View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 3, 2021

Global Fashion Group goes carbon neutral

Global Fashion Group (GFG) claims to be first major e-commerce fashion and lifestyle retailer in its markets to announce carbon neutrality and the use of 100% renewable energy across its fulfillment centres.

By Beth Wright

The online fashion and lifestyle retailer has announced carbon neutrality across its operations and outbound deliveries.

In line with its sustainability strategy, GFG offset the emissions generated from its own operations and outbound deliveries by purchasing high-quality carbon credits from certified renewable energy projects located in China, India, and Brazil where GFG’s operations and own-brand suppliers are based.

What’s more, the company says all of its nine fulfilment centres across Latin America, the CIS, Southeast Asia (SEA), and Australia and New Zealand (ANZ) are today sourcing renewable electricity. The milestone is achieved through ANZ shifting to a renewable electricity provider and purchasing of Renewable Energy Certificates (RECs) for fulfilment centres in LATAM, CIS, and SEA.

Recognising that the purchase of RECs is an interim solution as green energy infrastructure in GFG’s markets continues to mature, the company will continue exploring opportunities such as on-site solar panel installations at its fulfilment centres.

In addition, GFG has also published its 2020 Climate Report which includes the company’s commitment to setting Science Based Targets. The report presents GFG’s 2020 carbon footprint, its carbon mitigation strategy, and the key focus areas in the group’s transition to lower carbon ways of working.

To ensure GFG is heading towards a carbon reduction pathway that is in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement, the group is on track to set Science Based Targets before the end of 2021. Carbon modelling work is also underway to support GFG’s target-setting process and understand the impact of key actions and targets to drive emissions reduction in the long term.

Jaana Quaintance-James, chief sustainability officer at GFG said: “We have reached an inflection point as a global community whereby the impetus for the transition to a low carbon economy is undeniable. We recognise there is much work ahead of us to reduce our footprint and therefore formailsing our carbon mitigation strategy is an important step to support our transition. While the purchase of offsets and renewable energy certificates will not distract us from true reduction efforts, they mark an important milestone in GFG’s journey.”

Click here to read the 2020 Climate Report in full. 

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Style