Over 30 renowned fashion brands, manufacturers and recyclers are collaborating in a new initiative to capture and reuse textile waste in Bangladesh
February 10, 2021 - Global Fashion Agenda today announced the participants of the Circular Fashion Partnership, including the global brands Bershka, Bestseller, C&A, Gina Tricot, Grey State, H&M Group, Kmart Australia, Marks & Spencer, OVS, Pull & Bear, Peak Performance and Target Australia. The Circular Fashion Partnership is a cross-sectorial project led by Global Fashion Agenda, with partners Reverse Resources, The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and P4G, that aims to achieve a long-term, scalable transition to a circular fashion system.
The partnership facilitates circular commercial collaborations between major fashion brands, textile and garment manufacturers, and recyclers to develop and implement new systems to capture and direct post-production fashion waste back into the production of new fashion products. In addition, the partnership seeks to find solutions for the COVID-19 related pile-up of deadstock and to engage regulators and investors around the current barriers and economic opportunities in the country.
Participating brands, garment manufacturers and recyclers include:
The partnership is still welcoming new applicants; companies can get in touch here.
Through collaboration among the participants, the partnership aims to build a successful business model for adopting more circular processes. It plans to facilitate a decrease in textile waste and increase the use of recycled fibres, distributing value throughout the fashion value cycle and generating economic benefits in Bangladesh by accelerating the fiber recycling market.
The initiative is focusing on Bangladesh as it arguably possesses the most in-demand and recyclable waste of any garment producing country, but the majority of its waste is currently being exported and/or downcycled. Therefore, there is a substantial opportunity to make it a leader in circularity by scaling the recycling capacity in the country and generating more value from these waste streams. Following the hardships in the country generated by COVID-19, this approach also aims build industry resilience for the future.
The business model and project learnings will be presented at the end of 2021 in a ‘Circularity Playbook for Bangladesh’, which will be used as a guide to replicate the partnership in other countries, such as Vietnam and Indonesia.
Morten Lehmann, CSO, Global Fashion Agenda, says; “To establish a circular fashion system we need to reimagine 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.”
Miran Ali, Director, BGMEA, says; “Circular economy is not merely just a concept; it is the future! Fashion industry is historically following the linear model of business “take-make-dispose” but now we stand at such a critical juncture where we cannot afford to continue this linear model. Moreover, demand for circular apparel is increasing and brands are coming with pledges towards it, so as manufacturers we have to embrace it and align ourselves with the global trend. Bangladeshi factories typically produce larger volumes of the same item, meaning that waste is more standardized; therefore, Bangladesh can be a global leader in the area of circular economy. We believe CFP is a good platform to start the journey."
Ann Runnel, CEO, Reverse Resources, says; “Brands are making strong commitments and targets towards circularity however, there are not many scalable options for circulating and handling waste. In this project we turn our attention to practical solutions that many best recycling technologies face when sourcing textile waste and use traceability as a tool to help them lower costs and increase the quality of the waste they source. Post-production waste is currently the low hanging fruit for supporting this emerging recycling industry to start closing the loop at scale, whilst we prepare for the even greater challenge of circulating post-consumer waste.”
Leila Yim Surratt, Director of Strategy and Engagement, P4G, says; “The Circular Fashion Partnership is an excellent example of how P4G’s dynamic network in Bangladesh and action-oriented global ecosystem can work together to deliver transformative impact in an industry that is critical to Bangladesh’s economic recovery. We look forward to unlocking the investment potential of this partnership and providing opportunities to share Bangladesh’s leadership with other P4G country partners like Vietnam and Indonesia.”
Find out more about the Circular Fashion Partnership.
For media inquiries contact:
Sangeetha Sarma, Head of Communications, P4G, Sangeetha.firstname.lastname@example.org
Alice Roberta Taylor, Senior Communications & PR Manager, Global Fashion Agenda, email@example.com
About Global Fashion Agenda
Global Fashion Agenda is the leading forum for industry collaboration and public-private cooperation on fashion sustainability. Our mission is to make sustainability fashion’s first priority, and to mobilise and guide the fashion industry to take bold and urgent action on sustainability.
In partnership with our Strategic Partners, ASOS, BESTSELLER, H&M Group, Kering, Li & Fung, Nike, PVH Corp., Sustainable Apparel Coalition, and Target, our Strategic Knowledge Partner, McKinsey & Company, and our Strategic Communication Partner, Karla Otto, we spearhead the fashion industry’s journey towards a more sustainable future. A non-profit organisation, Global Fashion Agenda is behind yearly guidelines, reports, the leading business event on sustainability in fashion, Copenhagen Fashion Summit, the digital event CFS+ and the Innovation Forum – a curated platform that showcases solution providers.
About P4G: Pioneering Partnerships, Investing in Impact
P4G – Partnering for Green Growth and the Global Goals 2030 - is a global platform accelerating market-based partnerships to build sustainable and resilient economies. P4G bridges the gap between development and investment agendas to deliver inclusive, transformative solutions to meet the Sustainable Development Goals and the Paris Climate Agreement. P4G mobilizes a global ecosystem of 12 partner countries and 6 organizational partners to unlock opportunities for 50+ partnerships working in five SDG areas: food and agriculture, water, energy, cities and circular economy.