// Inditex signs up to the “Fashion Pact” initiative
// The Zara owner is among 32 businesses to have pledged to halt climate change
// Retailers including Adidas, Burberry, H&M and Selfridges have also signed up to the initiative
Inditex has signed up to the “Fashion Pact” initiative, created to “champion environmental sustainability” in fashion.
The parent company of Zara is one of 32 businesses to have pledged to halt climate change, restore biodiversity and protect the oceans by establishing “specific quantitative targets”.
Other retailers such as Adidas, Burberry, H&M and Selfridges have added their signatures to the initiative, which is being unveiled today in Paris at an event assembled by French President Emmanuel Macron.
Signatories will also “champion involvement in other complementary sector initiatives and foster the development of accelerators in order to help meet the objectives set”.
Inditex most recently announced that it would stop using plastic bags by 2020, as well as the use of all customer-facing plastics by 2023.
It has also said it will recycle or reuse all waste that it generates by 2023 and have 100 per cent sustainable cotton, linen and polyester by 2025.
“All of us here at Inditex are committed to sustainability, one of our firm’s core strategic principles,” Inditex chairman Pablo Isla said.
“The driving force behind this project is the conviction shared by all signatories about the shared responsibility to protect the world’s environment over the long term.”