Published Paper Details:

The fast fashion industry, known for its speedy production cycles and global supply chains, operates within a framework characterized by a constant push for affordable clothing. In this industry, Corporate Social Responsibility (CSR) stands pivotal in Company Law, representing a commitment to ethical and responsible business conduct. A complex intersection exists between company law and CSR in fast fashion companies, and there are several legal challenges, corporate obligations, and emerging issues. The Company law imposes multiple obligations on certain corporations, including fast fashion corporations, emphasizing legal responsibilities related to ethical sourcing, fair labour practices, and environmental sustainability. However, despite mounting pressures, a contrast exists as companies in developing nations predominantly engage in CSR activities for financial gain rather than genuine social welfare and environmental benefit. This behavior often results in superficial engagement or "greenwashing," where CSR becomes more of a marketing tool than a catalyst for sustainable development. Focusing on the Companies Act of 2013, the research elaborates on its provisions mandating certain companies meeting specific financial criteria to allocate funds toward CSR activities. Emphasizing legal compliance and transparency, the Act requires the formation of committees responsible for overseeing CSR activities, assigning funds, and annual reporting. The Act is a benchmark for companies contributing to societal welfare and ethical business practices. Exploring the regulatory compliance and company governance aspects, the study highlights their crucial roles in shaping CSR practices. These elements influence how fast fashion corporations meet ethical and sustainable standards while adhering to legal frameworks. Company governance structures ensure CSR strategies are integrated into operations and decision-making processes, promoting accountability and ethical conduct. Consumer rights and corporate transparency within fast fashion are addressed, emphasizing legal obligations to provide accurate product information and build honest relationships with consumers. Challenges in corporate transparency, deceptive practices by leading fast fashion brands, and the environmental and ethical implications within the industry are also discussed. The progress in aligning with sustainable practices highlights the significance of legal consequences and advantages of successful CSR implementation. While acknowledging challenges in enforcement, monitoring, and varied levels of commitment, the study emphasizes the need for reinforced compliance mechanisms and industry-wide standards to enhance the effectiveness of legal provisions in fostering CSR in the fast fashion industry. It underscores the importance of ongoing improvements, adaptability, and a collective commitment toward a more sustainable and ethical future for the fashion industry