our work

Renewable
Energy

The fashion industry can no longer be powered by fossil fuels. The 2021 IPCC report called for immediate, large-scale reductions in global greenhouse gas (GHG) emissions but current industry-level measures are insufficient. A mass transition to renewable energy is essential.
Aerial shot of solar panels organized in vertical lines.

OUR COLLECTIVE AMBITION

Increase the availability and uptake of renewable electricity in local grids and develop impactful corporate solutions to advance the energy transition and reduce absolute GHG emissions.

KEY LEVERS

Where coordinated industry effort can drive real progress

Our role in enabling progress

Achieving our Collective Ambitions depends on collaborations across the value chain. Our Joint Actions are targeted efforts that complement other industry initiatives and accelerate progress where fashion faces persistent barriers or has yet to act, and where we can deliver the greatest impact.

Collective Virtual Power Purchasing Agreement (CVPPA)

Project

The CVPPA is a long-term project that accelerates renewable electricity adoption by investing in new clean energy infrastructure. It aims to add 160,000 MWh per year of renewable electricity to the grid in Europe and is unique for the fashion industry in that it involves companies both large and small working together.

With the CVPPA, a multi-buyer contract between 12 companies, we increased the availability of renewable electricity in Europe by investing in new clean energy infrastructure, and supporting companies of all sizes achieve their scope 2 targets, faster and cheaper by doing it together.

Region: Europe

Timeline:

  • 2022: Launch of a European PPA
  • 2024: Building of Solar Assets

Partners

Developed in collaboration with the energy and technical consultancy firms Guidehouse and 2050, with legal support from Baker McKenzie.

Learn more here.

Key Data

  • 12
    brands signed the largest corporate VPPA in the fashion industry by number of participants.

  • Will add more than

    160,000

    MWh per year of renewable
    electricity to the grid.

  • The solar asset is currently being built thanks to the CVPPA and is expected to be live in

    2026

    providing renewable electricity across Europe for the next 10 years.

In Their Own Words: The Brands Behind the Project

Press

Tools & Resources

The Fashion Pact Taking Stock 2050 & SYSTEMIQ
An analysis identifying levers where the fashion sector can make the biggest impact through a science-based approach. This mapping helped The Fashion Pact to prioritize areas of action where collective approach can bring value. Some of the key findings were energy transition, alternative materials and circular business models. Date of publication: 2020

Leaders Support Package
A guidance aiming to help fashion companies continue and accelerate their progress on climate. Specifically, this guidance sets out to provide clarity on emerging trends, standards, programs and external guidance documents and organizations. Date of publication: 2020

Accelerators Support Package
A guidance aimed for companies in the beginning stages of developing and integrating a holistic climate strategy. Date of publication: 2020

Suppliers Tier 1 Support Package
A document which can be used either by producers, suppliers, or by brands and retailers wanting to work with suppliers to learn more about supply chain action. Date of publication: 2022

Suppliers Tier 2 Support Package
A guidance aiming to help fashion companies get started and accelerate their progress on climate. Specifically, this guidance sets out to present cost-effective climate strategies, provide clarity on the basic steps to develop a climate strategy, a useful overview of related terminology and ideals, and connect you to the right external guidance documents and organizations. Date of publication: 2022

Suppliers Tier 3 Support Package
A guidance aiming to help fashion companies get started and accelerate their progress on climate. Specifically, this guidance sets out to present cost-effective climate strategies, provide clarity on the basic steps to develop a climate strategy, a useful overview of related terminology and ideals, and connect you to the right external guidance documents and organizations. Date of publication: 2022

Suppliers Tier 4 Support Package
A guidance aiming to help fashion companies get started and accelerate their progress on climate. Specifically, this guidance sets out to present cost-effective climate strategies, provide clarity on the basic steps to develop a climate strategy, a useful overview of related terminology and ideals, and connect you to the right external guidance documents and organizations. Date of publication: 2022
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