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THE INTERSECTION OF STYLE AND RESPONSIBILITY: FASHION, SUSTAINABLE DEVELOPMENT AND FINANCE

Year 2023, Volume: 45 Issue: 2, 122 - 140, 08.12.2023
https://doi.org/10.14780/muiibd.1367966

Abstract

With the increase of human population, consumption has increased and the damage to natural resources has become dangerous. Fashion is one of the largest industries in the world. It is natural for people to express themselves through their clothes. However, with the fast fashion trend, significant harm is given to both the environment and human rights in production and consumption. It is considered that these damages may cause a slowdown in reaching the Sustainable Development Goals (SDGs), which are targeted to be achieved by 2030. Efforts to reduce the environmental and social damages of the fashion and garment industry require serious financing. Sustainable finance mechanisms that come into play at this point will help the sector move forward in achieving its goals in a more convenient and easy way. This study aims to explain the obstacles created by the fashion and garment sector in reaching the SDGs and the contribution of sustainable finance practices in eliminating them.

References

  • Aizawa, M., & Tripathi, S. (2016). Beyond Rana Plaza: Next steps for the global garment industry and Bangladeshi manufacturers. Business and Human Rights Journal, 1(1), 145-151.
  • Bae, S. Y., Rudd, N., & Bilgihan, A. (2015). Offensive advertising in the fashion industry: Sexual objectification and ethical judgments of consumers. Journal of Global Fashion Marketing, 6(3), 236-249.
  • Bandera, G. (2022). HOW THE FASHION INDUSTRY POLLUTES OUR WATER https://www.fairplanet.org/story/how-the-fashion-industry-pollutes-our-water/ Erişim Tarihi:25.05.2022
  • Bilen, Derya. “Hazır Giyim Sektöründe Hızlı Moda Kültürünün Sürdürülebilirliğe Etkisi”. Yüksek Lisans Tezi. Ege Üniversitesi Fen Bilimleri Enstitüsü, 2021.
  • Caloiero, S. (2022). Moncler: the future of feathers (Doctoral dissertation), e NOVA – School of Business and Economics..
  • Canikli, S. (2022). Sürdürülebilir finans mekanizmaları, araçları ve sürdürülebilir kalkınma ilişkisi. Akdeniz İİBF Dergisi, 22(1), 26-39.
  • Chen, Z., Wang, Y., Huang, J., & Zhang, L. (2019). Impacts of textile dyeing and finishing operations on environmental sustainability and human health: A review. Frontiers of Environmental Science & Engineering, 13(6), 80.
  • Choi, Y., & Lee, H. (2020). The dark side of the fast fashion industry: Examining the impact of social and environmental factors on consumers' willingness to buy fast fashion products. Sustainability, 12(4), 1393.
  • EPA (2020). “What You Should Know About Microfiber Pollution.” 2020 https://www.epa.gov/sites/default/files/2020-07/documents/article_2_microfibers.pdf Erişim Tarihi : 26.05.2022
  • FAO & UNEP (2021). Global assessment of soil pollution - Summary for policy makers. Rome, FAO. https://doi.org/10.4060/cb4827en.
  • Grier, K., Mahmood, T., & Powell, B. (2023). Anti-sweatshop activism and the safety-employment tradeoff: Evidence from Bangladesh's Rana Plaza disaster. Journal of Economic Behavior & Organization, 208, 174-190.
  • Hoshen, M. S., Hasan, M. N., Hossain, S., Al Mamun, M. A., Mannan, A., & Al Mamun, A. (2017). Green financing: an emerging form of sustainable development in Bangladesh. IOSR Journal of Business and Management, 19(12), 24-30.
  • İHKİB, (2023). Türk Hazır Giyim ve Konfeksiyon Sektörü Sürdürülebilirlik Stratejisi ve Eylem Planı, Ankara-İstanbul, Ocak 2023.
  • Joy, A., Sherry Jr, J. F., Venkatesh, A., Wang, J., & Chan, R. (2012). Fast fashion, sustainability, and the ethical appeal of luxury brands. Fashion theory, 16(3), 273-295.
  • Kalın, Z. (2017). Hızlı Moda Ürünlerine Yönelik Tutumların Satın Alma Niyetine Etkisinin İncelenmesi (Yüksek Lisans Tezi, Mersin Üniversitesi, Mersin).
