Throughout the first year of the 2020 Commitment we’ve gained unique insights into some of the challenges the industry faces in creating a circular fashion system.
The three barriers to change that signatories mentioned the most are a lack of:
1) industry tools and standards for circular design,
2) supportive and incentivising regulatory frameworks and
3) sorting and recycling technology available for scale.
To tackle these barriers and to support the signatories in reaching their targets in the coming years, we’ll address the following four main elements in our continued work with the 2020 Commitment.
1) Taking action: By continuously monitoring and reporting on signatories’ progress, learnings and challenges when implementing their commitment.
2) Knowledge sharing: By continuously supporting signatories through knowledge sharing activities to create a platform for solution sharing, including webinars and events that bring together experts in the field.
3) Policy engagement: By intensifying our engagement with EU policymakers to point towards tangible actions and levers that can be installed to create a supportive framework for the targets set forward by signatories.
4) Industry alignment: By continuously engaging with initiatives and organisations to align industry-wide efforts and solutions, in addition to further exploring circularity in the CEO Agenda, Pulse of the Fashion Industry report, at Copenhagen Fashion Summit and at capsule events to ensure that circularity remains high on the industry’s agenda.