Inditex expects around 40% of its fibres to come from conventional recycling and 25% from sustainably farmed crops while roughly 25% will be next-generation fibres.
The announcement was made by chief executive Oscar Garcia Maceiras as part of the annual shareholders meeting in A Coruna, northern Spain.
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Inditex also plans to cut emissions along its value chain by 50% in 2030 (on its path to attaining net zero emissions by 2040), expand its circularity projects and pursue new biodiversity initiatives which will recover and regenerate at least five million hectares in different parts of the world.
“These and other initiatives will enable Inditex to reduce its emissions by over 50% in 2030, on its path to achieving net zero emissions in 2040, with a reduction of at least 90%,” Inditex said.
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