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McKinsey confirms: fashion can become 80% circular through pre-competitive collaboration to scale textile recycling

The new Scaling Circularity report by McKinsey & Company demonstrates the potential for pre-competitive collaboration to scale textile recycling technologies

The textile recycling opportunity offers the potential to drive up to 80% circularity in the fashion value chain, whilst also creating jobs and value for investors

Scaling textile recycling could build a 10 – 20 bn USD market.

All major recycling technologies found to have better environmental impact across several indicators

The Circular Fashion Partnership programme in Bangladesh has demonstrated how industry actors can work together to overcome barriers to scaling nascent recycling markets

- The report is co-authored by Reverse Resources, building its arguments heavily on the research and insight developed by us over the past 7 years, and verifying many of our findings.

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What happens to the fashion waste globally?

The conversation of sustainability and conscious consumption has finally reached the doorsteps of fashion consumers. They are beginning to ask important questions like “How much waste does the fashion industry generate?” (read our previous blog) and “Where does the fashion industry’s waste end up?”. These are closely followed by “Well then, why isn’t the waste being recycled?”. All these questions are perfectly valid questions to ask, the answers though are laden with complexities and not quite straight forward.
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Textile waste mapping of Morocco and Tunisia launched

After more than a year of hard work and research, Reverse Resources is proud to share the final textile waste mapping report for Tunisia and Morocco. This report was developed and compiled in partnership with our colleagues at Blumine, under the UNIDO SwitchMed program. The report is a significant step towards establishing an effective circular economy system in the Moroccan and Tunisian textile industries. The data presented in this report shines light on the significant potential for both markets to become leaders in circular textile waste management.
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Circular Fashion Partnership officially launched

Over 30 renowned fashion brands, manufacturers and recyclers are collaborating in a new initiative to capture and reuse textile waste in Bangladesh.

Global Fashion Agenda today announced the participants of the Circular Fashion Partnership, including the global brands Bershka, Bestseller, C&A, Gina Tricot, Grey State, H&M Group, Kmart Australia, Marks & Spencer, OVS, Pull & Bear, Peak Performance and Target Australia. The Circular Fashion Partnership is a cross-sectorial project led by Global Fashion Agenda, with partners Reverse Resources, The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and P4G, that aims to achieve a long-term, scalable transition to a circular fashion system*.

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HOW MUCH DOES GARMENT INDUSTRY ACTUALLY WASTE?

Post-consumer waste has been under central discussion of the circular economy in fashion industry for the last 5 years. Same time, RR team has been mainly working on building statistics and data to estimate the volumes of industrial waste from fashion production. Any public data about this matter is globally unaccessible. However, based on the research we’ve done mapping out the post-industrial waste in 20 countries, we can make some estimates.

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