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Meet 6 Brands That Have Improved Their Good On You Ratings

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12 May, 2024

This post was originally published on Good on You

Our editors curate highly rated brands that are first assessed by our rigorous ratings system. Buying through our links may earn us a commission—supporting the work we do. Learn more.

 

We celebrate the brands that have improved their public disclosures and moved up a level on our ratings scale.

Which fashion brands are improving their practices?

Brand ratings are at the heart of Good On You’s mission to make shopping your values simpler. We have been rating brands since 2015—more than 6,000 to date—uncovering the ones doing harm and highlighting those doing better for people, the planet, and animals.

Our ratings team continually re-rates brands—annually for large brands and every 18 months for smaller ones—using the most up-to-date information and data available, so you can see accurate details about how the brands you’re interested in are impacting the values that matter to you. And when there is a significant change in a brand’s public disclosure, or a public or stakeholder concern about changes in the company’s practices, we’ll also initiate a review. In 2023, re-rates represented around 36% of the total brands we analysed.

Looking at the data for the 188 brands we re-rated in the first quarter of 2024, 22% improved their scores, while 40% got worse. Most of the brands that improved are smaller labels, which demonstrates an ongoing trend—despite having significantly more power and funding to affect change, the majority of large brands still aren’t doing enough to reduce their impacts on people, the planet, and animals.

 

How Good On You rates brands

Good On You is the most comprehensive and widely trusted brand ratings system for fashion. Our mission is to help you make better choices.

The Good On You ratings system captures the complexity of sustainability, aggregating up to 1,000 data points across 100 key issues for each brand. Our team of analysts use their industry-leading expertise and ratings tech to efficiently assess fashion brands’ impacts across the entire supply chain.

Brands receive an overall score that is converted into a rating on a clear and comparable five-point scale, from “We Avoid” all the way up to “Great”. You can download our app or check out the directory to discover the best brands for you.

For this report, we looked at the data for the 188 brands our analysts re-rated in 2024’s first quarter, and highlighted the ones whose overall scores increased enough for them to go up a level on our rating scale, for example, from “It’s a Start” to “Good”, or from “Good” to “Great”. We haven’t focused on brands whose ratings increased but were still bad overall, for example, from “We Avoid” to “Not Good Enough”. The idea is to encourage brands that are actively making progress and reducing their impacts.

The post Meet 6 Brands That Have Improved Their Good On You Ratings appeared first on Good On You.

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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