Redesigning Business

Business risk evaluation and its management is an ongoing process within the Company. The Risk Management and Sustainability Committee (RMSC) is inter alia entrusted with the responsibility of monitoring and reviewing the risk management plan, sustainability, cyber security of the Company, and other such functions, as may be delegated by the Board from time to time.

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We have collaborated with 'Forum for the Future', an independent non-profit organisation to create a roadmap to 'future proof' our business strategy.

Future proofing for ABFRL is derived considering anticipated impacts on business, by factor prioritization, exploring uncertainties, and build strategies by using scenarios to understand different future possible worlds, by tracking trends and identifying niche innovations.

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With our relentless focus on exploring disruptive and sustainable technologies, we have adopted textile technologies that reduce the use of energy and water during manufacturing as well as use.

We are leveraging technologies and innovative solutions such as CLO 3D garmenting, laser denim to significantly reduce the environmental, business and social impacts in the value chain.

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ABFRL has taken the lead for sustainable cotton by supporting the Cotton 2040 initiative, to enable a systemic shift in the global cotton industry towards sustainable cotton.

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At ABFRL, we use varied raw materials including cotton, viscose, linen, wool, polyester and blends. Production of more sustainable cotton has mammoth potential to create a positive change for the ecosystem. It is important to shift to sourcing of more sustainable cotton to reduce the apparel sector’s negative impacts. To this effect, ABFRL has collaborated with Cotton 2040 and are working towards including and thereon increasing the sustainable cotton consumption in our products. Together, the partners of Cotton 2040 are working on building demand for sustainable cotton, improving smallholder resilience and making traceability of cotton easier and more comparable for retailers looking to source across the different sustainable cotton standards.

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Sustainability attribute is our approach to measure and monitor the sustainability performance of our products so that we can deliver products that care for the environment, in line with our sustainability vision. Our journey over the years evolved from defining attribute; develop baseline computation to strengthen methodology to upgrade it based on global sustainability trends.

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At ABFRL, we believe in driving good chemical management practices across the supply chain, as this helps to assure our end customer on the sustainability of our value chain.

In this journey, we have collaborated with ZDHC Foundation and envisage to transform our value chain to deliver sustainable fashion beyond traditional approaches and help in reducing the chemical footprint and deliver safe products.

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