My Cart

Close
fashion industry emissions webinar

New Webinar To Drastically Reduce Fashion's Emissions


The global fashion industry is one of the biggest industries in the world. It's generating USD 2.5 trillion in global annual revenues before the Coronavirus pandemic, according to the McKinsey analysis (2020).

The United States-based management consulting firm is one of the most trusted advisors to the world's largest influential businesses and institutions.

The Company just released a new webinar titled "Sustainable fashion: How the fashion industry can urgently act to reduce its greenhouse gas emission."

McKinsey & Company believes that the fashion industry can substantially reduce and ultimately minimize its contribution to global warming by accelerating meaningful changes along the value chain.




Clothing production has approximately doubled in the last 15 years, with it, the amount of pollution.

Consumers are spending more money every year to buy more clothing. The fastest-growing clothing category is sportswear, increasing at an 8% yearly rate, as reported by McKinsey And Company.

Thankfully after the COVID-19 crisis, the global fashion industry realizes new opportunities in eco-friendly fashion. Sustainability has become more present in the mind of consumers, according to its COVID-19 consumer survey.

To stay relevant in the new market where environmental awareness is rising, fashion leaders must take massive action to reduce carbon emissions, pollution, and waste.

Otherwise, fashion businesses risk losing market shares, the trust of their employees, suppliers, partners, and customers.

The fashion industry’s greenhouse gas emissions will grow more than 50% by 2030 if the trend continues, increasing the contribution to climate change massively, as reported by the Ellen MacArthur Foundation.

The 2019 Fashion Transparency Index reveals that the global apparel and footwear industry emit greenhouse gas emissions almost as much as the total for the whole of Europe.

Sustainability has become imperative, especially to meet the Paris Agreement targets for 2030. It's the biggest challenge facing the industry today.

Fortunately, key players can find and implement solutions through collaboration, innovation, creativity, and technology.

Share

About the Author: Alex Assoune

Alex Assoune Alex Assoune (MS) is a global health and environmental advocate. He founded Panaprium to inspire others with conscious living, ethical, and sustainable fashion. Alex has worked in many countries to address social and environmental issues. He speaks three languages and holds two Master of Science degrees in Engineering from SIGMA and IFPEN schools.

-
Panaprium is proud to be 100% independent with no sponsorship and free of any influence. Products are carefully handpicked from brands we trust and support. If you buy something through our link, we may earn a commission.
-

0 comments

PLEASE SIGN IN OR SIGN UP TO POST A COMMENT


More, More, More


Related Articles

Affordable Denim Jeans Made In Canada

10+ Best Affordable Denim Jeans Made In Canada

All You Need To Know About Cork Fabric For Sewing

Cork Fabric For Sewing
Organic Cotton Pyjama Brands Australia

15 Best Organic Cotton Pyjama Brands From Australia

8 Best Affordable Jackets And Coats Made In Canada

Affordable Jackets Coats Made In Canada
Affordable Ethical Vegan Leather Gloves

10+ Affordable And Ethical Vegan Leather Gloves

15 Best Affordable, Sustainable, Australian Made Jeans

Affordable Sustainable Australian Made Jeans
Affordable Ethical Dresses Made In Canada

10 Best Affordable And Ethical Dresses Made In Canada

13 Best Affordable Australian Made Knitwear Brands

Affordable Australian Made Knitwear Brands
Affordable Sustainable Hair Accessories

12 Best Affordable And Sustainable Hair Accessories

8 Best Affordable Linen Baby Boy And Girl Clothes

Affordable Linen Baby Boy Girl Clothes