“By 2040, the climate will be positive,” Burberry said Thursday. He added that this is a new sustainability ambition and will be the first luxury brand to reach that goal.
According to the company, this goes even further than the current 2040 Net Zero target, “by investing in key initiatives to support a wide range of climate change efforts across the value chain.”
Toward the new goal, we plan to reduce emissions across the extended supply chain by 46% by 2030 and develop a project to “support the carbon journey of others”.
At the same time, the company announced support for Fashion Avengers. It is a coalition of global fashion organizations “grouped to encourage action towards the achievement of the United Nations Sustainable Development Goals (SDGs).”
CEO Marco Gobetti The company said it was aiming for “power for the good of the world.” By strengthening our commitment to sustainability, we are further helping to protect the planet for the next generation. “
Looking at the details of the new pledge, we can see that by the end of the last decade, we are aiming to reduce emissions across our extended supply chain by 46%, accelerating our previous goal of 30%. This means that Burberry’s scientific goals will be aligned with the 1.5 ° C path set out in the Paris Agreement.
We will also accelerate future low-carbon solutions and invest in nature-based projects with carbon benefits that go beyond our business. This means initiatives such as investing in programs to protect and restore natural ecosystems that remove carbon from the atmosphere. It will fund “Climate Resilience Projects that enable vulnerable frontline communities to adapt to changing realities and protect their livelihoods.”
We also aim to be an “active advocate” of what is needed to transform the fashion industry.
Burberry Playback The fund, established last year, is key to all of these to support a portfolio of validated carbon offset and inset projects. Burberry is the first inset project to partner with PUR Projet to implement a reclaimed farming program with Australian wool producers.
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Burberry speeds up its green goal and will be “positive for climate change” by 2040
Source link Burberry speeds up its green goal and will be “positive for climate change” by 2040