Fashion CO2 emission. The fashion industry is responsible for 10 per cent of the world’s carbon emissions. Unsold inventory and deadstock fabric and pile up every year, weighing down the fashion industry, and brands can no longer keep it secret.
Responsible for a tenth of the world’s carbon emissions, the fashion industry is facing broader pressure to reduce its environmental impact. Overproduction remains one of fashion’s costliest and most environmentally damaging secrets, as a stark reminder of Burberry’s decision to burning $37 million worth of excess product in 2017.
Put in a more comprehensive figure, fashion’s 10 per cent annual global carbon emission accounts for more than all international flights and maritime shipping combined.
And if it continues at this pace, the fashion industry’s greenhouse gas emissions will surge more than 50 % by 2030. It is a serious problem and labels have began to understand the need to find more sustainable solutions for unsold items.
Seeking to solve this problem, brands are either using smarter trend prediction and fabric cutting tools, collecting unused fabric and finding places to sell excess inventory, or, turn to innovative tech.
WTVOX – ‘Voicing the Future of Fashion’
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