gateway

Tuesday, 15 December 2020 14:29

Asics to promote sustainability in all business areas

Rate this item
(0 votes)
  

First Japanese company to join The Fashion Pact, Asics will continue to promote sustainability in all areas of business. Asics has been focusing on climate change and last year announced its commitment to set science-based emissions reduction targets to limit global temperature rise to 1.5°C above pre-industrial levels, towards a net-zero future by 2050. Currently, Asics aims to reduce greenhouse gas emissions at business locations by 38 per cent, and by 55 per cent per product along the supply chain by 2030.

Demonstrating its commitment to ensuring the fashion sector is on the path to a sustainable future, Asics is also a signatory of the UNFCCC Fashion Industry Charter for Climate Action and a founding member of the Sustainable Apparel Coalition.

Asics has also received an “A-" score for latest response to the CDP’s annual Climate Change questionnaire for its actions to reduce greenhouse gas emissions and effectively address climate change. The performance scoring by CDP—a not-for-profit organisation that collects environmental data and runs a global disclosure system—is one of the most trusted standards among institutional investors, 515 of whom endorsed the assessment this year. Asics is one of the first sporting goods manufacturer in the world to receive the “A-" score.

Fashion Pact is a global coalition of companies in the fashion and textile industries which have all committed to a common core of key environmental goals in three areas: mitigating climate change, restoring biodiversity and protecting the oceans.

The pact was created and presented to heads of state during the G7 summit in Biarritz in 2019. Initially, thirty-two signatories across luxury, retail, fashion, sports and lifestyle joined this new industry coalition and committed to collectively spearhead transformation in their respective industries.