This week at COP24 in Katowice, Poland, the fashion industry came together in an unprecedented way to launch the Fashion Industry Charter for Climate Action, addressing the urgent measures needed to limit climate change.
Stella sat down with journalist Lucy Siegle recently at the Business of Fashion ‘Voices’ event to talk climate change and sustainability, noting that today the fashion industry is one of the most environmentally damaging industries globally and that we must make an urgent transition to limit its effects. We are already experiencing the consequences of 1°C global warming: death of coral reefs, sea level rise, Arctic sea ice loss, biodiversity loss, declining crop yields, more frequent heatwaves and heavy rainfall, but together we can reduce the impact.
In response to this and the Paris Agreement, Stella announced the Fashion Industry Charter for Climate Action during her talk. Officially launched on the 10th of December, the charter was developed by fashion stakeholders—including us, other brands, NGOs and trade associations—outlining a commitment to transforming current business models to help meet the current climate change agenda. By signing, brands are committing to reporting their emissions every year and a 30% reduction in greenhouse gas emissions by 2030.
Through collective action and bold leadership, we have the power to make this fast and drastic transformation. There are already over 20 major fashion companies that have signed the charter, and we are continuing to urge more companies to sign.
This is a major step toward keeping temperature rise below 1.5°C, which is necessary to avoid significantly worsening the risk of droughts, floods, extreme heat and poverty for hundreds of millions of people. We hope that the list of signatories will only continue to grow. One of the ways you can show your support is by making conscious choices and buying from companies that have committed to more sustainable processes.