• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Retail

Fashion Companies Reach Landmark Sustainability Accord Ahead of G7 Summit

By
Kate Dwyer
Kate Dwyer
Down Arrow Button Icon
By
Kate Dwyer
Kate Dwyer
Down Arrow Button Icon
August 23, 2019, 5:19 PM ET
FRANCE-G7-SUMMIT
French President Emmanuel Macron, center, poses with G7-Summit civil society representatives, including Kering chairman and CEO François-Henri Pinault, right, holding the G7 Fashion Pact. Charles Platiau/AFP/Getty ImagesCharles Platiau/AFP/Getty Images

This afternoon at the Élysée Palace, French President Emmanuel Macron and Kering chairman and chief executive François-Henri Pinault unveiled a new plan to reduce the environmental impact of the global fashion industry.

Signed by 32 companies—including some of the biggest names in luxury, activewear, fast fashion, and retailing—the G7 Fashion Pact marks the first serious broad-based push by a coalition of private-sector companies to help reduce global warming, replenish the planet’s biodiversity, and curtail the dumping of plastics in the world’s oceans.

At its current growth rate, textile and apparel production emissions will rise more than 60% by 2030, according to UN Climate Change.

The fashion pact signatories have set a goal to enlist at least 20% of the global fashion industry in their effort, as measured by volume of production. “We have just 11 years left to halt irreversible climate change,” reads the G7 Fashion Pact, which outlines three key areas where the sector can reduce emissions and waste.

The non-binding accord will be presented this weekend to leaders from the Group of Seven nations—the U.S., Canada, France, Germany, Italy, Japan, and the U.K.—convening in Biarritz, France, for their annual summit to discuss global issues and co-ordinated action in areas including the environment and international trade. G7 nations represent almost half the world’s gross domestic product and roughly a third of its purchasing power.

Much of the G7 Fashion Pact is centered on science-based targets: Emission- reduction goals in line with the level of decarbonization required to keep global temperature increase below 2°C, compared to pre-industrial temperatures. More than 231 fashion companies have already adopted science-based targets of their own, but under the G7 Fashion Pact, signatories pledge to commit to increasing transparency and accountability across their supply chains.

Goals outlined include switching to 100% renewable energy throughout their operations, “with the ambition to incentivize implementation of renewables in all high impact manufacturing processes along the entire supply chain by 2030;” switching to regenerative and “wildlife-friendly” approaches to agriculture, mining, and forestry; and “eliminating the use of single-use plastics (in both business-to-business and business-to-consumer packaging) by 2030.” Additionally, the pact contains language to promote circularity, a concept promoted by the Ellen MacArthur Foundation that encourages using recycled textiles.

Fashion industry broadly represented

Although Kering—the parent company of Gucci, Saint Laurent, among other high-fashion brands—was tapped by Macron in May to recruit signatory companies, the brands on board go beyond luxury apparel to include activewear brands like Adidas, Puma, and Nike, and fast fashion such as H&M Group, Gap Inc., and Inditex, the parent company of Zara. Department stores such as Nordstrom, Selfridges, and Galeries Lafayette are also represented.

“We know that one company cannot solve the environmental challenges facing our planet alone and we believe in the power of collaboration to drive real change,” said Burberry CEO Marco Gobbetti in a statement.

“The objectives of the Fashion Pact strongly align with our own work in this area over the past decade, and we are looking forward to working with the other signatories to help transform our industry, support our communities and protect the environment,” Gobbetti said.

Previously, Burberry signed two science-based targets of its own, consistent with keeping the global temperature rise to 1.5° Celsius, which aim to reduce carbon emissions across its retail stores, offices, and supply chain. Currently, Burberry sources 68% of its cotton through the Better Cotton Initiative, whose goal is to globally promote sustainable cotton farming practices.

Some of the signatory companies are also using the occasion to launch their own in-house sustainability projects. Nordstrom, for example, is initiating a Sustainable Style category on its website, which will stock 2,000 items from 90 brands including Patagonia, Reformation, Toms, and Veja.

In the United States, the word “sustainable” doesn’t have a set definition per the Federal Trade Commission’s most recent guidelines (2012, so it’s up to private brands to define the word for themselves. Nordstrom is using the sustainability category to highlight brands that use “sustainably-sourced materials,” manufacture products in factories that “meet higher social or environmental standards,” or “give back.”

Fashion’s “essential role”

“Private companies, working alongside nation states, have an essential role to play in protecting the planet,” the G7 Fashion Pact statement, released by Kering, reads.

