Balancing Profits and Planet: A Deep Dive into Responsible Production and Ethical Commerce
On the 4th of March, Dr. R. Sri Ram, the Founder and Managing Director of Bags of Ethics by Supreme Creations, joined an inspiring panel at the Retail Summits London eCommerce Summit. The session, titled Balancing Profits & Planet, brought together thought leaders in sustainability, including Darya Badiei Khorsand, Scholar & Author on Sustainable Luxury Fashion, and Sara Brennan, Chief Sustainability and Innovation Officer at Colart. Together, they explored the pressing issues surrounding sustainability in eCommerce and the future of ethical commerce.
A central theme of the discussion was the growing need for transparency and accountability in the industry. Greenwashing, where companies falsely claim to be environmentally responsible, was a key point of concern. The panel delved into how businesses can avoid misleading consumers and genuinely contribute to a more sustainable future.
The conversation also focused on responsible production practices, emphasising the importance of reducing waste, sourcing ethically, and supporting fair trade initiatives. With sustainability becoming a vital consumer demand, it was evident that the future of eCommerce will be shaped by brands that integrate environmental and social responsibility into their business models.
Dr. Sri Ram’s involvement in the panel highlighted Bags of Ethics’ commitment to promoting ethical sourcing and production in the fashion industry. As a business, Bags of Ethics continues to push for transparency, aiming to change the way consumers view fashion by supporting brands that prioritise sustainability.
This enlightening panel provided invaluable insights into the current state of sustainable eCommerce and the steps needed to drive positive change. To learn more about these vital conversations in the industry, you can watch the full panel here: