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PVH's GHG emission reduction targets approved by SBTi

14
Dec '19
Pic: PVH
Pic: PVH
PVH Corp’s absolute greenhouse gas emission reduction targets have been approved by the Science Based Target initiative. PVH’s targets are in line with the most ambitious level of decarbonisation, 1.5 degrees Celsius, set out by the Paris Agreement, a United Nations-led agreement among nations to limit the earth’s rising temperature to fight climate change.

PVH established GHG emission reduction targets as part of the Forward Fashion Corporate Responsibility strategy launched earlier this year. The strategy set out the ambition for business operations to generate zero waste, zero carbon emissions and zero hazardous chemicals, and to produce circular products.

Among the GHG targets approved by SBTi is that all PVH offices, warehouses and stores will be powered by 100 per cent renewable electricity by 2030, which will reduce emissions for the company’s Scope 1 and 2 GHG footprints by 71 per cent, and that PVH will drive a 30 per cent reduction in its global supply chain (Scope 3) emissions by 2030.

“This validation of our Science Based Targets reflects the science- and data-based underpinnings of PVH’s Forward Fashion strategy and our goal of driving fashion forward – for good. A critical aspect of our ambitions is helping combat climate change, and we are focused on cutting greenhouse gas emissions and driving renewable energy procurement in ways that will generate tangible and scalable change. We are working towards these goals as an individual organisation, as well as with our peers and partners,” said PVH chairman and CEO Emanuel Chirico.

To continue reaching these targets, PVH pursues energy efficiencies and renewable energy deployment in line with its commitment to RE100, a global corporate leadership initiative moving businesses toward 100 per cent renewable electricity. Steps being taken to achieve Scope 3 targets include engaging with the most energy intensive facilities in its supply chain to set targets and reduce GHG footprints, particularly through the Higg Facility Environmental Module, developing products with lower environmental impacts in line with the company’s Forward Fashion commitments to Regenerate Materials and Innovate for Circularity, promoting energy efficiency through mill improvement programmes, deployed by the Apparel Impact Institute, collaborating with suppliers to drive renewable energy transitions, and supporting the efforts of the United Nations Fashion Industry Charter for Climate Action.

Fibre2Fashion News Desk (SV)


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