Textile Exchange aims to drive systemic change by 2030 in the textile industry

From Yahoo Finance: 2025-06-30 08:12:00

Textile Exchange, under new CEO Claire Bergkamp, shifts focus to expedite industry initiatives and achieve tangible results at raw material production’s inception. Global fibre production hit 124m tonnes in 2023, projected to reach 160m tonnes by 2030. Despite growth, industry struggles to meet 45% greenhouse gas reduction target aligned with Paris Agreement for 2030.

Textile Exchange’s new strategy prioritizes engagement, climate impact, and standards system enhancements. CEO Bergkamp emphasizes the need for clarity, alignment, and collective effort to drive transformation. Mission now aims to change material production, selection, and reuse for the benefit of communities and landscapes, focusing on overcoming structural and economic barriers.

Textile Exchange plans to drive systemic change by 2030 through intensified efforts, enhanced engagement model, and partnership alignments. Chief Strategy Officer Ashley Gill stresses interconnectedness of climate resilience, biodiversity, and sustainable material sourcing. The organization’s five-year plan emphasizes the importance of recognizing and addressing these issues collectively for meaningful progress.



Read more at Yahoo Finance: Textile Exchange sets five-year plan to drive ‘systemic change’ by 2030