The Copenhagen Fashion Summit might have been the starting point of a more sustainable clothing industry. Image source: Shutterstock (#19259410)
At the Copenhagen Fashion Summit, the Circular Fibres Initiative was launched, a project that unites organizations of all kinds with a vision for a new global textiles system. Nike and H&M are the first corporate partners of the initiative.
Building on the success of the New Plastics Economy (NPEC) Initiative, bringing together companies is seen as vital to the operation. “From this experience, we identified that a key success factor has been a precompetitive, collaborative mindset amongst participants,” explained a spokesperson.
The first step for the Circular Fibres Initiative is to gather information on an assessment of the global fashion economy, to be released as a report this fall. The overall goal is to raise end-of-use textile collection rates and create a circular economy, in which less textiles end up in landfills.
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