Report Presents Decarbonization of Fashion Industry as $1T Investment Opportunity

January 10, 2022 EcoVadis EN


A new report — co-authored by Fashion for Good and the Apparel Impact Institute (Aii) and sponsored by HSBC — for the first time charts a trajectory for the industry to meet the net-zero ambition, mapping the integral levers across existing solutions such as renewable energy, and emerging innovations such as next-generation materials and circular and other end-of-life solutions for textiles. Estimating an investment opportunity of $1 trillion to finance the transition, the report breaks down the funding needed by solution category and identifies the types of funders best placed to take advantage of the opportunity and benefit from the positive returns.



Read the full article at: sustainablebrands.com

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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.

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