In A Post-COVID 2021, Fashion Will Trend Toward Sustainability
Based on research conducted by the U.S. Cotton Trust
Protocol in 2020, here are three trends we can expect from the apparel industry
— as we emerge from COVID-19 and toward a more sustainable future.
This year — as a pandemic put much on hold; and the
US saw the most active hurricane season on record, with 30 named hurricanes —
the U.S. Cotton Trust Protocol conducted research to understand the
sustainability conversation in the apparel industry.
Looking towards 2021, here are three trends we can
expect from the apparel industry, based on the research we conducted in 2020 —
as we hopefully emerge from the COVID-19 pandemic.
Shoppers
want brands to meet their sustainability needs
Shoppers’ attitudes show a rising demand for sustainability in
their fashion. 51 percent of respondents in a Trust Protocol/Economist
Intelligence Unit survey of top executives at brands and retailers found that
customers were the main driver of sustainability in fashion over other
competition or environmental activists.
Consumers have a real influence on how apparel
companies do business, and the companies are concerned. In our survey with
Sourcing Journal, 49 percent of brands and retailers felt that if they did not
meet their sustainability commitments, their customers may choose to take their
business to a competitor.
These desires for sustainable goods will become
stronger in the coming years. A McKinsey survey found that 31 percent of Gen Z
and 26 percent of Millennials were willing to pay a premium for more
environmentally friendly products; only 17 percent of Gen Xers and 12 percent
of Baby Boomers were willing to make the same choices.
In 2021, the oldest members of Gen Z will be turning
24. As the younger generation’s buying power grows, their demand for
sustainability is going to grow with it. It’s going to be on brands and
retailers to respond to a larger portion of their customers willing to put the
environment first when it comes to how they spend their money. But the demand
for environmental products isn’t going to grow slowly over the coming years.
After the events of 2020, Gen Z will demand immediate changes.
COVID-19
has strengthened demand for sustainable products
In our Sourcing Journal study, 54 percent of brand
sustainability professionals felt there has been more demand since the pandemic
began. Additionally, in another consumer study from McKinsey, 57 percent of
shoppers agreed that they had made significant changes to their lifestyles to
lessen their environmental impact; and 64 percent of shoppers have decreased their
spending on clothing and footwear during the pandemic.
With new stories of successful vaccine trials every
day, the economy will begin to recover in 2021 and customers will return to
stores with these new attitudes towards clothes shopping. This means that
brands and retailers will have to pivot quickly to more sustainable products.
Brands
and retailers are changing practices throughout their supply chains
43 percent of Sourcing Journal respondents believe COVID-19 has
made a positive impact on their investments in sustainability. Sustainability
is not only a crucial strategic priority, but brands and retailers see it as
something that can fit reasonably into their business. Sixty percent of EIU
survey respondents also said implementing sustainability measures across the
organization was a main strategic objective, ranking only second to improving
the customer experience.
Seven out of 10 respondents to the EIU survey also
agree that “fast, affordable and sustainable fashion is achievable.” If it’s
possible, it’s important to determine what decisions brands and retailers are
making to get to a more sustainable fashion future. Going forward, brands and
retailers are making investments to better understand their global supply
chains’ impact and providing clear insights about their sustainability to their
customers.
Three-quarters of the apparel sustainability
professionals polled in the EIU study agreed that global standards and
certification are a good mechanism for measuring and evidencing a brand’s level
of sustainability to customers. And a quarter of them said the availability of
reliable data to help inform decision-making will be key to improving
sustainability over the next decade.
“While many brands and retailers are already working
with a range of sustainable cotton-sourcing programs, there is a growing need
for environmental metrics at the farm level,” said Tara Luckman, director of
Flourish CSR and advisor to the U.S. Cotton Trust Protocol. “Whether it’s water
usage or biodiversity, this data will be a valuable tool for brands as they
look to demonstrate the quantifiable impact of their sourcing decisions.”
The U.S. Cotton Trust Protocol, a new standard for
more sustainably grown cotton, is designed to ensure a more sustainable fiber
element of the global cotton supply chain.
“There’s a focus on setting a standard and on
reliable data. And we believe that’s what the U.S. Cotton Trust Protocol can
bring to the supply chain,” said Gary Adams, president and CEO of the U.S.
Cotton Trust Protocol. “Our objective with this new system is to help brands
meet these new demands with verifiable goals and measurement, and by driving
continuous improvement in key sustainability metrics. “
A combination of a unique credit accounting system
and the Permanent Bale Identification (PBI) system enables brands to have
transparency throughout the supply chain to finished product. Companies across
the globe who join the Trust Protocol have access to the Trust Protocol credit
system to validate the consumption of cotton and associated credit.
Through quantifiable and verifiable goals and
measurement, the Trust Protocol can drive continuous improvement in sustainable
cotton production in six key sustainability metrics: land use, soil carbon,
water management, soil loss, greenhouse gas emissions and energy efficiency.
Brands and retailers can use these data points to show progress against their
committed pledges and goals. Enrolling in the Trust Protocol can help brands
and retailers receive the data they need to ensure that the cotton fiber
element of their supply chain is sustainably grown.
The Trust Protocol gives evidence to the
sustainability credentials that are proven via Field to Market: The Alliance
for Sustainable Agriculture, measured via the Field Calculator and verified
with Control Union Certifications, and is aligned with the UN Sustainable
Development Goals.
As we enter 2021, sustainability systems such as the
U.S. Cotton Trust Protocol can help the global apparel industry continuously
improve its sustainability through better data and better understand the
elements of its worldwide supply chain, moving us all toward our goal of
protecting the planet.
Published Nov 30, 2020 7am EST / 4am PST / 12pm GMT
/ 1pm CET
Sponsored
Content / This article is sponsored by U.S. Cotton Trust Protocol.
This article, produced in cooperation with the Sustainable
Brands editorial team, has been paid for by one of our sponsors.
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