Fashion Industry Commits to Become Carbon Neutral by 2050

Faced with mounting criticism for its rapidly increasing carbon footprint, the global fashion industry has committed to becoming carbon neutral by 2050 and halving its emissions by 2030. 

The $1.5 billion apparel and textile business, which had previously stated its intention to reduce emissions by 30% by 2030, has opted to increase its pledge. Policymakers, scientists, and environmentalists have urged the industry to use a science-based strategy to substantially reduce huge water, fiber, and energy usage in order to become more sustainable. 

The apparel industry accounts for approximately 10% of global emissions, almost as much as the aviation and shipping sectors combined. 

During the ongoing UN Global Climate Change Conference, COP26, the Fashion Industry Charter for Climate Action, which includes 130 firms and 40 supporting organizations, updated its climate objective on Monday. 

This is a significant milestone for the Fashion Charter, as it raises the level of ambition in the industry’s efforts to align with 1.5 degrees. If the industry does not take quick steps to decrease its carbon footprint, emissions will increase by more than 50% by 2030. 

The fast-fashion industry, which provides low-cost apparel outlets to entice customers to buy more, has become one of the sector’s biggest concerns. 

In 2000, almost 50 billion new garments were produced; in just 20 years, that number has doubled, yet the recycling rate of these garments is still less than 1%. 

Textile Exchange lobbied for regulatory changes to encourage the use of environmentally friendly materials including organic cotton and recycled fibers in order to meet climate goals. It also demanded a sophisticated mechanism for identifying green and ethically obtained materials utilized by the fashion industries. 

The Fashion Charter has committed to obtaining 100 % of its electricity from renewable sources by 2030 in order to phase out coal from its supply chain in order to accomplish its emission reduction goals.