In Copenhagen, Regulators and LVMH’s Luxury-Only Climate Pact

Fashion is not on track to meet its sustainability commitments.

The industry’s emissions — which account for roughly 2 percent of the world’s total — are still rising. The billions of new garments it produces each year contribute to deforestation, nature loss and water pollution. Most of those T-shirts, dresses and jeans ultimately end up dumped in landfill in poor countries. Meanwhile, the human toll of the industry’s low-cost,…