The fashion industry has raised its collective climate ambition updating its science-based emission reduction targets.
Forming a special charter developed together with the UN, the fashion industry’s new commitments, forming a plan aligned with the Paris Agreement, were announced at COP26 in Glasgow.
The Fashion Charter calls for companies to set Science Based Targets or halve their emissions by 2030, with a pledge to achieve net zero emissions no later than 2050.
Previously, companies targetted 30% aggregate greenhouse gas emission reduction by the end of this decade.
Nearly 130 companies and 41 organisations have already joined the group, including brands such as Burberry, H&M Group, adidas, Chanel, Nike and PUMA.
Stefan Seidel of PUMA, who Co-Chairs the Fashion Industry Charter Steering Committee, said: “This is an important milestone for the Fashion Charter, as it increases the ambition level in an effort to align the industry with 1.5°C.
“It is a signal that we need to work closely together with our peers, our supply chain, policymakers and consumers to get on track to net zero.”