Social Entrepreneurship to me is an amalgamation of a for profit and a non-profit business. These are for profit businesses with the values of non-profit organisations meaning they help not only the consumers but also the people in their supply chains. Gone are the days when it was impossible to make money and do good simultaneously. Now, we have the opportunity to do both.
The fashion industry is the second largest polluting industry in the world. As reported by the Natural Resources Defense Council, the Chinese textile industry creates about 3 billion tons of soot and wastes about 2.5 billion tons of water each year. These statistics are shocking but extremely true.
Something has to be done and the time is now. Ethical fashion needs to become the new big trend. Along with being ethical with regard to the people involved, ethical fashion needs to broaden its definition to include environmental ethics. The Sustainable Fashion Academy is striving very hard to change the industry’s view on the importance of natural capital and we look forward to seeing real change in this industry, real soon.