Friday, April 19, 2024
HomeFashionItaly's Gucci becomes strategic partner of Ellen MacArthur Foundation

Italy’s Gucci becomes strategic partner of Ellen MacArthur Foundation




Italian luxury fashion house Gucci has become a strategic partner of the Ellen MacArthur Foundation to accelerate its vision of a circular economy for the future. The company has also published its 2021 Gucci Equilibrium Impact Report that expands on the initiatives that the House has created to promote inclusivity, protect the environment and develop eco-friendly sourcing solutions among other things.

The new partnership complements the House’s ongoing commitment to generate positive change for people and the planet.

Italian luxury fashion house Gucci has become a strategic partner of the Ellen MacArthur Foundation to accelerate its vision of a circular economy for the future. The company has also published its 2021 Gucci Equilibrium Impact Report that expands on the initiatives that the House has created to promote inclusivity and protect the environment.

Driven by Gucci’s philosophy to constantly evolve and act to support social and environmental transformative change, the strategic partnership will build on the House’s existing circular economy strategy underlined by the three key principles – eliminate waste and pollution, circulate products and materials, and regenerate nature, Gucci said in a media release.

Gucci has been advancing its approach across its entire value chain for many years: from using recycled materials to promoting materials from organic and regenerative production systems; to inspired design and innovation, including its Gucci Off The Grid collection and its animal-free Demetra material; to manufacturing solutions to reduce scraps and upcycle material leftovers with Gucci-Up and Gucci Scrap-less, through to prolonging and extending its collections, including product care, as well as new experimentations for resale and customised vintage on Gucci Vault.

“For us, purpose and progress are paramount to the very ethos of Gucci. We are constantly experimenting and evolving to drive positive impacts in the Gucci community, and in the wider world,” said Marco Bizzarri, president and CEO of Gucci. “The second edition of our Gucci Equilibrium Impact Report for 2021 is a testament to our resolve to continue building a responsible and sustainable business. It is in this spirit we are excited to announce our partnership with the Ellen MacArthur Foundation to further strengthen our commitments to circularity and regenerative agriculture, expanding on the many initiatives we have already established.”

As a leading authority on the circular economy, the Ellen MacArthur Foundation will support Gucci to further scale and embed the principles of the circular economy. In its initial phase, these collaborative efforts will include leading with circular by design and advancing regenerative agriculture.

Gucci is committed to increase its collections with circular principles across its products’ life cycle. Driven by design, the principles will help guide Gucci’s ambition to continue innovating on products that are used more, made to be made again, and made from safe and recycled or renewable inputs. The Foundation will bring its expertise on circular design to inform an analysis of the House’s efforts to help pinpoint areas where circularity can be embedded in design and inspired creation. Educational resources and courses will be offered to deepen knowledge and operational know-how of circular economy principles and practices.

Beginning in 2020, Gucci has been scaling its investment in regenerative projects, under its Natural Climate Solutions Portfolio, across key raw materials, underpinning its circular economy approach. The Foundation will provide insights that inform and enable the House to champion an industry commitment to source regeneratively, the release added.

“We are thrilled to be partnering with Gucci to redesign the future of fashion. Through Gucci’s passion for people and the planet, and the Foundation’s circular economy expertise, we can innovate towards industry led solutions for fashion designed to be used more, made to be made again, and made from safe and recycled or renewable inputs. Shifting towards a circular, regenerative economy for fashion we can help tackle the root causes of global challenges including pollution, climate change, and biodiversity loss,” said Andrew Morlet, CEO, Ellen MacArthur Foundation.

As for the 2021 Gucci Equilibrium Impact Report expands on the brand’s initiatives meant to achieve tangible and measurable results, with highlights such as meaningful progress on diversity and inclusivity, including gender equality and accessibility; positive social change in local communities through Chime For Change and Gucci Changemakers programmes; minimising total environmental impacts while protecting and restoring nature, with additional investments in regenerative agriculture; and innovating and embedding the circular economy principles into design and manufacturing.

Fibre2Fashion News Desk (KD)





Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments