Climate Change news and archive

YKK Recognized with Top ‘A’ Rating by CDP for Climate Change Leadership for Second Consecutive Year

YKK Corporation[1] announces its achievement of the highest “A List” rating in the 2024 Climate Change survey conducted by the global environmental disclosure nonprofit, CDP[2]. This marks the second consecutive year YKK has received this prestigious recognition. YKK’s Sustainability Vision 2050 aims for climate neutrality by 2050. The company...

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Global Fashion Agenda publishes update of its GFA Monitor on sustainability

Ahead of COP29, the Global Fashion Agenda (GFA) has published its annual GFA Monitor for the third time, highlighting advancements and ongoing challenges in terms of progress on how the fashion industry can reach net positivity. The report is produced in partnership with GFA’s impact partners, the Apparel Impact Institute, Ellen MacArthur...

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Levi Strauss & Co. publishes inaugural climate transition plan, aims to be net zero by 2050

Denim and lifestyle brand Levi Strauss & Co. (LS&Co.) has published its inaugural climate transition plan, which includes a roadmap for the company to reach both its near-term greenhouse gas (GHG) emissions reduction target by 2030 and its goal of being a Net Zero emissions company by 2050. Following in the footsteps of the H&M Group and...

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“We don’t know what fuels fashion” - Fashion Revolution reports lack of transparency

According to a new report by non-profit Fashion Revolution, the world’s largest fashion brands are not working fast enough to cut fossil fuels. “What Fuels Fashion?” (WFF) urges those brands to invest at least 2 percent of their annual revenue into a Just Transition away from fossil fuels to renewable energy to power their manufacturing...

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H&M Group invests in Rondo Energy to further strengthen their climate strategy

Swedish fashion giant H&M Group is partnering with Rondo Energy, a leading provider of zero-carbon industrial heat and power, to research the potential of applying heat storage technologies in its supply chain. In addition, H&M is also investing in Rondo and joining its strategic investor advisory board (SIAB) to further assist Rondo in...

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M&S announces 1-million-pound investment for net zero goals

British retailer Marks & Spencer has launched a 1-million-pound Plan A Accelerator Fund to invest in projects to help it achieve its net zero goals by 2040. M&S said it was turning its “market-leading approach to innovation to tackle climate change,” to reduce scope 3 emissions and become a net zero business across all its operations and entire...

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Why should the fashion industry pay attention to climate change litigation and upcoming legislative proposals on environmental claims

Brussels - In recent years, many NGOs and citizens brought legal action against governments in the EU and multinationals for either failing to sufficiently reduce their Greenhouse gas (“GHG”) emissions (so-called “climate change litigation”) or for misleading consumers when making environmental or sustainability claims. Written by Lucas Falco...

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Global Fashion Agenda presents industry efforts toward net-positivity in GFA Monitor

Non-profit Global Fashion Agenda (GFA) has released the 2023 edition of its GFA Monitor at the beginning of the UN Climate Change Conference (COP 28) on Thursday. GFA’s mission it is to accelerate impact to create a net positive fashion industry. The organisation will host a session on 5th December dedicated to the fashion sector at the event to...

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Amid climate change concerns, consumers willing to pay more for sustainable products

Amid growing global concern over extreme weather and its environmental repercussions, Bain & Company has released new research indicating that over 60 percent of businesses are falling short of their current sustainability goals. Notably, an increasingly conscientious consumer and employee base may play a pivotal role in this process. Bain’s...

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Neiman Marcus Group commits to science-based climate targets

Neiman Marcus Group has committed to the Science-Based Targets initiative (SBTi) and become a sponsor for the Supplier Leadership on Climate Transition (Supplier LOCT) program to support its brand partners in addressing challenges concerning climate change. The move, part of the group's broader environmental, social, and governance (ESG)...

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REI sets science-driven climate goals as it turns to renewable energy

REI Co-op is solidifying its environmental pledge to decarbonize its supply chain as it seeks to shift to 100 percent renewable energy through using credits. Earlier this week, the outdoor retailer received approval for its net-zero targets from the Science Based Target Initiative (SBTi), a global body that aids businesses in setting emission...

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New UN reports show how fashion industry can lighten its carbon footprint

The UN Climate Change’s Fashion Industry Charter for Climate Action has released two reports designed to assist the fashion sector in comprehending strategies to mitigate greenhouse gas emissions across the entire spectrum of raw material activities. Lindita Xhaferi-Salihu, Sector Engagement Lead at UN Climate Change, praises these reports as...