The Fashion Industry Charter for Climate Action establishes a framework for stakeholder dialogue and participation in climate action. Under the charter, the fashion industry is raising its collective ambition with updated emission reduction targets. The renewed commitments, announced recently at the COP26 meeting in Glasgow, form a decarbonizing detailed outline with Paris Agreement aspirations to limit worldwide temperature rise to 1.5 degrees Celsius above preindustrial levels. The call for companies to set scientific objectives or divide their emission levels by 2030, with a pledge to achieve net zero emissions by 2050, is core to this. This is an update on the previous target of 30 per cent aggregate greenhouse gas emission reductions by 2030.

This is a significant moment for the fashion charter. Other obligations in the revised charter include procuring 100 per cent of energy from renewable sources by 2030, sourcing environmentally friendly raw resources, and going to phase out coal from the distribution chain by 2030.

Signatories to the fashion charter collectively represent a sizable portion of the fashion industry. The charter is currently has 130 companies on board and 41 supporting organisations, including well-known brands such as Burberry, H&M, VF Corporation, Adidas, Kering, Chanel, Nike, and Puma, as well as suppliers such as Crystal Group, Tal Apparel, and others.