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Guess's third sustainability report highlights 2021 goals
15 Sep '19
2 min read
Pic: Business Wire
Guess, a leading American clothing brand and retailer, has released its third sustainability report written in accordance with the global reporting initiative standards for sustainability, and externally assured by KPMG. The report highlights Guess’s progress since releasing its second report as well as the global brand’s 2021 sustainability goals.
The report covers the three pillars of the Guess sustainability plan; operating with integrity, empowering people and protecting the environment. Updates to the plan emphasise Guess’s commitment to transparency and verification, protecting workers, promoting diversity and inclusion, internal guidelines for product responsibility, and greenhouse gas emissions reduction, according to Guess.
Guess is committed to operating with integrity and promises to practice good governance and ethics as well as transparency and verification. Guess’s operating with integrity goals for 2021 include strengthening sustainability oversight at the board level and obtaining third party assurance of non-financial data to increase stakeholder confidence in reporting. The second pillar of their sustainability plan, empowering people, showcases the brand’s commitments to diversity and inclusion, supply chain social responsibility as well as sustainability education and engagement. Goals in this area include expanding Guess’s diversity council internationally, educating 100 per cent of product teams on sustainability and lastly, engaging 100 per cent of North American stores in sustainability initiatives.
The final pillar, protecting the environment, highlights Guess’s commitment to product responsibility, water stewardship, and reducing greenhouse gases in their operations. 2021 goals include implementing science based targets, reducing greenhouse gas emissions by 15 per cent, sourcing certified sustainable materials for 20 per cent of its global portfolio across brands, and fulfilling its pledge with Global Fashion Agenda’s 2020 Circular Fashion System Commitment.
“In the two years since Guess published our last sustainability report, public interest and awareness has increased dramatically on a wide range of subjects from climate change to circular fashion and from human rights to transparency, diversity and inclusion. We understand that authentic, lasting change is expected, and that we must address the urgency and importance of these environmental and social concerns today,” Carlos Alberini, chief executive officer for Guess said. (GK)
The report covers the three pillars of the Guess sustainability plan; operating with integrity, empowering people and protecting the environment. Updates to the plan emphasise Guess’s commitment to transparency and verification, protecting workers, promoting diversity and inclusion, internal guidelines for product responsibility, and greenhouse gas emissions reduction, according to Guess.
Guess is committed to operating with integrity and promises to practice good governance and ethics as well as transparency and verification. Guess’s operating with integrity goals for 2021 include strengthening sustainability oversight at the board level and obtaining third party assurance of non-financial data to increase stakeholder confidence in reporting. The second pillar of their sustainability plan, empowering people, showcases the brand’s commitments to diversity and inclusion, supply chain social responsibility as well as sustainability education and engagement. Goals in this area include expanding Guess’s diversity council internationally, educating 100 per cent of product teams on sustainability and lastly, engaging 100 per cent of North American stores in sustainability initiatives.
The final pillar, protecting the environment, highlights Guess’s commitment to product responsibility, water stewardship, and reducing greenhouse gases in their operations. 2021 goals include implementing science based targets, reducing greenhouse gas emissions by 15 per cent, sourcing certified sustainable materials for 20 per cent of its global portfolio across brands, and fulfilling its pledge with Global Fashion Agenda’s 2020 Circular Fashion System Commitment.
“In the two years since Guess published our last sustainability report, public interest and awareness has increased dramatically on a wide range of subjects from climate change to circular fashion and from human rights to transparency, diversity and inclusion. We understand that authentic, lasting change is expected, and that we must address the urgency and importance of these environmental and social concerns today,” Carlos Alberini, chief executive officer for Guess said. (GK)
Fibre2Fashion News Desk – India
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