareness has put pressure on fashion companies and forced them to start investing into corporate social performance. The authors investigate fashion companies CSR practices and nonfinancial reports in order to find the common problems in relationships with stakeholders along the value chain, the ways the fashion companies cope with them and lacunas left unsolved or unattended.
Original languageEnglish
Pages240-242
Number of pages3
StatePublished - 2017
EventGSOM Emerging markets conference 2017 - GSOM SPbU, St. Petersburg, Russian Federation
Duration: 5 Oct 20177 Oct 2017
Conference number: 5
http://gsom.spbu.ru/files/emc_2017_book_of_abstracts.pdf
https://gsom.spbu.ru/gsom/research/conferences/2017/emc5/#17

Conference

ConferenceGSOM Emerging markets conference 2017
Abbreviated titleGSOM EMC
Country/TerritoryRussian Federation
CitySt. Petersburg
Period5/10/177/10/17
Internet address

    Research areas

  • РИНЦ

ID: 76895441