When it comes to circularity, the fashion sector scores high on ‘ambition and strategy’ and ‘goals and targets’, and has made strong progress with its circular ambitions and collaboration initiatives. But there is further potential in establishing new and increasing existing targets, implementing initiatives on a broader scale, and enhancing circular inflows and circular business models, says a KPMG report.
Awaiting regulation, the Ecodesign for Sustainable Products Regulation (ESPR) is expected to significantly impact the textiles and apparel industry, since it has been marked as a high-impact sector.
Europe has moved a step ahead in its bid to make products in the EU more environment-friendly, circular and energy efficient throughout their lifecycle with a key committee of the European Parliament voting to to make sustainable products the norm.
