In an announcement at its Sustainability Conference in Hamburg, Germany last week, Textile Exchange said the global not-for- profit public health organization will make targeted investments in its global operations, information systems and personnel.
“We feel we are on the cusp of making more significant contributions to the industry and creating even greater value for our members, and our membership growth this year highlights this. Our work is resonating with the marketplace we believe,” Textile Exchange director of business value strategy and development Jeff Wilson, said. “But as we grow, our basic capacity to deliver and improve was hamstrung by lack of financial and human resources.”
NSF will make those investments over the next five years.
The missions of each organization are aligned, Textile Exchange said at the conference. NSF works to protect human health and the environment by developing standards, testing and certifying products in the sustainability, organic and consumer goods industries, among others. Textile Exchange is working to improve sustainability in three areas: fiber and materials, integrity standards and the supply network. NSF has more than 70 years of experience in standards development, and Textile Exchange’s focus on the textile sector will help NSF broaden its sustainability scope beyond the areas it currently focuses on, including food and animal welfare.
“Our organizations have similar missions and we’ve worked together closely in the past,” NSF’s general manager of sustainability Jenny Oorbeck, said. “This strategic partnership is a natural fit since we’re both committed to, and working diligently to, protect the environment and human health through sustainability standards, certification and supply chain services in several sectors.”
The key benefits to Textile Exchange members, according to Wilson, will be increased and improved content for its three areas of focus, greater responsiveness and reach and increased business to business connectivity.
“In essence, we become a more effective, more responsive, more relevant, and more valuable agent for industry transformation,” Wilson said.
Textile Exchange has worked to help its members with actual “know-how” to make change and improve, whether through education on adopting key preferred materials, implementing industry integrity in their supply networks, and building an optimized, certified supply network for preferred materials, and it will press forward with those offerings.
“As any organization does, we want to remain and become an even more widely recognized leader in this space,” Wilson said. “This investment will enable us to truly soar now and help us achieve our vision and mission in concert with our members and industry partners.”