The report maps the current initiatives and key organisations in sustainable fashion and textiles across Europe. It also provides an overview of opportunities and challenges in adopting environmentally and economically sustainable business models in the fashion sector.
Small and medium-sized enterprises (SMEs) make up the majority of businesses in the fashion sector. Therefore, they are recognised as key agents of change. With the right support, they can lead the transition towards a more sustainable fashion industry.
In our communication COM (2017) 479, 'investing in a smart, innovative and sustainable Industry - a renewed industrial policy strategy', we state our intention to support a more sustainable European industry to help transition towards a low-carbon and circular economy.
The transformation of our companies towards more sustainable and resource-efficient business models not only helps protect the environment but also provides a competitive advantage by creating important cost savings and boosting innovation for sustainability.
Fashion is considered one of the most polluting industries. Because of this and the dimension of its production and distribution, the sector can make a strong contribution to reaching the Paris agreement's goal of climate neutrality by 2050.