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UK's Next Plc reduces carbon emissions by 47% towards 2030 target

08 May '23

2 min read

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British retailer Next has achieved a 47 per cent reduction in Scope 1 and Scope 2 carbon emissions in financial year 2023 against its target of 55 per cent reduction by 2030, with targets approved by the SBTi.
The company achieved a 29 per cent reduction in intensity Scope 3 emissions.
Moreover, Next also diverted 95 per cent of its waste from landfill.

Next Plc, a leading British fashion retailer, has achieved a 47 per cent reduction in its Scope 1 and Scope 2 carbon emissions in the financial year 2023, ended January 28, 2023, against its target of reducing 55 per cent emissions by 2030, from a baseline year of 2016-17. The targets have been approved by the Science-Based Emission Target Initiative (SBTi) and are consistent with the reductions required to keep global warming to 1.5 degrees Celsius in line with the Paris Agreement.

In addition, Next achieved a 29 per cent reduction against their intensity Scope 3 carbon reduction target of 40 per cent reduction by 2030. The company has also achieved their target of diverting 95 per cent of waste from landfill. Furthermore, Next is a signatory of the RE100 and EV100, which demonstrates its commitment to using 100 per cent renewable electricity and switching to electric vehicles, the company said in a press release.

Next's priorities for operational activities include working with suppliers to reduce the environmental impact of the products they sell, improving energy efficiency, increasing waste recycling, and identifying opportunities to further improve the sustainability of their packaging while reducing its use. The company is also working to increase the efficiency of its owned delivery fleet, including the introduction of alternative fuels, and to offer services for customers that make use of their products when they no longer need them.

Fibre2Fashion News Desk (DP)

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