British luxury brand Burberry has accelerated its sustainability goals!
The fashion brand now plans to go further than its present target of achieving net zero carbon emissions by 2040.
And to do so, it will be investing in initiatives to help support broader climate change efforts that go beyond its immediate supply chain.
The retailer has committed to cut emissions across its extended supply chain by 46 per cent by 2030. Additionally, it plans to develop projects that will support other businesses to improve their carbon footprints.
That’s not all! Burberry has also, reportedly, announced that it will support Fashion Avengers, which is a coalition of global fashion firms working to inspire industry-wide action to meet UN’s Sustainable Development Goals.
Besides, through the Burberry Regeneration Fund, Burberry also plans to speed up the development of low-carbon solutions.
Marco Gobbetti, CEO, Burberry says that drawing on the heritage of exploring nature and driven by brand’s creative spirit, Burberry is setting a bold new ambition of becoming climate positive by 2040.