  • Khude, P. (2017). A review on energy management in textile industry. Innov Ener Res, 6(169), 2.
  • Kim, E., Kim, Y. K., & Choi, Y. (2019). Cultural appropriation in fashion: A conceptual approach. Journal of the Korean Society of Fashion Design, 19(5), 1-20.
  • Kumar, L., Nadeem, F., Sloan, M., Restle-Steinert, J., Deitch, M. J., Ali Naqvi, S., ... & Sassanelli, C. (2022). Fostering green finance for sustainable development: A focus on textile and leather small medium enterprises in Pakistan. Sustainability, 14(19), 11908
  • Nguyen, A. (2022). Sustainability-linked finance is fashion’s latest trend, but will it work?. Finance and Investment Series, Racounter Newsletters.
  • Olofsson, L. (2018). Integrating the UN Sustainable Development Goals in Sustainability Reporting: A Discourse Analysis on Value Creation in the Apparel Industry.
  • Phan, T. T. H., Tran, H. X., Le, T. T., Nguyen, N., Pervan, S., & Tran, M. D. (2020). The relationship between sustainable development practices and financial performance: A case study of textile firms in Vietnam. Sustainability, 12(15), 5930.
  • Rauturier, S. (2022). What Is Fast Fashion and Why Is It So Bad? https://goodonyou.eco/what-is-fast-fashion/ Solene Rauturier Erişim Tarihi: 09.04.2022
  • Statista Research Department. (2021). Global Apparel Market Size. Statista. https://www.statista.com/topics/969/apparel-market-in-the-us/
  • Uandiglobal.org (2021) Sustainable Fashion and the UN Sustainable Development Goals https://uandiglobal.org/sustainable-fashion-and-the-un-sustainable-development-goals/ Erişim Tarihi:10.05.2022
  • UNECE (2018). Fashion and the SDGs: what role for the UN? https://www.unece.org/fileadmin/DAM/RCM_Website/RFSD_2018_Side_event_sustainable_fashion.pdf Erişim Tarihi:26.05.2022
  • United Nations Climate Change Global Climate Action (UNCCGCA) (2021). Fashion Industry Charter for Climate Action, Version 5 November, 2021
  • Vijeyarasa, R., & Liu, M. (2022). Fast Fashion for 2030: Using the Pattern of the Sustainable Development Goals (SDGs) to Cut a More Gender-Just Fashion Sector. Business and Human Rights Journal, 7(1), 45-66.
  • WCED (ed). 1987. Our Common Future: The World Commission on Environment and Development. Oxford: Oxford University Press:. Oxford.
  • Woodside, A. G., & Fine, M. B. (2019). Sustainable fashion themes in luxury brand storytelling: The sustainability fashion research grid. Journal of Global Fashion Marketing, 10(2), 111-128.
  • Wu, Phylicia. (2020). Digital technology, green finance in vogue among fashion’s sustainability trendsetters,.https://www.greenbiz.com/article/digital-technology-green-finance-vogue-among-fashions-sustainability-trendsetters
  • İnternet Siteleri
  • Boston Consulting Group (BCG), https://www.bcg.com/capabilities/digital-technology-data/data-analytics
  • Climate Bond Initiative (CBI) Database. https://www.climatebonds.net/market/data/
  • Fashion For Good. (2020). Fınancıng the Transformation in the Fashion Industry, https://fashionforgood.com/wpcontent/uploads/2020/01/FinancingTheTransformation_Report_FINAL_Digital-1.pdf
  • Green Finance Portal, https://www.greenfinanceplatform.org/page/explore-green-finance
  • https://www.esgtoday.com/prada-signs-e90-million-sustainability-linked-loan/
  • Inernational Trade Council , https://tradecouncil.org
  • International Labour Organisation, ILO, https://www.ilo.org/global/statistics-and-databases/lang--en/index.htm
  • İHKİB, İstanbul Hazır Giyim ve Konfeksiyon İhracatçıları Birliği, https://www.ihkib.org.tr/tr
  • Statista DataBase, https://www.statista.com/topics/9069/green-banking/#dossier-chapter2
  • T.C. Tarım ve Orman Bakanlığı Veri Merkezi, https://tarimorman.gov.tr
  • Türkiye Tekstil Sanayii İşverenleri Sendikası (2021) http://www.tekstilisveren.org.tr/haberler/yesil-duezene-gecisin-anahtari-suerdueruelebilir-finans
  • Türk Dil Kurumu, Türkçe Sözlük, www.sozluk.gov.tr
  • Türkiye Cumhuriyet Merkez Bankası (TCMB) Veri Platformu, https://evds2.tcmb.gov.tr

STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS

Year 2023, Volume: 45 Issue: 2, 122 - 140, 08.12.2023
https://doi.org/10.14780/muiibd.1367966

Abstract

İnsan nüfusunun çoğalmasıyla, tüketim artmış ve doğal kaynaklara verilen zararlar artık tehlikeli boyuta gelmiştir. Moda, dünyanın en büyük sektörlerinden biridir. İnsanların kıyafetleriyle kendini ifade etmesi doğaldır. Fakat hızlı moda akımıyla üretimde ve tüketimde hem çevreye hem de insan haklarına ciddi zararlar verilmektedir. Bu zararların 2030 yılına kadar gerçekleşmesi hedeflenen Sürdürülebilir Kalkınma Amaçlarına (SKA) ulaşma noktasında bir yavaşlamaya sebep olabileceği düşünülmektedir. Moda ve hazır giyim sektörünün çevresel ve sosyal zararlarını azaltabilmek için gösterilmesi gereken çabalar ciddi finansman kaynağına ihtiyaç duymaktadır. Bu noktada devreye giren sürdürülebilir finans mekanizmaları daha uygun ve kolay bir şekilde, sektörün amaçlara ulaşmada yol almasına yardımcı olacaktır. Bu çalışmada moda ve hazır giyim sektörünün SKA’ya ulaşmada yarattığı engeller ve bunların ortadan kaldırılmasında sürdürülebilir finans uygulamalarının katkısı açıklanmaya çalışılmıştır.

