Until last year the Made in Italy occupied the second place of the national GDP, with a turnover of 97 billion euros in 2018.
The World Economic Forum has brought out how the fashion industry is the second most polluting sector in the world after the oil industry.
Every year, fashion is responsible for the 10% of global greenhouse gas emissions (CO2) and contributes to the dissipation of 20% of total water resources used in various production phases (dyeing, printing, finishing and of course also to maintain cotton plantations).
Fashion supports a turnover of 225 billions, and occupies with stable employment more than 300 million people globally and contributes significantly to the world's wealth.
According to the UN, it is estimated that the fashion sector consumes more energy than air transport and maritime transport combined.
Every year the85% of fabrics, are accountable for further polluting the planet because of PM10, PM5, PM1.
Textiles and clothing have huge impact on ocean pollution: about 60% of total clothes are made of polyester which after being washed, releases about 500 thousand tons of microfibers in waterways (the equivalent of 50 billion plastic bottles).
= 50 BILLION
VALERIA MANGANI is:
President of Sustainable Fashion Innovation Society, which organizes Phygital Sustainability EXPO, strongly wanted by the Lazio Region.
Founder of MADE IN ITALY LUXURY, a platform for the internationalization of handmade luxury of Made in Italy in Qatar and in high-spenders niche markets.
Elected main representative INTERNATIONAL WOMEN ALLIANCE at the UN institutions based in Italy: FAO, IFAD, WFP.
Factors such as artificial intelligence, biotechnology, blockchain, industrial digitization, CRISPR, luxury up-cycling. These are just some of the inevitable factors in the immediate future.
Consumers today expect an authentic commitment from brands to ethical and environmental values, not only as a brand narrative, but also as an integral part of the brand's DNA. And this is why the ethical-environmental factor is mandatory to keep “digital-first” customers on the frontier of digital land-grab.
Changes in geopolitics have given way to higher tariffs, on-shoring, automated micro factories and the general revisitation of trade.
Challenge 1: WASTE
Companies developing new materials and packaging models able to reduce waste.
Reuse and resale
Companies enabling the reuse of consumer goods and packaging through new business models and digital solutions.
Companies aiming to reduce waste and emissions through new approaches to recycling and inventory management.
Challenge 2: REDUCTION OF EMISSIONS
Companies developing solutions able to minimize energy and water consumption.
Companies that use sustainable ingredients and manufacturing processes for food and beauty products.
Challenge 3: INCREASE IN AWARENESS
Companies that develop incentives for consumers to encourage more sustainable behaviors.
Transparency and traceability
Companies developing supply chain visibility solutions that enable retailers and brands to communicate more effectively internally and with consumers.
An open door to internationalization in the world of sustainable fashion even for the smallest or developing companies
In line with the current dynamics of ethical awareness and corporate civil responsibility, the Phygital Sustainability EXPO was the first event hosted in Rome in accordance with i SDG - Sustainable Development Goals of the United Nations. In order to participate to the event, the selected brands must have sustainability, ethics or innovation elements within their company.
Phygital Sustainability EXPO Rome, promoted by will be referred from Valeria Mangani in person President of the Sustainable Fashion Innovation Society, it saw a succession of workshops, fashion shows and showrooms; effectively opening the doors to an epochal awareness and paradigm shift.
The declared objective for SFIS in the immediate future is to support all start-ups that are born green as well as those already established brands that intend to rethink themselves by adopting more responsible production formulas that comply with the SDGs, the sustainable development goals of the United Nations 2030 Agenda. The fashion industry has to deal with its responsibilities.
It has been made public in the last month that a group of Italian researchers have found traces of plastic in human placenta and microfibers in liver tumors. What are we waiting for to implement the Green Revolution? Only MADE IN ITALY can perform it masterfully, preserving the design style that distinguishes us globally.
The great collective response received by our event has attracted the attention of Microsoft for Startups which will observe the incubator until the next PHYGITAL SUSTAINABILITY EXPO Rome of June 2021:
18 FEB - 24 FEB
SPRING / SUMMER
AUTUMN / WINTER
24 FEB - 3 MAR
SPRING / SUMMER
28 SEPTEMBER - 6 OCT
AUTUMN / WINTER
Sustainable investing accelerated further during the COVID-19 crisis.
Sustainable investing is a term used to describe investment approaches that integrate social and environmental objectives in addition to financial ones. As the recovery from the pandemic-induced recession begins to manifest, investor interest in strategies that incorporate environmental, social and governance (ESG) factors increases.
More and more indicators are showing that firms with strong ESG profiles are better able to withstand uncertainty and deliver high risk-adjusted returns.
Sustainable investing is also in line with long-term global megatrends. Identifying high-quality companies using ESG criteria can offer lasting opportunities for long-term investors.
Sustainable investing has become increasingly popular in recent years, but interest and awareness seem to have accelerated during the pandemic: COVID-19 has highlighted the importance of ESG factors for investors, especially in times of crisis.
Sustainable stocks outperformed traditional stocks this year: while some people may have in the past considered sustainable investing a "bullish luxury", its sustained momentum did not slow down during the pandemic. Indeed, companies with stronger ESG profiles have been rewarded. Since the beginning of the year, ESG global equity indices, made up of companies with strong ESG profiles, have outperformed traditional stock market indices. See the graph below.