Fashion industry needs to pick up pace on climate goals, says report

PARIS — The 30 largest listed fashion firms must do more to hit Paris climate accord targets and UN sustainable development goals, although some are improving their social and environmental credentials, The Business of Fashion said in a report on Tuesday .

"You’ve got some front runners making small steps of progress but fundamentally the big picture is that the industry is wildly underperforming," Sarah Kent, chief sustainability correspondent for the trade industry publication The Business of Fashion told Reuters. Puma was ranked highest, scoring 49 points out of 100, followed Kering, last year's leader, Levi Strauss, H&M Group and Burberry.Puma welcomed the recognition but Chief Executive Bjorn Gulden said "much remains to be done". Kering's chief sustainability officer, Marie-Claire Daveu, said her company was "fully aware of the challenges ahead".

The companies overall scored highest for progress in reducing emissions out of the areas assessed in the report, but they scored worst in reducing waste.

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