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Fast Retailing to increase use of recycled material

  

Fast Retailing is aiming to increase the proportion of recycled materials to around 50 per cent by 2030. The group is expanding its introduction of materials that place a lower burden on the environment, starting with synthetic fibers such as rayon and nylon. Practical targets include — among others — focusing on zero waste by reducing, replacing, re-using, and recycling materials used in the process of delivering clothes to customers, achieving carbon neutrality by 2050, reducing greenhouse gas emissions by 90 per cent by 2030, cutting store electricity consumption and developing new highly energy-efficient store formats, with an aim to launch a prototype store during 2023. The group will accelerate its transition to a new business model encompassing both sustainability and business growth. The strategy will be underpinned by ethics, diversity, inclusion, carbon-neutrality, zero waste, traceability and transparency.

It will be about everyday clothing, designed to make everyone’s life better — to create apparel that not only emphasizes quality, design, and price, but also meets the definition of good clothing from the standpoint of the environment, people, and society. Fast Retailing will emphasize care for the environment in all processes, from manufacturing to transport and sales, sharply reducing greenhouse gas emissions and waste to establish a production process with a light environmental impact.

 
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