Agents of change

Recover™ aims to inspire and drive sustainable and circular transformation within the company, community and wider industry.

We actively support the development of circular supply chains and we set ambitious targets for environmental sustainability and social responsibility. Recover™ reports its progress and aims to be transparent in all aspects of the business, as we believe we must set the example for others.

2030 objectives:

• Recover™ is a leader in transparency.
• Recover™ inspires and drives sustainable transformation and leadership within the company community and wider industry.
• Recover™ drives iconic & impactful ESG initiatives.

Objective: Recover™ is a leader in transparency.

Recover™ strives to meet the 17 Sustainable Development Goals as defined by the United Nations and participates in several forward-thinking industry initiatives that help drive systemic change towards a circular fashion industry. We believe that transparency is the principal driver of change in the industry. Recover™ measures and reports on the requirements for governance, social and environmental performance of its fiber products, facilities, and supply chain.

Our efforts towards having complete transparency include:

The Recover™ impact calculator.

In 2023, we updated the Recover™ impact calculator on our website with our latest LCA data so that the consumer can calculate the environmental savings made from using our fiber. The calculator includes a methodology in the results page for enhanced transparency.

Annual Sustainability reports.

We published our Sustainability Reports 2021, 2022 and current 2023 with reference to the GRI Standard (Global Reporting Initiative), to provide transparency on how we contribute or aim to contribute to sustainable development. Furthermore, we are preparing our reporting requirements to adhere to the Corporate Sustainability Reporting Directive (CSRD). Every six months, Recover™ also reports under 123 ESG requirements to Goldman Sachs Asset Management. All Sustainability reports are available on our publications page.

Communication on Progress.

Annually, we submit the Communication on Progress (CoP), a requirement for all UN Global Compact business participants. It comprises 13 governance topics, 8 human rights topics, 12 labor rights topics, 18 environmental topics, and 8 anti-corruption topics to be disclosed to the UN Global Compact.

Objective: Recover™ inspires and drives sustainable transformation and leadership within the company community and wider industry.

Recover™ addresses the need for transparency and increased consumer education and engagement by aspiring to be the voice and leader to the consumer on recycled cotton, sustainability, and circularity. Within our communications, both on our social media channels, and brand/retailer collaborations, we engage with consumers to educate them on the consumptive nature of fashion and the benefits of a circular economy.

Partner with committed actors.

We partner with other committed actors in the industry, developing sustainable and circular solutions to drive the fashion industry towards a closed-loop system. In 2023, Recover™ contributed to the following industry projects and associations: Cascale, Textile Exchange, Textiles 2030, Circular Fashion Partnership, Accelerating Circularity, UN Global Compact, ReHubs, Policy Hub, American Apparel and Footwear Association, Global Fashion Agenda, World Circular Textiles Day, Observatiorio del Textil y de la Moda, European Recycling Industries’ Confederation (EuRIC) and Federación Española de la Recuperación y el Reciclaje (FER). You can discover more about each of these industry initiatives in their dedicated section our website.

Inspire through our Collabs.

Recover™ is a frontrunner in recycled, sustainable cotton fiber. We are the preferred partner to educate about circular fashion, as demonstrated by our brand collaborations with leaders in the fashion industry. In 2023, we launched collections with some of the biggest names in the fashion industry such as C&A, Lands'End or Perry Ellis, and helped to communicate on the environmental benefits of recycled cotton through our content strategy. We also launched a denim capsule collection, called REICONICS, with industry experts Jeanologia and Evlox to educate the industry on the environmental benefits of recycled cotton in denim.

Objective: Recover™ drives iconic & impactful ESG initiatives.

At Recover™, we have embedded respect for human rights in our relevant practices and policies. All our factories follow these standards which are based on the Core Conventions of the International Labor Organization (ILO) as well as the United Nations Universal Declaration of Human Rights.

Social Accountability, globally and locally.

Recover™ has implemented a set of tools and initiatives, both globally and locally in our Spanish and Bangladeshi hubs, to ensure we hold ourselves accountable for our actions and performance in delivering services and upholding the rule of law. Some of these initiatives include the Recover™ Employee Code of Conduct (CoC), which was created in 2022 and it is reviewed every year and approved by the person responsible for the People & Talent department and to which all employees must adhere to. We also have a work from home policy and training programs to enhance our workers' learning and development. We launched a Corporate Whistleblowing Channel globally that ensures that any individual can raise queries and/or doubts about the construction or enforcement of the Recover™ Employee Code of Conduct (CoC) and gives notice of any breaches of the Code, as well as any other internal policy and conduct regulations.

Health & Safety: Occupational Health and Safety Management System (OHSMS).

Recover™ implemented a robust and comprehensive Occupational Health and Safety Management System (OHSMS) consisting of a framework that allows us to identify and control our health and safety risks, reduce the potential for incidents, help us achieve compliance with health and safety legislation, and continually improve our performance. This system encourages employees to report potential unsafe conditions and the HSE department then evaluates them and implements the corresponding measures. Our OHSMS covers fire and emergency drills, PPEs (Personal Protective Equipment), distribution records, and safety signage across the company.

Quality Management System (QMS).

2023 marked a milestone for Recover™ in terms of continuous improvement. During the year, the Recover´s Quality Management System, based on the International Standard ISO 9001:2015, was implemented in our manufacturing hubs and headquarters. The focus of our Quality Management System is customer satisfaction as well as the optimization of processes and continual improvement. Furthermore, the ISO 9001 aids a proactive and preventive culture by identifying and analyzing the risks and opportunities that are relevant to the company, or those that may affect the conformity of products and services enhancing the ability to increase customer satisfaction.

Read more on what we achieved in our Agents of Change pillar in our Sustainability Report 2023.