Environmental, Social & Corporate Governance Policy

September 2023

Introduction & Commitment

At MOODAHUB, we are resolutely committed to transforming the fashion industry into a force for positive change. We recognize that fashion is not only a form of self-expression but also a powerful lever for sustainability and social responsibility. Our mission is to harness the potential of fashion to drive circularity, promote the reuse of personal items, and raise awareness about the environmental and social impacts of our choices. Through this ESG policy, we formally declare our commitment to reshape the fashion ecosystem, not only through our actions but also by inspiring and empowering fashion enthusiasts worldwide.

Circular Fashion Advocacy

Circular fashion isn't just a buzzword; it's a philosophy that we deeply embrace. MOODAHUB will actively champion circularity by encouraging our users to extend the life cycle of their fashion items. Through our platform, we will facilitate the buying, selling, and swapping of pre-loved fashion items, reducing waste and encouraging sustainable consumption patterns. We will also provide resources and insights to help users make informed choices that align with circular fashion principles.

Fashion Brand Engagement

We understand that fashion brands wield immense influence over the industry's sustainability. MOODAHUB is committed to engaging fashion brands in constructive dialogues about their environmental impact. We will collaborate with brands to provide them with data-driven insights and solutions, enabling them to make informed decisions about sourcing, manufacturing, and distribution that reduce their carbon footprint and overall environmental impact. By fostering this collaboration, we aim to drive positive change at the industry level.

Consumer Awareness and Education

Empowering consumers with knowledge is pivotal to our mission. MOODAHUB will undertake comprehensive initiatives to raise awareness among fashion enthusiasts. Through our platform, we will offer educational content on sustainable practices, ethical sourcing, and the environmental and social consequences of fashion choices. We believe that an informed consumer is an agent of change, and we will equip our users with the knowledge they need to make responsible fashion decisions.

Supporting Sustainable Initiatives

Our commitment to sustainability extends beyond our day-to-day operations. MOODAHUB will allocate a portion of our profits to support NGOs and organizations actively engaged in sustainable fashion initiatives worldwide. These organizations are on the front lines of promoting ethical practices, environmental conservation, and social responsibility in the fashion industry. By contributing financially to their efforts, we aim to amplify the positive impact of these organizations and foster a global community of sustainability advocates.

Transparency & Accountability

Transparency is the bedrock of our commitment to sustainability and ESG. MOODAHUB will maintain a rigorous reporting process, regularly publishing comprehensive reports outlining our progress toward sustainability goals. These reports will provide transparent insights into our initiatives, impact assessments, and contributions to circular fashion and environmental responsibility. Our commitment to transparency ensures that we are held accountable for our actions and that we remain committed to achieving our sustainability objectives.

Continuous Improvement

Sustainability is a dynamic journey, and MOODAHUB is dedicated to continuous improvement. We will continually assess and enhance our initiatives, strategies, and practices to align with evolving best practices and the highest standards of sustainability within the fashion industry. Our journey toward sustainability is marked by adaptability, innovation, and an unwavering commitment to positive change.

This comprehensive ESG policy encapsulates MOODAHUB's deep commitment to making a meaningful and lasting impact on the fashion industry. We aspire to not only reshape fashion consumption but also inspire a collective movement toward sustainability, one where fashion is a force for good for the planet and its people.