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           • Restore biodiversity: by achieving objectives that   farming and agriculture (e.g. regenerative) that
           use Science-Based Targets to restore natural       eliminate the need for intensive, high impact systems.
           ecosystems and protect species.
                                                              • Moreover, work to ensure social inclusion, fair
           • Protect the oceans: by reducing the fashion      wages and respectful working conditions all along our
           industry’s negative impact on the world’s oceans   supply chains with a focus on empowering small-hold
           through practical initiatives, such as gradually   producers and women in low income countries.
           removing the usage of single-use plastics.
                                                              - Accelerators
           These commitments are designed to be embraced by   These are enablers that cut across the commitments
           every company involved and backed by cross-sector   and that create the environment to achieve the
           initiatives, along with the deployment of innovation   targets. These may also be areas for collaboration within
           accelerators.                                      fashion as well as across sectors and that demonstrate
                                                              leadership and innovation by the fashion industry.
           - Concrete Joint Initiatives
           These initiatives are designed to be collaborative   • Circular Economy: Support the adoption of
           across the fashion sector as well as with other    ‘circularity’ principles across fashion brands such as
           industrial sectors. The collaboration will extend to   the sourcing of regenerative raw materials, material
           expert public, non-profit and academic organizations   efficiency and recycling/upcycling. This includes both
           that already have a range of initiatives in place.  ‘design for circularity’ and addressing’ the end of life
                                                              of materials and products’.
           • Transparency & Accountability: building the systems
           for certification, verification and traceability of   • Educate & build awareness: Develop innovative
           materials and impacts through supply chains.       approaches to educate the next generation of                                                             AD
           - Support for the development and implementation of   designers and raise awareness with consumers on
           certifications schemes for all key (& high impact)   how they can engage with these global commitments.
           materials (e.g. leather, cotton, cashmere, wool,
           metals, viscose, synthetics, etc.);                • Drive more impact financing through cross-sector
 formulate appropriate measures.  Adidas, Bestseller, Burberry, Capri Holdings Limited,   - Support quantitative targets on the % of materials   collaboration: Support platforms that will enable new
 Carrefour, Chanel, Ermenegildo Zegna, Everybody &   and processes that are covered by sustainability   and significant financial investment and cross-sector
 The global fashion industry is one of the largest, most   Everyone, Fashion3, Fung Group, Galeries Lafayette,   certifications;   collaboration for key solutions in areas related to
 dynamic and influential industries on the planet,   Gap Inc., Giorgio Armani, H&M Group, Hermes,   - Measure, track and report to an impartial third party,   biodiversity, climate change and the ocean (e.g.
 generating over EUR 1.5 trillion a year in revenues. It   Inditex, Karl Lagerfeld, Kering, La Redoute,   the outcomes of ‘sustainable’ materials and   agriculture, mining, forestry, traceability etc.).
 is one of the most impactful and therefore should also   Matchesfashion.Com, Moncler, Nike, Nordstrom,   processes (in terms of impacts on biodiversity,
 have the power to play a pivotal role in leading the   Prada Group, Puma, Pvh Corp., Ralph Lauren, Ruyi,   climate, social inclusion, water pollution etc.) every   • Support innovation around key technologies that
 shift towards a more sustainable future.  Salvatore Ferragamo, Selfridges Group, Stella   two years;  can underpin commitments and outcomes: This
 Mccartney, Tapestry.                                         would include support to innovations for low-impact
 32 leading fashion and textile companies have   • Implement Science-based target on climate and   materials, traceability, measurement and monitoring
 launched a Fashion pact at the meeting held in   Three levels of action  jointly support the development of SBTs on   of impact and outcomes, as well as the means to
 Elysée Palace with Mr Emmanuel Macron (French   biodiversity.  scale the financing of investment in those innovations.
 President), Mr Bruno Le Maire (Economy and Finance   - Global commitments  - Commitment to halt any negative impacts on key
 Minister), Mr Muriel Pénicaud (Minister of Labour) and   The Fashion Pact’s objectives draw on the   species and ecosystems   Private companies, working alongside nation states,
 Mr Brune Poirson (Deputy Minister of Ecological and   Science-Based Targets (SBT) initiative. The aim of the   - Commitment to actively support and work with   have an essential role to play in protecting the planet.
 Solidary Transition).  SBT initiative is to match companies’ objectives for   initiatives in raw material sourcing countries to halt   With the Fashion Pact, some leading players in the
 reducing greenhouse gas emissions with the data   any conversion or degradation of natural habitats   fashion and textile sector are joining forces for the first
 The coalition created has the Fashion pact which is   provided by climate science. The initiative focuses on   (including forests, grasslands)   time to launch an unprecedented movement. A
 defined by a set of shared objectives. The coalition   action in three essential areas for safeguarding the   - Commitment to actively support and work with   collective endeavor by its nature, the Fashion Pact is
 includes groups and brands in Luxury, Fashion,   planet:  initiatives in raw material sourcing countries to restore   open to any company that wants to help to
 Sports and Lifestyle, along with suppliers and   habitats and protect wildlife  fundamentally transform the practices of the fashion
 In recognition of the “United Nations Sustainable   commissioned Mr François-Henri Pinault (CEO of   retailers, all of whom are already involved in separate   • Stop global warming: by creating and deploying an   and textile industry, and to meet the environmental
 action plan for achieving the objective of zero
 Development Goals” (the “UN SDGs”) and the   Kering) to bring together the leading players in the   environmental strategies.  greenhouse gas emissions by 2050, in order to keep   • Support initiatives that advocate new approaches in   challenges of our century.
 interrelatedness of the global challenges and   fashion and textile sectors in the run-up to the G7   global warming below a 1.5°C pathway between now
 solutions, Mr Emmanuel Macron (French President)   summit to set concrete targets for reducing the   To date, the coalition comprises (in alphabetical   and 2100.
 has initiated the “Fashion Pact”. In April 2019, he   environmental impact of the textile industry and to   order):
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