Net-zero by 2050
Source: https://www.innovatorsmag.com/how-to-make-clothes-that-are-a-better-fit-for-the-planet%EF%BF%BC/
Getting to net-zero will be a huge challenge for the industry but if $1 trillion of investment can be mobilised to support new solutions, the industry can do it by 2050, according to a report co-authored by Fashion for Good, the Apparel Impact Institute, and sponsored by HSBC. “The fashion industry is becoming increasingly aware of its environmental impact and of the need to swiftly transition to net-zero,” said Zoë Knight, managing director and group head of the HSBC Centre of Sustainable Finance. “This report shows that, while there are challenges to overcome, this transition is possible.”