H&M Foundation backs new report to guide textile industry towards circularity and decarbonisation

"We supported this report to provide the textile industry with actionable insights," says Christiane Dolva, Head of Innovation, Research & Demonstration at the H&M Foundation. "It emphasises the most impactful circularity efforts. While not a complete solution, circularity can drive meaningful change. We hope these insights will support industry-wide transformation, benefiting both people and the planet." "We supported this report to provide the textile industry with actionable insights," says...

STOCKHOLM, 04/12/2024 (informazione.it - comunicati stampa - industria)

"We supported this report to provide the textile industry with actionable insights," says Christiane Dolva, Head of Innovation, Research & Demonstration at the H&M Foundation. "It emphasises the most impactful circularity efforts. While not a complete solution, circularity can drive meaningful change. We hope these insights will support industry-wide transformation, benefiting both people and the planet."

The report presents four recommendations going forward:

"The CGR Textiles is groundbreaking as the first in-depth analysis to measure circularity within the textiles sector, highlighting the urgent need for solutions that transform the entire textile value chain toward a circular model. Only through concrete, scalable actions can the industry contribute meaningfully to a sustainable future," says Hilde van Duijn, Managing Director of Circle Economy Foundation.

The report reinforces H&M Foundation's current work such as Global Change Award, which accelerates innovation benefiting both people and the planet, and Saamuhika Shakti, which catalyses inclusive circularity in solidarity with waste pickers. Going forward, the H&M Foundation will use the report's findings to guide its efforts in decarbonising the industry in a just and fair way, helping to identify where its philanthropic support can have the greatest impact.