Bangladesh Recycling Scheme Backed by Major Fashion Brands.
The Circular Fashion Partnership announced recently that it is bringing major fashion brands such as H&M and Bangladeshi recycling firms and garment manufacturers together to collaborate on cutting down textile waste and reuse materials in creating new products in Bangladeshi garment factories.
The Circular Fashion Partnership is a cross-sectorial project led by Global Fashion Agenda, with partners Reverse Resources, BGMEA and P4G, that aims to achieve a long-term, scalable transition to a circular fashion system.
Other major fashion brands to join the Bangladeshi recycling scheme include OVS, Marks & Spencer, Berska, Pull & Bear, C&A and Kmart Australia.
McKinsey & Company in 2020 put the fashion industry's global climate-warming emissions at 4 percent. However, in 2019, a UN report put the fashion industry’s share of global carbon emissions at 10 percent.
As the world's second-largest producer of clothes, Bangladesh's economy depends heavily on the garment industry but lacks the necessary resources to move to a more circular fashion business model. The initiative will focus on Bangladesh as it is seen to possess the most recyclable waste of any garment producing country. It will facilitate a decrease in textile waste and an increase in the use of recycled fibers. This, in turn, will distribute value throughout the fashion value cycle and generate economic benefits for Bangladeshis.
Re-imagining the production process.
Global Fashion Agenda's CSO Morten Lehmann said: "To establish a circular fashion system we need to re-imagine the production process so that it appreciates the value of textile waste. It is encouraging to see so many prestigious companies sign up to the Circular Fashion Partnership and, with their help, I am confident that we can demonstrate a strong business model for circularity that can be mirrored by others in the future."