Boohoo Sparks Fast Fashion Ethics Question for ESG Funds

Boohoo Sparks Fast Fashion Ethics Question for ESG Funds

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the underpayment of wages in the fashion industry, particularly in fast fashion, and its implications for ESG investing. It highlights the challenges of investing in fast fashion due to its reliance on cheap, disposable products and labor exploitation, especially of women. The discussion includes investor reactions, divestment trends, and the difficulty of changing fast fashion business models. It concludes by suggesting sustainable alternatives in the fashion value chain.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways have high-profile ESG investors responded to companies like Boohoo?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternatives to fast fashion are suggested for ethical investment in the fashion industry?

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