2024Yearly Report
ANNUAL IMPACT REPORT
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Letter from Lewis Perkins
Dear Friends,
We’re halfway to 2030¹ — a critical year by which the fashion industry must achieve a 50% reduction in carbon emissions to meet our climate goals — and while we’ve made progress, it’s not enough.
The cost of inaction is monumental: If the fashion industry fails to accelerate its efforts toward the 2030 goal of a 50% reduction in carbon emissions, the industry’s overall carbon footprint will continue to grow unchecked. This will worsen already critical economic and environmental conditions, with devastating effects on people and planet. But here’s the good news — solutions exist, and momentum is building.
While the challenges may seem daunting, Aii is actively working to provide the industry with a roadmap to success. As you’ll see in this report, we’re catalyzing emissions reductions by removing barriers to supply chain decarbonization through initiatives like our new supplier journey pathways. We’re also activating programs, solutions, and financial tools, like the Fashion Climate Fund, to help suppliers decarbonize their operations in credible ways.
Our goal is ambitious but achievable with sufficient resources: assisting approximately 2,000 suppliers in achieving a 100 Mt reduction in carbon emissions by 2030. This is more than a target — it’s a purpose-built approach to scale proven solutions and drive industry-wide impact. These suppliers will be the tipping point, sparking momentum for scalable decarbonization across the sector.
Yet we know achieving our goal — and industry decarbonization — requires all of us.
If you are a supplier, we’re here to support and guide you through this transformation, offering not only financial tools but also innovative programs that will help you achieve these goals in a sustainable and cost-effective way.
If you are a brand retailer, partnering with Aii means more than committing to reducing emissions within your own operations — it means leveraging your influence to drive change across the entire value chain. We encourage you to:
While the challenges may seem daunting, Aii is actively working to provide the industry with a roadmap to success. As you’ll see in this report, we’re catalyzing emissions reductions by removing barriers to supply chain decarbonization through initiatives like our new supplier journey pathways. We’re also activating programs, solutions, and financial tools, like the Fashion Climate Fund, to help suppliers decarbonize their operations in credible ways.
Our goal is ambitious but achievable with sufficient resources: assisting approximately 2,000 suppliers in achieving a 100 Mt reduction in carbon emissions by 2030. This is more than a target — it’s a purpose-built approach to scale proven solutions and drive industry-wide impact. These suppliers will be the tipping point, sparking momentum for scalable decarbonization across the sector.
Yet we know achieving our goal — and industry decarbonization — requires all of us.
If you are a supplier, we’re here to support and guide you through this transformation, offering not only financial tools but also innovative programs that will help you achieve these goals in a sustainable and cost-effective way.
If you are a brand retailer, partnering with Aii means more than committing to reducing emissions within your own operations — it means leveraging your influence to drive change across the entire value chain. We encourage you to:
- Collaborate on Supplier Decarbonization: Commit to working closely with suppliers by supporting their adoption of innovative, low-carbon solutions. Your leadership in providing clear demand signals and volume commitments can empower suppliers to make long-term investments in decarbonization.
- Invest in Scalable Solutions: Engage with Aii through co-investment in programs and initiatives like the Fashion Climate Fund, which provides pooled capital needed to scale solutions. Your participation will help unlock further financing, de-risking investments for suppliers.
- Set Bold, Actionable Targets: Align your brand’s decarbonization plan with Aii’s Climate Solutions Portfolio (CSP) and encourage others in your sector to join in scaling solutions that collectively move the industry toward its 2030 climate goals.
Together, by aligning brand commitments and supplier action, we can create a ripple effect that transforms the fashion industry at scale.
Warm regards,

¹ In 2021, with the launch of the Science Based Targets Initiative (SBTi) science-based Net-Zero Standard, many companies set 2030 climate actions to limit global warming to 1.5°C.

