Ahead of the G7 Summit in Biarritz, 32 global fashion and textile companies have signed a Fashion Pact, in order to minimize the environmental impacts fashion and textiles have across oceans, climate and biodiversity.
Representatives of these companies have been invited at the Elysée Palace by French President Emmanuel Macron. The Fashion Pact will be presented to heads of state during the G7 meeting at Biarritz.
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The global fashion industry is one of the largest industries on the planet, and therefore it should play a pivotal role in leading the shift towards a more sustainable future.
The global challenges we are facing are complex. They know no borders. Only coalitions can overcome them, bringing together governments, business and civil societies. – said François-Henri Pinault, the chairman and CEO of Kering
The pact focuses on action in three essential areas:
1. Stop global warming: by creating and deploying an action plan for achieving the objective of zero greenhouse gas emissions by 2050.
2. Restore biodiversity: by achieving objectives that use Science-Based Targets to restore natural ecosystems and protect species.
3. Protect the oceans: by reducing the fashion industry’s negative impact on the world’s oceans through practical initiatives.
You can read the full text of the Fashion Pact here.
The Fashion Pact will be presented to heads of state during the G7 meeting at Biarritz.