Report

Sustainable style: How fashion can afford and accelerate decarbonization

Sustainable style: How fashion can afford and accelerate decarbonization

The fashion industry, responsible for 3-8% of global greenhouse gas emissions, faces increasing pressure to decarbonize. Despite commitments, two-thirds of brands are behind on their targets, with 40% seeing emissions rise. However, fashion could cut emissions by over 60% for just 1-2% of revenues. Key actions include focusing on material and energy transitions, building a robust roadmap, improving supply chain transparency, and collaborating with suppliers. Accelerating decarbonization is both affordable and crucial for the industry’s sustainability and brand value.

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