Home / Knowledge / News / Apparel/Garments / Carbon Disclosure Project commends Abercrombie & Fitch
Carbon Disclosure Project commends Abercrombie & Fitch
13
Sep '12
Abercrombie & Fitch has been commended by the Carbon Disclosure Project (CDP), which represents 655 institutional investors with $78 trillion in assets, for its transparency in reporting how its business operations impact the environment and for its commitment to developing strategies to address those impacts.

For the first time, Abercrombie & Fitch is featured in CDP's "Carbon Disclosure Leadership Index." This index, a key component of CDP's annual S&P 500 report, highlights the constituent companies within the S&P 500 Index, which have displayed a strong approach to information disclosure regarding climate change. Companies are scored on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related issues affecting the company.

In addition to a strong transparency score, Abercrombie & Fitch received a carbon performance rating of a 'B', a significant improvement from past performance. This rating indicates that Abercrombie & Fitch recognizes climate change as a priority in its strategy. To support this, Abercrombie & Fitch has published its goal to "reduce GHG emissions for US operations by 8% from 2008-2018" on the A&F Cares website.

The index, compiled by PricewaterhouseCoopers on behalf of CDP, provides an evaluation tool for institutional investors and other stakeholders. In 2012 it comprises 53 companies chosen from the S&P 500 based on analysis of responses to CDP's questionnaire, which focused on greenhouse gas emissions, emissions reduction targets and the risks and opportunities associated with climate change.

Abercrombie & Fitch Chairman and CEO, Mike Jeffries, commented, "We are very pleased to be included in the S&P 500 Carbon Disclosure Leadership Index.   While we will continue to advance our sustainability programs, it is reassuring and encouraging to have our progress to date affirmed and recognized."

Paul Simpson, chief executive officer of CDP, commented: "Companies that make the Carbon Disclosure Leadership Index have demonstrated strong internal data management practices for the measurement of greenhouse gas emissions and energy use.  They are also giving clear consideration to the business issues related to climate change and their exposure to climate-related risks and opportunities. This is vital to realizing greater efficiencies, protecting the business from risk and capitalizing on opportunities."

Abercrombie & Fitch Co. is a leading specialty clothing retailer long known for its quality goods and premium craftsmanship. Based in New Albany, OH, Abercrombie & Fitch Co. operates retail stores and e-commerce websites for four unique lifestyle brands - Abercrombie & Fitch, abercrombie kids, Hollister Co. and Gilly Hicks - in the United States, Canada, the United Kingdom, Europe and Asia.

The Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information.

Abercrombie & Fitch Co.


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search