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class='ctsa__topArtInner'><a href='/innovation/inditex-ambercycle' class='cts__art'> <div class='cts__artImgCont'> <img alt='Recycled Polyester Partnerships Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/518/518206/518206_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Recycled Polyester Partnerships </div> </div> </a><a href='/innovation/supercircle' class='cts__art'> <div class='cts__artImgCont'> <img alt='Textile Recycling Solutions Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/527/527644/527644_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Textile Recycling Solutions </div> </div> </a><a href='/innovation/sustainable-production-model' class='cts__art'> <div class='cts__artImgCont'> <img alt='Sustainable Production Model Pledges Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/408/408581/408581_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Sustainable Production Model Pledges </div> </div> </a><a href='/innovation/circ' class='cts__art'> <div class='cts__artImgCont'> <img alt='Collaborative Polycotton Capsules Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/505/505210/505210_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Collaborative Polycotton Capsules </div> </div> </a><a href='/innovation/eco-initiative-1' class='cts__art'> <div class='cts__artImgCont'> <img alt='Sustainable Fast Fashion Investments Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/436/436069/436069_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Sustainable Fast Fashion Investments </div> </div> </a><a href='/innovation/textiles-2030' class='cts__art'> <div class='cts__artImgCont'> <img alt='Sustainable Clothing Campaigns Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/451/451221/451221_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Sustainable Clothing Campaigns </div> </div> </a><a href='/innovation/fashions-ecological-footprint' class='cts__art'> <div class='cts__artImgCont'> <img alt='Tech-Driven Sustainable Fashion Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/404/404102/404102_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Tech-Driven Sustainable Fashion </div> </div> </a><a href='/innovation/a-big-indian-story' class='cts__art'> <div class='cts__artImgCont'> <img alt='Biomaterial Leather Bags Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/486/486445/486445_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Biomaterial Leather Bags </div> </div> </a><a href='/innovation/zara-upcycled-fashion' class='cts__art'> <div class='cts__artImgCont'> <img alt='Partially Upcycled Fashion Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/442/442982/442982_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Partially Upcycled Fashion </div> </div> </a><a href='/innovation/sustainable-fashion-campaign' class='cts__art'> <div class='cts__artImgCont'> <img alt='Upcycled Sustainable Fashion Campaigns Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/414/414723/414723_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Upcycled Sustainable Fashion Campaigns </div> </div> </a><a href='/innovation/sustainability-campaigns' class='cts__art'> <div class='cts__artImgCont'> <img alt='Sustainability-Driven Fashion Campaigns Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/531/531673/531673_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Sustainability-Driven Fashion Campaigns </div> </div> </a><a href='/innovation/fashion-platform' class='cts__art'> <div class='cts__artImgCont'> <img alt='Circularity-Centric Fashion Platforms Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/501/501746/501746_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Circularity-Centric Fashion Platforms </div> </div> </a><a href='/innovation/zara-dresses' class='cts__art'> <div class='cts__artImgCont'> <img alt='Recycled CO2 Party Dresses Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/466/466859/466859_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Recycled CO2 Party Dresses </div> </div> </a><a href='/innovation/cherish-waste' class='cts__art'> <div class='cts__artImgCont'> <img alt='Exuberant Eco-Friendly Fashion Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/477/477389/477389_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Exuberant Eco-Friendly Fashion </div> </div> </a><a href='/innovation/az-sustainability-manifesto' class='cts__art'> <div class='cts__artImgCont'> <img alt='Fashion-Branded Sustainability Manifestos Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/438/438306/438306_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Fashion-Branded Sustainability Manifestos </div> </div> </a><a href='/innovation/zero-waste-pullover' class='cts__art'> <div class='cts__artImgCont'> <img alt='Sustainable Itch-Proof Sweaters Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/415/415670/415670_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Sustainable Itch-Proof Sweaters </div> </div> </a><a href='/innovation/aviva-investors' class='cts__art'> <div class='cts__artImgCont'> <img alt='Strategic Environmental Initiatives Article 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class='cts__artImgCont'> <img alt='Clothing Buy-Back Programs Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/527/527645/527645_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Clothing Buy-Back Programs </div> </div> </a></div> <div class='ctsa__topArtBtnCont ctsa__topArtBtnCont--next'> <label class='ctsa__topArtBtnLbl'>Next<Br/>Set of Related Innovations</label> <button