Inditex and WWF partner to restore threatened ecosystems
©Inditex
Inditex and WWF have agreed on a three-year partnership agreement with the goal of investing in nature restoration and working on transformational projects. A total of nine WWF projects across North Africa, Europe, Asia, and Latin America will benefit, with a focus on forest restoration and conservation, water basin restoration and conservation, and species and habitat protection, which includes the Amur-Heilong region in northern China.
The two organizations will embark on transformation work, starting with a one-year scoping exercise that will focus on water stewardship and biodiversity conservation amongst other topics. Inditex will allocate more than 10 million euros until 2024, with 4.2 million in 2022 and a minimum contribution of 3 million euros during the following two years.
It is noted that WWF is working in the Taihang-Yan mountains located in the Amur-Heilong region in northern China. This mountain area is a vital habitat for several medium and large-sized predators, including 60% of the country's leopard population. These will also benefit from the partnership.
The agreement between Inditex and WWF also includes "joint work to transform the textile industry," according to a statement from both entities. This ambitious objective takes the form of an analysis focused on the protection of water and diversity that will be developed during the first year of collaboration. It will include a map of impacts on the Spanish group's value chain and a review of its actions, impacts, and progress.
