US' Levi Strauss & Co. aims for 40% decline in GHG emissions by 2025
02 Oct 22 3 min read
Levi Strauss & Co. aims for 40 per cent reduction in supply chain greenhouse gas (GHG) emissions by 2025, as per the company’s new slate of goals which has been released as part of its Sustainability report, demonstrating its commitment to a holistic definition of sustainability and progress across its key pillars of climate, consumption and community.
The goals cover focus areas including greenhouse gas emissions, water stewardship, circular economy and new business models, worker well-being in the supply chain, diversity, equity and inclusion and social issue advocacy.
Taken together, they are a clear expression of the company’s guiding philosophy of profits through principles. They also signal the company’s commitment to working in partnership with others throughout its value chain, its intent to accelerate the development of circular products and the broader circular economy ecosystem, and its determination to enhance a longstanding company value of treating all people with dignity and respect.
- US’ First Quality names new chief product innovation officer
- Thailand’s Indorama Ventures secures $500 mn loan for refinancing
- Thailand’s Indorama Ventures upgraded to 'AA' rating by MSCI
- IACMI collaboration facility in US gets Michelman fibre sizing line
- Japan’s Asahi Kasei, Mitsui & Mitsubishi to conduct joint study
- American brand AmorSui expands PPE product line
“These goals are crucial to the future of our business,” says Chip Bergh, chief executive officer and president of Levi Strauss & Co. “By doubling down on sustainability and ESG reporting at Levi Strauss & Co., we are creating a more resilient business while also signaling to our full range of stakeholders, including our consumers, that we are committed to being transparent about our progress on ESG matters and working to create the scale necessary to address the most pressing challenges of our time.”
The goals are among the highlights of the company’s recently published sustainability report and comprehensive set of disclosures. It also complements the latest iteration of the Levi's brand’s Buy Better Wear Longer marketing campaign, launched on September 21 as a continuation of the brand’s ongoing conversation with consumers about the need to combat overproduction and overconsumption in and by the apparel industry.
With regard to the goals, the company will be reporting progress on each goal on an annual basis, demonstrating to all stakeholders – from investors to employees to supply chain workers to partners around the world – that it is becoming more sustainable, more equitable and more impactful as a company day by day.
“Our new goals signal a step change in our sustainability ambitions and our intent to increase open collaboration in the industry,” says Jeffrey Hogue, chief sustainability officer. “We intend to leverage the strength of our brands and our longstanding company values to inspire our employees, communities and value chain partners to join our journey to create a more inclusive and regenerative apparel industry.”
Fibre2Fashion News Desk (RR)
Popular News
|
NCTO outlines steps for US to reverse fall in textile manufacturing |
|
Bangladesh Bank’s exchange rate policy change sparks taka freefall |
|
Euro area seasonally-adjusted Mar unemployment rate 6.5%; 6% for EU |
|
US brand Under Armour unveils vanish Pro Tees with NEOLAST innovation |
|
The Lenzing Conclave in Varanasi gets an overwhelming response |
|
Cotton yarn market bearish in north India; prices down in Ludhiana |