This report shows how frontrunners are improving the environmental performance of their value chain, and how they are adopting innovative business models which could reduce the sector’s impact on the environment drastically.
These innovations, in combination with disruptive global mega-trends such as digitalization, indicate that the clothing and textile industry is at the brink of radical transformation. It is time to use these transformative dynamics to create a radically different and more sustainable clothing and textile industry.
The study suggests innovations in three different ways:
- Business model innovations (e.g. reducing, repairing, sharing, reusing, recycling)
- Product innovations (e.g. recycled content, more sustainable raw materials)
- Process innovations (e.g. innovative processes, renewable energy sourcing)