Stahl says the step underlines its commitment to aligning its strategy with the 2015 Paris Climate Agreement goals, updated at the recent COP26 in Glasgow.
Between 2015 and 2020, Stahl reduced its Scope 1 and 2 (direct) GHG emissions by 37%, and has committed to a further 2% reduction each year to 2030. Scope 3 emissions cover all the indirect emissions that can occur in a company’s value chain, including raw material acquisition, transportation, and the end-of-life impact of its products.
By focusing on Scope 3 emissions, Stahl says it is committing to de-fossilising its supply chain and ensuring further accountability for its total environmental impact.
“Only by focusing on reducing Scope 3 emissions can we accurately align our de-fossilisation strategy with the global goal of limiting global average temperature increase to 1.5 degrees Celsius, as agreed at the 2015 Paris Climate Agreement and the COP26 in Glasgow. We look forward to working with partners across our industry and value chain to make this happen,” adds Michael Costello, Stahl Group ESG director.
Click here for Just Style’s take on what the COP26 Glasgow Climate Pact, which is based on limiting global warming to 1.5 degrees Celsius, means for the world and how the apparel industry and global supply chains can make a positive difference.