Following news of questions arising at the recent UITIC Congress about the possible effect on the running of the Leather Working Group (LWG) of the acquisition by Eurofins of BLC Leather Technology, the LWG has insisted there will be “no material change” to the way it runs.
In a statement, the LWG said an executive committee provides governance of the group and that the committee comprises four brands, four leather manufacturers and one industry supplier, all of whom must meet strict criteria to be eligible for election by the membership. BLC is the contracted facilitator for the group, providing management on behalf of the executive committee.
The Leather Working Group was founded in 2005 by a small group of brands and leather manufacturers with the sole objective of improving environmental standards in tannery operations. A spokesperson added: “The LWG is a not-for-profit, membership-based organisation that is governed by its members for its members.”
The statement continued by saying that the group has always subscribed to an anti-trust philosophy and members are assured that meetings and discussions are member-privileged only. “In addition, a company’s involvement and membership of LWG does not give any other member or company associated with the LWG insight into their strategic intentions or ways of working,” it said.
Information courtesy of Leatherbiz