SBTI news and archive

THG secures SBTi approval for net-zero targets

Beauty and fashion technology group THG has announced that its net-zero targets have been validated by the Science Based Targets Initiative (SBTi), confirming that they align with the latest goal of limiting global warming to 1.5 degrees celsius. To achieve such a feat, THG completed and submitted its science-based targets (SBTs) at the end of...

Business

About You, YNAP and Zalando expand educational climate initiative

Now in their second year of collaboration, Yoox Net-a-Porter (YNAP) and Zalando, together with German fashion retailer About You, are set to expand on their ongoing ‘Fashion Leap for Climate’ initiative with a refresh of their educational platform. The three online retailers will be growing their co-created platform by inviting 250 brand...

Business

John Lewis becomes first UK retailer to achieve SBTi validated net-zero targets

John Lewis Partnership (JLP) has announced that it has had its net-zero science-based targets validated by the Science Based Targets initiative (SBTi), making it the first UK retailer to have achieved such a feat. The organisation has validated John Lewis’ target to become net-zero across its own operations by 2035, and its wider supply chain by...

Business

Tiffany & Co. receives SBTi approval on net-zero emissions target

Tiffany & Co. has become the first luxury jeweller to receive approval from the Science Based Targets initiative (SBTi) on its net-zero emissions target as it looks to push forward its sustainability goals. In 2022, Tiffany & Co., part of LVMH, announced a road map detailing net-zero greenhouse gas (GHG) emissions across its own operations...

Business

Capri Holdings publishes update of CSR goals, receives SBTi backing

Luxury conglomerate Capri Holdings has released its latest Corporate Social Responsibility (CSR) report, covering the company’s efforts and progress within the topics of sustainability, human rights, diversity and philanthropy during FY22. Speaking on the report, John Idol, chairman and chief executive officer, said: “Capri Holdings is a company...

Business

SAC members required to set SBTs as part of new decarbonisation programme

The Sustainable Apparel Coalition (SAC) has announced the launch of a new Decarbonisation Programme which is aiming to push the sector towards Science-Based Targets (SBTs). The programme will focus on collaborations, member support and delivering tools and guidance to make achieving these targets possible, SAC said. All members of the...

BusinessFeatured

Sustainability firm says companies are ‘green hushing’ science-based targets

South Pole, a firm centred around supporting businesses with their sustainability goals, has released the third edition of its annual report looking at how companies are approaching net-zero goals. In the report, the organisation looked at over 1,200 private companies who have sustainability or CSR head, which it could then label as “leaders” of...

BusinessFeatured

Burberry receives SBTi approval for its net-zero emissions target

Burberry has become the first luxury fashion brand and one of the first companies globally to receive approval from the Science Based Targets initiative (SBTi) for its net-zero emissions target. The validation from SBTi confirms that Burberry’s goals to reach net-zero emissions by 2040 are based on the latest climate science and meet the urgent...