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

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.

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

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

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