Swedish Textile Water Initiative
The Swedish Textile Water Initiative (STWI) is a unique collaboration between over 30 Swedish textile and leather brands and the Stockholm International Water Institute. In 2015, with funding from the Swedish International Development Agency (SIDA), the initiative expanded to become one of Sweden’s largest public-private partnerships.
Founded in 2010, STWI works with major brands and their suppliers to develop sustainable business practices that foster improved water and waste water management in supply chains. Originally working exclusively with Swedish brands, the initiative has now branched out to include the entire Nordic region with suppliers in more than 70 countries. In 2015, STWI advanced from agreeing upon and setting guidelines to helping to implement change within the supply chain. In its first year of implementation, factories had reduced annual operating costs by 39 MSEK due to improved efficiency of water, energy and chemical use. On average, factories realized an 89% return on investment within the first year for all one-time-investments and can expect an annual financial return of 89% after payback time.
STWI demonstrates how SIWI works to improve business practices and profitability, while also protecting shared waters; delivering a triple win for environment, business and society.
For more information about STWI visit www.stwi.se