Japanese Fast Retailing Company plans to use 50% recycled materials by 2030
By 2030, Fast Retailing wants to boost the percentage of recycled materials to roughly 50%.
Starting with synthetic fibers like rayon and nylon, the company is increasing its introduction of materials that are less harmful to the environment. Focusing on zero waste by reducing, replacing, reusing, and recycling materials used in the process of delivering clothes to customers, achieving carbon neutrality by 2050, reducing greenhouse gas emissions by 90% by 2030, cutting store electricity consumption, and developing new highly energy-efficient store formats, with a prototype store set to open in 2023, are just a few of the practical goals. The company will speed up its transition to a new business model that emphasizes both sustainability and expansion. Ethics, diversity, inclusivity, carbon neutrality, zero waste, traceability, and openness will all be pillars of the approach.It will be about daily clothing that is meant to improve everyone’s life — to develop clothing that not only prioritizes quality, design, and price, but also satisfies the concept of good clothes in terms of the environment, people, and society. Fast Retailing will place a strong emphasis on environmental stewardship across the whole process, from manufacture to distribution and sales, drastically decreasing greenhouse gas emissions and waste to create a low-impact manufacturing method.Source: Textile Focus