U.S. fashion brands estimate to increase sustainable denim offerings by 75%



American fashion brand Guess will increase its sustainable denim offering to 75% within three years, replace virgin polyester with recycled materials, reduce corporate greenhouse gas emissions by 50%, and reduce supply chain emissions. We plan to reduce it by 30% by 2030. Approved by the Science Based Targets Initiative. Guess announced its goals in Vision Guess, the fourth sustainability report covering fiscal years 2020 and 2021, developed in accordance with the standards of the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB). It shares the company’s progress on environmental, social and governance (ESG) topics. This report covers the three pillars of Guess’s sustainability plan: operating in good faith, empowering people and protecting the environment. The company details key achievements since the announcement of its first sustainability goal, increasing its offering of eco-smart Guess denim products by 18%. Increase globally certified and sustainable materials across the brand. The company said in a press release that it has achieved gender equality in both its US headquarters and its US retail business. The report also highlights the company’s new Guess Sustainability Assurance Framework. This is a robust process that collects, reviews, and tests sustainability data before sending it to an external warranty provider to ensure the consistency and comparability of nearly 100 ESG-related metrics. “This year’s report, Vision Guess, focuses on our higher standards and extended ESG strategies for the future. We reserve ESG reports, usually for financial reporting. We treat it in a rigorous manner and focus on developing the right systems, tests, and controls to ensure proper compareability, consistency, and accountability. ” Guess CEO Carlos Alberini.. The publication of Vision Guess is a milestone for the company, demonstrating that it has successfully completed a reasonable guarantee agreement with the big four accounting firm KPMG and investigated the indicators and disclosures of its sustainability report. Fiber2Fashion News Desk (KD) American fashion brand Guess will increase its sustainable denim offering to 75% within three years, replace virgin polyester with recycled materials, reduce corporate greenhouse gas emissions by 50%, and reduce supply chain emissions. We plan to reduce it by 30% by 2030. Approved by the Science Based Targets Initiative. U.S. fashion brands estimate to increase sustainable denim offerings by 75% Source link U.S. fashion brands estimate to increase sustainable denim offerings by 75%



Source link

Leave a Reply

%d bloggers like this: