Australian brand Country Road announces 1.5 million dollar climate fund

Australian brand Country Road, a subsidiary of Woolworths Holdings Limited, has announced the launch of Australia’s first fashion industry climate fund, thus recognising that fashion directly contributes to the climate crisis. It is planning to invest 1.5 million US dollars in grant funding to projects driving climate solutions in the Australian fashion industry over the next three years. The annual grants program will allocate up to 500,000 US dollars in the first year alone.