Climate Change news and archive

H&M Group invests in Rondo Energy to further strengthen their climate strategy

Swedish fashion giant H&M Group is partnering with Rondo Energy, a leading provider of zero-carbon industrial heat and power, to research the potential of applying heat storage technologies in its supply chain. In addition, H&M is also investing in Rondo and joining its strategic investor advisory board (SIAB) to further assist Rondo in...

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M&S announces 1-million-pound investment for net zero goals

British retailer Marks & Spencer has launched a 1-million-pound Plan A Accelerator Fund to invest in projects to help it achieve its net zero goals by 2040. M&S said it was turning its “market-leading approach to innovation to tackle climate change,” to reduce scope 3 emissions and become a net zero business across all its operations and entire...

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Why should the fashion industry pay attention to climate change litigation and upcoming legislative proposals on environmental claims

Brussels - In recent years, many NGOs and citizens brought legal action against governments in the EU and multinationals for either failing to sufficiently reduce their Greenhouse gas (“GHG”) emissions (so-called “climate change litigation”) or for misleading consumers when making environmental or sustainability claims. Written by Lucas Falco...

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Global Fashion Agenda presents industry efforts toward net-positivity in GFA Monitor

Non-profit Global Fashion Agenda (GFA) has released the 2023 edition of its GFA Monitor at the beginning of the UN Climate Change Conference (COP 28) on Thursday. GFA’s mission it is to accelerate impact to create a net positive fashion industry. The organisation will host a session on 5th December dedicated to the fashion sector at the event to...

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Amid climate change concerns, consumers willing to pay more for sustainable products

Amid growing global concern over extreme weather and its environmental repercussions, Bain & Company has released new research indicating that over 60 percent of businesses are falling short of their current sustainability goals. Notably, an increasingly conscientious consumer and employee base may play a pivotal role in this process. Bain’s...

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Neiman Marcus Group commits to science-based climate targets

Neiman Marcus Group has committed to the Science-Based Targets initiative (SBTi) and become a sponsor for the Supplier Leadership on Climate Transition (Supplier LOCT) program to support its brand partners in addressing challenges concerning climate change. The move, part of the group's broader environmental, social, and governance (ESG)...

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REI sets science-driven climate goals as it turns to renewable energy

REI Co-op is solidifying its environmental pledge to decarbonize its supply chain as it seeks to shift to 100 percent renewable energy through using credits. Earlier this week, the outdoor retailer received approval for its net-zero targets from the Science Based Target Initiative (SBTi), a global body that aids businesses in setting emission...

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New UN reports show how fashion industry can lighten its carbon footprint

The UN Climate Change’s Fashion Industry Charter for Climate Action has released two reports designed to assist the fashion sector in comprehending strategies to mitigate greenhouse gas emissions across the entire spectrum of raw material activities. Lindita Xhaferi-Salihu, Sector Engagement Lead at UN Climate Change, praises these reports as...

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The world is falling short to achieve the UN's Sustainable Development Goals by 2030

The UN Secretary General has released a report updating progress made towards the Sustainable Development Goals (SDGs) indicator framework since 2015, as the world reaches the halfway point towards 2030. Unfortunately, the report paints a bleak picture, with only about 12 percent of the roughly 140 targets with data on track, close to half...

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Fashion's growth is surpassing sustainability efforts, says report

Growth in the fashion industry is hampering sustainability targets as environmental impact from brands, retailers and manufacturers remains high. Current reductions in carbon footprints, water usage and embracing circular businesses is far slower than the rate of growth. The UK Government has announced policies and proposals to decarbonise all...

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Richest consumers need to reduce fashion consumption to fight climate change

Consumers from countries including the UK, US, Germany, and Japan need to reduce their carbon footprint from fashion consumption to align the fashion industry with the 1.5°C temperature target of the Paris Agreement. Following COP27, the Hot or Cool Institute and the Rapid Transition Alliance have released the ‘Unfit, Unfair, Unfashionable:...

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Fashion’s role at COP27: A unanimous call for holistic targets, investment and collective action

Global Fashion Agenda (GFA) – the non-profit organisation that fosters industry collaboration on sustainability in fashion to accelerate impact - worked to place fashion on the COP27 agenda during the first week of the conference in Sharm El Sheikh. GFA presented three insightful events that brought together a range of industry experts to...