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ASOS TO ACHIEVE NET-ZERO ACROSS THE FULL VALUE CHAIN BY 2030

ASOS TO ACHIEVE NET-ZERO ACROSS THE FULL VALUE CHAIN BY 2030

Online retailer Asos has published its ‘Fashion with Integrity 2030’, environmental, social, and corporate governance programme, which includes a commitment to achieve net-zero across the full value chain by 2030, and plans to be more circular, transparent and diverse.

The ‘Fashion with Integrity 2030’ (FWI 2030) plan focuses on minimising Asos’ impact on the planet and meeting increasing demands from customers for greater choice in responsible fashion.

Asos has set two overarching pillars, Planet and People, which are underpinned by four key goals to achieve by 2030 – to be net-zero, be more circular, be transparent, and be diverse.

Asos plans to be net-zero by minimising its impact on the planet through decarbonisation targets set with the Carbon Trust, with plans to be carbon neutral in its direct operations by 2025 and achieve net-zero across its value chain by 2030.

The e-tailer also plans to shift towards more circular systems to ensure that 100 percent of its own-brand products and packaging are made from more sustainable or recycled materials by 2030.

It will also ensure that 100% of its own-brand packaging is made from recycled materials and can be widely recyclable by 2025.

It will also ensure that third-party brands are signed up to the transparency pledge and the Asos ethical trade policy by 2025.

In addition, Asos will provide full public transparency of every Asos own-brand product by 2030.

The final pledge is to be diverse by driving diversity, equity and inclusion across every aspect of the business, with a focus on leadership representation.

Asos said that it will ensure that at least 50 percent are women and more than 15 percent are from an ethnic minority background at every leadership level by 2030.

“Asos wants diversity in its workforce and will ensure that 50 percent of leadership are women, and 15 percent are from ethnic minorities

We will work closely with our brand partners and our suppliers, and we will forge new relationships and partnerships to drive progress and build new solutions to enable the achievement of our FWI 2030 goals.

 

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