Carbonfact

Quarterly Report filed 2026-05-11

The Science-Based Targets initiative (SBTi) is currently the leading and most recognized climate target-setting protocol for the fashion industry. Increasingly, companies are using the SBTi as their north star for carbon reduction goals.

With new European Union textile regulations like the CSRD , DPP , and CSDDD on the horizon, sustainability teams in the apparel and footwear industry face a growing challenge: balancing the need for meaningful decarbonization initiatives with the overwhelming demands of data collection and reporting.

We’re excited to show a new Projects section that gives sustainability teams a clear overview of which data needs to be collected, organized by project, sorted in clear timelines. Alongside that, we’ve added a searchable emissions factor library and decomposition analysis in Copilot .

Status: Passed NY Senate, pending Assembly vote and Governor's signature TL;DR WHAT: Mandatory public disclosure of Scope 1, 2, and 3 emissions, aligned with the GHG Protocol and subject to third-party assurance. WHO: Companies with >$1B global revenue doing business in New York. WHEN: Scope 1 & 2 reporting starts in 2028 (on 2027 data), with Scope 3 following in 2029 (on 2028 data). With California’s SB 253 already setting requirements for corporate climate reporting, New York is advancing a similar emissions disclosure framework through the Climate Corporate Data Accountability Act (S9072A). The bill is currently proposed legislation and needs to pass Assembly and be signed into law by the Governor. If adopted, in-scope fashion companies would begin reporting Scope 1 and Scope 2 emissions from 2028, with Scope 3 reporting starting in 2029. This timeline means apparel and footwear brands should begin preparing now by building data collection processes across operations and

For apparel and footwear brands, the carbon accounting challenge is particularly complex. Supply chains span multiple continents, involve diverse materials, and rely on hundreds of suppliers. Frameworks such as the GHG Protocol, CSRD, and voluntary reporting standards now require companies to quantify emissions across their entire value chain.

Eco-design is quickly becoming one of the most important levers for reducing environmental impact in the fashion industry. As regulations such as the Ecodesign for Sustainable Products Regulation (ESPR) and initiatives like the Digital Product Passport (DPP) gain momentum, brands are under increasing pressure to consider sustainability earlier in the product development process.

Over the past two years, fashion brands have gone from publishing occasional sustainability reports to managing a growing stack of requirements – initially led by CSRD and carbon accounting , though now more so by DPP and increasing demands on supply chain transparency.

Status: Passed NY Senate, pending Assembly vote and Governor's signature TL;DR WHAT: Mandatory public disclosure of Scope 1, 2, and 3 emissions, aligned with the GHG Protocol and subject to third-party assurance. WHO: Companies with >$1B global revenue doing business in New York. WHEN: Scope 1 & 2 reporting starts in 2028 (on 2027 data), with Scope 3 following in 2029 (on 2028 data). With California’s SB 253 already setting requirements for corporate climate reporting, New York is advancing a similar emissions disclosure framework through the Climate Corporate Data Accountability Act (S9072A). The bill is currently proposed legislation and needs to pass Assembly and be signed into law by the Governor. If adopted, in-scope fashion companies would begin reporting Scope 1 and Scope 2 emissions from 2028, with Scope 3 reporting starting in 2029. This timeline means apparel and footwear brands should begin preparing now by building data collection processes across operations and

This blog post is part of our monthly platform update series – a snapshot of how Carbonfact's platform evolves over time. Features and visuals may have changed since publication. Curious what the platform looks like today? Reach out to our team . Company Modeling is Carbonfact’s tool for planning your decarbonization strategy – mapping out the impact of material switches, supplier changes, and volume shifts before you commit to them. Over the past weeks, we’ve built three improvements that make the tool more accurate, more realistic about business growth, and we’ve improved the way initiatives are tracked.