New report: Redesigning fashion’s future by The Good Shopping Guide | Dec 4, 2017 | Ethical Shopping Blog | 0 comments A new landmark report has been published, A new textiles economy: Redesigning fashion’s future. Produced by the Ellen MacArthur Foundation, the report identifies the fashion industry’s current take-make-dispose model as the root cause of its environmental problems and economic value loss. Every second, the researchers cite, the equivalent of one garbage truck of textiles is landfilled or burned. An estimated USD 500 billion value is lost every year due to clothing that’s barely worn and rarely recycled. If nothing changes, by 2050 the fashion industry will use up a quarter of the world’s carbon budget. Additionally, it has been found that washing clothes releases half a million tonnes of plastic microfibres into the ocean every year, equivalent to more than 50 billion plastic bottles. After assessing the situation that the fashion industry faces, the report lays out a vision for a system that not only puts a stop to these damaging trends, but also summons the creative power of the fashion industry to build a textiles system that provides benefits to business, society, and the environment. Read more. You can also view the report here. *View the latest ethical index rankings for the world’s fashion brands.