World
SVAKOM Decides to Donate 20% of its sale to “Trees for the Future” on the occasion of Earth Day
Amidst the dwindling economy due to the coronavirus, there are very few companies that are willing to go ahead and donate their proceeds. However, SVAKOM is one such company that went ahead and decided to give 20% of its sales happening from April 22nd to April 26th to the cause of Earth Day. Because of the lockdown, there is less use of fuel and fewer people are causing pollution, which has given earth the time to heal.
This Earth day, SVAKOM wanted to do something different from what it does every year. Normally, they use recycled materials and follow eco-friendly procedures. But this time, they went a step ahead and took a pledge to donate some portion of their sales to a respected organization called “Trees for the Future”.
Trees for the Future has been working for the betterment of the environment for the past 30 years. And the donation from the company is only going to boost their efforts.
They have three main goals, to end deforestation, to end hunger, and to end poverty. And they try their best to improve the living standards of all the communities.
Trees for the Future have been teaching farmers for four years about how to work, grow, and take care of the land. These teachings help the community to make sustainable development.
SVAKOM, a company popular for making app controlled vibrator for women, chose Trees for the Future because they seemed like the best choice. This organization have planted 187,000,000+ trees so far. And it is a significant achievement in itself.
It made this decision by studying the impact Trees for the Future is making, which has touched 111,000+ lives so far. This organization will use the donation for a good cause, and work towards the brighter future of Earth.
World
Turkish Textile Giant Sun Textile Solution Proposal for Drought
While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.
Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.
The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.
CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!
In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.
The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.
R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!
Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.
OFFERING CUSTOM DESIGNS TO CUSTOMERS
Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.
With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.
Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.
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