type='button' class='cts__btn cts__btn--small ctsa__topArtBtn ctsa__topArtBtn--next' aria-label='Hot Bar Next Set'> <span class='material-symbols-outlined'>arrow_forward</span> </button> </div> </div> <div class='ctsa__articleInner'> <div class='ctsa__articleLeft'> <div class='ctsa__gallery'> <div class='ctsa__imgCont'> <img alt='Sustainable Innovation Venture Funds Main Gallery Image' src='https://cdn.trendhunterstatic.com/thumbs/550/inditext-venture-fund.jpeg?auto=webp' class='ctsa__img' /> </div> <div class='ctsa__gControls'> <button type='button' class='ctsa__gBtn ctsa__gBtn--next' aria-label='Gallery Next'></button> <button type='button' class='ctsa__gBtn ctsa__gBtn--prev' aria-label='Gallery Previous'></button> </div> </div> <h2 class='ctsa__h2'>Inditex Announced a $50M Fund to Drive Sustainable Textiles</h2> <a rel='author' class='ctsa__author' href='https://www.trendhunter.com/Colin96'>Colin Smith — November 9, 2024</a> <div class='ctsa__refs'>References: <a target=_blank href='https://pune.news/business/inditex-launches-e50-million-fund-to-drive-textile-innovation-and-sustainability-250682/' class='ctsa__ref' rel='nofollow noreferrer'>pune.news</a> & <a target=_blank href='https://www.inditex.com/itxcomweb/en/home' class='ctsa__ref' rel='nofollow noreferrer'>inditex</a></div> <div class='ctsa__body'> <div class='ctsa__au2'><a href='/a-path-to-a-cleaner-sky' class='cts__banner cts__banner--square'> <div class='cts__bannerIconCont'> <img width=80 height=60 alt='The challenge is enormous Icon' loading='lazy' src='https://cdn.trendhunterstatic.com/cts/icons/clean-the-sky-enormous-challenge-icon10.svg' class='cts__bannerIcon' /> </div> <div class='cts__bannerT1'>The challenge is enormous</div> </a></div> <p class='cts__p'>Inditex, the parent company of Zara, has launched a new 50 million euro venture fund aimed at driving textile innovation and sustainability. The fund, managed by Mundi Ventures, is designed to support start-ups focused on developing new materials and technologies that minimize environmental impact. This initiative aligns with Inditex's broader strategy to decarbonize its business by 2040 and make 100% of its raw materials and fibers more sustainable by 2030. The company has already made significant progress, with over 50% of the raw materials used in its collections coming from recycling or organic or regenerative cultivation by the end of 2023.</p><p class='cts__p'>The venture fund will primarily invest in projects that promote sustainable practices within the textile industry. Inditex has previously invested in companies like Circ, known for its textile-to-textile recycling efforts, and Galy, which is developing an innovative process for growing cotton in a laboratory from cotton stem cells. The new fund will further support emerging innovations and materials with a smaller environmental footprint, contributing to Inditex's goal of halving its greenhouse gas emissions by 2030 and achieving net-zero emissions by 2040. The company also aims to produce 40% of its textile fibers from conventional recycling processes, 25% from crops grown using organic or regenerative farming practices, and 10% from other preferred materials.</p><p class='cts__p'>By launching this venture fund, Inditex demonstrates its commitment to sustainability and innovation in the textile sector. The fund will provide financial support to start-ups that align with Inditex's Sustainability Innovation Hub, fostering the development of new technologies and materials that reduce environmental impact. This initiative is part of Inditex's broader efforts to promote a circular economy and reduce its carbon footprint, making it a significant step towards a more sustainable and environmentally responsible future.</p><p class='cts__p'>Image Credit: Inditex </div> </div> <aside class='ctsa__right'> <a href='/a-path-to-a-cleaner-sky' class='ctsa__au1'><img loading='lazy' src='https://cdn.trendhunterstatic.com/cts/assets/a-path-to-a-cleaner-sky.jpg' width=300 height=300 alt='Clean the Sky Framework Image' class='ctsa__au1Img'/></a> <nav class='ctsa__navRight'> <h3 class='ctsa__navRightHeader'>Clean the Sky</h3> <div class='ctsa__navRightInner'> <a href='/' class='ctsa__navItem'> <span class='material-symbols-outlined ctsa__navItemIcon'>cloud</span> <label class='ctsa__navItemLbl'>Positive Eco Trends</label> </a> <a href='/a-path-to-a-cleaner-sky' class='ctsa__navItem'> <span class='material-symbols-outlined ctsa__navItemIcon'>clear_day</span> <label class='ctsa__navItemLbl'>A Path to a Cleaner Sky</label> </a> <a href='/about' class='ctsa__navItem'> <span class='material-symbols-outlined ctsa__navItemIcon'>partly_cloudy_day</span> <label class='ctsa__navItemLbl'>Our Mission</label> </a> <a href='/carboncapture' class='ctsa__navItem'> <span class='material-symbols-outlined ctsa__navItemIcon'>co2</span> <label class='ctsa__navItemLbl'>Carbon Capture</label> </a> </div> </nav> </aside> </div> </article> <div class='cts__below'> <div class='cts__belowContent'> <section class='cts__section '> <h3 class='cts__sectionHeader'> <div class='cts__sectionHeaderInner'>Related Innovations</div> </h3> <div class='cts__articlesCont'><div class='cts__articles'><a href='/innovation/textiles-2030' class='cts__art'> <div class='cts__artImgCont'> <img alt='Sustainable Clothing Campaigns Article Thubnail' src='https://cdn.trendhunterstatic.com/phpthumbnails/451/451221/451221_1_230.jpeg?auto=webp' loading='lazy' class='cts__artImg'/> <div class='cts__artText'> Sustainable Clothing 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