Watch & Jewelery Initiative 2030 is the pact between Kering and Cartier (Richemont group) for sustainability in the luxury watch and jewelry sector. As a minimum commitment by 2022, the brands participating in the initiative must measure and prioritize their impact on biodiversity and water in all their sourcing of key raw materials. In the fashion sector there is already the Fashion Pact which brings together the CEOs of over 60 world leading fashion and textile companies. In October 2020, the number of members of the Fashion Pact doubled, with signatory companies coming from different sectors and 14 countries and today representing over 200 brands and 1/3 of the fashion industry.
