At its Annual General Meeting (AGM), Inditex, the parent company of Zara, announced even more ambitious environmental goals, including a commitment to reduce emissions throughout its value chain by 50% by 2030 (en route to achieving net zero emissions by 2040).
The group, which is also home to brands like Massimo Dutti, Bershka, and Pull & Bear, announced during the event that it had concentrated its sustainability projects into four major areas in order to achieve this aim. The event was held at the business’s headquarters in Arteixo, Northern Spain.
The four major areas of sustainability the company has prioritised are:
- Lower-impact Fibres: By 2030, Inditex will only use textile materials that have a lower environmental impact. Roughly 40% of the fibres used by the Inditex brands will come from conventional recycling processes, 25% from next-generation fibres (some of which will be scaled up in collaboration with start-ups identified through the Inditex Sustainability Innovation Hub), and 25% from organic or regenerative farming methods.
- Supply chain transformation: The company promises to support social and environmental change across its supply chain. Its “Workers at the Centre” policy will lead to social transformation, and the Environmental Transformation Programme is focused on managing water, wastes, chemical products, and energy.
- Biodiversity: Inditex will support projects for the protection, restoration or regeneration of up to 5 million hectares, helping to upgrade their biodiversity.
- Circularity: Continuing to extend circularity initiatives such as Zara Pre-Owned.
Speaking at the event, Inditex chair Marta Ortega Pérez, said that “the magic of Inditex lies with our team and values, heavily influenced by self-imposed high standards. The future is not predetermined and we must never forget that”.
