Fashion expects ‘new partnerships’ and tougher goals from COP27 – WWD

Between fashion and climate, events tend to blend into each other as the topics become more and more linked.

After their first joint event last week in Singapore which drew hundreds of people, the Sustainable Apparel Coalition and Global Fashion Agenda are among those announcing new partnerships at COP27.

“The [Global Fashion Summit] has undergone a great transformation over the years from talking about why the industry should act, to showcasing how the industry should act,” explained Federica Marchionni, Managing Director of Presenting Partner Global Fashion Diary.

GFA is set to host three COP27 events and began by unveiling an exciting project on Tuesday in collaboration with the United Nations Environment Program called “Fashion Industry Target Consultation”. The project will be a multi-stakeholder initiative led by GFA.

Together, GFA and UNEP are inviting value chain stakeholders to share their ideas through a voluntary online survey on the GFA website until February 2023. Once feedback has been collected, the groups will share analysis and common goals in the 2023 publication of the GFA “Agenda for CEOs” (equated to a guide for executives) during the Copenhagen edition of the Global Fashion Summit in June 2023. The process is intended as a means transparent to align key performance indicators in fashion. From 2023, progress will be published in what is called The GFA Monitor.

“The [Global Fashion Summit] is just one of the ways we cultivate change,” Marchionni said. “As another example, our impact programs, including the Circular Fashion Partnership and the Global Circular Fashion Forum, exist to facilitate tangible change on the ground. Through new partnerships we have in the works to launch at COP27, we are working to truly move the industry forward in a unified travel itinerary.

A driving force behind sustainable fashion, the Sustainable Apparel Coalition, or SAC, is also prepared for the changes ahead. At the event, SAC sets the industry benchmark for GHG emissions and the interventions needed to achieve a 45% reduction by 2030.

“The two organizations [the SAC and GFA] agree that there is an urgent need to define ‘better’ data and fill data gaps,” Amina Razvi, Executive Director of SAC, told WWD. “Over the past decade, the SAC and its members have gathered a wealth of verified data, which has led to increased transparency and enabled more informed decisions. However, there is an urgent need to do more to close the existing gaps.

Razvi and Marchionni will speak at a “Race to Zero” event at COP27 this week for the Fashion Industry Charter for Climate Action. The Fashion Charter requires its signatory companies to set a 1.5 degree GHG emissions reduction target that includes scope 3 emissions from purchased goods and services.

Razvi told COP27 that the SAC “will continue to scale up efforts to engage with stakeholders and engage in discussions on how to accelerate action and impact to transform the industry.”

Existing collaborations will also continue through 2023, according to Razvi, and ongoing assessments on SAC’s disputed sustainability tools are expected “early next year.”

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