Sustainability and Fast Fashion
from the Executive Perspective –
the Case of LPP S.A.
Sustainability and Fast Fashion
from the Executive Perspective –
the Case of LPP S.A.
Author(s): Dominika Hadro, Zofia Patora-Wysocka, Justyna Fijałkowska, Barbara Mróz-GorgońSubject(s): Business Economy / Management
Published by: Społeczna Akademia Nauk
Keywords: fast fashion; sustainability; letters to stakeholders; communication; topic modelling; latent Dirichlet allocation;
Summary/Abstract: Objective: This article aims to examine what the CEO of LPP S.A. discloses about sustainability and how sustainability topics vary over time in his communication with the stakeholders. Methodology: We use a machine learning-based topic modelling analysis, spe- cifically latent Dirichlet allocation and keyword analysis, to scrutinize the sus- tainability disclosure in the sustainability letters to the stakeholders of one of Poland’s biggest fast fashion companies, LPP S.A. Findings: The findings of this study suggest that more attention should be placed on sustainability topics in the letters to the shareholders. The informa- tion disclosed is selective and mainly aimed at transmitting a positive message. It lacks a comprehensive and holistic disclosure of information concerning sus- tainable activities that substantially impact environmental and social matters. Comparing the variation of topics year to year, there is a clear shift from dedi- cating the majority of space in CEO letters to the stakeholders to social topics toward a broader discussion about the environment and responsible energy consumption in the most recent letter. Value Added: The study contributes to the sustainability communication lit- erature by identifying specific sustainability topics disclosed by the analyzed company in its direct message from the CEO to stakeholders that have been very limited and selective, thus underscoring the limited importance assigned to this topic by the CEO, thereby questioning the transparency concerning one of the most critical areas of fast fashion impacts. Recommendations: To keep the stakeholders informed and maintain the trans- parency of actions and accountability of the disclosure, it is necessary to pres- ent the information holistically and comprehensively in the message directed by the CEO to the stakeholders.
Journal: Journal of Intercultural Management
- Issue Year: 15/2023
- Issue No: 3
- Page Range: 148-178
- Page Count: 31
- Language: English