References

  • Aizawa, M., & Tripathi, S. (2016). Beyond Rana Plaza: Next steps for the global garment industry and Bangladeshi manufacturers. Business and Human Rights Journal, 1(1), 145-151.
  • Bae, S. Y., Rudd, N., & Bilgihan, A. (2015). Offensive advertising in the fashion industry: Sexual objectification and ethical judgments of consumers. Journal of Global Fashion Marketing, 6(3), 236-249.
  • Bandera, G. (2022). HOW THE FASHION INDUSTRY POLLUTES OUR WATER https://www.fairplanet.org/story/how-the-fashion-industry-pollutes-our-water/ Erişim Tarihi:25.05.2022
  • Bilen, Derya. “Hazır Giyim Sektöründe Hızlı Moda Kültürünün Sürdürülebilirliğe Etkisi”. Yüksek Lisans Tezi. Ege Üniversitesi Fen Bilimleri Enstitüsü, 2021.
  • Caloiero, S. (2022). Moncler: the future of feathers (Doctoral dissertation), e NOVA – School of Business and Economics..
  • Canikli, S. (2022). Sürdürülebilir finans mekanizmaları, araçları ve sürdürülebilir kalkınma ilişkisi. Akdeniz İİBF Dergisi, 22(1), 26-39.
  • Chen, Z., Wang, Y., Huang, J., & Zhang, L. (2019). Impacts of textile dyeing and finishing operations on environmental sustainability and human health: A review. Frontiers of Environmental Science & Engineering, 13(6), 80.
  • Choi, Y., & Lee, H. (2020). The dark side of the fast fashion industry: Examining the impact of social and environmental factors on consumers' willingness to buy fast fashion products. Sustainability, 12(4), 1393.
  • EPA (2020). “What You Should Know About Microfiber Pollution.” 2020 https://www.epa.gov/sites/default/files/2020-07/documents/article_2_microfibers.pdf Erişim Tarihi : 26.05.2022
  • FAO & UNEP (2021). Global assessment of soil pollution - Summary for policy makers. Rome, FAO. https://doi.org/10.4060/cb4827en.
  • Grier, K., Mahmood, T., & Powell, B. (2023). Anti-sweatshop activism and the safety-employment tradeoff: Evidence from Bangladesh's Rana Plaza disaster. Journal of Economic Behavior & Organization, 208, 174-190.
  • Hoshen, M. S., Hasan, M. N., Hossain, S., Al Mamun, M. A., Mannan, A., & Al Mamun, A. (2017). Green financing: an emerging form of sustainable development in Bangladesh. IOSR Journal of Business and Management, 19(12), 24-30.
  • İHKİB, (2023). Türk Hazır Giyim ve Konfeksiyon Sektörü Sürdürülebilirlik Stratejisi ve Eylem Planı, Ankara-İstanbul, Ocak 2023.
  • Joy, A., Sherry Jr, J. F., Venkatesh, A., Wang, J., & Chan, R. (2012). Fast fashion, sustainability, and the ethical appeal of luxury brands. Fashion theory, 16(3), 273-295.
  • Kalın, Z. (2017). Hızlı Moda Ürünlerine Yönelik Tutumların Satın Alma Niyetine Etkisinin İncelenmesi (Yüksek Lisans Tezi, Mersin Üniversitesi, Mersin).
  • Khude, P. (2017). A review on energy management in textile industry. Innov Ener Res, 6(169), 2.
  • Kim, E., Kim, Y. K., & Choi, Y. (2019). Cultural appropriation in fashion: A conceptual approach. Journal of the Korean Society of Fashion Design, 19(5), 1-20.
  • Kumar, L., Nadeem, F., Sloan, M., Restle-Steinert, J., Deitch, M. J., Ali Naqvi, S., ... & Sassanelli, C. (2022). Fostering green finance for sustainable development: A focus on textile and leather small medium enterprises in Pakistan. Sustainability, 14(19), 11908
  • Nguyen, A. (2022). Sustainability-linked finance is fashion’s latest trend, but will it work?. Finance and Investment Series, Racounter Newsletters.
  • Olofsson, L. (2018). Integrating the UN Sustainable Development Goals in Sustainability Reporting: A Discourse Analysis on Value Creation in the Apparel Industry.
  • Phan, T. T. H., Tran, H. X., Le, T. T., Nguyen, N., Pervan, S., & Tran, M. D. (2020). The relationship between sustainable development practices and financial performance: A case study of textile firms in Vietnam. Sustainability, 12(15), 5930.
  • Rauturier, S. (2022). What Is Fast Fashion and Why Is It So Bad? https://goodonyou.eco/what-is-fast-fashion/ Solene Rauturier Erişim Tarihi: 09.04.2022
  • Statista Research Department. (2021). Global Apparel Market Size. Statista. https://www.statista.com/topics/969/apparel-market-in-the-us/
  • Uandiglobal.org (2021) Sustainable Fashion and the UN Sustainable Development Goals https://uandiglobal.org/sustainable-fashion-and-the-un-sustainable-development-goals/ Erişim Tarihi:10.05.2022
  • UNECE (2018). Fashion and the SDGs: what role for the UN? https://www.unece.org/fileadmin/DAM/RCM_Website/RFSD_2018_Side_event_sustainable_fashion.pdf Erişim Tarihi:26.05.2022
  • United Nations Climate Change Global Climate Action (UNCCGCA) (2021). Fashion Industry Charter for Climate Action, Version 5 November, 2021
  • Vijeyarasa, R., & Liu, M. (2022). Fast Fashion for 2030: Using the Pattern of the Sustainable Development Goals (SDGs) to Cut a More Gender-Just Fashion Sector. Business and Human Rights Journal, 7(1), 45-66.
  • WCED (ed). 1987. Our Common Future: The World Commission on Environment and Development. Oxford: Oxford University Press:. Oxford.
  • Woodside, A. G., & Fine, M. B. (2019). Sustainable fashion themes in luxury brand storytelling: The sustainability fashion research grid. Journal of Global Fashion Marketing, 10(2), 111-128.
  • Wu, Phylicia. (2020). Digital technology, green finance in vogue among fashion’s sustainability trendsetters,.https://www.greenbiz.com/article/digital-technology-green-finance-vogue-among-fashions-sustainability-trendsetters
  • İnternet Siteleri
  • Boston Consulting Group (BCG), https://www.bcg.com/capabilities/digital-technology-data/data-analytics
  • Climate Bond Initiative (CBI) Database. https://www.climatebonds.net/market/data/
  • Fashion For Good. (2020). Fınancıng the Transformation in the Fashion Industry, https://fashionforgood.com/wpcontent/uploads/2020/01/FinancingTheTransformation_Report_FINAL_Digital-1.pdf
  • Green Finance Portal, https://www.greenfinanceplatform.org/page/explore-green-finance
  • https://www.esgtoday.com/prada-signs-e90-million-sustainability-linked-loan/
  • Inernational Trade Council , https://tradecouncil.org
  • International Labour Organisation, ILO, https://www.ilo.org/global/statistics-and-databases/lang--en/index.htm
  • İHKİB, İstanbul Hazır Giyim ve Konfeksiyon İhracatçıları Birliği, https://www.ihkib.org.tr/tr
  • Statista DataBase, https://www.statista.com/topics/9069/green-banking/#dossier-chapter2
  • T.C. Tarım ve Orman Bakanlığı Veri Merkezi, https://tarimorman.gov.tr
  • Türkiye Tekstil Sanayii İşverenleri Sendikası (2021) http://www.tekstilisveren.org.tr/haberler/yesil-duezene-gecisin-anahtari-suerdueruelebilir-finans
  • Türk Dil Kurumu, Türkçe Sözlük, www.sozluk.gov.tr
  • Türkiye Cumhuriyet Merkez Bankası (TCMB) Veri Platformu, https://evds2.tcmb.gov.tr
There are 44 citations in total.

