The analysis maps out progress towards more sustainable sourcing at the raw material level of the fashion and textile supply chain, using data from Textile Exchange’s Corporate Fibers and Materials Benchmark (CFMB).
As the largest peer-to-peer comparison initiative in the industry, this year saw 292 brands come together to collectively track their efforts. The resulting report provides a holistic overview of the industry’s direction of travel, how companies have reacted to COVID-19 challenges, as well as alignment with global efforts like the Sustainable Development Goals and the Global Biodiversity Framework.
The Impacts Dashboard provides an opportunity for interested stakeholders to observe the progress made by the entire group of benchmarking companies across different impact areas, from preferred materials uptake to climate action.
Our Sector Scorecard is designed to help us pin down where progress is happening through a detailed sector-level and sub-sector overview. We provide the numbers for apparel and footwear, outdoor and sport, home and hospitality, as well as a multi-sector benchmark.
The 2020 Material Change Insights report highlighted a collective commitment to improvement across the fashion and textiles industry. It saw brands start setting ambitious targets to future-proof their businesses.
Last year, our inaugural Biodiversity Insights report provided an industry baseline to track the level of engagement and effort that companies are putting into understanding and addressing their impact on the natural world.
Textile Exchange’s Climate goal is to drive a 45 percent reduction in the greenhouse gas emissions that come from producing fibers and raw materials by 2030. Our benchmarks show progress, but we’ve got to speed up the shift towards a system that is socially just, nature positive, and circular.
By benchmarking the industry and providing actionable tools for improvement, Textile Exchange is speeding up the shift towards a new system. The more companies that come together, the bigger impact we can have.
This year’s benchmark will open in June 2022.