According to a new report from the Global Fashion Agenda and McKinsey & Co.entitled Fashion on Climate, the global fashion industry will miss its 2030 emissions reduction targets by 50 percent if it continues on its current path. In 2018, the apparel and footwear industry was responsible for around 2.1 billion tons of CO2 emissions, which corresponds to 4 percent of the world’s total. If action is not taken to improve the situation, its CO2 emissions are projected to rise to around 2.7 billion tons a year by 2030, namely more than double the maximum emissions required to align with the 1.5-degree target to mitigate climate change over the next ten years.