At COP27 in Sharm El Sheikh, Global Fashion Agenda (GFA) and the United Nations Environment Programme (UNEP) announced they are partnering to launch the Fashion Industry Target Consultation – seeking public input on cohesive and measurable fashion industry impact targets as the industry looks to lower its climate impact.
The Fashion Industry Target Consultation will aim to identify and converge existing industry-aligned targets, according to the five priorities of the Fashion CEO Agenda: Respectful & Secure Work Environments, Better Wage Systems, Resource Stewardship, Smart Material Choices and Circular Systems. Moreover, the Consultation will seek to formulate new targets where they are not currently covered – such as criteria for purchasing practices and circular design – to establish a route towards a net-positive fashion industry.
The new Consultation will be a multi-stakeholder project. Together, GFA and UNEP are inviting stakeholders and partners from across the global value chain including brands, retailers, NGOs, manufacturers, data providers, innovators, intergovernmental organisations, policymakers, and more to share their insights on the performance indicators and milestones that the industry must strive to meet, and importantly to gauge what tools and support are needed by these actors to take action.
Federica Marchionni, CEO, Global Fashion Agenda, says: “We know that addressing the complex matrix of environmental and social issues prevalent in the fashion industry can feel insurmountable – especially when acting in isolation – which is why we at Global Fashion Agenda recognise the unparalleled value of collaboration. We are delighted to be working with UNEP and to capture the broader industry’s direction for targets that will accelerate the fashion industry forward, united in its purpose for a net positive industry.”
Sheila Aggarwal-Khan, director, economy and industry division, UNEP, adds: “Addressing climate change, pollution, and biodiversity loss requires a collaborative and holistic approach. Together with partners within the United Nations and beyond, UNEP works to ensure a just and effective transition to circularity in which all stakeholders participate. UNEP welcomes this unique opportunity with GFA to consult with the textile sector, including on circularity, chemicals in products, gender, worker protections, and business models to ensure all voices are understood and inform ambitions.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData