Fashion Brands Sustainability Achievements Survey
Sustainable fashion – Committing to a sustainable future through the Fashion Industry Charter for Climate Action
In 2018, Fashion Summit (HK) collaborated with KPMG China to conduct a Global Sustainable Consumption Survey on consumer perspective and announced survey results at the Fashion Summit (HK) 2018 Conference. In 2019, Fashion Summit (HK) collaborated with KPMG China again to conduct a survey on fashion brands’ sustainability achievements (sponsored by HSBC).
During the 24th Conference of United Nations Framework Convention on Climate Change (UNFCCC) which was held in Katowice (in Poland) in December 2018 (also known as COP24), the Fashion Industry Charter for Climate Action was launched. The Charter has got a vision for the textiles, clothing and fashion industry to achieve net-zero carbon emissions by 2050. There were 43 leading fashion brands, retailers, suppliers and other organisations signing the Charter, indicating that they agreed to collectively address the climate impact of the fashion sector across its entire value chain and committed to supporting the implementation of the principles contained in the Charter.
To assess whether the industry is ready to meet the commitments of the Charter, KPMG China conducted survey on the current status of the above 43 original signatories (click here and go to P.32 of the report for the list) in meeting the 7 commitments (click here and go to P.9 of the report for the commitments details) from the Charter.
The survey aims to assess to what degree companies across the fashion industry are adopting the various measures already in place that can enable the sector to become genuinely sustainable, particularly with regard to climate change.
Announcement & Publication
The survey was officially announced during the Conference of Fashion Summit (HK) 2019 on 5 September 2019 at the Hong Kong Convention and Exhibition Centre, while the full findings are now available on KPMG website.