Why Fashion Brands Are Doubling Down On Sustainability The Bu For luxury executives including kering chief executive officer françois henri pinault, 2020 was the year in which the industry forever changed. amid the arri. Save. for luxury executives such as kering chief executive officer françois henri pinault, 2020 was the year in which the industry forever changed. amid the arrival of the coronavirus, companies.
Why Luxury Fashion Brands Say They Are Doubling Down On Sustainabil Why fashion brands are doubling down on sustainability. for luxury executives including kering chief executive officer françois henri pinault, 2020 was the year in which the industry forever. With fashion still responsible for between 3 percent and 8 percent of total greenhouse gas emissions, a mix of short and long term strategies can help companies address the climate challenge. companies, for example, may look to de risking the value chain and revamping structural and operational legacies, or doubling down on sustainability. The fashion pact, signed in 2019, has a commitment to use just 25 per cent low impact materials by 2025, while other major luxury brands lack any targets in this area. (the un fashion charter does include a commitment for 100 per cent of “priority materials” – such as cotton, viscose, polyester, wool and leather – to be low impact by 2030.). The inaugural bof sustainability index benchmarks the performance of fashion’s largest companies against ambitious environmental and social goals that must be achieved in the next decade. download the full report 'the sustainability gap' here. on april 14 2021, bof will convene leading sustainability experts and global thought leaders for a 3.
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