Limiting global warming and climate change is one of the most urgent tasks the world is facing. Science shows the world must cut emissions in half by 2030 and reach net zero emissions by 2050. This is a tremendous task that will only be accomplished with governmental regulations, business leadership, unseen innovations and large scale industry initiatives.

There is a general consensus about the urgent need to reduce greenhouse gases across the apparel value chain and a growing consensus that this can only happen through a fossil free supply chain.

Targets

In 2022 we defined our CO₂e reduction targets. The base year for our targets is 2020/21.

• We commit to reducing our emissions from our own operations with at least 50 percent by 2030 and to use 100 percent renewable electricity by 2023.

• We also commit to reducing our emissions in Scope 3 by 40 percent to Net Sales by 2030. In 2020/21, this figure was 17.3 tons CO₂e/SEKm and in 2030 it should be 10.4 tons CO₂e/SEKm.

• Our target is thus maximum 1 kg of CO₂e per 100 SEK turnover.