Page 41 - Livre_MOW2022_EN
P. 41
| 39
FASHION FOR THE PLANET
Focus on sustainability
and the positive impact
A loyal participant of Monaco Ocean Week, the association TAF-
The Animal Fund has focused on two areas that have a strong IN
impact on the ocean: fashion and financial investment. FIGURES
On Thursday 24 March 2022 in the meeting room of MORE RESPONSIBLE INVESTING
the Monaco Yacht Club, the conference began with a ■ 8% to 10% of global
presentation of the association presided over by the The floor was then given to the representative of the as- carbon dioxide
emissions generated
vibrant Berit Legrand. set management company 2PM Monaco who spoke by the fashion industry,
about sustainable investment procedures, and more (source: UNEP)
specifically the alignment of client investments with
MORE SUSTAINABLE FASHION their Environmental, Social and Governance (ESG) va- ■ 35% of microplastics
lues. Increasingly widespread, the attention to invest- released into the ocean
The event open to the general public continued with ment purpose and the trend towards a positive impact are said to come from
one of the partners of TAF-The Animal Fund, Angelo investment should be extended to the corporate sec- textile washing,
Legrand, Founder of the responsible clothing brand tor “in order to put an end to ecological laundering”, (sources: IUCN)
R4 Clothing. The young entrepreneur drew attention insisted Louis Legrand, underlining the importance of ■ 1% of the materials
to the devastating effects of the fast fashion industry this new finance tool. used in clothes
on the ocean and the importance of moving towar- manufacturing is
ds sustainable fashion structured around circularity, The event, which was open to all, concluded with a recycled.
transparency, innovation and respect for the environ- call for more transparency and responsibility in these (source: Ellen MacArthur
ment. sectors of the economy which have repercussions on Foundation)
the health of the ocean and of marine mammals.