• Europe’s fashion sector needs an estimated €4.4 billion (US$5.09 billion) by 2030 to stay aligned with decarbonisation trajectories, exposing a growing financing gap for suppliers.• CHANEL, Kering, Moncler Group,...
• $30 million facility marks ADB’s first sustainability-linked loan in Bangladesh, advancing green finance in the garment sector.• Funds will expand Envoy’s energy-efficient spinning operations and integrate 3.5 MWp of...
Sweden’s largest solar power plant, the 100 MWp Hultsfred Solar Farm, is now delivering renewable energy to H&M Group through a long-term power purchase agreement (PPA). Located on the grounds...
Global fashion and lifestyle retailer SHEIN and Lufthansa Cargo have entered into a Memorandum of Understanding (MoU) to accelerate the adoption of sustainable aviation fuel (SAF) and develop broader carbon-reduction...
India – ESG News: In a powerful convergence of style and ethics, over 50 of India’s top fashion designers have pledged to go feather-free, aligning their brands with a kinder, more...
The Global Reporting Initiative (GRI) has launched a global public consultation on its proposed Textiles & Apparel Sector Standard, advancing efforts to improve transparency and accountability in one of the...
Syre, the H&M-backed textile recycling firm, has announced strategic partnerships with Gap Inc., Target, and Houdini Sportswear as part of its commercial launch, advancing its mission to decarbonize and dewaste...
Mango has partnered with Swedish material innovator Circulose®, becoming the first brand to integrate its regenerated cotton-based fibres into production since Circulose’s restart. The move positions Mango as a sustainability...