ICB » Fashion » PVH Corps’ target to reduce Greenhouse Gas Emissions by 2030

PVH Corps’ target to reduce Greenhouse Gas Emissions by 2030



As a part of PVH’s Fashion Forward Strategy that was launched earlier this year the American giant has announced new greenhouse gas (GHG) reduction targets.

PVH Corp owns brands like Van Hussein, Calvin Klein, Speedo, Tommy Hilfiger and more. The targets include goals to have all offices, warehouses and stores powered by 100% renewable electricity and to drive a 30% reduction in its global supply chain (Scope 3) emissions – both by 2030.

Also, the company’s green efforts align with the Paris Agreement’s decarbonization goal of 1.5 degrees celsius. With these practices the company will reduce emissions for its Scope 1 and 2 GHG footprints by 71%, and to drive a 30% reduction in its global supply chain (Scope 3) emissions by 2030.

The targets were approved by the Science Based Targets initiative – collaboration between CDP, WWF, World Resources Institute (WRI) and the United Nations Global Compact (UNGC). “This validation of our Science Based Targets reflects the science- and data-based underpinnings of PVH’s Forward Fashion strategy and our goal of driving fashion forward – for good. A critical aspect of our ambitions is helping combat climate change, and we are focused on cutting greenhouse gas emissions and driving renewable energy procurement in ways that will generate tangible and scalable change. We are working towards these goals as an individual organization, as well as with our peers and partners,” said PVH Chairman & CEO Emanuel Chirico in an official statement.

ShrishtyM

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