The Fashion Pact
The Fashion Pact focuses on climate, biodiversity, oceans and overall sustainability formed by the fashion industries leaders.
The Fashion Pact is a global coalition of companies in the fashion and textile industry (ready-to-wear, sport, lifestyle and luxury) including their suppliers and distributors, all committed to a common core of key environmental goals in three areas: stopping global warming, restoring biodiversity and protecting the oceans. Launched as a mission given to Kering Chairman and CEO, François-Henri Pinault by French President, Emmanuel Macron, the Fashion Pact was presented to Heads of State at the G7 Summit in Biarritz. The Co-Chair of the Fashion Pact Steering Committee is Paul Polman.
The Fashion Pact was born out of the recognition that only collective action can change the environmentally harmful impact of the fashion industry. It is an unprecedented coalition, with peers, competitors, established brands, newcomers, high-end labels, mainstream retail chains, manufacturers, and marketplaces, all coming together to work hand-in-hand on the most pressing issues facing our planet.
A CEO-led coalition leveraging the collective power to drive actions beyond existing initiatives and accelerate positive change across the fashion industry. As of today it consists of 60 Signatories, 200 brands, 14 countries and 1/3 of Global Fashion Industry.
First Progress of Signatories in the Pillars
Climate : 40-45% Of all energy consumed by our members comes from renewable sources.
Biodiversity : Nature
The Fashion Pact sparks first comprehensive industry commitment to set Science Based Targets for Nature enabling measurable decrease of impact on biodiveristy
Oceans : 70.00% Since joining The Fashion Pact, 70% of signatories have reduced unnecessary and harmful plastic packaging and actively worked on pilots and other actions to replace plastic packaging with sustainable alternatives
Engaged CEO Leadership.
Dedicated forums are needed to provide space for business executives to openly and productively share progress, ask questions, and discuss ideas. Accordingly, The Fashion Pact has established a CEO-led Steering Committee for this active dialogue. Leaders from the following companies have volunteered and stepped forward: Bestseller, Burberry, CHANEL, Etam Group, Farfetch, FashionCube, Moncler, NOABRANDS, PVH Corp., Ralph Lauren, Salvatore Ferragamo, and Tendam, with François-Henri Pinault from Kering and Paul Polman the Co-founder of IMAGINE as Co-Chairs of the Steering Committee. In the past year, these executives have consistently participated in regular virtual meetings, driving more than twenty collective decisions for The Fashion Pact.
Actions Beyond Existing Initiatives Because of existing progress in sustainability in recent years, The Fashion Pact focuses on actions that go beyond existing industry measures. We avoid replication or ‘recreating the wheel,’ choosing to build on the work of peers and fill in gaps that we see. By endorsing existing initiatives such as the United Nations Fashion Industry Charter for Climate Action and building on guidelines such as the Ellen MacArthur Foundation’s work on plastics, we can leverage our clout as 30% of the industry to deliver additional impact. And by working with the best technical experts from across the globe, we can make new contributions to sustainability in fashion – which can also chart a path forward for all consumer goods manufacturing.
Ermenegildo Zegna stated: “In an ever-changing world, companies can simply adapt to changes or choose to be a positive force in driving them. Our responsibility is to leverage our past to build a better present and future.”
“Today, the fashion industry has the opportunity to lead a shift towards a more sustainable future. We can set an example for how companies can work together and take action on the crucial issues of climate change, biodiversity and protecting the world’s oceans. Collaboration is vital if we are to develop a truly sustainable industry, and to do so as quickly and effectively as possible”: Francois Henri-Pinault, CEO of Kering Group.
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