PARIS – New research from the Organisation for Economic Cooperation and Development (OECD) calculates that the issue of textile waste costs the industry around £414 million per annum, due to clothing underutilisation which is subsequently discarded.
The OECD’s research is a call to arms for all industry stakeholders to transform their business practices in order to reduce apparel overconsumption, mitigate the associated CO2 emissions, and achieve resource savings.
It’s noted that the £414 million worth of unused apparel translates to more than 1.7 billion tonnes of CO2, a sum which will likely increase year-on-year if a linear approach to apparel production and consumption continues.
