Inditex SA

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.

As pressure mounts on clothing retailers to prove that there is no forced labour in their supply chains, Zara’s parent company, Inditex, has been urged to disclose its list of suppliers and their geographical location.

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.

The escalating reliance on biomass in the fashion sector not only threatens climate, ecosystems and human health, but also poses significant risks to the broader push toward genuine renewable energy, especially in Asia, says a report by environmental advocacy group Stand.earth.

Stakeholders from raw material supply chains of cotton, leather (bovine, caprine, ovine), cashmere and wool can apply for the Regenerative Fund for Nature for grants ranging from $120,000 to $620,000 with a project duration of 3–5 years.

Spain's retailing giant Inditex and the International Apparel Federation (IAF) have signed an agreement that aims to promote a more respectful industry for people and planet by boosting circularity, traceability and worker wellbeing.

A year-long collaborative engagement, orchestrated by innovation platform Fashion for Good, will see three top brands coming together to prototype Kintra Fibers’ biodegradable polyester that promises reduction of fossil fuel-based synthetics and closer to the goal to be Climate Positive by 2025.

The second edition of the 2023 Corporate Climate Responsibility Monitor has rapped fashion and retail giants for "hiding climate inaction behind a fig leaf of net zero plans."

As part of its CSR activity, Spanish clothing major Inditex has tied up with WWF to invest €10 million through 2022-25 to focus on forest restoration and conservation, water basin restoration and conservation and species and habitat protection.