Commercial, Energy Efficiency, GHG Emissions - January 3, 2023
Capri Holdings Lowers Emission Output
Capri Holdings Limited, a global fashion luxury group, made progress on lowering emissions in 2022 by achieving a 38% reduction in Scope 1 and Scope 2 GHG emissions from fiscal year 2019 baseline.
The company also received approval of GHG emissions reduction targets from the Science Based Targets initiative (SBTi).
Capri reaffirmed its commitment to renewables through The Fashion Pact collective virtual power purchase agreement (CVPPA), sourced 91% of leather from tanneries certified to the highest environmental standards and embraced circulatory through repair and re-commerce initiatives.
Details were provided in its 2022 Corporate Social Responsibility (CSR) report.
“Capri Holdings is a company deep with purpose. Whether it’s doing our part to foster a more resilient environment, promote diversity and inclusion or give back to those in need, Capri Cares about the planet and its people. It is that purpose that drives us forward as we pursue our CSR goals with even more intention,” said John D. Idol, CEO of Capri Holdings in a statement. “We are pleased with the progress we have made over the past year and look forward to continuing to share the work our Capri community is doing to care for the world around us.”
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