Accelerating change towards a prosperous organic cotton sector
The Organic Cotton Accelerator is a multi-stakeholder initiative focused on creating a prosperous organic cotton sector which benefits everyone—from farmer to consumer.
Organic cotton can bring significant environmental and social value, but at present it does not make (business) sense to produce or buy organic cotton raw materials and garments. Farmers are withdrawing from organic cotton production because it is not currently profitable, while retailers worry about the integrity of their organic raw material, and are switching to other sustainable alternatives. Instead of reaping the benefits of organic cotton production, the outlook for the sector is a cause for concern.
NewForesight has convened key sector stakeholders around a shared mission and pre-competitive strategy that is bringing structural change. With targeted interventions that have the potential to be scaled up, we are improving the business case for all value chain actors, and driving a sector-wide collaborative partnership that will accelerate the transition towards an organic cotton sector that benefits not just our clients, but the whole supply chain.