Vietnamese denim manufacturer SAITEX integrates environmental and social sustainability, transforming their business from linear to circular.
They have a highly efficient industrialised factory set-up, showing that social businesses do not need to be small or in the handicraft sector – they can be big, high-tech, and profitable while at the same time tackling all aspects of sustainability.
SAITEX provides people often excluded from society and the job market with work, equal pay, dignity and respect. One focus is on people with disabilities and youth from disadvantaged backgrounds. SAITEX has the ambition that these groups will make up more than 20% of the workforce by 2025.
Product: Home furnishing products from sustainable and natural materials such as jute, banana leaves and recycled fabric waste.
Participants: 4,000 people, 150 for IKEA in first phase.
- Social entrepreneurshipSocial entrepreneurship