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Brands face rising losses without climate action – report

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New research from Apparel Impact Institute estimates climate risks could impact fashion brands’ bottom lines by up to 34% by 2030

SAN FRANCISCO – A new report from the Apparel Impact Institute (Aii) has warned that fashion brands face the prospect of rising financial losses without urgent action against the risks posed by climate change.

The study, titled ‘The Cost of Inaction – The Financial Risks of Delaying Decarbonization in the Apparel Industry’, draws on strategic insights from ten global apparel brands, including H&M Group, Ralph Lauren, Mango and Adidas.

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