New Report Details Financing to Drive the Industry to Net-Zero

Recent studies estimate more than 2% of the global greenhouse gas emissions stem from the fashion industry. With the global average temperatures projected to rise by 3 degrees Celsius this century – well beyond the 1.5 degrees Celsius goal of the Paris Agreement – disruptive solutions and unprecedented actions are needed to curb emissions and achieve net-zero by 2050. A new report, co-authored by Fashion for Good and Apparel Impact Institute and sponsored by HSBC, for the first time charts a trajectory for the industry to meet the net-zero ambition,…

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