The third year of the Monitor for Circular Fashion, which is part of SDA Bocconi's Sustainability Lab and powered by Enel X, has just begun. In addition to working with new partners, new features for 2023 include dialogue with the younger generation and support for sustainable and circular fashion startups.
Francesca Romana Rinaldi, Director of the Monitor for Circular Fashion asserts, "The Monitor for Circular Fashion 2022 Report - available on the Observatory's website along with the full video of the event - highlighted four priorities for stakeholders wishing to drive circular change in the fashion industry: implement eco-design principles; help create a common standard of traceability and transparency in order to build reliable sustainability claims; invest in technological innovation to accelerate the sustainable and circular transition, with a focus on traceability technology in pursuit of the Digital Product Passport; and support circular innovations through collaboration and cooperation among companies in the supply chain."
The Monitor for Circular Fashion involves more than 20 ingredient brands, vendors, brands, retailers and service providers in the Italian fashion industry along the entire supply chain, from upstream to downstream, and a KPIs Committee to measure circularity. The community of companies, chosen because they are front-runners of sustainability and circularity in the fashion industry - starting from Europe, with a global vision - will continue the virtuous path of discussion on the opportunities and challenges of circularity in 2023 with the aim of identifying and developing concrete and measurable solutions.
YKK, TOD's Group, UNIC, ICEC, and Lectra are among the players joining the companies already present in 2023. The Monitor for Circular Fashion will continue to welcome companies that wish to anticipate and drive sustainable and circular change in Textile, Apparel, Leather and Footwear value chains, starting with traceability and supply chain transparency.
Numerous initiatives will see the active involvement of companies in the community along with students interested in sustainability and circularity in the fashion industry and startups born both circular and sustainable such as SDA Bocconi's C-Factor, which will be launched in the coming months in collaboration with the upcycling platform Must Had.
The first plenary meeting on January 25 sought to remember Vivienne Westwood after her recent passing with her "Letter to the Earth."
Experiential plenary meetings and pilot projects to implement and test KPIs will continue throughout the year, along with the Monitor for Circular Fashion companies' commitment on supply chain traceability and transparency to the UNECE (United Nations Economic Commission for Europe) Sustainability Pledge first presented during the UNECE-SDA Bocconi event in September 2021.
SDA Bocconi School of Management