Creating an EPR Data Sandbox to Drive Circularity in UK Fashion
Our project will assess the feasibility of a fair and balanced industry-led extended producer responsibility (EPR) system that can drive the transition to a circular economy in the UK fashion system. This requires a radical and innovative approach to market data collation, appropriate incentivization to switch to circular options, and appropriate disincentivization of linear systems. The system must accommodate all supply chain players: designers, manufacturers, brands, retailers, retail platforms, service providers, collectors of used clothing, sorters, merchants, recyclers, and reprocessors. This project is uniquely innovative because previous producer responsibility systems have been implemented by governments through traditional policy and regulatory mechanisms, which typically focused only on end-of-life and recycling. Our project will work with key trade organizations to assess and test a feasible, data-led market-based EPR system that can be dynamic, flexible, and adapt to new technologies, retail systems, and consumer behavior. The output will deliver a proof of value model for the UK fashion and textiles sector and may also be replicable to other EPR markets including mattresses, tyres, and carpets.
Feedback Overview:
The idea of creating an industry-led EPR system for the UK fashion industry is highly innovative and timely. By involving all stakeholders in the supply chain, the project ensures a comprehensive approach to sustainability. To increase the business value, it is crucial to develop a robust data infrastructure and ensure seamless integration with existing systems. Additionally, engaging with policymakers to align the project with regulatory frameworks will be essential for long-term success.
Market Competitors:
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Market Competitor
Market Competitor
Market Competitor
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Market Competitor
CEO
Leadership in sustainable fashion and circular economy initiatives.
How can we ensure that all stakeholders in the supply chain are motivated to participate in the EPR system?
Creating clear incentives and demonstrating the long-term benefits of participation, such as cost savings and enhanced brand reputation, can motivate stakeholders.
What are the potential challenges in implementing a data-led EPR system in the fashion industry?
Challenges include data privacy concerns, integration with existing systems, and ensuring data accuracy and reliability across the supply chain.
How can the project align with existing regulatory frameworks to ensure compliance?
Engaging with policymakers early in the project and aligning the system's objectives with regulatory goals can help ensure compliance and support from authorities.