H&M, Lululemon back $250 million fund to decarbonize fashion supply chain

Read the full story in ESG Today.

Fashion sustainability-focused nonprofit Apparel Impact Institute (Aii) announced today the launch of a new $250 million Fashion Climate Fund, with lead funders including Lululemon, H&M Group, H&M Foundation, and the Schmidt Family Foundation.

The new fund aims to drive actions and solutions supporting the industry’s goal to halve emissions by 2030, with a particular focus on the supply chain, which accounts for the vast majority of the fashion industry’s emissions, according to Aii.

Published by Laura B.

I'm a degreed librarian with over 30 years of experience as an environmental information professional. I'm currently the Illinois Sustainable Technology Center's Sustainability Information Curator and also manage the Center's strategic communications.

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