As reported by ILM, the Fashion Pact was presented by François-Henri Pinault, Chairman and CEO, Kering, to France’s President Emmanuel Macron ahead of the G7 meeting, which took place in the French town of Biarritz on August 23-26. “We look forward to it that G7 leaders support this important initiative and hope that the target of 20% of the global fashion industry in terms of volume is soon achieved for delivering the aimed environmental benefits”, said COTANCE.
The Fashion Pact draws on the Science-Based Targets (SBT) initiative and focusses on action in three “essential areas for safeguarding the planet”; stop global warming, restore biodiversity and protect the oceans. “We have been pioneering in sustainability initiatives for the leather industry, developing instruments capable to account, deliver and certify best practice in social accountability and environmental performance”, added COTANCE, highlighting that “European tanners are frontrunners in developing the product category rules for the environmental footprint of leather, for social and environmental reporting and for health and safety at tannery workplaces”.