SUSTAINABLE LUXURY DATA SERIES

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A weekly digest based on the data quotes shared in the week.
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✺ In 2024 Our World in Data reported that expanding pasture land accounted for 72% of deforestation in Brazil. This post is a follow on from yesterday's post on illegal deforestation in the Amazon as a result of gold mining.
✺ In 2023 the World Gold Council estimated that 3,644 tonnes of gold had been produced- the highest since 2018 because there were no major disruptions.
✺ The Fashion Transparency Index by Fashion Revolution assesses the transparency of 250 of the world's largest fashion brands, several of which are luxury brands. They discovered 89% do not disclose how many clothes they make annually.
✺ In 2023, LVMH held €3.2 billion of stock that had been written down because of “obsolescence” or lack of sales prospects (The Business of Fashion).
✺ OTB monitored 860 counterfeit goods websites and had 90,000 advertisments removed from the 113,000 reported.
* Aura Blockchain Consortium reached a significant milestone in their traceability and transparency journey, announcing they had recorded 50 million products on their blockchain.
*NEW SERIES* Sustainable Luxury Daily Stats- curated data drops daily. These will align to themes but will also include general sustainability stats from a range of sources. Share your feedback.