Details

Primary Language Turkish
Subjects Developmental Economy - Micro, Finance and Investment (Other)
Journal Section Makaleler
Authors

Büşra Uzun This is me

Seda Canikli 0000-0001-7523-5822

Early Pub Date October 2, 2023
Publication Date December 8, 2023
Submission Date April 16, 2023
Published in Issue Year 2023 Volume: 45 Issue: 2

Cite

APA Uzun, B., & Canikli, S. (2023). STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 45(2), 122-140. https://doi.org/10.14780/muiibd.1367966
AMA Uzun B, Canikli S. STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. December 2023;45(2):122-140. doi:10.14780/muiibd.1367966
Chicago Uzun, Büşra, and Seda Canikli. “STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi 45, no. 2 (December 2023): 122-40. https://doi.org/10.14780/muiibd.1367966.
EndNote Uzun B, Canikli S (December 1, 2023) STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 45 2 122–140.
IEEE B. Uzun and S. Canikli, “STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS”, Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 45, no. 2, pp. 122–140, 2023, doi: 10.14780/muiibd.1367966.
ISNAD Uzun, Büşra - Canikli, Seda. “STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 45/2 (December 2023), 122-140. https://doi.org/10.14780/muiibd.1367966.
JAMA Uzun B, Canikli S. STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;45:122–140.
MLA Uzun, Büşra and Seda Canikli. “STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 45, no. 2, 2023, pp. 122-40, doi:10.14780/muiibd.1367966.
Vancouver Uzun B, Canikli S. STİL VE SORUMLULUĞUN BULUŞMASI: MODA, SÜRDÜRÜLEBİLİR KALKINMA VE FİNANS. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;45(2):122-40.

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