Companies in the Fashion Industry Charter for Climate Action are making promising strides when it comes to climate action, with more than 80% of them publicly reporting on their progress in line with their commitments, according to a new report jointly released today by UN Climate Change and CDP.
The report looks at how companies in the Fashion Charter are meeting their climate commitments based on three years of reporting, underscoring the urgency of action needed to tackle the industry’s massive carbon footprint.
The report shows some progress has been made – such as complying with basic reporting requirements, disclosing more climate-related information and collaborating with each other – but the sector still has a long way to go.
According to the report, some companies are making good on their climate commitments, demonstrating ample opportunities to reduce emissions across their supply chains, but others are falling short in their efforts to drive down emissions.
“It’s critical for the fashion industry to come together and align its actions, both within individual companies and across the entire supply chain, to pave the way for the sweeping changes that are needed to address the climate crisis,” said Lindita Xhaferi-Salihu, Sector Engagement Lead with UN Climate Change. “By working collaboratively, companies can begin the hard work of slashing emissions and transforming the sector towards a renewable and low-emissions future. The goal is clear: achieve meaningful progress by 2030 and set a new standard for what it means to be a sustainable, responsible, and innovative industry.”
