The Fashion Pact aims to serve as an unequalled catalyst: to drive massive investment in and adoption of low-carbon, biodiversity-friendly, and ocean-conscious ways of doing business across all of fashion. Launched at the occasion of the G7 summit in Biarritz in 2019, the Pact has grown from 32 signatories to 71 companies across 14 countries and 8 sectors in only one year.
Because of existing progress in sustainability in recent years, The Fashion Pact focuses on actions that go beyond existing industry measures. By endorsing existing initiatives such as the United Nations Fashion Industry Charter for Climate Action and building on guidelines such as the Ellen MacArthur Foundation’s work on plastics, we can leverage our clout as 30% of the industry to deliver additional impact and chart a path forward for all consumer goods manufacturing.
Fighting global warming: 40% of the energy consumed by all members is from renewable energy.
Reducing impacts on biodiversity: the coalition supports the initiative to develop "science-based targets" for nature to develop impact reduction strategies.
Taking action for the oceans: 70% of members have reduced their use of plastic packaging since joining and are currently working to implement the use of sustainable alternatives.
The fashion Pact is overseen by a steering committee composed of 15 CEO, working closely with the Operating Committee that is the CSO-driven implementation body within the coalition.
The first progress report of the coalition has been released in October 2020 outlines the structuring and progress of the coalition's work.
More information : thefashionpact.org
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