Launched in autumn 2024 by the Finance for Biodiversity (FfB) Foundation, FABRIC is a collective investor engagement programme addressing the textiles and apparel sector’s impacts on nature. The initiative unites investors to drive biodiversity-positive practices in textiles and apparel.
Objective:
Promote sustainable transformation in the sector through investor collaboration.
Engaged companies
16 global leaders across luxury, fast fashion, sportswear, and retail:
Adidas, Birkenstock, Brunello Cucinelli, Fast Retailing, H&M, Hermès, Hugo Boss, Inditex, Kering, LVMH, Moncler, Nike, PVH, Ross Stores, TJX, VF Corp.
Investor collaboration
16 investor members are the driving force behind FABRIC.
Achmea IM, Aéma Groupe, CDC Croissance, Domini Impact Investments, EOS at Federated Hermes, LBP AM, ODDO BHF AM, Ofi Invest AM, Pictet Group, Robeco, Sycomore AM, Swedbank Robur, Vancity IM.
Investor expectations
- Commit to biodiversity-positive practices
- Improve supply chain traceability
- Apply circular economy principles
- Set science-based, time-bound targets
- Align disclosures with TNFD
Why textiles and apparel?
The textiles and apparel industry is one of the most environmentally damaging sectors globally, contributing heavily to carbon emissions, microplastic pollution, excessive water use, and waste. It is responsible for:
- ~10% of global carbon emissions
- 35% of primary microplastic pollution
- ~20% of global water pollution from dyeing and finishing
- 3,781 litres of water to make one pair of jeans
FABRIC supports the Kunming-Montreal Global Biodiversity Framework to halt and reverse biodiversity loss by 2030.
Resources:
FABRIC develops tools and materials to help investors engage and promote sustainable practices.
