Climate Change Data

The Mills Fabrica

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Biodiversity
  • Social Impact
  • Sustainable Supply Chains

Environmental Achievements

  • Circ recycled over 114,000kg of polycotton textile waste, contributing an estimated reduction of 194,500kg of carbon emission equivalent.
  • Mango Materials displaced 1.4 tonnes of plastics with their PHA and avoided 836kg of greenhouse gas emission equivalent.
  • Unspun's Vega™ technology achieved >50% emissions reduction compared to traditional weaving.
  • Colorifix earned Oeko-Tex Eco Passport certification.

Social Achievements

  • Launched various initiatives to support and empower innovators in the techstyle and agrifood industries.
  • Hosted over 360 Fabrica Happenings, engaging over 45,000 individuals.
  • Supported 28 winners from student competitions.
  • Good Fashion Fund supported Progress Apparel and Pratibha Syntex in improving working conditions and reducing environmental impact.

Governance Achievements

  • Implemented a tailored impact management process throughout the investment lifecycle.
  • Nominated Circ and Colorifix for The Earthshot Prize.
  • Partnered with various organizations to promote sustainability and innovation.

Climate Goals & Targets

Environmental Challenges

  • Growing issue of "Waste Colonialism"
  • Need to shift away from single-use plastic packaging
  • Challenges in scaling up innovative technologies
  • Need to increase awareness of socioenvironmental issues
Mitigation Strategies
  • Investing in upstream innovations to transform supply chains
  • Supporting innovations that align with planetary boundaries
  • Providing resources and support to innovators through incubation programs and partnerships
  • Organizing events and campaigns to raise awareness and foster collaboration

Supply Chain Management

Responsible Procurement
  • Supporting suppliers committed to sustainability
  • Promoting circular economy practices

Climate-Related Risks & Opportunities

Opportunities
  • Development of sustainable products and services
  • Investment in renewable energy technologies

Reporting Standards

Frameworks Used: Planetary Boundaries, IRIS+, GRI

Certifications: B Corp (Circ, Mango Materials), Oeko-Tex Eco Passport (Colorifix)

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)
  • SDG 9 (Industry, Innovation, and Infrastructure)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 13 (Climate Action)

Initiatives contribute to these goals by promoting sustainable materials, reducing waste, and mitigating climate change.

Sustainable Products & Innovation

  • Circ's recycled materials
  • Mango Materials' PHA biopolyester
  • Unspun's 3D woven textiles
  • Colorifix's natural dyes
  • Modern Synthesis' nanocellulose-based materials

Awards & Recognition

  • Dezeen’s Material Innovation of the Year Award (Colorifix)