New England Wool Pty Ltd and Italian fabric makers Successori Reda and Vitale Barberis Canonico have transferred ownership of The SustainaWOOL™ Integrity Scheme to the Australian Wool Exchange (AWEX), AWEX announced on 25 July.
Thanks to its new home with the independent industry body, the Scheme will be enable wool from accredited farms to be made available to all users worldwide.
SustainaWOOL™ was launched in 2015 in response to demand from consumers and retailers. Since its inception, over 950 farms have been accredited.
“At a special Board Meeting late last week, we unanimously agreed to complete the transfer of SustainaWOOL™, in time for the start of the 2019/20 wool selling season,” Mark Grave, CEO of the Australian Wool Exchange.
“AWEX was the natural answer to our project and the Australian wool producers deserve it. We are very proud that we can provide the wool industry with this gift,” Francesco Botto Poala, COO of Successori Reda.AWEX has received overwhelming encouragement and support from the wider wool community to provide the Australian wool industry with a single, rigorously audited sustainability scheme that is independently owned and operated.
“As an independent industry owned and operated program, AWEX now has the opportunity to make ustainaWOOLTM available to all wool users,” Mr Grave said.
Globally, customers of wool are demanding evidence of sustainability through independent and credible integrity programs.
“We hav been working hard for four years in order to build the most important integrity scheme in the world. It is an independent powerful system that brings added value, not only to the Australian wool industry, but the whole supply chain. SustainaWOOLTM is indeed one of the strongest support structures for the modern green world,” Alessandro Barberis Canonico, CEO of Vitale Barberis Canonico.