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Thursday, 22 July 2021 13:08

Guess announces targets in new sustainability report, Vision Guess

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In its fourth sustainability report Vision Guess covering fiscal years 2020 and 2021, American fashion brand Guess announced its future targets, written in accordance with the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) standards.

As per these targets, Guess plans to increase sustainable denim offerings to 75 per cent within three years, replace virgin polyester with recycled materials, reduce corporate greenhouse gas emissions by 50 per cent and supply chain emissions by 30 per cent by 2030. Its greenhouse gas targets have been approved by the Science Based Targets Initiative.

The report also highlights the company’s new Guess Sustainability Assurance Framework - a robust process to collect, review and test sustainability data to ensure the consistency and comparability of nearly 100 ESG-related metrics, before sending to its external assurance provider.

The publication of Vision Guess marks the company’s successful completion of a reasonable assurance engagement with Big 4 accounting firm KPMG to examine the metrics and disclosures in its sustainability report.