Economic Drivers of Sustainability in the Textile Industry

The economic drivers of today's enterprises include the efficient use of resources (natural and other), while maintaining good economic results. This perspective is essential today for maintaining corporate competitiveness within the industry and internationally. This paper focuses on assessing the relationship between economic value added (EVA) and resource productivity. The textile industry is one of the most resource-intensive and globally interconnected industries. This industry is also facing growing pressure to integrate sustainability. An empirical analysis of companies in the textile industry in the Czech Republic has shown that companies with positive economic value added (EVA) not only achieve higher profitability but also exhibit a more sustainable long-term management style, as measured by resource productivity. Although average resource productivity values indicate different levels depending on EVA creation, this fact could not be statistically confirmed.