But while global fashion companies and retailers have reached an accord to considerably reduce their environmental footprints, such harmony isn’t expected to prevail during the G7 summit.

For the first time since the G7 summit’s inception in 1975, there won’t be a joint agreement signed by participating nation leaders at the end of the summit. French president Emmanuel Macron said it would be “pointless” to issue the usual G7 communiqué, citing “a very deep crisis of democracy” relating to President Donald Trump’s unwillingness to comply with the internationally endorsed Paris climate accord to tackle global warming. Last year, Trump refused to sign the communiqué.

“I know the points of disagreement with the U.S. If we draft an agreement about the Paris [climate] accord, President Trump won’t agree. It’s pointless,” he said.

Macron also announced plans to open the summit with a discussion on the fires ravaging the Amazon rainforest, which German chancellor Angela Merkel seconded.

Meanwhile, here’s a list of the fashion brands, designers, manufacturers, distributors and retailers as founding signatories of the G7 Fashion Pact: Adidas, Bestseller, Burberry, Capri Holdings Limited, Carrefour, Chanel, Ermenegildo Zegna, Everybody & Everyone, Fashion3, Fung Group, Galerias Lafayette, Gap Inc., Giorgio Armani, H&M Group, Hermes, Inditex, Karl Lagerfeld, Kering, La Redoute, Matchesfashion.com, Moncler, Nike, Nordstrom, Prada Group, Puma, PVH Corp., Ralph Lauren, Ruyi, Salvatore Ferragamo, Selfridges Group, Stella McCartney, and Tapestry.

More must-read stories from Fortune:

—Sizing up vegan leather: Is it just a fad?
—Big-Box rebound: How Target packaged a turnaround
—Taylor Swift and Stella McCartney release Lover fashion
—How Minidip made a splash with its inflatable pools
—Listen to our audio briefing, Fortune 500 Daily
Follow Fortune on Flipboard to stay up-to-date on the latest news and analysis.

About the Author
By Kate Dwyer
See full bioRight Arrow Button Icon

Latest in Retail

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Retail

McCormick combines with Unilever’s food division and adds Hellmann’s and Knorr to its brands
Arts & EntertainmentUnilever
McCormick combines with Unilever’s food division and adds Hellmann’s and Knorr to its brands
By The Associated PressMarch 31, 2026
1 hour ago
Nordstrom’s $6.25 billion deal to go private is paying off—and don’t expect an IPO anytime soon
RetailLeadership
Nordstrom’s $6.25 billion deal to go private is paying off—and don’t expect an IPO anytime soon
By Phil WahbaMarch 31, 2026
8 hours ago
Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns
North Americatheft
Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns
By Jason MaMarch 30, 2026
21 hours ago
shamny
CommentaryAI agents
AI agents are already driving 10% of revenue for some brands. Is yours invisible to them?
By Aviv ShamnyMarch 29, 2026
2 days ago
andy rachel amy
SuccessEntrepreneurs
How a couple’s kitchen table and a bean burrito built a $1 billion food empire
By Nick LichtenbergMarch 29, 2026
2 days ago
Photo of Bree McKeen
SuccessFashion
She left a Silicon Valley VC to solve a problem left untouched for 88 years. Now her bra brand is the fastest growing at Nordstrom
By Sydney LakeMarch 29, 2026
2 days ago

Most Popular

Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
By Fortune EditorsMarch 30, 2026
19 hours ago
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete
AI
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete
By Fortune EditorsMarch 30, 2026
22 hours ago
413,793 KitKat bars stolen: 'Whilst we appreciate the criminals’ exceptional taste, the fact remains that cargo theft is an escalating issue'
Europe
413,793 KitKat bars stolen: 'Whilst we appreciate the criminals’ exceptional taste, the fact remains that cargo theft is an escalating issue'
By Fortune EditorsMarch 28, 2026
3 days ago
A CEO trying to reindustrialize America says blue-collar pay is headed for 'massive hyperinflation' and kids should skip college to become welders
Success
A CEO trying to reindustrialize America says blue-collar pay is headed for 'massive hyperinflation' and kids should skip college to become welders
By Fortune EditorsMarch 30, 2026
23 hours ago
Current price of gold as of March 30, 2026
Personal Finance
Current price of gold as of March 30, 2026
By Fortune EditorsMarch 30, 2026
1 day ago
Current price of silver as of Monday, March 30, 2026
Personal Finance
Current price of silver as of Monday, March 30, 2026
By Fortune EditorsMarch 30, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.