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.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
