( MENAFN - GlobeNewsWire - Nasdaq) Providing proof of concept for supply chain carbon neutrality using seamless offset integration, leveraging comprehensive, real-time supply chain data to demonstrate carbon reduction effort and impact, and meeting growing investor and consumer demand for fair market pricing and transparency in carbon asset class London, May 31, 2024 (GLOBE NEWSWIRE) -- XTCC, the investment ecosystem specialising in publicly listed instruments linked to high-integrity carbon credits, is collaborating with Circulariti, pioneers of a technology platform that empowers fashion brands to achieve profitable transparency in end-to-end supply chains to accelerate net-zero commitments. Under the terms of a Joint Development Agreement (JDA), the collaboration will bring together XTCC's expertise in creating high-integrity carbon credit investment assets and Circulariti's unified transparency technology and comprehensive real-time supply chain data to drive greater transparency, robustness and integrity in carbon reduction best practice in the global fashion industry. Carbon emissions are an inevitable consequence of global supply chains.
It is estimated that the textile industry alone accounts for some 10% of global greenhouse gas emissions ; add in to the mix emissions generated by shipping, air freight and other processes in the supply chain and it is evident that the fashion industry makes a significant environmental impact. At the same time there is growing investo.
