A new report reveals that the fashion industry is still missing the goal of reducing emissions by 2030
SAN FRANCISCO, November 1, 2022 /PRNewswire/ — Stand.earth’s 2022 Fashion Supply Chain Emissions Reportreleased today, shows how the fashion industry, responsible for 5% to 8% of annual climate emissions, has increased its emissions since pledging to cut carbon emissions the previous year.
Of the ten companies assessed (American Eagle Outfitters, Fast Retailing, Gap Inc., H&M, Inditex, Kering, Lululemon, Levi Strauss & Co., Nike, VF Corp), only one, Levi’s, is expected to reduce emissions from its supply chain by 55% compared to 2018 levels, in line with keeping warming below 1.5°C.
Last year, Stand.earth released a similar analysis of nine of the largest signatory brands of the UN Fashion Industry Charter for Climate Action, by comparing the trajectory of its supply chain emissions to a 1.5 degree track. The analysis found that unless they make significant changes, the nine will fail to cut emissions by 55% by 2030. The new report holds companies accountable for any progress they have made in the past year.
“If climate action is runway, most of these brands are still looking for the dressing room. The data is clear, major fashion brands must step up and do more to reduce their carbon emissions. COP26 all of these brands increased their commitment under the UN Fashion Charter, pledging to halve their emissions by 2030. Yet despite some small signs of progress, most are not just failing, they are actually failing. worse”. raquel cooksStand.earth’s Corporate Climate Campaign said. “These findings make worryingly clear that these brands are not acting to decarbonise their supply chains, where the vast majority of climate-damaging emissions come from.”
Key results:
Fashion brands are still a long way from meeting the 1.5 degree emissions path, and most are still headed in the wrong direction. Two of the brands, Nike and Inditex (Zara), reported manufacturing emissions of close to 10 million tons of CO2e, the equivalent of more than 2 million gasoline-powered cars on the road per company. While many brands showed a ‘COVID dip’ in emissions in 2020, eight out of ten brands’ supply chain emissions rose again in 2021, further diverting them from meeting their emissions targets. Lululemon experienced the steepest increase in its supply chain emissions, growing more than 60% in just one year.
“Fossil fuels have no place in a rapidly warming world, and they certainly have no place in our cupboards.” gary cookStand.earth Corporate Campaign Director said. “Fashion brands must move to rapidly decarbonise their manufacturing by committing to 100% renewable energy for their supply chains and phasing out fossil fuels as a power, fabric and fuel source.”
The past year has seen some signs of progress: Two of the brands tested, Levi’s and VF Corp, are showing a steady downward emissions trajectory; and Kering and H&M have recently made major commitments to phase out fossil fuels. As COP26, H&M has committed to phase out coal on-site by 2025 and to transition its supply chain to 100% renewable electricity by 2030. Yet even those with industry-leading commitments are still failing to provide transparency on their progress. . To ensure accountability, H&M and others must provide updates on their progress in phasing out coal and fossil fuels.
Note on methodology: The report’s analysis was based on data on purchased goods and services reported by companies in their annual or sustainability reports or in their responses to the CDP.
ABOUT STAND.EARTH
In August 2020Stand.earth launched its Roadmap to Fossil Free Fashion, which outlines the steps the industry must take to rein in its rapidly growing carbon footprint by identifying five critical areas of focus. (The 2021 Fossil Free Fashion Scorecard used these areas to measure performance.)
SOURCE Stand.earth
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