China’s Shandong Ruyi Group has signed the newly created Fashion Pact with more than 30 other global fashion and textile firms, as the group formed to promote sustainable socio-economic development, and foster a better relationship between the fashion industry and the environment.
The Fashion Pact focuses on three primary areas of earth protection. The first includes stopping global warming by creating an action plan for zero greenhouse gas emissions by 2050, in order to keep global warming below a 1.5°C pathway between now and 2100.
Second, the pact plans to restore biodiversity, by restoring natural ecosystems and protect species. The third goal is to protect the ocean by removing the fashion industry’s usage of single-use plastics.
The other Fashion Pact companies are: Bestseller, Burberry, Capri Holdings, Carrefour, Chanel, Ermegenildo Zegna, Everybody & Everyone, Fashion3, Fung Group, Galeries Lafayette, Gap Inc., Giorgio Armani, H&M Group, Karl Lagerfeld, Kering, La Redoute, Matchesfashion.com, Moncler, Nike, Nordstrom, Puma, Ralph Lauren, Salvatore Ferragamo, Tapestry, Selfridges Group, and Stella McCartney.
