DUBAI – The Apparel Impact Initiative (Aii) has signed up the first bank to its $250 million Fashion Climate Fund (FCF) with HSBC pledging an initial $4 million over the next three years.
HSBC will also provide sustainability and trade finance expertise to support the FCF’s mission of driving industry-wide convergence to meet the apparel and footwear industry’s ambition to halve carbon emissions by 2030.
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