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Stock impact report

Saitex Mill Approved as Bluesign System Partner [Yahoo! Finance]

SGS SA ADR (SGSOY) 
Company Research Source: Yahoo! Finance
footsteps of Saitex Laundry, which became the program's first denim laundry partner more than a decade ago. Led by Sanjeev Bahl, the certified B Corp has become a global leader in green denim production, employing innovative processes designed to conserve water and limit the adverse impacts of the notoriously toxic and wasteful denim production process. Founded in 2001, Saitex's Vietnam facilities are complemented by an outpost in Los Angeles , with both locations employing closed-loop water systems, energy-efficient processes and clean chemistry with an eye toward cutting carbon emissions. More from Sourcing Journal The verticalized manufacturer, which works with brands like Everlane and J.Crew , bolsters Bluesign's growing Denim Initiative , which aims to pull together players across the denim sector to create safer products for consumers and the environment. According to Bluesign CEO Daniel Rüfenacht, the ten-year-plus partnership is “are making significant strides toward red Show less Read more
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