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Prada joins the Fashion Pact
Ahead of the G7 meeting at Biarritz from August 24-26, French President Emmanuel Macron, accompanied by Economy and Finance Minister Bruno Le Maire,Minister of Labour Muriel Pénicaud, and Deputy Minister of Ecological and Solidary Transition Brune Poirson, has invited to the Elysée Palace representatives of the 32 fashion and textile companies who have launched the Fashion Pact by his side.
In April 2019, ahead of the G7 meeting, Emmanuel Macron had given François-Henri Pinault, Chairman and Chief Executive Officer of Kering, a mission to bring together the leading players in fashion and textile, with the aim of setting practical objectives for reducing the environmental impact of the fashion industry.
Carlo Mazzi, Chairman of Prada spa, invited today at the Elysée Palace by French President Emmanuel Macron, has declared:
"Our participation to the Fashion Pact initiative is a natural progression of the Prada Group commitment in sustainability, a path made of various projects in the environmental, cultural and social sphere.
From now on, the possibility to target these goals together with other important fashion companies represents a concrete hope for a sustainable development that nobody could reach all alone."
Representatives of the companies that signed the Fashion Pact met for the first time on October 24, 2019 in Paris to define the organizational arrangements for the coalition. Discussions at the working meeting focused on the governance of the Fashion Pact, the organization of the work to be carried out by its members as well as the translation of their commitments into practical goals.
In this occasion, a further 24 companies in the fashion and textile industry, have announced that they are joining the coalition. This brings the total number of signatories to 56 and the number of brands involved to around 250.
ADIDAS, ARMANI GROUP, AUCHAN RETAIL, BALLY, BESTSELLER, BURBERRY, CALZEDONIA GROUP, CAPRI HOLDINGS LIMITED, CARREFOUR, CHANEL, CELIO, DAMARTEX GROUP, DECATHLON, EL CORTE INGLES, ERALDA, ETAM GROUP, ERMENEGILDO ZEGNA, EVERYBODY & EVERYONE, FARFETCH, FASHION3, FIGARET, FUNG GROUP, GANT, GALERIES LAFAYETTE, GAP Inc., GEOX, GROUPE BEAUMANOIR, GROUPE ERAM, GTS GROUP, H&M GROUP, HERMES, INDITEX, KARL LAGERFELD, KERING, KIABI, LA REDOUTE, LADY LAWYER FASHION ARCHIVE, MANGO, MATCHESFASHION.COM, MONCLER, NANA JUDY, NIKE, NORDSTROM, PAUL & JOE, PRADA S.p.A., PROMOD, PUMA, PVH Corp., RALPH LAUREN, RUYI, SALVATORE FERRAGAMO, SELFRIDGES GROUP, SPARTOO-ANDRE, STELLA MCCARTNEY, TAPESTRY, THE VISUALITY CORPORATION.
OUR OBJECTIVES
The Fashion Pact’s objectives draw on the Science-Based Targets (SBT) initiative, which focuses on action in three essential areas for safeguarding the planet:
- Stop global warming: by creating and deploying an action plan for achieving the objective of zero greenhouse gas emissions by 2050, in order to keep global warming below a 1.5°C pathway between now and 2100.
- Restore biodiversity: by achieving objectives that use Science-Based Targets to restore natural ecosystems and protect species.
- Protect the oceans: by reducing the fashion industry’s negative impact on the world’s oceans through practical initiatives, such as gradually removing the usage of single-use plastics.
