At the top of the company’s list is a 90-percent reduction in greenhouse gas emissions in all owned-and-operated facilities, which LS&Co. says will be achieved by investing in onsite renewable energy and energy efficiency upgrades.
In addition, LS&Co. is targeting a 40-percent reduction in GHG emissions in their supply chain. This will mainly be achieved by working with key suppliers to expand the International Finance Corporation’s Partnership for Cleaner Textiles globally, according to LS&Co. The public-private partnership provides suppliers with technical expertise and access to low-cost financing to support sustainable energy and water investments.
Within the next seven years, the company wants to be using 100-percent renewable electricity in company-owned facilities, which includes offices, retail stores, distribution centers, and two manufacturing plants. LS&Co.’s 2025 Climate Action Strategy says that they plan to invest in onsite renewable energy and purchase renewable energy credits.
In 2017, the company reported achieving a 25-percent reduction in emissions from their 2012 base year, exceeding their 2020 target ahead of schedule. They also used 20-percent renewable energy last year.
“We achieved this accelerated carbon impact reduction despite retail store growth in the U.S. by investing in LED lighting at retail as well as in our distribution centers and manufacturing facilities,” the company said. “We prioritized energy efficiency, conducting a number of audits and achieving LEED Platinum certification at one of our distribution centers.”
Enjoy curated articles directly to your inbox.