The Case for a Circular Fashion Industry
One of the missions of Enel X is to facilitate the transition toward a circular economy. The fashion industry is one of Italy’s most strategic economic sectors and among those with the most significant negative impact on the environment. Therefore it needs to become a key driver of the circular economy if we want a more sustainable future. To contribute to creating a more sustainable economy, Enel X and SDA Bocconi have teamed up to produce the Monitor on Circular Fashion, an overview that provides clear visibility into the circular maturity level of the Italian fashion industry. The Monitor on Circular Fashion uses an Enel X methodology that is cross-sectoral, measuring how a company applies circular economy principles all along its value chain; it is also specific, because it looks at how a company applies those principles in terms of energy management and consumption at a specific site — for example, a textile factory. The Monitor promotes a sustainable value chain for zero-impact fashion products that meet the demands of increasingly environmentally conscious consumers.
During its first year, the Monitor for Circular Fashion held training brainstorming and methodological sessions on circular fashion business models at Milan’s SDA Bocconi, which conducted a survey to identify industry-specific KPIs and carried out in-depth one-on-one interviews.
Enel X compiled a Circular Economy Report with corporate and site energy circular energy assessments; conducted one-to-one sessions to pinpoint the main gaps; and created a tailored roadmap of solutions to increase circularity levels.