Core Insights - The Textile Exchange's annual report indicates record-breaking material production in 2024, reaching approximately 132 million tonnes across all markets, which translates to four tonnes of fibre produced every second, contributing to an increase in greenhouse gas emissions [1] - Greenhouse gas emissions associated with raw material production in the fashion, home textiles, and footwear sectors have risen by 20% over the past five years, highlighting a concerning trend despite some companies reporting sustainability progress [2] - A record number of 423 brands and retailers are actively replacing conventional materials with certified sources, indicating a shift towards more sustainable practices within the industry [3] Industry Trends - The report emphasizes the critical moment for the industry, nearly 10 years post-Paris Agreement, as greenhouse gas emissions from raw material and fibre production continue to rise significantly, necessitating urgent action [4] - Companies are increasingly reporting their sustainability progress and investing in sourcing fibres from recognized standards and certification programs, which is essential for tracking industry progress and providing credible verification [4][5] - Approximately 34% of global cotton production now comes from certified sources, two-thirds of manmade cellulosic fibres are produced using certified or controlled feedstock, and half of all mohair is certified to Textile Exchange's Responsible Mohair Standard, showcasing advancements in sustainable sourcing [5]
Gap widens between fashion’s climate progress and global targets
Yahoo Finance·2025-09-18 12:01