The Aldo Group has been certified climate neutral by South Pole - a leading provider of global sustainability solutions and services with a transparent and rigorous certification process – for the third consecutive year. The recognition comes for its continuous efforts to reduce net emissions and compensating the unavoidable ones through other measures.
In 2020, the Aldo Group carries forward its sustainability journey by continuing to reduce its net emissions and compensating the unavoidable ones through a combination of nature-based forest conservation and clean energy projects.The Aldo Group has been certified climate neutral by South Pole - a leading provider of global sustainability solutions and services with a transparent and rigorous certification process – for the third consecutive year. The recognition comes for its continuous efforts to reduce net emissions and compensating the unavoidable ones through other measures.#
''We're thrilled to see the Aldo Group choosing to become a carbon neutral company. The Aldo Group is truly a leader in the industry and their proactive approach to support projects that reduce emissions will undoubtedly inspire others to follow suit, turning climate ambition into climate action," said Renat Heuberger, CEO and co-founder of South Pole.
By purchasing carbon credits from high-impact emission reduction initiatives, the Aldo Group is supporting clean energy projects in India and China (solar power, wind energy and waste-to-energy), as well as a nature-based forest conservation project in the Amazon basin. The latter simultaneously addresses climate change, supports local communities and smallholders, and conserves biodiversity. All carbon credits are sourced from certified projects, ensuring the investment will make the greatest impact.
"The Aldo Group is dedicated to maintaining its commitment to building a low-carbon future. We're proud of what we've accomplished since our first climate neutral certification in 2018 - it's taken us many years of analysis, research and action to get to where we are today - but we know there's still much work to be done," said David Bensadoun, CEO of the Aldo Group. "Our sustainability efforts towards fighting the climate crisis are deeply rooted in our company's purpose: to create a world of love, confidence and belonging. And so, as a global organisation, we have a responsibility to do and be better - for our planet, our communities, and our customers. In fact, we want to enable them to choose good because we understand their expectations and what's close to their heart. We have embedded sustainability in our values and ways of working and thinking of fashion. We also hope to rally industry players to continue to do so or start and join the movement."
Since embarking on its sustainability journey in 2013, the Aldo Group's main goal has been to reduce its carbon emissions and minimise the need to offset unavoidable ones. That same year, the company started calculating its carbon footprint to set itself a baseline and goals for long term improvements. These goals were approved by the Science-based Target Initiative as part of a collaborative effort between CDP, the UN Global Compact, WRI and WWF. Since then, the Aldo Group has steadily reduced its emissions, notably by improving the energy efficiency of its stores and corporate offices, reducing emissions from product transportation and shipments, introducing sustainable materials with a lower footprint, phasing-out single use shopping bags and working with suppliers and industry partners to decarbonise the supply chain.
In an effort to reinforce its long-term commitment and advance its sustainability plan, the Aldo Group became a signatory member of The United Nations Fashion Industry Charter for Climate Action in 2019. By doing so, the company joined forces with some of the world's leading fashion brands, retailers and supplier organisations, all acting against climate change. This platform enables the Aldo Group to take part in a working group on decarbonisation and GHG emissions reductions with other signatories of the UN Fashion Industry Charter. Earlier this year, the Aldo Group also became signatory of The Fashion Pact - a coalition of retailers and fashion brands working on collective action to protect the world's climate, and to safeguard biodiversity and oceans. Other current partners of the Aldo Group include the Sustainable Apparel Coalition and The Leather Working Group since 2016, and The Science-based Target Initiative since 2019.
Having achieved significant reductions for its operations' emissions over the past seven years, the company sees a necessary shift in its sustainability projects. It is now scaling up its carbon reduction objectives to address its most material issues - from waste management to its positive impact on local communities, from teaming up with partners to improve their social and environmental footprint to promoting diversity and inclusion. After recently launching its first sustainable fashion footwear and accessories collections under brands Aldo and Call It Spring, the Aldo Group aims to continue introducing more innovative low impact materials for its brands. The company's long-term plan will also imply perpetuating collaborations with trusted partners to remain accountable of its progress and commit to its set goals.
Fibre2Fashion News Desk (SV)
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