Energy Efficiency, GHG Emissions, Industrial  -  October 17, 2024

Levi Strauss & Co. Sets 2050 Goals

Apparel maker Levi Strauss & Co. (LS&Co.) released its inaugural climate transition plan, which provides a roadmap to reaching its near-term GHG emissions reduction target by 2030 and its goal of being a net zero company by 2050.

The company’s plan focuses on three key areas to achieve progress:

• Improving operations: Reducing Scope 1 and 2 emissions will remain a central focus through actions including investments in energy efficient technology and renewable energy solutions, utilization of a Global Energy Management System to guide site decision making and energy procurement, partnerships with utility companies and landlords on decarbonization, and integrating climate change considerations into its partnerships and procurement process.
• Working with value chain: LS&Co. is committed to working with its hundreds of suppliers around the world to mitigate Scope 3 emissions through Science Based Targets initiative (SBTi)-aligned climate targets for key suppliers, investment in sustainable materials and innovation, supplier financing options to facilitate investment in energy and emissions reductions, renewable energy, partnerships that accelerate circularity and sustainable cotton farming practices.
• Ensuring good governance and planning: LS&Co. is ensuring its climate transition plan is integrated across the entire business. The company is doing this by embedding climate risks and opportunities into its annual enterprise and relevant functions’ business plans, proactively seeking third-party expert feedback on the development and implementation of the plan, and continuing to use its influence and partnerships to advance policies that support the climate transition.

“For years, LS&Co. has been deeply engaged in fighting the climate crisis and sought to lead by example in tackling one of the most pressing and urgent issues of our time. Our climate transition plan embodies our commitment to doing our part, reaching our targets, and working with partners across our value chain to enable collective action to address climate change. These steps will not only move us toward our Net Zero climate ambition by 2050, but also strengthen our own business’s resilience to the effects of climate change,” said Jeffrey Hogue, LS&Co.’s chief sustainability officer, in a statement.

Building on the company’s past progress, LS&Co.’s climate transition plan outlines the detailed steps the company will take to meet its SBTi approved net zero ambition along with near-term goals, including a 90% absolute Scope 1 & 2 reduction in GHG emissions by 2025 from a 2016 base year; a 42% absolute Scope 3 GHG emissions reduction from purchased goods and services for apparel production emissions related to tops and bottoms by 2030 from a 2022 base year; and 100% renewable electricity in all company-operated facilities by 2025.

Share this valuable information with your colleagues using the buttons below: