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Corporate governance

Global Fashion Agenda is a Copenhagen-based non-profit organisation that mobilises and guides the global fashion industry to take urgent action on sustainability. Funding for our activities comes from both the public and private sectors across five key areas: partners (Strategic and Associate), sponsors, Summit ticket sales, public funding and grants.

Our corporate governance structure encompasses the organisation’s board of directors and our steering committee of Strategic Partners.

 

BOARD OF DIRECTORS

The board of directors is Global Fashion Agenda’s executive body and signs off on the organisation’s budget and strategy. The board is made up of six to eight appointed international executive members, who have experience from the fashion industry or from other areas relevant to Global Fashion Agenda’s purpose. The chairman and the remaining members are elected at the annual general meeting based on the board’s nominations for a period of two years and can be re-elected. The board’s role, in addition to ensuring corporate governance and compliance, is to oversee that Global Fashion Agenda operates in a healthy manner in terms of the organisation, team, funding and overall objectives and activities. There are four board meetings annually and each member receives remuneration for their work.

 

STEERING COMMITTEE

The Global Fashion Agenda steering committee acts as the sounding board by providing essential leadership to support Global Fashion Agenda’s mission and comprises two senior representatives from each Strategic Partner company. Our Strategic Partners are a small group of hand-picked companies, representing different market segments and geographies, who lead by example in their dedication to drive sustainable progress. Each company contributes a fixed amount of money annually. The Steering Committee convenes three times a year.

Board of directors