In the 2017 Pulse of the Fashion Industry report, the Boston Consulting Group and Global Fashion Agenda polled over 90 senior managers responsible for sustainability issues across a range of fashion firms to identify which barriers prevent progress and which stakeholders should take responsibility. The poll showed that the main barriers to progress on sustainability span from consumers’ willingness to pay, a lack of regulations and a failure to collaborate. Read more
Coal-fired power plants produce almost 40% of global electricity today, making carbon pollution from coal a leading contributor to climate change. Kering, a strategic partner of Global Fashion Agenda, has joined the Powering Past Coal Alliance, a coalition uniting governments, businesses and organisations to accelerate clean growth and climate protection through the rapid phase-out of traditional coal power. Under the Alliance, Kering commits to powering its operations without coal and to supporting clean power through corporate policies, in order to restrict the financing of traditional coal power without carbon capture and storage. Read more
Come May 2018, Copenhagen Fashion Summit will see the launch of a revamped format. As a result, the global multi-stakeholder event will expand to two days, allowing more time to explore the many Summit components, including the new Innovation Forum, which boasts more than 50 sustainable solution providers. Read more
Today, the organisers of the leading student sustainability event, the Youth Fashion Summit, launch a partnership with the United Nations Global Compact. The partnership takes form as a two-year student programme which sets out to challenge the 100 most talented students in the fashion industry to create a framework for the industry on how to reach two of the Sustainable Development Goals (SDGs), namely SDG 3 and SDG 5. Read more
Last week, Global Fashion Agenda travelled to Hong Kong to co-host the Pulse Supplier Forum with our strategic adviser Li & Fung. The full-day forum featured some lively discussions on how collaboration between manufacturers and brands can and should drive social and environmental sustainability in the supply chain. Read more
Tuesday evening, Global Fashion Agenda travelled to London to participate in the release event for the report A new textiles economy: Redesigning fashion’s future by the Ellen MacArthur Foundation. Co-hosted by Stella McCartney, the event boasted a speaker line-up consisting of the foundation’s Circular Fibres Initiative partners, including our CEO Eva Kruse. Read more
Today’s linear "take, make, dispose" economic model, which sends too many garments to landfills and incinerators, is simply not sustainable. Globally only 20% of clothing is collected for reuse or recycling and waste from the fashion industry is projected to increase, bringing the total to 148 million tonnes by 2030. Signatories commit to defining a circular strategy, setting targets for June 2020 and reporting on the progress of implementing the commitment. Global Fashion Agenda will support the brands in implementing the commitment through knowledge sharing, policy engagement and by facilitating industry alignment. The deadline for signing the 2020 Circular Fashion System Commitment Letter is 31 December 2017. Click here to sign up!
In an effort to galvanize collective action in the apparel and footwear industry, a group of industry leaders including the Sustainable Apparel Coalition, the Sustainable Trade Initiative, Target, PVH Corp., Gap Inc. and HSBC Holdings plc, launched the Apparel Impact Institute in October to advance projects with significant environmental and social promise. The institute will work with brands and manufacturers to select, fund and scale projects that dramatically improve the sustainability impact of the apparel and footwear industry. Despite widespread awareness of the environmental hazards within the apparel and footwear industry, only a few of the pilot projects designed to reduce impacts operate on a scale that meets the critical environmental and social outcomes that brands and consumers demand. Read more here.
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