What is Fashion on Climate?
Fashion needs to act on climate. If we continue on our current path, we will miss our 2030 emissions reduction targets by 50%, leading to accelerated global warming. From rising sea levels, to extreme rainfall and more powerful heatwaves, the consequences of climate change can no longer be ignored, either by society or the fashion industry, which will see many impacts on its operations in the years ahead.
Fashion on Climate presents the fashion industry’s impact on climate change. With analysis on the GHG emissions, it outlines areas in which industry players can focus their efforts to meet climate targets.
It offers insight into the industry’s potential for decarbonisation and calls on all stakeholders, including brands, retailers, manufacturers, citizens, investors, and policy makers to play their part in setting the fashion industry on the 1.5-degree pathway. Only by daring to change, collaborate and embrace new ways of operating can we, together, transform the industry and prevent further global warming.
Together with our Strategic Knowledge Partner, McKinsey & Company, we create thematic deep-dives focused on specific sustainability topics. To realise our vision and support industry sustainability efforts, we develop common industry fact-bases and demystify complexities to guide and mobilise the industry to take bold action on sustainability.
The Pulse Report was co-developed with Boston Consulting Group (BCG), a global management consulting firm and one of the world’s leading advisor on business strategy, and Sustainable Apparel Coalition (SAC), the coalition that has developed the Higg Index, a suite of tools that standardises value chain sustainability measurement for all industry participants.
According to the Pulse of the Fashion Industry 2018 report, the industry’s performance remains weak. The Pulse Score is 38 out of 100. In the past year, it improved by six points. The Pulse Survey, which covers the perspectives of decision-makers from all industry segments, confirms that the sustainability agenda became increasingly prominent in shaping the corporate agenda. Of the executives polled, 52% reported that sustainability targets provided guidance for almost every strategic decision they made—an increase of 18 percentage points from last year. While encouraging, these results also indicate the need for still more movement toward increasingly responsible practices.
The Pulse of the Fashion Industry 2017 Report explores alternative business models for how clothes could be made, distributed and consumed based on a proposed ‘landscape for change’ including 40 possible ways to increase industry sustainability performance. We looked at materials including cotton and polyester and chose to highlight the intrinsic dilemmas that need to be considered for every material choice. The report aims to inform its readers about both the opportunities and the ramifications of substituting conventional cotton. As stated in the report “the proposed landscape is a first attempt to sketch out the spectrum of options available. It is meant to invite further input and rich discussions during the coming year.” Similar to this, the Pulse report also quantified a number of initiatives to help demonstrate the possible value to be captured if the industry would start to act immediately on selected topics. The examples used under each change lever served an illustrative purpose and were not straightforward recommendations as such.