Apparel Impact Institute (Aii) published new research, The Cost of Inaction – The Financial Risks of Delaying Decarbonization in the Apparel Industry, a landmark analysis shifting the climate narrative from corporate responsibility to financial necessity. Drawing on strategic insights from ten leading global apparel brands, the report illustrates how climate risks are increasing costs for companies in the fashion industry, with the potential to affect bottom lines by up to 34% in 2030 and up to 67% by 2040. This report transforms climate risk into financial terms, quantifying the growing…
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Aii Announces The PVH Foundation as the Newest Lead Funder to the $250M Fashion Climate Fund
Apparel Impact Institute (Aii), the nonprofit organization dedicated to mobilizing climate action in fashion, today announced that The PVH Foundation is joining the catalytic $250M Fashion Climate Fund as a lead funder. This advances the Fund’s aim to drive industry-wide convergence to modernize the fashion industry supply chain and meet the industry’s ambition to halve carbon emissions by 2030. The PVH Foundation, which leads the global philanthropic efforts of PVH Corp. (NYSE: PVH), is the newest addition to the Fashion Climate Fund. PVH, which owns iconic brands such as Tommy Hilfiger…
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