Thirty-two of the world’s leading fashion and textile companies have signed the Fashion Pact under the G7 and committed themselves to achieving “together” practical goals in three areas: climate, biodiversity and oceans by signing the Fashion Pact during the G7 Summit.

In a historic move, given the size and importance of the coalition that has been created, these 32 leading companies in the fashion and textile industry have set themselves a number of shared goals in the form of a pact. The coalition includes luxury, fashion, sports and lifestyle groups and brands, along with suppliers and retailers, all of whom are already involved in strategies for preserving and caring for the environment.

At the end of this article you can download the Fashion Pact which of course I recommend you read and analyze because it will undoubtedly be a turning point in the relationship of the fashion and retail industry with the sustainability and protection of our planet.

Who are the members of the G7 Fashion Pact?

Hasta la fecha, la coalición está constituida por las siguientes marcas y empresas (en orden alfabético):

To date, the coalition consists of the following brands and companies (in alphabetical order):

ADIDAS, BESTSELLER, BURBERRY, CAPRI HOLDINGS LIMITED, CARREFOUR, CHANEL, ERMENEGILDO ZEGNA, EVERYBODY & EVERYONE, FASHION3, FUNG GROUP, GALERIES LAFAYETTE, GAP Inc, GIORGIO ARMANI, H&M GROUP, HERMES, INDITEX, KARL LAGERFELD, KERING, LA REDOUTE, MATCHESFASHION.COM, MONCLER, NIKE, NORDSTROM, PRADA GROUP, PUMA, PVH Corp., RALPH LAUREN, RUYI, SALVATORE FERRAGAMO, SELFRIDGES GROUP, STELLA MCCARTNEY, TAPESTRY.

Science Based Targets (SBT): the fundamental objectives.

The objectives of the Fashion Pact are based on the Science-Based Targets (SBT) initiative, which focuses on action in three areas essential to safeguarding the planet:

• Stop global warming: by creating and deploying an action plan to achieve the goal of zero greenhouse gas emissions by 2050, in order to keep global warming below a 1.5°C trajectory between now and 2100.

• Restore biodiversity: by achieving goals that use science-based objectives to restore natural ecosystems and protect species.

• Protecting the oceans: reducing the negative impact of the fashion industry on the world’s oceans through practical initiatives, such as phasing out the use of single-use plastics.

A valuable alliance and a common goal: to preserve our planet.

These commitments are designed to be accepted by all companies involved and supported by cross-sectoral initiatives, along with the deployment of innovation accelerators.

The privately-owned companies, working alongside national states, have an essential role to play in protecting the planet. With the Fashion Pact, some of the leaders in the fashion and textile sector are joining forces for the first time to launch an unprecedented movement. A collective effort by nature; the Fashion Pact is open to any company that wants to help fundamentally transform the practices of the fashion and textile industry to meet the environmental challenges of our century.

Below, you can download and read the full text of the G7 Fashion Pact and make your analysis. And I invite you to be part of the change that our sector and industry needs and from our place of influence we can also add our value. It is a pleasure to walk this path with you!

Download the “G7 Fashion Pact” report here.