Our Impact at a Glance
Overall Impact Achieved Since our Inception
8.6%
of goal achieved
of goal achieved
GOAL:
100 Mt CO₂e
saved over useful life by 2030
STATUS:
8,581,322 tonnes CO₂e
saved over the useful life²
Or
901,288 tonnes CO2e
total annual reduction by producers that have completed Aii programs³
Total annual actual GHG emission reductions (in tonne CO2e) per year over useful life by suppliers that have completed Aii programs
² Sum of total GHG emissions saved by suppliers participating in Aii’s Supplier Journey in each year from 2018 until the end of 2024 multiplied by the respective useful life factor. In 2024, we updated our emissions and conversion factors, including historic data — read more about our data and calculation methods in our Methodology/Calculations section.
³ Sum of total actual GHG emissions saved by suppliers participating in Aii’s Supplier Journey in each year from 2018 until the end of 2024.
³ Sum of total actual GHG emissions saved by suppliers participating in Aii’s Supplier Journey in each year from 2018 until the end of 2024.
1,261 facilities and 9,689 farms
reached through Aii’s Supplier Journey from 2018 until the end of 2024*
*The total number of unique facilities/farms that have participated in at least one Aii program or CSP grant-funded solution since 2018.
Bangladesh
0
facilities
China
0
facilities
India
0
facilities
0
farms
Vietnam
0
facilities
Other Regions
0
facilities
Aii’s Supplier Journey, formerly known as the Climate Action Approach (see 2023 impact report), is a five-step methodology designed to lead producers on their journey toward decarbonization.
Capital Unlocked
GOAL:
2 Billion $ capital unlocked by 2030
2 Billion $ capital unlocked by 2030
STATUS:
US $156,235,003
Total Capital Unlocked
=
US $124,075,726
Total investments made by suppliers from 2018-2024
+
US $32,159,277
Total Aii spending⁴ from 2018-2024
=
US $124,075,726
Total investments made by suppliers from 2018-2024
+
US $32,159,277
Total Aii spending⁴ from 2018-2024
⁴ This includes all expenses made by Aii, e.g. brand contributions, software development
7.81%
of goal achieved
of goal achieved
Our 2024 Impact
TOTAL NO. OF ACTIVE SOLUTIONS:
362 facilities & 9,689 farms
362 facilities & 9,689 farms
TOTAL NO. OF COMPLETED SOLUTIONS:
332 facilities
332 facilities
TOTAL NO. OF BRANDS:⁵ 38
TOTAL NO. OF REGIONS:⁶ 30
⁵ Total number of brands Aii was working with in 2024 (active and completed programs). Brands include organizations that contributed funding to Aii in 2024.
⁶ All countries/regions Aii offered programs in 2024. A region has at least one producer that has started program work with Aii
⁶ All countries/regions Aii offered programs in 2024. A region has at least one producer that has started program work with Aii
Phases 0-3 are described in our Supplier Journey.
2024 Key Impact Results of Suppliers That Completed a Solution in Phase 2 of Aii’s Supplier Journey
In 2024, Aii Impact Programsⁱ achieved the following actual savings:
Total actual GHG emission savings in tCO₂e
223,444
Total actual energy savings in GJ
2,417,333
Total actual water savings in m³
2,366,691
Average actual factory GHG emission savings in tCO₂e
3061
Average actual factory energy savings in GJⁱⁱⁱ
33,114
Average actual water savings in m3ⁱⁱ
42,262
Average % of GHG emission savings
8.74
Average % of energy savings
8.34
Average % of water savingsⁱⁱ
7.18
ⁱ Based on 73 program completions in CbD, CbD+, RETI (excludes 5 program completions in CbD chemicals as it does not create GHG, energy or water savings).
ⁱⁱ Based on 56 program completions (excludes 8 program completions in RETI & 9 in Tier 1 as they do not create water savings).
ⁱⁱ Based on 56 program completions (excludes 8 program completions in RETI & 9 in Tier 1 as they do not create water savings).

0
Total GHG emissions savings equal to 52,119 cars removed from the roads in 2024
Based on the assumption that there is an emission of 4.646 metric ton CO₂e per car per year with an average passenger vehicle driving an average of 11499.97 miles per year; Source: EPA, Greenhouse Gas Emissions from a Typical Passenger Vehicle | US EPA

0
Total water savings equal to almost 947 olympic sized swimming pools
One Olympic-sized swimming pool contains 660,430 gallons of water; Source: FINA FACILITIES RULES 2015-2017, Wayback Machine (archive.org)

0
Total energy savings equal to 14,286,838 washing machines not used in 2023
Washing machines not used is calculated using a 17.6 lbs capacity Miele WWD020 WCS machine and assuming it is used for 100 cycles per year. EU energy class: A; Source: Washing machines and washer-dryers (europa.eu)
Average actual cost per tCO2e includes Aii’s total spending (i.e., all of Aii’s G&A and program-related expenses) and supplier capital investments to implement actions between 2018-2024.
2024 Key Impact Results of Suppliers Active in a CSP Solution (Phase 2 of Aii’s Supplier Journey)
CSP Solutions
- Number of grant-funded solutions: 8
- Number of registry solutions: 9
- Total number of suppliers active in grant-funded solutions: 58
- Total number of farms active in grant-funded solutions: 9,689
Executive Summary
Hover over or click the cards below!
Suppliers have reduced 49% more GHG emissions over useful life in 2024 compared to 2023.
We have integrated our ambition to reduce 100Mt CO2e into our day-to-day by creating our Supplier Journey Map.
As part of our commitment to transparency, we’ve begun having our impact metrics independently assured.
We’ve empowered brands to bridge sustainability with finance through a
structured framework for supplier decarbonization, ensuring financial viability and long-term value for all stakeholders.
structured framework for supplier decarbonization, ensuring financial viability and long-term value for all stakeholders.
We selected three projects as CSP Grantees, each focusing on a distinct
approach: a sector-wide, drop-in solution; lowcarbon thermal energy; and process innovation.
approach: a sector-wide, drop-in solution; lowcarbon thermal energy; and process innovation.
