Global Fashion Agenda, a leadership forum on fashion sustainability around the Copenhagen Fashion Summit launched the inaugural, sustainability-centered CEO Agenda. It has been developed with fashion titans such as Kering, H&M, Target, and Li & Fung and makes a case for change.
Eva Kruse, CEO, Global Fashion Agenda says fashion is one of the largest industries in the world, but also one of the most resource and labor intensive. The environmental, social and ethical challenges the industry faces today are not only a threat to the planet, but also a threat to the industry itself. That’s why there’s no alternative but for sustainability to become an integral part of any company’s business strategy.
The CEO Agenda 2018 spells out seven priorities that should be top of mind for any CEO in fashion right now. Three priorities for immediate implementation include supply chain traceability; efficient use of water, energy and chemicals; respectful and secure work environments, etc. Apart from this, there are four transformational priorities for fundamental change in the long run. These include sustainable material mix; closed-loop fashion system; promotion of better wage systems; and fourth industrial revolution.