ESCP Europe

Item type

Study and report

Dissertation

• MIM Master in Management Grande Ecole

Language

English

Publication year

2021

Subjects

TEXTILE SECTOR - CLOTHING SECTOR - READY MADE CLOTHING AND READY TO WEAR SECTOR - SUSTAINABLE DEVELOPMENT - RECYCLING - RECOVERY SECTOR - ENVIRONMENTAL PROTECTION - ENVIRONMENTAL MANAGEMENT - NATURAL HERITAGE

Geographical area

GENERAL

The fashion industry - the second most polluting industry in the world - is facing an environmental emergency. The take, make, waste model which we have been following for decades is no longer sustainable. We have reached a critical point in history where we are consuming natural resources faster than they can regenerate themselves. There is a fundamental need for an alternative to this model, and shifting this industry from a linear model to a circular one appears to be the key. Indeed, creating an economy in a loop (circular economy) would satisfy demand while reducing our environmental footprint and helping us regain a sustainable pace of production and consumption. This paper aims to offer a global analysis of the different actors playing an active role in this seismic shift towards a circular economy, and of the various practices being adopted.