The emission reduction targets set by Fruit of the Loom Inc. have been approved by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement.
“The latest Intergovernmental Panel on Climate Change report makes it clear that more needs to be done — and faster,” says Melissa Burgess Taylor, chairman and CEO of Fruit of the Loom Inc. “We are pleased to be recognized by the SBTi for our commitment to reduce our greenhouse gas emissions in line with what the latest science has told us is needed to prevent the most damaging effects of climate change.”
According to the company, its operational greenhouse gas emission targets are consistent with reductions required to keep warming to 1.5 degrees Celsius (34.7 degrees F), and its target for value chain emissions meets the SBTi’s criteria for value chain goals. The SBTi is a collaboration between the Carbon Disclosure Project, the United Nations Global Compact, World Resources Institute, and the World Wide Fund for Nature. The SBTi defines and promotes best practices in science-based target setting and independently assesses companies’ targets.
Fruit of the Loom Inc. plans to achieve its goals through an increase in energy efficiency by investing in 100% renewable electricity and the use of more sustainable and recycled raw materials. According to the company, it is well on the way to achieving its goals, with 60% of electricity sourced from renewable sources, a 33% increase from 2019 levels.
“Fruitful futures has made our sustainability priorities clear across our global organization,” says Burgess Taylor. “We are excited to pursue the opportunities ahead across our environmental, social, and governance platform to create long-term value to our employees, customers, consumers, and business partners.”