The TEXAID Group publishes its first annual report

The TEXAID Group is publishing its first annual report. This encompasses the activities of TEXAID Textilverwertungs-AG, which is based in Schattdorf (Canton of Uri), as well as its subsidiary companies, from 1st January until 31st December 2018.

With the voluntary publication of its business figures, TEXAID is taking a further step towards promoting transparency in the used textiles industry. Last year, TEXAID published a comprehensive sustainability report that provides information on the work processes, measures and progress along the path to sustainable business activities.

In sum total, in the past financial year, TEXAID was able to donate 12.4 million francs (previous year 10.1 million francs) to charitable partners with the proceeds from the collection, recycling and sale of used textiles. Of this amount, 8.1 million francs (previous year: 7.8 million francs) were donated to organisations in Switzerland. A selection of charitable projects which are co-financed with this funding is available on TEXAID website under the heading «social sustainability».

Media release dated 25.7.2019

Annual report 2018 (in German)

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