Ralph Lauren hails USRCF's selection as AIM for Climate sprint partner

The selection was announced during the United Nations Climate Change Conference (COP26) in Glasgow on November 2.

“We must come together as a global community to address the challenges of today so that future generations inherit a world filled with natural beauty and inspiration. That’s why we are working toward our Net Zero goal, and it’s why the US Regenerative Cotton Fund, created through partnership between the Ralph Lauren Corporate Foundation and the Soil Health Institute, complements our goals. We’re honored that this work is recognized as an AIM for Climate Innovation Sprint Partner,” said Ralph Lauren president and chief executive officer Patrice Louvet in a press release.

The Ralph Lauren Corporate Foundation committed an inaugural $5-million grant to the Soil Health Institute to launch the US Regenerative Cotton Fund, a first-of-its-kind initiative to support long-term, sustainable cotton production in the United States, with the goal of eliminating one million metric tonnes of carbon dioxide equivalent from the atmosphere by 2026.

Recently, the company also joined a series of commitments reflective of the scope and mission of COP26 that underscore ongoing efforts made as part of its global citizenship and sustainability goals.

As a member of the UN Fashion Industry Charter for Climate Action and the Textile Exchange, the company signed a policy statement issued to all COP26 participating nations requesting that policymakers work closely with the apparel, textile and footwear industry to develop thoughtful trade policy mechanisms, specifically those that would drive the adoption of environmentally preferred materials and enable achievement of the Textile Exchange’s industry goal of a 45 per cent greenhouse gas emissions reduction by 2030 in the pre-spinning phase of textile fibre and materials production, in line with the Paris Agreement.

Fibre2Fashion News Desk (DS)