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PVH’s two new climate targets approved by SBTi



The Science-Based Target initiative (SBTi) has approved two new climate goals proposed by the US ready-to-wear giant PVHCorp, helping the company further move towards Zero-carbon economic development. PVH Group…

The Science-Based Target initiative (SBTi) has approved two new climate goals proposed by the US ready-to-wear giant PVHCorp, helping the company further move towards Zero-carbon economic development.

PVH Group, which owns Calvin Klein, Tommy Hilfiger, Van Heusen and other brands, has promised that all the group’s offices, warehouses and stores will use 100% renewable electricity by 2030 , the company’s “Scope 1” and “Scope 2” greenhouse gas emissions (GHG) will be reduced by 71% before 2030, and drive PVH’s global supply chain to reduce “Scope 3” greenhouse gas emissions by 30% %.

[Explanation: “Scope 1” refers to the direct emissions from facilities activities owned or controlled by the organization; “Scope 2” refers to the organization’s direct emissions from facilities owned or controlled by the organization. Indirect emissions generated by outsourcing and using energy; “Scope 3” refers to all indirect emissions that occur within the organization’s value chain (including upstream and downstream) (not falling within “Scope 2 (within)).]

“GHG emission reduction targets” is a plan launched by PVH earlier in 2019, under the umbrella of “Forward Fashion” ) is part of the corporate responsibility strategy, which aims to help companies achieve the operational goals of “zero waste”, “zero carbon emissions” and “zero toxic chemicals”, and actively invest in the production of circular products among other social and environmental commitments .

To achieve these goals, PVH said it will cooperate with the most energy-consuming factories in its supply chain to set reduction targets and develop products with less impact on the environment. products, improve energy efficiency through factory improvement plans, and work with suppliers to promote the transition to renewable energy.

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Author: clsrich

 
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