We are now in the decade in which the world has to act together to halve global emissions. That means businesses across all sectors have to play their part.
Undoubtedly, the number of companies strive to reach this goal is increasing every year. The data of RE100 shows this – 223 famous companies around the world have pledged to fulfill their 100% Renewables transition plan.
One of the sectors that often faces a great deal of scrutiny is the fashion industry – and rightly so. As one of the world’s most polluting industries, it’s crucial that companies in this space are going further and faster to decarbonize their operations. Not only does it make business sense, but collectively they have the responsibility and power to accelerate the clean energy transition.
IB Centre has collected the ambitious goals for the transition to renewable energy of the most famous fashion brands.
H & M Group
H&M Group has committed to becoming climate positive throughout its entire value chain by 2040 at the latest.
«We want to drive positive change towards greener solutions in commercial transports but also engage and educate our customers — around 20 % of a garment’s total impact on the climate happens in the user-phase. So it does matter how we look after our garments», noted on the company website.
About 70 % of a garment’s climate impact arises during the manufacturing process itself. Making fibres, processing materials, dyeing and fabricating requires a lot of energy. We make tough demands on our suppliers, and we also help them to switch from fossil-based to renewable energy sources such as wind and solar.
Plan “Go to 100% RES” from H&M: https://bit.ly/2OBecQ4
Burberry committed to addressing climate change impacts from its own operations, including in offices, stores and manufacturing and distribution sites.
“We are on track to achieve our RE100 commitments as we now obtain 58% of our total energy (including 68% of our electricity) from renewable sources, an increase of 13% from last year. One of our goals to 2022 is to become carbon neutral in our own operational energy use, with a focus on driving energy efficiencies and renewable energy procurement”, said in the company.
Burberry noted that their ambition goals include a commitment to reduce emissions by 95% by 2022 and emissions by 30% by 2030.
Plan “Go to 100% RES” from Burberry: https://bit.ly/2OBxept
One of the world’s largest apparel companies and owner of a family of iconic brands including CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, Speedo, Warner’s and IZOD also set ambitious plans to achieve 100% RES by 2030.
“Climate change is one of the greatest challenges facing the world today. As a leader in the apparel industry, we believe that we have a responsibility to limit our environmental impact, support cleaner energy alternatives, and mitigate the negative impacts of greenhouse gas emissions,” said Chairman and CEO Emanuel Chirico.
The company has also announced that it has committed to the Science-Based Target initiative (SBTi) — a partnership between CDP, United Nations Global Compact, World Resources Institute, and WWF, which helps companies set greenhouse gas reduction targets based on the Paris Agreement’s goal of limiting global warming to 2 degrees Celsius.
Plan “Go to 100% RES” from PVH Corp.: https://bit.ly/2H2b7of
To achieve its goal to power all owned and operated offices, distribution centers and stores with 100% renewable electricity by 2025, the Company will pursue a combination of virtual power purchase agreements (VPPAs) in North America as well as assess a select number of U.S. sites for onsite solar power installations. For the remaining electricity use, the Company will purchase Green Power Products, including Renewable Energy Certificates (RECs), Guarantees of Origin (GoOs) and International Renewable Energy Credits (I-RECs).
“A world that is beautiful and cared for is the ultimate luxury, and we have a role to play in protecting it by addressing our impacts and creating a more sustainable future. Today, we strengthen our commitment to address climate change, one of the biggest challenges facing our world, by joining the movement of companies driving the adoption of renewable energy and affirming our support for the Paris Agreement”, said Patrice Louvet, president and CEO of Ralph Lauren Corp.
Plan “Go to 100% RES” from Ralph Lauren: https://rlauren.co/31JVqvv