Grazziotin Publishes ESG Report
Bitget2026/10/20 21:54- Grazziotin’s 2025 ESG report shows solar power now accounts for more than half of the retailer’s electricity consumption.
- Changes to jeans production at Pormenos and Grazziotin reduced water use by eliminating washing and finishing stages.
- Franco Giorgi introduced eco-denim to reduce water consumption, extending efforts to lower the textile supply chain’s environmental impact.
- Governance measures included strengthening internal processes and an independent, outsourced ethics hotline.
- The group completed its first diversity mapping exercise as it began developing diversity and inclusion policies.
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South Korea denies considering large-scale purchases of long-term U.S. Treasury bonds, stating that Korean media reports are inconsistent with the facts.
The Ministry of Economy and Finance of South Korea and the Bank of Korea (BOK) issued a joint statement refuting a local media report. The report had claimed that, in response to significant foreign capital outflows, Seoul was considering purchasing a large amount of U.S. government bonds. Both institutions emphasized that the composition and specific details regarding the management of South Korea's foreign exchange reserve assets are not disclosed to the public.


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