Fashion Gets Greener: Major Brands Race to Decarbonise

June 20, 2024 EcoVadis EN


Prominent fashion brands are partnering on a groundbreaking financing initiative to expedite the decarbonisation of their global supply chains, which are responsible for approximately 99% of the industry’s total greenhouse gas emissions.

The Future Supplier Initiative, facilitated by The Fashion Pact in collaboration with the Apparel Impact Institute, Guidehouse, and DBS Bank, will offer a collective financing model and technical support to assist suppliers in major manufacturing hubs in transitioning to renewable energy and adopting low-carbon technologies.


Read the full article at: brandingforum.org

Read more...

About the Author

EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
Previous Article
Fairtrade releases 2023 annual report
Fairtrade releases 2023 annual report

Entitled “Driving the fairness agenda,” the Annual Report highlights the achievements of the Fairtrade syst...

Next Article
The Corporate Sustainability Due Diligence Directive beyond Europe
The Corporate Sustainability Due Diligence Directive beyond Europe

The recent adoption of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) has been highlight...