Read the full story in ESG Today.
Fashion sustainability-focused nonprofit Apparel Impact Institute (Aii) announced today the launch of a new $250 million Fashion Climate Fund, with lead funders including Lululemon, H&M Group, H&M Foundation, and the Schmidt Family Foundation.
The new fund aims to drive actions and solutions supporting the industry’s goal to halve emissions by 2030, with a particular focus on the supply chain, which accounts for the vast majority of the fashion industry’s emissions, according to Aii.
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