谁在引领时尚？2025年奢侈时尚可持续发展报告与传播基准

2025 luxury fashionsustainability reporting & By Context Contents03Why luxury fashion?06A bit about Context07Overview: Results snapshot08What we did10What we found: Insights by category14Our recommendations19Appendix Why luxury fashion? Luxury fashion carries an aura ofsustainability, with its high pricesand exclusivity hinting at superiorquality and thoughtfulcraftsmanship—a perception oftenreinforced by the brands The industry is starting to do more aboutsustainability... slowly Luxury fashion is growing, and so is itsimpact It’s not all bad—luxury fashion is making some positivestrides. Adoptinginnovative materialslike plant-basedleathers, setting GHGemissions reduction targets, andsupportingresale platformsto reduce waste are justsome of the ways the sector is slowly evolving. While The luxury fashion market isprojected to growfrom approximately€234 billion in 2025 to€310billion by 2030. And as the industry grows, so do itsenvironmental and social impacts. The wider fashion sector is estimated to account forup to 8%of global GHG emissions and ranks as the Communicating these initiatives effectively is increasinglyvaluable for business. Luxury fashion companies couldreap big benefitsfrom sharing their sustainabilityperformance, withnearly three in fiveluxury consumers Increasingscrutiny of the social aspectsof luxuryfashion has also revealed incidents of workerexploitation, with some suppliers paying as little as The sector faces serious ethical andenvironmental challenges, includinggrowinggreenhouse gas (GHG) emissions, presence of Chemical useis another area of concern.Studieshave shown that some luxury garments containcompounds known to be harmful to human health—includinghazardous substancessuch as A2023 surveyfound that over half of European luxuryconsumers were willing topayup to 10% morefor luxurygoods produced and delivered with environmentalimpacts in mind. Transparent sustainability reporting Even the most meticulously crafted luxury itemscannot be assumed to be made sustainably. Afterall, it’s been widely understood that ‘sustainable It's time for transparency However, this culture of secrecy is becoming increasinglydifficult tomaintain. Growingconsumer awarenessand According to fashioncomparison platform Good on You,many luxury brands remainreluctant to disclosedetailedinformation about their supply chains, oftenin an effort to We wanted to know more AtContext, we recognise that luxury fashionhas theopportunity todo better. It can set the standard for both The EU’s Ecodesign for Sustainable Products Regulation(ESPR) requires products to meet minimum standards fordurability, repairability, recyclability, and resourceefficiency. Under the ESPR, apparel items must include a This means limited public information about the social andenvironmental elements of their supply chains, which iswherethe majority oftheindustry’s impactslie. Some ofthe hesitation may also reflect an uncomfortable truth for innovation and sustainability, influencing not only itsniche market, but the wider fashion ecosystem. With itsinfluential status, growing consumer base and access toemerging innovative materials, luxury fashion has the potential to scale more sustainable business models and A key factor of sector-wide change istransparency. Thisreport looks at how well leading luxury fashion companies Regional reporting requirements like the EU’sCSRDarealso setting clearer standards for disclosure andaccelerating the shift toward morerobust, identify, manage and reporttheir work on keysustainability areas, rather than evaluating their actual We analysed the publicly available sustainability reportingof10 global luxury fashion companies, selected basedon the highest revenue from fiscal year 2024 (FY24)—withone exception noted in our methodology.We refer to theentities assessed as ‘companies’ throughout this reportrather than ‘groups’ for consistency, noting that 9 out of 10 We found that companies generally disclose theirsustainability strategies and governance processes well.But there’s more work to do, especiallywith respect to Key terms Corporate Sustainability Reporting Directive(CSRD) Science Based Targets Network(SBTN) International Financial Reporting Standards(IFRS) Coalition of organisations helping companies and cities Global accounting and sustainability disclosurestandards. Includes IFRS S1 and S2 disclosure standardsfor sustainability-related financial information. Overseenby the not-for-profit IFRS Foundation, which established EU legislation that requires annual reports to incorporate Taskforce on Climate-related Financial Disclosures (TCFD) Double materiality assessment(DMA) Framework created to increase and improve reporting ofclimate-related financial risk disclosures. Oversight of A process companies use to identify and report onsustainability issues significant to their business from Sustainability Accounting Standards Board(SASB) US-based sustainability standa