Commercial, Energy Efficiency, GHG Emissions - August 16, 2022
Burberry Emission Goal Approved by SBTi
Burberry, a luxury fashion brand, received approval from the Science Based Targets initiative (SBTi) for its net-zero emissions target.
This validation confirms that the goals Burberry has set to reach net-zero emissions by 2040 are based on the latest climate science goals. Burberry commits to reduce absolute Scope 1 and 2 GHG emissions 95% by 2023 from a 2017 base year, and reduce Scope 3 GHG emissions 46.2% by 2030 from a 2019 base year.
The company also commits to maintaining at least 95% absolute Scope 1 and 2 GHG reductions from 2023 through 2040 against a FY2017 base year, while reducing absolute Scope 3 GHG emissions 90% by 2040 from a 2019 base year.
Burberry is currently carbon neutral across its own operations globally, all the electricity it uses is from renewable sources and almost every product it makes has a social or environmental benefit.
“The Science Based Targets initiative (SBTi) plays a critical role in ensuring ambitions set by businesses are in line with the latest climate science and will contribute to tackling the climate emergency,” said Caroline Laurie, VP of Corporate Responsibility, Burberry in a statement. “Rooting our commitments in science has always been a priority at Burberry, so we can ensure the steps we are taking will have the necessary impact and bring about lasting change. We continue to challenge ourselves to drive measurement, improvement and transparency across our operations and we are committed to continue working with our suppliers and partners to accelerate the adoption of more sustainable practices.”
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