Home Street Fashion Climate risks could impact fashion industry by 34% in 2030: Aii

Climate risks could impact fashion industry by 34% in 2030: Aii

57

An Aii report warns climate risks could cut fashion companies’ margins by 34 per cent by 2030 and 67 per cent by 2040.
The Cost of Inaction quantifies financial losses from rising carbon prices and energy and raw material costs, urging early supplier decarbonisation.
It calls for collaborative investment and CFO-led action to protect profitability and long-term competitiveness.An Aii report warns climate risks could cut fashion companies’ margins by 34 per cent by 2030 and 67 per cent by 2040.
The Cost of Inaction quantifies financial losses from rising carbon prices and energy and raw material costs, urging early supplier decarbonisation.
It calls for collaborative investment and CFO-led action to protect profitability and long-term competitiveness.