The Armani Group has pledged to reduce its overall greenhouse gas (GHG)
emissions in a bid to follow the Paris Agreement for climate change. The
Milan-based fashion company said its aims were to reduce absolute scope 1
and 2 GHG emissions 50 percent by 2030 from a 2019 base year and reduce
absolute scope 3 GHG emissions from purchased goods and services and
downstream transportation and distribution 42 percent by 2029 from a 2019
base year.
The Paris accord seeks to curb the negative impact of climate change and
limital global warming to below 1.5 degrees celsius.
Science Based Targets initiative (SBTi) is a collaborative partnership
between the Climate Disclosure Project (CDP), the United Nations Global
Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund
for Nature (WWF), which encourages and recognizes companies that have made
a public commitment to reduce greenhouse gas emissions, ensuring the
transition to a low-carbon economy.
“Fighting climate change is a very complex undertaking that requires great
dedication and must cover the…
