Nike and Patagonia rewarded for circular economy - sportstextiles: Lea SportsTextiles

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Nike and Patagonia rewarded for circular economy efforts

17/01/2017
Ahead of the 2017 meeting of the World Economic Forum in Davos Klosters, Switzerland (January 17-20), the organisation’s Community of Young Global Leaders held its third annual Circulars awards ceremony.

The awards are given to individuals and organisations that have made notable contributions to the creation of a circular economy. They highlight advances from the private sector, public sector and civil society that drive innovation and growth while reducing the world’s dependence on scarce natural resources.

Sportswear manufacturer Nike and outdoor brand Patagonia shared the Circular award given to a multinational company. Nike was rewarded for its work on material efficiency and waste reduction, while Patagonia was recognised for its history of sustainable innovation in the apparel industry. Its Worn Wear initiative, which encourages its customers to have their garments repaired rather than replacing them, was highlighted as a good example of embedding the principles of the circular economy into its business strategy.

Related stories:

Nike homes in on disassembly on its journey towards circularity 04/05/2022
Patagonia’s Worn Wear initiative heads online 27/09/2017
Another solid quarter for Nike 22/03/2017
Patagonia steps up use of recycled materials 08/11/2016
Nike discusses sustainability goals 13/05/2016
Patagonia taking repair scheme to Europe 07/04/2016
Flyknit to use only recycled polyester 23/02/2016
Patagonia encourages clothes swapping, not buying, on Black Friday 28/11/2014
Patagonia encourages customers to buy second-hand 19/09/2013
Patagonia begins recycling competitors’ garments 31/01/2007

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