LONDON - A one-off investment in wet processing facilities could significantly reduce the industry's environmental impact and lead to huge savings that would cover the cost of the work within 14 months, according to a new report.
The Planet Tracker financial think tank, which produced the 'Easy (Un)pickings' report in collaboration with the Apparel Impact Institute (Aii), says that wet processing has the biggest environmental impact in the textiles and apparel supply chain.
However, a one-off investment could reduce energy use by 12.6 per cent, water use by 11.5 per cent and greenhouse gas (GHG) emissions by 10.8 per cent, while saving US$6.1 billion a year, the report claims.
