The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Good Fashion Fund (GFF) have joined forces to collaborate in taking the apparel and textile industry of Bangladesh a step further in the area of environmental sustainability by financing sustainable practices and technologies.
On Wednesday 15th of August BGMEA and GFF signed a Memorandum of Understanding (MoU) to support and strengthen the development and uptake of innovative sustainability solutions and particularly to improve environmental and social sustainability within factories in Bangladesh.
Newsletter Impact Investor highlights Good Fashion Fund in an interview with director Bernadette Blom. The article focuses on the Dutch Fund managed by FOUNT.eu, and its first investment in Prathiba Syntex, a supplier to C&A, H&M, Patagonia and Zara. The Good Fashion Fund provides manufacturers with capital and expertise to scale up a sustainable way of making clothes. Read the interview: Dutch investment fund takes up the fight against fast fashion
The Good Fashion Fund, the Fashion for Good initiated fund to drive sustainable manufacturing practices, has signed its first deal with Indian manufacturer Pratibha Syntex Limited. The 4.5 million US dollar, long-term loan, will support Pratibha Syntex’s planned capital expenditures for the replacement of machinery and expansion of sustainable equipment in their spinning, processing and garmenting divisions. Pratibha Syntex supplies textiles and garments to popular brands including C&A, H&M, Patagonia and Zara.
Bernadette Blom, partner at FOUNT.eu and Director at Good Fashion Fund recently joined Ryan Grant Little of EVPA for a podcast which is the first in a series with Europe’s leading investors for impact.
The Good Fashion Fund is happy to partner with development evaluators GlobalCAD – Center of Partnerships for Development and adelphi to facilitate a continuous learning process that will generate knowledge and insights on emerging outcomes of our operations. Read the full article: Good Fashion Fund embarks on a learning journey with GlobalCAD and adelphi
The Good Fashion Fund has introduced its video on YouTube explaining how the GFF can improve the fashion industry.
The fashion industry is polluting, has bad working conditions, and it’s not changing by itself. But there are fantastic, disruptive, original ideas that will improve the industry.
An article in the latest edition of the Stanford Social Innovation Review (Winter 2021 edition) gives insight into the valuable contribution of the Good Fashion Fund. “The Fund’s particular marriage of environmentally mindful technology and textile production fills a significant gap in the fashion industry, states director Bob Assenberg.” Read the full article: The Future of Fashion
De Dikke Blauwe is a Dutch booklet in which great benefactors within the philanthropic, cultural and art sector are represented. The Good Fashion Fund could not be absent. The Fund aims to significantly improve a positive impact of apparel manufacturing along the Five Goods: Good Energy, Good Water, Good Materials, Good Lives and Good Economy.
Read more in the article Kleding met impact
AMSTERDAM – The Good Fashion Fund welcomes Rabobank as an investor to the fund. Launched in September of 2019, Rabobank is the first senior debt investor to the fund and joins Laudes Foundation (formerly C&A Foundation) and the Mills Fabrica as co-investors in the first investment fund focused solely on driving the implementation of innovative solutions in the fashion industry.
The investment fund focuses on implementing innovative solutions for sustainable fashion, connecting promising technology to industry
This unique impact fund provides long term debt financing to sustainable apparel manufacturers in Asia for implementation of high-impact technologies. Through its investments, the Good Fashion Fund drives positive impact across the fashion industry in order to make it more sustainable. FOUNT is the Fund Manager.