At its 2020 Sustainability Conference, the Textile Exchange, a global organization representing leading brands, retailers, and suppliers, introduced the details of Climate+, a new strategic plan aiming to reduce greenhouse gas (GHG) emissions in the fiber industry by 45% by 2030. The idea of Climate+ came together through extensive stakeholder engagement with Textile Exchange members and non-members representing brands, retailers, suppliers, manufacturers, nonprofits and professional services around the world.
Climate+ incorporates six specific strategic objectives that are aimed at reducing GHGs while amplifying the positive impacts of soil health, water and biodiversity:
● Increase the uptake of preferred fibers
● Proliferate regenerative agricultural practices
● Mitigate degrading land use practices
● Support the transition to renewable power
● Encourage innovation and circularity
● Improve data quality and measurement
To further these goals and provide critical insight to drive collective action, the Textile Exchange has partnered with The Climate Board to uncover the array of metrics that leading organizations are using to drive their climate strategies, with a focus on fiber-specific impacts and GHG reductions. Through this work, member organizations will get exclusive insight into best practices in developing, executing, and measuring the effectiveness of fiber strategies. This work will enable rapid industry acceleration toward GHG reductions and adoption of consistent metrics.