Textile Exchange: revamped Material Change Index launched

The international non-profit organization Textile Exchange, O’Donnell, TX/USA, has announced the launch of its annual Material Change Index (MCI).
With 170 companies participating, the MCI is the largest voluntary peer-to-peer comparison initiative in the textile industry. It tracks the apparel, footwear and home textile sector's progress toward more sustainable materials sourcing, as well as alignment with global efforts like the Sustainable Development Goals (SDGs) and the transition to a circular economy.
The Material Change Index is a key component of Textile Exchange's Corporate Fiber & Materials Benchmark (CFMB) program, which enables participating companies to measure, manage and integrate a preferred fiber and materials strategy into their business. By participating in the CFMB, companies demonstrate a commitment to transparency and continuous improvement around their materials sourcing strategy.
The MCI family of indices tracks progress across the following categories: cotton, polyester, polyamide, manmade cellulosics, down, wool, material circularity, and the SDGs. Companies that complete the full CFMB survey are eligible to be recognized on the overall MCI Leaderboard. In 2019, there were 74 companies eligible for the MCI.

Source:  https://textination.de/