This week, representatives from all the major brands - from fast fashion retailers like H&M, Asos and Zara, through to luxury labels like Burberry and Swarowski - are gathering in Copenhagen to discuss sustainability in the global fashion industry.

The fashion industry is one of the most lucrative and destructive industries on earth. It generates €1.5 trillion every year and produces over a billion clothes every year. With global garment production set to increase by 63% by 2030, this model is reaching its physical limit.

This year's Copenhagen Fashion Summit is focusing  on “circularity” – an industry buzzword that promises relief to the problem of limited resources within one of the world’s most resource intensive industries. In 2015, the fashion industry consumed nearly 80 billion cubic meters of fresh water, emitted over a million tonnes of CO2 and produced 92 million tonnes of waste. The Summit admits that the industry has a disastrous environmental impact and that we face “increasingly higher risk of destabilising the state of the planet, which would result in sudden and irreversible environmental changes”.

  Copenhagen Fashion Summit, 10 May 2017. Credit: Copenhagen Fashion SummitPanelists at the Copenhagen Fashion Summit, 10 May 2017. Credit: Copenhagen Fashion Summit

While their focus on circularity sounds promising, it’s simply not enough.

Industry leaders rarely talk about the real solution: reducing the overall volume of production. All their talk about sustainable investing and innovative new materials and technologies comes under the assumption that the industry continues to grow. But unlimited growth is impossible on a planet with finite resources.

The industry wants to place the responsibility on consumers to educate themselves and recycle their own clothes, while continuing to heavily market cheap fast fashion at us.

Real change is not going to happen without investing in designs and strategies to extend the life of clothing and reduce the environmental impact of production at the design stage. Fashion brands need to redefine their marketing strategies and start involving customers in a new narrative where people buy less and clothes are more durable and repairable. We need to slow down.

Trash Queen "Buy Nothing Day" Street Performance in Taipei. 27/11/2016 © JD Huang / Greenpeace

Trash queen street performance in Taipei, November 2016

It’s not enough to sell customers placebo solutions that ultimately leave shopping patterns untouched and guilt free. Even if we encourage people to recycle more, we have to remember that recycling is a resource intensive process relying on chemicals and vast amounts of energy, with many unsolved problems making it far from commercially viable.

We already know that we own more clothes than we can wear. Shopping doesn’t make us happy in the long run. High volumes of fast fashion and rapidly changing trends aren’t catering to our real needs.

If the Fashion industry really wants to be “an engine for a global and sustainable development”, it needs to think about how to shift the business model beyond the current paradigm of continuous economic growth. We hope that the fashion industry doesn’t wait until 2030 to realise that.

Chiara Campione is a Senior Corporate Strategist for Detox My Fashion.