Skip to main content

New Look pledges to be climate positive by 2040

// New Look announces plans to become climate positive by 2040
// The retailer is also pledging to halve greenhouse gas emissions from products by 2030

New Look has today published an update to its Sustainability Strategy, including a new commitment to become a ‘climate positive’ business by 2040.

The fashion retailer is also looking to halve the greenhouse gas emissions from its products by 2030.

The climate positive commitment will see New Look strive to reduce its environmental impact across a range of key factors. This includes the circularity of its products and packaging, and reducing emissions and water usage.

READ MORE: Asda expands New Look partnership to 8 more stores

New Look already classes 55% of its products as “Kind”, meaning that they are sourced with environmental impacts in mind, including the amount of cotton sourced through the Better Cotton Initiative.

Now the retailer is aiming to ensure that 100% of its cotton is either recycled, organic or from the initiative by 2022. Additionally, New Look has put a target in place to use 100% sustainable viscose by 2023.

The company said the new goals build on its previous commitment to set science-based emissions targets, which was made late last year. New Look now expects to confirm specific emissions targets and a roadmap for reaching them by 2023, before then securing independent approval from the Science-Based Targets Initiative (SBTi) in 2024.

SBTi has recently strengthened its guidelines for companies setting emissions targets through the introduction of a new net zero standard, which not only requires firms to set short and long term emissions reduction goals in line with a 1.5C warming trajectory but also aims to minimise the use of carbon offsets to meet net zero goals.

New Look chief executive Nigel Oddy said: “Environmental and social responsibility has been a part of our business for over 20 years,”

“Now, as a leading womenswear retailer with a global footprint, acting sustainably has never been more important to us. We are proud of our achievements to date, but our strategy refresh commits to going further and outlines our ambitions for the future.

“At New Look, we have a responsibility to our people, employees, and wider society to embrace and accelerate the change needed to reduce our environmental impact. By ensuring that our business is ‘Kind to Our Core’ we are also building a brand that is fit for cultural evolution and global challenges, creating a sustainable future for New Look.”

Sue Fairley, head of sustainability at the retailer said: “we are thrilled to be launching the next stage of our sustainability strategy. We have extended the reach of our pledges and have committed to becoming climate positive by 2040, which is a key milestone for New Look. We’re pleased to be making progress in an area which has been crucial to our business and the commitments build on the last 20 years of work in this area. This strategy will help us to shift our priorities, ensure best practice and improve transparency within our overall supply chain.”

The retailer also recently partnered with re-sale specialist Re-Fashion to launch New Look X Re-Fashion, marking its first venture into the pre-loved fashion market.

Earlier this month the Competition and Markets Authority announced that its plans to investigate ‘greenwash‘ marketing claims would initially focus on the fashion industry, in response to widespread fears that parts of the sector are guilty of exaggerating its environmental performance.

Click here to sign up to Retail Gazette‘s free daily email newsletter

The post New Look pledges to be climate positive by 2040 appeared first on Retail Gazette.



from Retail Gazette https://ift.tt/LIzK4pHAU
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp...
68 comments
Read more

Coronavirus Recovery: Canadian Small Businesses Must Focus on Easing Employee, Customer Fears

By M. Tina Dacin and Laura Rees A small business has been  given the green light to reopen amid the COVID-19 pandemic . What does it need to consider for employees and customers? Small business owners are reorganizing physical space to account for continued distancing requirements and rethinking supply chains to deliver products and services in new ways to meet changing demand patterns. But they must not forget the hearts and minds of employees and customers. That doesn’t mean replacing a focus on the bottom line, but it helps address the need for a new set of expectations and ways of communicating in terms of product or service offerings, delivery methods and real-time feedback. Based on our expertise in organizational behaviour and past research we’ve conducted, we provide a set of recommendations to help small businesses thrive in our new COVID-19 economy by looking after the hearts and minds of the people most important to businesses — employees and customers. Fear, Anxi...
1 comment
Read more

World's 1st Pizza Subscription Service Launches in Toronto

general assembly subscription user opening delivery box of pizza. photo: general assembly pizza By Mario Toneguzzi Toronto-based General Assembly Pizza has launched what it describes as the world’s first pizza subscription service as it also plans to aggressively expand its product offering in the near future by opening a new concept in the market. "Since opening our doors in 2017, we have pushed for the best guest-experience possible — that's why our dough is 100 percent naturally leavened, that's why we have a purpose-built 400-square-foot pick-up and delivery area, and that's why we’ve launched a direct-to-consumer subscription-based ecommerce platform,” said Founder & CEO Ali Khan Lalani. “In 2020, providing the best guest experience means General Assembly Pizza has to be more than a restaurant. I'm proud to say that after almost six months of planning, many roadblocks, and countless pivots — all while maintaining our day-to-day restaurant operatio...
1 comment
Read more