With the publication of the A New Textiles Economy report in 2017, the Ellen MacArthur Foundation shed light on the impact of the fashion industry and inspired many industry players to take action to unlock the environmental and economic benefits. that a circular economy for fashion can bring to the economy, the environment and society. YKK has a long history of working to protect the planet through its products and processes and is further engaging in actions and developments aligned with the Foundation’s circular economy principles, the company said in a press release.
When it comes to the movement of products and materials, YKK’s latest innovation is the TouchLink slider, which makes digitally connected clothing a reality and enables brands to reveal the hidden value of clothing throughout its life cycle. The TouchLink slider makes it easy to deploy product passports to help keep products in circulation.
YKK Corporation has joined the Ellen MacArthur Foundation network to further demonstrate the company’s commitment to advancing the circular economy. As YKK has long been a partner of brands driving circularity in the fashion industry, becoming a member of the foundation’s network was a step towards enabling closer collaboration between different stakeholders.
Regarding the regeneration of nature, YKK published its environmental charter in 1994, which proclaims “harmony with the environment” as the highest priority of its business activities. YKK signed the Fashion Industry Charter for Climate Action in March 2020 and confirmed this commitment in October 2020, with the publication of its Sustainability Vision 2050, the company’s roadmap to combat climate change, material resources, water resources, chemicals management and human rights, and aligned its efforts with ten UN SDGs. In March 2021, YKK’s emissions reduction targets were endorsed by the independent Science Based Targets (SBTi) initiative.
Currently, YKK is focused on developing products designed to work with apparel recycling systems and digital product passports. The development of these and other technologies will be key to ensuring that future apparel meets user needs and provides brands and retailers with opportunities to develop products for circular business models, such as repair, remanufacture, rental, resale and recycling.
By becoming a member of the Foundation’s network, YKK hopes to connect with key players across industries, learn how to better promote circularity, and collaborate on new product developments that can enable circular business models in the fashion industry.
“We are excited to join an organization of like-minded businesses focused on creating a circular economy,” said Asako Yoshioka, Vice President of Sustainability at YKK Corporation. “Sustainability has been part of YKK’s DNA from the start and joining the Ellen MacArthur Foundation is another step in our journey to help create a circular economy that will benefit the economy, the environment and society. ”
Fibre2Fashion (RR) Press Office