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Dr. YEN Gordon The Manufacturer’s Perspective Fountain Set (Holdings) Limited Founded in 1969, listed on HKEX in 1988 One of the worlds largest manufacturers of circular knitted fabrics 2009 annual worldwide sales reached approx US$700 million Staff force over 14,000 worldwide Fabric Producer (FSHL) China, Sri Lanka Cotton Spinners China, India, Indonesia, Pakistan, Taiwan, Others Garments Producers Latin America, China, Middle East, SE Asia, W Asia, Others Buyers / Retailers United States, European Union, Asia Sustainable Fashion Business Alliance FSHL’s Holistic View on Sustainability US, EU and Asia customers including China become more conscious on sustainability, whether on products or production practices We believe sustainability includes Environmental protection Social responsibility Stakeholder relationship Long term competitiveness of business WWF LCMP Certified Label Award 2010for Dongguan Shatin Lake Side Hang Seng Pearl River Delta Environmental Category Award - Water Management Certificate of Appreciation of Cleaner Production by HK Prod Council Recognition China Great Wall Quality Assurance Centre Certificate of Conformity of Environment Management System Certification Oeko-Rex? Standard 100 Certificate ISO14001:2004 Certificate ISO14001:2004 Fairtrade Certificate Sustainable Fashion Business Alliance Impact of Sustainable Practices 1 No change in Product + Same or Lower Cost 2 No change in Product + Higher Cost 3 Product Change + Same or Lower Cost 4 Product Change + Higher Cost Sustainable Fashion Business Alliance REACHRegistration, Evaluation, Authorisation and Restriction of Chemical substances One of the first to fully implement An example of level 2 effort – no change in products and increase in cost EC Regulation For chemicals and their safe use in producing consumer products Protection of human health and the environment Identification of the intrinsic properties of chemical substances Both upstream raw materials and pro
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