There is growing evidence that consumers, who have in the past been largely ambivalent, are becoming increasingly interested in how their clothing is sourced and manufactured and where. Fashion is no longer just seen as a form of self expression in terms of personal style but also in terms of personal values.<\/p>\n
According to Nielsen, 2.5 billion \u201caspirational\u201d consumers are becoming increasingly interested in, and making decisions based on, the environmental and social impact of their purchases. But this move isn\u2019t about altruism, it\u2019s about consumers making choices that represent who they are and what they believe in.<\/p>\n
Fifty-five percent of global online consumers across 60 countries say they are willing to pay more for products and services provided by companies that are committed to positive social and environmental impact.<\/p>\n
The propensity to buy socially responsible brands is strongest in Asia-Pacific (64%), Latin America (63%) and Middle East\/ Africa (63%). The numbers for North America and Europe are 42% and 40% respectively, according to Nielsen\u2019s Global Survey on Corporate Social Responsibility 2014.<\/p>\n
In addition, the rising global middle class will increase the rate at which resources are being consumed, affecting the fashion industry as a whole, says EY (Ernst & Young).<\/p>\n
EY predicts the GDP of emerging markets will overtake that of developed economies by 2020, with the middle class adding more than 1 billion consumers worldwide. Since 1995, the remarkable growth of the emerging market economies has brought millions out of poverty, but has put far fewer people into the \u201cglobal middle class\u201d.<\/p>\n
A significant proportion of the new Asian middle class are also expected to be at the upper end of the income bracket, with impressive spending power. Large populations and rapid economic growth mean China and India will become the powerhouses of middle class consumerism over the next two decades.<\/p>\n
By 2030 around one billion people in China could be middle class \u2014 as much as 70% of its projected population. India\u2019s global middle class, meanwhile, at around 50 million people, or 5% of the population, is much smaller. This is expected to grow steadily over the next decade, reaching 200 million by 2020.<\/p>\n
But while there is growing demand for businesses to place at least equal weight on society\u2019s interests as they do on business interests (indeed 87% believe this, according to Edelman\u2019s goodpurpose\u00ae report 2014), less than a third of people believe businesses are performing well in this area.<\/p>\n
Why this increase in awareness of the need for societal change? Again much of it can be attributed to technology. For not only is technology enabling more efficient production and design methods but it is also improving communication of and promotion of such issues. Danielle L Vermeer, who is the architect of Reclaimed, an initiative that upcycles garments, and The Give, a monthly curated list of social impact jobs has cited on her website 5 ways that technology can promote sustainable fashion<\/a>. They are:<\/p>\n Educating consumers:<\/strong> Technology can raise awareness about the global fashion industry by sharing producers\u2019 stories with consumers.<\/p>\n Empower consumers:<\/strong> Technology can empower consumers to make educated, conscious decisions about their purchases and to communicate their support or dissatisfaction with companies.<\/p>\n Fostering connections:<\/strong> Technology can more directly connect the producers and consumers of fashion.<\/p>\n Promote transparency in supply chains:<\/strong> Technology can collect, track, and aggregate data from global supply chains to promote transparency and accountability in supply chains (see Labor Link and Trade good case studies).<\/p>\n