- Background: Holt Renfrew, Selfridges & Co, de Bijenkorf, Brown Thomas Arnotts and Nordstrom have signed the G7 Fashion Pact pledging to improve sustainability standards across the retail industry.
- Description: Presented to heads of state at the Biarritz G7 Summit in Aug. 2019, the Pact focuses on action in three essential areas for safeguarding the planet: stopping global warming, restoring biodiversity and protecting the oceans. In support of the urgent need to focus on the effects of climate change the IGDS members have joined with 31 other industry leading players to launch an unprecedented movement. This landmark coalition started in April 2019, ahead of the G7 meeting, when the French President Emmanuel Macron, gave François-Henri Pinault, Chairman and Chief Executive Officer of Kering, a mission to bring together the leading players in fashion and textiles, with the aim of setting practical objectives for reducing the environmental impact of their industry.
- Impact: To use Science-Based Targets (SBTi) to take action in three essential areas for safeguarding the plane: Reducing greenhouse emission to zero by 2050, restore biodiversity, and protect the oceans by reducing the fashion industry’s negative impact through practical initiatives, such as gradually removing the usage of single-use plastics.
Photo courtesy of Emanuele Scorcelletti for The Fashion Pact