The Schneider Group joined the Fashion Industry Charter for Climate Action
We are proud to announce that we have joined the UNFCCC’s Fashion for Global Climate Action initiative as a signatory to the Fashion Industry Charter for Climate Action.
The Fashion for Global Climate Action initiative calls on the Fashion industry to acknowledge the contribution of the sector to climate change and our responsibility to strive towards climate neutrality for a safer planet.
At the Schneider Group we believe that through collective action and bold leadership, we have the power to make this fast and drastic transformation. By signing the Charter, we want to demonstrate our commitment to playing our part to ensure the fashion sector is on the path to a low-carbon future.
In line with the principles and targets enshrined in the Charter and the aims of the Paris Agreement, the Schneider Group commits to a 30% GHG emissions reduction by 2030 and we will strive to decarbonisation of the production phase, selection of climate-friendly and sustainable materials, low-carbon transport, improved consumer dialogue and awareness, work with the financing community and policymakers to catalyse scalable solutions, and explore circular business models.
In order to achieve our commitments, we have already initiated several actions and projects to ensure we can reduce our impact as quickly as possible. Our Group-wide Life Cycle Assessment we will be able to better identify areas for improvement and benchmark ourselves going forward. In Argentina, we have already invested into carbon positive projects to offset some of our emissions and we are developing our own carbon positive projects.
Speaking at the launch event for the Framework, UNFCCC Executive Secretary, Patricia Espinosa explained that the fashion industry is in a unique position to lead change in the world. “The fashion industry is always two steps ahead when it comes to defining world culture, so I am pleased to see it now also leading the way in terms of climate action.”
With this in mind, we hope our commitment will inspire our customers, communities and governments to raise their climate ambition in a united effort to limit global warming to 1.5oC. This is a race we can—and must—win to avoid significantly worsening the risk of droughts, floods, extreme heat and poverty for hundreds of millions of people.