The world’s garment and textile industry plays a significant role in the global economy. The industry has dramatic social, environmental and economic impacts. The potential for disruptive innovation is enormous, but often this potential is not unleashed due to systems roadblocks.
The world’s garment and textile industry plays a significant role in the global economy. Encompassing clothing, textiles, footwear and luxury goods, it reached USD 3 trillion in turnover in 2011. One of the world’s oldest industries, it has however often turned a blind eye towards its environmental and social impacts and an overall sustainable vision for the industry is lacking1. Materials and manufacturing have a dramatic social, environmental and economic impact on the world.
However, the potential for disruptive innovation to reduce the water, CO2, and chemical footprints of the materials industry is enormous. Creating a win-win situation of increased productivity and competitiveness, as well as improved social and environmental performance is possible. Going green does not have to equal loss of competitiveness. From the way textiles and garments are designed and produced and to the way they are distributed, sold, reused and disposed of, there is an urgent need and a great potential to unlock value in all major steps of the global supply chain.
3GF works as a platform for convening stakeholders of the industry that wish to tackle the social and environmental challenges of textile and apparel industry, which has resulted in several partnerships being launched and initiated.
1:"Creating Sustainable Apparel Value Chains: A Primer on Industry Transformation", by Maximilian Martin, Impact Economy, 2013