Apparel Impact Institute Announces HSBC as New Funder to the Fashion Climate Fund

Apparel Impact Institute (Aii) announces HSBC as a new philanthropic funder to its $250M Fashion Climate Fund (FCF). HSBC is pledging an initial $4M over the next three years and will also aim to provide sustainability and trade finance expertise to support the FCF’s mission of driving industry-wide convergence to modernize apparel and footwear supply chains to meet the industry’s ambition to halve carbon emissions by 2030. As outlined in the recent report, “Unlocking The Trillion-Dollar Fashion Decarbonisation Opportunity: Existing And Innovative Solutions,” co-authored by Aii & Fashion for Food…

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Aii Announces Lead Funders for New $250M Fashion Climate Fund, Uniting Brands, Philanthropic Donors, and Industry Stakeholders

Apparel Impact Institute (Aii), the nonprofit organization dedicated to operationalizing and accelerating climate action and sustainability solutions in fashion, announced today the lead funders in its new $250M Fashion Climate Fund: Lululemon, H&M Group, H&M Foundation, and The Schmidt Family Foundation. Aii and its lead partners have established the Fashion Climate Fund to drive collective action to tackle fashion’s supply chain emissions. By leveraging a first-of-its-kind collaborative funding model for fashion between philanthropy and corporate entities, the Fund could unlock an estimated $2B in blended capital across various asset classes,…

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Renewable Energy Pilot Launch In Vietnam’s Apparel Sector

The Apparel Impact Institute (Aii), the Clean Energy Investment Accelerator (CEIA), and IDH – The Sustainable Trade Initiative are excited to announce the launch of a rooftop solar energy pilot project in Vietnam. The pilot introduces an aggregated procurement approach to enable greater use of clean energy in the apparel industry supply chain.  Major brands, Arc’teryx, Columbia, Gap Inc., Icebug, lululemon and Target Corporation, are demonstrating their leadership through this pilot, which aims to bring together 10-20 manufacturing suppliers into a group request for proposals (RFP) process for rooftop solar…

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