COP26: Fashion industry renews climate commitments

Fashion companies have committed to halving their emissions by 2030

Net Hero Podcast

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 targeted 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.”