Global Fashion Summit 2022 commits to reduce emissions to net zero by 2050

Global Fashion Summit, organised by Global Fashion Agenda, witnessed the participation of 250 stakeholders, hailing from various market sectors and geographical locations. Over 50 speakers from companies and organizations like Puma, Vestiaire Collective, Zalando, Target, TAL Apparel, Singapore Fashion Council, and The Hong Kong Research Institute of Textiles and Apparel attended the event in Singapore.

33 major players in the fashion industry, including H&M and Stella McCartney, committed to buying 550,000 tonnes of substitute fibers made from waste textiles and agricultural byproducts rather than wood fibers during the summit.

Concerns like combating climate change, garment traceability, sustainability, purposefully reducing output, and boosting the use of “next-generation” alternative fiber, to name a few, remained at the forefront of the discussion.

At the summit, concerns, including a better wage system, a welcoming workplace, circular fashion, and others, were also emphasized. In sessions titled “Disruption for Better Wage Systems” and “Empowering the Worker Majority,” it was claimed that providing workers with a dignified means of subsistence was just as crucial as minimizing the effects of climate change.

Federica Marchionni, CEO, Global Fashion Agenda, said that as the focus moves from words to deeds, they look forward to watching the ambitious and desperately needed initiatives they inspire from the Summit, that decrease not only harm, but also deliver good impact for the environment and societies.

The theme of the most recent summit, “Alliances for a New Era,” brought together executives from throughout the entire value chain to elevate various voices and forge alliances both within and outside of the fashion industry in order to create lasting effects.