If growth in fashion continues along its current trajectory, by 2050 the textile industry would account for around a quarter of the world’s total allowable carbon emissions.
In order to circumvent the eco impact, leading companies are coming up with sustainable solutions to chart green growth.
Fashion companies have on the whole managed to improve their environmental and social performance over the last year. The industry's various segments, however, are moving at highly different speeds.
To put fashion on a path to long-term prosperity financially, socially and environmentally, there is a need to go beyond what is available and possible today. To achieve lasting impact at scale, the industry needs systemic change through leadership, innovation and collaboration.
A number of promising, disruptive innovations are emerging to move the industry - but success will depend on a strong ecosystem rooted in the efforts of regulators, consumers, nongovernmental organisations, and other stakeholders.
Sustainability can actually increase profitability for fashion companies.
Lyocell for example is a fiber made from wood pulp and has a low environmental impact in its production and processing when compared to alternatives like cotton. Because of its growing sustainable properties, companies are making it a feature within their product lines.
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