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.
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