Canadian footwear chain the Aldo Group has been certified as climate neutral for the third consecutive year and is now looking to scale up its carbon reduction objectives to address its “most material issues” including waste management and positive impact on local communities.
After becoming the first fashion footwear and accessories company in the world to be certified climate neutral for its corporate stores, offices and distribution centers in 2018, Aldo has once again received its climate-neutral company certification from South Pole – a leading provider of global sustainability solutions and services.
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By purchasing carbon credits from high-impact emission reduction initiatives, the Aldo Group is supporting clean energy projects in India and China (solar power, wind energy and waste-to-energy), as well as a nature-based forest conservation project in the Amazon basin. The latter simultaneously addresses climate change, supports local communities and smallholders, and conserves biodiversity. All carbon credits are sourced from certified projects, ensuring the investment will make the greatest impact.
“The Aldo Group is dedicated to maintaining its commitment to building a low-carbon future. We’re proud of what we’ve accomplished since our first climate neutral certification in 2018 – it’s taken us many years of analysis, research and action to get to where we are today – but we know there’s still much work to be done,” says CEO David Bensadoun.
“We also hope to rally industry players to continue to do so or start and join the movement.”
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The group says it recognises the importance of remaining focused on its climate-neutral journey and with regard to corporations, sustainability evolves quickly and requires constant adaptation and flexibility.
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By GlobalData“The Aldo Group knows this calls for close collaboration with industry groups that act as valued partners and counsellors at each step of the process. Since the beginning of its sustainability commitment, the company has prioritised collaborations with reputable partners in order to better enable its plan and efforts towards concretely achieving its set of goals.”
Having achieved significant reductions for its operations’ emissions over the past seven years, the company now sees a necessary shift in its sustainability projects. As such, it is scaling up its carbon reduction objectives to address its most material issues: from waste management to its positive impact on local communities, from teaming up with partners to improve their social and environmental footprint to promoting diversity and inclusion.
Going forward, the group aims to continue introducing more innovative low impact materials for its brands. The company’s long-term plan will also imply perpetuating collaborations with trusted partners to remain accountable of its progress and commit to its set goals.
