Goldwin has become the third Japanese company to join The Fashion Pact which was launched in August 2019 during the G7 summit in Biarritz, France to share climate change, biodiversity and ocean protection commitments.
Goldwin’s inclusion in The Fashion Pact is said to align with its broader vision called ‘Play Earth 2030, that includes pledges towards promoting green design, realising a decarbonised society and fostering a recycling-oriented society.
Speaking on Goldwin’s decision to join The Fashion Pact its president Takao Watanabe said: “Our company has been making products mindful of environmental issues for 30 years. Nonetheless, the negative impact the fashion industry has on the environment remains so big that there arises a need for measures to stop subsequent environmental destruction and create changes toward a nature-positive environment.”
The Japanese company’s own targets for improving the environment include:
- Promoting green design: Increasing the percentage of products using environment load-reducing materials to 90% or more by 2030 and 100% by 2050
- Realising a decarbonised society: Aiming to achieve carbon neutrality in all its offices and directly managed stores by 2030 and in its supply chain by 2050
- Realising a recycling-oriented society: Seeking to realise a recycling-oriented society by reducing disposals of products and materials to zero by 2030 and slashing such disposals, including in its supply chains to zero by 2050.
Watanabe continued: “As we agree with the vision of ‘The Fashion Pact’ which is a global initiative aiming for systemic changes in the whole industry, we have decided to take part in such efforts as a member of the organisation.
“We will contribute to ensuring a nature-positive, net zero future by sharing the objectives of ‘The Fashion Pact,’ participating actively in relevant discussions and activities, and coordinating with other members to take specific action to resolve problems.”
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By GlobalDataThe Fashion Pact has already attracted 60 founding companies predominantly from Europe and with the addition of Goldwin, stakeholders hope it will create a ripple effect within the Japanese fashion industry, encouraging more companies to embrace sustainable practices and align with global environmental goals.
The Fashion Pact aims to address critical environmental challenges within the industry, particularly focusing on:
- Climate change: Achieving 100% renewable energy across operations by 2023 and a 25% lower impact on key raw materials in 2025
- Biodiversity: Developing individual biodiversity blueprints, research and capacity building whilst supporting zero deforestation and sustainable forest management by 2025
- Ocean protection: Eliminating problematic and unnecessary plastic in B2C packaging by 2025 and B2B by 2030. Ensuring at least half of all plastic packaging is 100% recycled content, by 2025 for B2C and by 2030 for B2B.
The Fashion Pact boasts a diverse group of members including global fashion companies Kering, Chanel, Burberry, Nike, and Adidas.