Over 55 fashion CEOs across industry leading brands from Chanel, Kering, Moncler Group and Prada Group have collectively signed a renewed commitment to sustainability through The Fashion Pact initiative.
The pact ultimately unifies environmental data collection from fashion suppliers to support accurate sustainability reporting across the fashion supply chain.
The European Accelerator developed by The Fashion Pact was created as a standardized supplier questionnaire that collects key metrics on energy, water, and waste to streamline the process of environmental reporting.
The framework is designed to improve reliability and comparability of sustainable fashion data and to unlock financing for suppliers to support their sustainable efforts.
Source: Sustainability Magazine
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