Concrete application of sustainability principles, shared standards for traceability and implementation of eco-design projects. This evidence has emerged in the second Annual Report by the Monitor for Circular Fashion, which sets out the roadmap for the fashion industry towards a future that is more in line with the principles of the circular economy. The Monitor, which forms part of SDA Bocconi Sustainability Lab and is powered by Enel X – the Enel global business line dedicated to innovative services, is a monitoring center established in 2020 with the aim of providing constantly updated representation of the sustainability of the Italian fashion system. It does so by identifying the qualitative and quantitative key performance indicators (KPIs) for circularity, and by evaluating business models and their applications.
“Now in year two, we are presenting the results of the Monitor for Circular Fashion, which has proved to be a highly successful tool for appropriate measurement of the levels of circular maturity in the biggest businesses in the fashion industry, a crucial sector for this country,” stated Nicola Tagliafierro, Head of Sustainability at Enel X. “The evidence tells us that fashion companies are increasingly moving towards business choices in line with the ecological transition, but there remains much to do in terms of energy efficiency and self-generation from renewable sources. In both of these segments, Enel X acts as a benchmark for excellence and innovation across the entire market.”