Top luxury groups Capri Holdings, Prada and Kering have launched three new projects on environmental protection and social responsibility. Capri Holdings has launched the Capri Holdings Foundation for the Advancement of Diversity in Fashion. The foundation aims to support diversity, inclusion and equality across the fashion industry and has pledged $20 million investment. It will develop on-campus recruitment, mentorship and scholarship programs to prepare students for successful careers in the fashion industry.

Prada aims to promote the inclusion and unlock the value of disabled people within multinational corporations. The brand is currently assessing various practical solutions to establish a long-term inclusivity action plan, starting with the hiring of people suffering from down's syndrome within its commercial organisation in Italy. French luxury group Kering has set up the Regenerative Fund for Nature together with Conservation International, a non-profit organization promoting biodiversity.

Over the next five years, the brand aims to convert to regenerative agriculture 1 million hectares of farmland and landscape where raw materials for the fashion supply chain are grown. The fund will provide direct support to farmers by financing projects in a number of countries. The first round of funding is open for applications until April 30 2021.