Annotations - corporate sustainability

the companies which operate in the sector express that they have no interest in high-interest loans and funding within the purpose to make their operations sustainable and green because of the fear of financial burden and risk. For them, the most important need for loans and additional funding is to keep their raw material preparation more stable, improve their equipment capacity, maintain working capital, labor costs, operating costs and continuous production operations rather than green and sustainable production.

This report suggests that a major obstacle to manufacturing "sustainable cashmere" is the lack of finance for sustainability initiatives. Available (government?) loans/financing for green initiatives by textiles SMEs is 75-billion MNT, far less than demand, but only one processor applied and received 150-million MNT. Reasons given are (1) poor information about the funding and (2) high interest rates. The highlighted passage here indicates that sustainable cashmere is of secondary importance to #financial-stability . But by implication, "sustainable cashmere" is not something that is valued for its international marketability, so much as an equivalent to #corporate-sustainability .

Staff at all the brands are encouraged to come up with initiatives to save waste and reduce packaging. The Erdos factories are also adopting environmentally friendly practices.

This is a general #corporate-sustainability approach, not particularly related to cashmere.