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)