The report details the company’s disclosures to meet stakeholder needs and further underscores its commitment to transparency. Informed by the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) standards, the report captures the company’s programmes and priorities and articulates the overarching approach, incorporating new elements and updates to plans around existing focus areas.

“Levi Strauss & Co has been in business for more than 168 years because we make durable products that are built to last and because we proudly adhere to a guiding philosophy of profits through principles across our operations,” said Chip Bergh, president and CEO of Levi Strauss & Co. “These ongoing commitments serve as the foundation of this document. This is how we contribute to the establishment of a safer, more just, more sustainable future. It demonstrates our commitment to our values and shows we understand how sustainability creates value for all stakeholders. It aligns us with the concerns and demands of today’s consumers and investors, and it helps future-proof our operations for the long-term.”

Levi Strauss & Co’s sustainability strategy centres on three main pillars – climate, consumption, and community – that it will measure meaningful progress against. These categories encompass the work the company has already been doing – such as industry-leading science-based targets on climate and pioneering material innovations like cottonised hemp – as well as forward looking initiatives on a wide range of environmental, social and governance topics, the company said in a media release.

Broadly, the company is continuing to find ways to use less water, reduce emissions, better support workers, drive safer chemistry, further reduce waste, and become more circular. It seeks to become more diverse, more equitable, and more inclusive. The company also plans to continue to use its voice and resources to bolster its people and communities.

“While we’re proud of the work we’ve done, this is a journey and we know we and our industry still have a long way to go to deliver on our promises and ambitions of sustainability,” said Jeffrey Hogue, chief sustainability officer of Levi Strauss & Co. “That applies to our climate programmes, our efforts on water, our Worker Well-being programmes, our diversity work, and more. There are improvements to be made just about everywhere. It’s what we have to do to create a resilient business that can last for another 168 years.”

Fibre2Fashion News Desk (KD)