Tag: Apparel Impact Institute

$2.5 Billion Available to Fund Sustainable Practices in India, According to New Report

Stuart Mitchell

Apparel Impact Institute (Aii), in collaboration with Development Finance International Inc. (DFI) and with support from HSBC, published the Landscape and Opportunities to Finance the Decarbonization of India’s Apparel Manufacturing Sector report, outlining solutions for mobilizing sustainable financing to support the decarbonization of India’s textile and apparel industry. Significant investment in renewable energy and energy efficiency interventions are required to reduce the absolute emissions of the fashion industry by 50% by 2030, the target set forth by the Fashion Industry Charter for Climate Change, which is operated under the United…

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Apparel Impact Institute Announces First Grant Recipients from its Climate Solutions Portfolio (CSP) to Promote Decarbonization in the Fashion Industry

Stuart Mitchell

Nonprofit organization Apparel Impact Institute (Aii) recently announced its first deployment of grants from its Climate Solutions Portfolio (CSP). This registry of proven carbon reduction solutions for the fashion industry is based on effectiveness, reach, scale, and cost, and represents the first deployed capital from Aii’s catalytic Fashion Climate Fund. These grants are funded by philanthropic contributions from the Fashion Climate Fund’s lead partners including H&M Foundation, H&M Group, Lululemon, The PVH Foundation, Target and the Schmidt Family Foundation, and will provide $250M to de-risk and accelerate proven decarbonization solutions…

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Apparel Impact Institute Announces Target Corporation as a New Lead Funder to the $250M Fashion Climate Fund

Stuart Mitchell

Apparel Impact Institute (Aii) has announced that Target Corporation is joining the $250M Fashion Climate Fund as a lead funder, spurring the Fund’s mission to unite industry stakeholders, mobilize climate action, and meet the fashion industry’s ambition to halve carbon emissions by 2030. Target Corporation, an original founding member of Aii, joins PVH Corporation, Lululemon, H&M Group, H&M Foundation, and The Schmidt Family Foundation, as the latest lead funder. Since Target Corporation first started working with Aii and its existing programs, including Clean By Design, the company has engaged more…

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Aii Announces The PVH Foundation as the Newest Lead Funder to the $250M Fashion Climate Fund

Stuart Mitchell

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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ZDHC Endorses Apparel Impact Institute’s Clean by Design Chemistry and Wastewater Management Programme

Stuart Mitchell

The Apparel Impact Institute (Aii) and the ZDHC Implementation Hub are collaborating under the Apparel Alliance partnership to accelerate impact and drive new efficiencies for the industry. Based on their core competencies and complementary efforts, the organisations are forming an alliance of resources and offerings for the global value chain. A first achievement is striving for full ZDHC endorsement of the Aii Clean by Design Chemistry and Wastewater Management Programme.  Clean by Design Chemistry is a programme for wet processing facilities designed to establish best practices and procedures for improving…

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