The partnership will reportedly focus on an initiative geared towards supporting efforts to accelerate and scale decarbonisation programs to reduce greenhouse gas emissions across the entire industry.
This will include research and ecosystem development related to unlocking finance to support the decarbonisation of the industry; establishing a clear, standardised journey for suppliers, manufacturers and brands setting impact targets; creating action plans; and tracking climate-related achievements and industry engagement.
To begin, the two organisations will look to continue supporting the Climate Solutions Portfolio (CSP), a registry of proven carbon reduction solutions for the apparel industry, and the Fashion Climate Fund (FCF), a donor collaborative funding model to support the reduction of carbon emissions in the textile, apparel and footwear industries’ supply chain.
Andrew Martin, Executive Vice President at the SAC, said: “We are delighted to be partnering with Aii on this project. As an organisation united by the belief that partnership as the new leadership, we see this collaboration as a unique opportunity to leverage our collective knowledge and technical expertise to drive meaningful change at scale.
“With time running out for us to reverse the worst impacts of climate change, the challenge we are facing is unprecedented and we cannot afford to lose any more time. We must, therefore, come together to co-create solutions that work towards a shift to a more responsible industry and deliver positive benefits to people and the planet.”
