H&M Group

Eight leading brands have joined a new collaborative initiative aimed to identify solutions and overcome challenges to begin decoupling revenue from production of new garments, advancing the long-term journey to make a circular economy for fashion a reality.

Fashion has some bad news for the planet. Most brands are actively “greenwashing” their emissions with none of the companies assessed reporting transparently on the terms, value invested or availability to suppliers, says a new Stand.earth report.

A clean chit notwithstanding, Better Cotton, in not addressing the loopholes with the standard itself, has only exposed itself to further investigation. And that’s despite the sugar-coated admissions that “we will take action to expand our due diligence process."

UK nonprofit Earthsight’s investigations reveal nearly a million tonnes of tainted cotton from some of the most notorious estates in Brazil to clothing manufacturers in Asia, and being supplied to fast fashion behemoths H&M and Zara.

The Paris Agreement goal of limiting climate change to 1.5°C could well remain a mirage, says the 2024 Corporate Climate Responsibility Monitor (CCRM) which evaluated 51 of the world’s largest companies, including 5 in the fashion sector.

Armed with the vision to see fashion invest in farming and set the template for radical supply chain transparency across the world, UK-based start-up, Materra’s mission thus is to make farmers the stewards of the land, give nature a voice and make cotton a real force for good. texfash.com talks to one of the three Co-Founders and CSO Edward Hill.

H&M Group has taken steps to scale textile-to-textile recycling. Textile as in polyester, promising a "lower impact on the planet.”

Renewable electricity strategies of some major brands fall woefully short and standard-setters provide limited incentives and sometimes even barriers to increase ambition, says a study by the NewClimate Institute.

Four key stakeholders from the fashion industry in Europe are collaborating to increase availability of renewable energy in Global South's Bangladesh —  a critical manufacturing hub.

The H&M Group has established collaborative financing solutions that enable the necessary decarbonisation of its supply chains by launching a green loan programme in association with Southeast Asia’s largest bank, DBS.