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Four retailers launch drive to tackle climate change with Race to Zero

Retailers H & M Group, Ingka Group (IKEA), Kingfisher and Wal-Mart recently launched a climate change initiative in collaboration with the COP26 High Level Climate Action Champion, a world for sustainable development based in Geneva. With the support of the Business Council (WBCSD).

Retailers participate in this effort by setting science-based goals and promising to halve greenhouse gas emissions by 2030 and achieve net zero carbon emissions by 2050. I can do it.

According to a press release from the founding members of the initiative, this initiative, entitled “Race to Zero Breakthroughs: Retail Campaign,” encourages other retailers to plan to reach carbon reduction targets in line with 1.5 degrees. I am.

Race to Zero brings together non-state actors such as businesses, cities, regions, financial institutions and educational institutions to halve global emissions by 2030, making them healthier, fairer and carbon-neutral in time. world.

Despite bold actions from several major retail brands, there are no specific decarbonization pathways in this sector, promising to take action to limit global warming in accordance with the goals of the Paris Agreement. It accounts for only 5% of the world’s total industrial revenue retail business. The press release said.

This campaign helps retailers achieve these goals by providing access to sector-specific guidance and networks and best practices. The campaign will also work with industry association partners to raise awareness about Race to Zero, share tools and resources, and accelerate the adoption of the Net Zero Roadmap.

Fiber2Fashion News Desk (DS)

Four retailers have launched climate change initiatives in collaboration with the COP26 High-Level Climate Action Champion, supported by the World Business Council for Sustainable Development. Retailers can participate by setting science-based goals and promising to halve greenhouse gas emissions by 2030 and achieve net zero carbon emissions by 2050.



Four retailers launch drive to tackle climate change with Race to Zero

Source link Four retailers launch drive to tackle climate change with Race to Zero

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