Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 52 , 01 December 2023
Open
Access | Article
Research on Sustainable Development of Fashion Industry - Hermes, LVMH, Inditex as an Example
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Abstract
ESG is one of the critical topics in today’s research. In recent years, researchers have found that sustainability, as represented by ESG, plays a significant role in the development of companies. However, there is a lack of a coherent explanation related to ESG in the segment of the fashion industry in which companies are located. Therefore the research topic of this paper is the relationship between the development of the fashion industry and ESG. The research methodology of this paper is as follows: firstly, we collect the reports like CSR Extract and Annual report published by Hermes, LVMH, and Inditex on their official websites, and then we conduct a qualitative analysis to explore the development of the fashion industry and the investment of fashion industry enterprises in ESG. The study found that ESG in the fashion industry can effectively promote the sustainable development of fashion industry enterprises themselves and also promote the sustainable development of the whole industry.
Keywords
ESG, fashion industry, sustainable
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-151-3
- ISBN (Online)
- 978-1-83558-152-0
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/52/20230692
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited