Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Innovation
• Environmental Impact (Carbon Emissions, Waste, Water)
• Social Impact (Fair Labor Practices)
• Governance (Collaboration, Transparency)

Environmental Achievements

• Supported 165 innovators developing sustainable solutions across the supply chain.
• Conducted 219 pilots and projects leading to 184 commercial implementations.
• Facilitated €600M+ capital committed to sustainable fashion innovations.

Social Achievements

• Focused on diversity, equity, and inclusion in scouting and supporting innovators.
• Worked with innovators to improve labor standards and working conditions across the supply chain.
• Established a global network of partners committed to sustainable fashion.

Governance Achievements

• Pioneered collaborative innovation in the fashion industry.
• Developed a transparent and accountable approach to measuring progress and impact.
• Created a platform for knowledge sharing and collaboration among industry stakeholders.

Climate Goals & Targets

Environmental Challenges

• Scaling sustainable innovations across the fashion supply chain.
• Securing sufficient funding for early-stage and mid-stage innovations.
• Building a circular infrastructure for textile waste management.

Mitigation Strategies

• Developed an innovation platform to support innovators through various stages of development.
• Established investment vehicles (direct investment, venture capital fund, Good Fashion Fund) to address the financing gap.
• Launched foundational projects to address specific challenges in the supply chain (e.g., circular polybags, tracing sustainable viscose).

Supply Chain Management

Responsible Procurement

• Supporting innovators developing sustainable materials and processes.

Climate-Related Risks & Opportunities

Opportunities

• Development of next-generation sustainable materials and processes.

Reporting Standards

Frameworks Used: The Five Good’s™ Framework

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• PVH Corp. Dress Furnishings Group reduced the thickness of polybags, resulting in a reduction in 200 tonnes of plastics used.
• Nike runs polybag collection schemes at their distribution centres in North America, sending the used polybags to a plastic reclaimer who recycles them into branded shopping retail bags.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Hundreds of billions of polybags are estimated to be produced for the fashion industry every year, although it is not precisely known what the scale of the packaging footprint is. However, it forms only a very small part of the overall impact of a garment lifecycle.
• Even though the plastic currently used – LDPE (low density polyethylene) is technically recyclable, the recycling rate could be much better, and contaminants such as ink and paper limit the use of the recycled material in many products.
• Incoming policy changes may encourage brands to move towards packaging that is recyclable or contains recycled content.
• Many small brands are being left behind in most packaging impact initiatives.
• Lack of information available about choices that can be made and action that can be taken.

Mitigation Strategies

• Reducing the amount of material used in polybags.
• Creating a closed loop system (by collecting and recycling or composting).
• Decoupling from fossil resources.
• Incorporating recycled content into polybags.
• Using bio-based LDPE.
• Exploring compostable packaging.
• Exploring reusable packaging.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing polybags with recycled content.
• Sourcing polybags made from bio-based LDPE.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Policy changes requiring recyclable packaging.

Opportunities

• Development of more sustainable packaging materials.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Circular Economy
• Environmental Impact
• Social Impact
• Innovation

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Lack of investment to scale new sustainable solutions.
• Misaligned incentives in the fashion industry.
• Limited awareness of investment opportunities.
• Absence of a structured innovation process.
• Lack of experience and technical expertise in evaluating sustainable fashion innovations.
• Incorrect perceptions regarding pricing and externalities of sustainable solutions.
• Inadequately structured exclusivity agreements hindering broader scaling.

Mitigation Strategies

• Collaboration among stakeholders (brands, investors, supply chain partners, public sector).
• Creation of targeted consortiums and a structured innovation process.
• Stronger advocacy and hands-on support from brands.
• Increased engagement and ownership from supply chain partners.
• Focused use cases and practical implementation plans from innovators.
• Mobilization of more investment and new types of capital.
• Stronger policy frameworks and mechanisms from the public sector.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and processes.

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), Five Goods framework

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• New materials, processes, and business models

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Social Impact

Environmental Achievements

• Mapped solutions to decarbonize the fashion industry with a combined GHG emissions reduction potential of 2.5 Gt CO2eq by 2050; 1.2 Gt from existing solutions, 1.0 Gt from innovative solutions, and 0.3 Gt from other solutions.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Insufficient financing to decarbonize the industry by 2050.
• Industry fragmentation hindering collaborative efforts.
• Lack of awareness of financial opportunities.
• Creditworthiness issues for production facilities.
• Difficulty deploying capital in emerging markets.
• Small project sizes unattractive to investors.
• Long innovation cycles and high capital intensity.
• Misaligned incentives and unequal power relations.
• Externalities not priced in.

Mitigation Strategies

• Recommendations for concerted action by financiers, manufacturers, brands, philanthropy, and governments to create attractive, impactful, and understandable projects for investors.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Scaling sustainable materials and processes, including recycled fibers and organic cotton.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and processes, renewable energy adoption.

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol’s Corporate Accounting and Reporting Standard, Science Based Targets initiative (SBTi)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through emissions reduction, resource efficiency, and sustainable material use.

Sustainable Products & Innovation

• Next-generation materials (recycled fibers, bio-based materials), dry processing technologies.

Awards & Recognition

• Not disclosed