At Copenhagen Fashion Summit 2017, Global Fashion Agenda called on fashion brands and retailers to sign a commitment to accelerate the transition to a circular fashion system. We outlined four immediate action points to accelerate the transition to a circular fashion system:
-Action point 1: Implementing design strategies for cyclability
-Action point 2: Increasing the volume of used garments collected
-Action point 3: Increasing the volume of used garments resold
-Action point 4: Increasing the share of garments made from recycled post-consumer textile fibres
By the 30 June 2017 deadline, 64 companies and corporations had signed the 2020 Circular Fashion System Commitment representing a total of 142 brands and 7.5% of the global fashion market. Signatories commit to setting targets in one or more of these four action points for 2020 and to annually report on their progress. Global Fashion Agenda will support the brands in implementing the commitment through knowledge sharing, policy engagement and by facilitating industry alignment.
SIGNATORIES & TARGETS
The signatories have set their individual targets for 2020 with the minimum requirement of setting a target for 2020 on one or more of the four action points. Global Fashion Agenda and BSR have provided guidance to signatories on setting targets; however, it is up to the individual companies to set their own strategy and ambition level. A progress report will be published in May 2018 highlighting the signatories’ activities and progress in reaching their targets. The signatories’ targets can be viewed by clicking on the below logos.