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Lululemon, H&M back $250-million Fashion Climate Fund to decarbonise supply chain

Summary by Ground News
H&M and Lululemon are backing a $250-million fund to speed up efforts to cur carbon emissions in the fashion industry. The Fashion Climate Fund also hopes to unlock a further $2 billion in funding once effective solutions have been found and scaled up. Other early backers include the H&M Foundation and the Schmidt Family Foundation.
2 months ago

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Financial Post

H&M, Lululemon back $250 million Fashion Climate Fund to decarbonise supply chain

LONDON -- Lululemon Athletica Inc and H&M Group are among backers of a $250 million fund aiming to speed up efforts to cut carbon emissions in the fashion industry's supply chain, non-profit group Apparel Impact Institute said on Wednesday. Read More

2 months ago·Canada
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The Globe & Mail

Lululemon, H&M back $250-million Fashion Climate Fund to decarbonise supply chain

Fashion Climate Fund also hopes to unlock a further $2 billion in funding once effective solutions have been found and scaled up

2 months ago·Canada
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Lululemon and H&M Group Among Donors for $250 Million Fund to Decarbonize Fashion Supply Chains

Lululemon, H&M Group, H&M Foundation, and The Schmidt Family Foundation were named as lead donors of the $250 million Fashion Climate Fund.

2 months ago
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H&M, Lululemon back $250 million Fashion Climate Fund to decarbonise supply chain

The fund will help finance a range of initiatives including expanding the use of renewable energy, developing next-generation materials

2 months ago
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Bias Distribution

50% of the sources are Center, 50% of the sources lean Right
The Globe & Mail
Financial Post
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R 50%
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