Despite record numbers of science-based targets and pledges, industry emissions rose 7.5% from 2022 to 2023 alone (Aii). These emissions will have direct consequences, with Aii analysis showing that climate risks could impact bottom lines by up to 34% by 2030 and 67% by 2040.
But continued reliance on fossil fuels not only locks in emissions—it exposes the industry to escalating financial and geopolitical risk. Apparel manufacturing relies heavily on fossil fuel-based thermal energy, particularly in Tier 2 processing, leaving suppliers exposed to volatile oil and gas markets. The vulnerability of the Strait of Hormuz amid the 2026 Iran crisis is a stark illustration of this risk, driving up costs across the stages where emissions are most concentrated.
Decarbonisation will require action on multiple fronts—from curbing overproduction to scaling next-generation fibres—but tackling Tier 2 energy use is particularly critical. Heat needs of up to 150°C can already be electrified using existing technology, yet uptake remains limited. The challenge isn’t technological readiness; it’s finance, risk-sharing, and transparency. Without collective action, suppliers cannot absorb the multi-million-dollar costs of transition alone.
Our panel will explore the practical next steps for apparel’s net-zero transition, asking:
- Why is progress on decarbonisation so slow? Are the barriers operational, financial, or systemic?
- What proven, cost-effective solutions already exist?
- What role can brands play in grid advocacy and collective power purchase agreements to unlock renewable infrastructure at scale?
- What are the financial models and board-ready pitches for sharing upfront and operational costs?
What to expect from this type of session...
Main stage sessions, but not as you know them. Because we’re off-the-record, leading experts can speak candidly about their experience with what works, and what doesn’t. At least half the session is dedicated to audience insights and questions to ensure we tackle the big issues head on.
