ESG investing news covering environmental, social, and governance criteria, sustainable finance, shareholder proposals, and ESG regulation.
The global footwear recycling market is forecast to grow from $1.5 billion in 2025 to $3.0 billion by 2031, driven by EU producer responsibility frameworks and rising production volumes. Europe holds the largest share at 38.6%, while major brands integrate recycling into ESG strategies using emerging technologies like AI-powered sorting.
A Deloitte Taiwan executive emphasized that companies must present credible transition plans with clear timelines and funding sources to secure financing. This aligns with growing regulatory pressure from Taiwan's Financial Supervisory Commission for financial institutions to direct capital toward green activities, as the nation's green investment reached NT$5.25 trillion.