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Stock impact report

The Global Fashion Industry Designs a Sustainable Future [Fortune]

SALVATORE FERRAG UNSP/ADR (SFRGY) 
Company Research Source: Fortune
Pinterest Fighting climate change is a growing priority for fashion companies, with British luxury house Burberry the latest to announce a strategy to slash  emissions across its supply chain. But while the fashion industry wants to help the planet—the apparel business creates around 10% of global According to the Sustainable Apparel Coalition's 2019 Pulse of the Fashion Industry Report Establishing its sustainable bona fides, Burberry is aiming to reduce climate-changing greenhouse gas emissions at its stores, offices, internal manufacturing, and distribution sites 95% by 2022, and by 2030 cut these pollutants 30% throughout its extended supply chain. The latter goal is especially significant, taking into account the global reach of an apparel, accessory, and footwear label's supply chain, and how difficult it can be to regulate carbon emissions of every manufacturer, as well as throughout transportation, distribution, and retail channels. Equally noteworthy is how Burberry has joine Show less Read more
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