Latest news with #Science-BasedTargetsInitiative
Fibre2Fashion
03-07-2025
- Business
- Fibre2Fashion
US AAFA writes to Massachusetts committee opposing The Fashion Act
The American Apparel & Footwear Association (AAFA) recently wrote to the Massachusetts joint committee on environment and natural resources sharing its concerns over The Fashion Act (H1032), aimed at environmental accountability in the fashion industry. While the legislation is well intended, it creates a costly and burdensome regulatory mechanism that cannot effectuate the results it seeks, AAFA noted. US trade body AAFA wrote to the Massachusetts joint committee on environment and natural resources sharing its concerns over The Fashion Act, aimed at environmental accountability in the fashion sector. The act creates a costly and burdensome regulatory mechanism that cannot effectuate the results it seeks, AAFA noted. It does not allow for full alignment with the Science-Based Targets Initiative. The act establishes requirements that do not align with standards and initiatives referenced in the act, as well as legislative and regulatory requirements to which the fashion industry is already subject, AAFA president and chief executive officer Steve Lamar wrote in the letter. This lack of harmonisation creates an unnecessarily complicated compliance framework for companies without providing a material sustainability benefit. In some instances, such conflicts can undermine the goals of the initiatives to which the legislation points, he noted. Harmonisation with European Union (EU) regulations will be critical and it will also be important to learn from what was unworkable for the EU, the letter said. The European Union's Corporate Sustainability Reporting Directive (which applies to many US companies, both in and outside the fashion sector) and the California Climate Corporate Data Accountability Act (SB 253) both currently require covered companies to report on their greenhouse gas emissions. The Fashion Act does not align with the established timelines or assurance levels in either piece of legislation. It does not align with other pending climate legislation in New York, New Jersey, Colorado or Illinois as well, AAFA remarked. While The Fashion Act requires fashion sellers to set targets, it does not actually allow for full alignment with the Science-Based Targets Initiative (SBTi) . The act prohibits some sellers from using intensity-based targets, even though SBTi validates such targets, the AAFA letter said. Holding companies to absolute targets means mergers or acquisitions could put companies out of compliance, while divestment of business would give the appearance of emissions reduction without actual achievement, the letter noted. The act provides overly prescriptive data collection requirements that are not required by SBTi, and are not actually implementable, AAFA observed. Despite the industry adhering to dozens of chemical regulations across the globe, The Fashion Act piles additional, impractical requirements that are not aligned with existing programmes and would actually discourage the addition and detection of new chemicals in wastewater, Lamar wrote. 'Sales of fashion products by third-party sellers on online marketplaces would be exempt from the requirements under the bill as it is written. If the intention of the legislation is to make marketplaces clean up their production, this bill misses the mark. With third-party sales expected to comprise almost two thirds of all e-commerce sales by 2027, this represents a significant omission,' the AAFA letter mentioned. Finally, the legislation provides no incentives, no diplomatic or technical support and no guidance for the industry to achieve its objectives, it added. Fibre2Fashion News Desk (DS)
Yahoo
16-06-2025
- Business
- Yahoo
Shein's transport carbon emissions rise in 2024
Online fast-fashion retailer Shein's 2024 sustainability report indicates a 13.7% rise in carbon emissions from transporting its products. The retailer also disclosed that its 2023 transport emissions were 18% higher than previous estimates following a recalculation. The recalculated 2023 emissions, previously reported at 6.35 million tonnes (mt), reflect an updated methodology. The company is shifting towards producing, packaging and shipping closer to its customers to reduce emissions and improve efficiency. The company states that its strategic approach to reducing emissions is concentrated on the two categories that contribute most significantly to its carbon footprint: purchased goods and services, and upstream transportation and distribution. These sectors are jointly responsible for 96% of its emissions, according to its short-term goals set for 2024. In addressing transportation and distribution emissions, Shein will implement measures in two key areas. The first is minimising transportation distances. It plans to refine the company's global logistics network and enhance route planning to favour land, sea or combined transport methods over air freight. The goal is to localise production, packaging and shipping processes in proximity to the customer base. This strategy is intended not only to reduce emissions but also to cut down on delivery times and shipping expenses. The second area is the enhancement of transport efficiency. It aims to transport its products more efficiently by adopting vehicles with lower emissions, such as electric or hybrid options, and by optimising load and packaging efficiency, maximising the capacity of each shipment and decreasing the total number of shipments. The company's emissions reduction targets, which havea been approved by the Science-Based Targets Initiative (SBTi), aim for a 25% reduction in its Scope 3 emissions [indirect greenhouse gas emissions that occur in a company's value chain, but are not directly controlled by the company] by 2030 from 2023 levels. In addressing supply chain concerns, Shein terminated 12 supplier relationships in 2024 due to policy violations - an increase from five in 2023. The company also conducted 4,288 on-site audits of suppliers and subcontractors in China, up from 3,990 the previous year. "Shein's transport carbon emissions rise in 2024" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Fashion Network
16-06-2025
- Business
- Fashion Network
Fast-fashion retailer Shein's transport emissions jump 13.7% in 2024
Shein 's carbon emissions from transporting products climbed 13.7% in 2024, the online fast-fashion retailer's sustainability report showed on Friday, and its 2023 transport emissions were 18% higher than previously reported after a recalculation. Shein uses mainly air freight to send cheap clothes directly from suppliers in China to shoppers around the world, a more carbon-intensive supply chain model compared with traditional apparel retailers that ship more of their products on container vessels. Shein said it plans to produce, package, and ship closer to its customers as a way to lower emissions and cut delivery times and shipping costs. It increased its use of sea freight and trucking in 2024, according to the report. Emissions from transporting products to and between Shein facilities, and to customers, including returns, were 8.52 million metric tons of CO2 equivalent in 2024, up from 7.49 million metric tons of CO2e in 2023, according to the report. Shein's transport emissions for 2024 are more than three times those of Zara owner Inditex, which reported 2.61 million tons of CO2e for its 2024 financial year. Shein said its 2023 emissions were recalculated after an update to its methodology. Last year it reported a 2023 figure of 6.35 million metric tons. Founded in China and headquartered in Singapore, Shein sources most of its products from 7,000 suppliers in China, but also has a growing network of suppliers in Brazil and Turkey. Steep tariffs imposed by the United States on Chinese goods have made it more urgent for Shein to diversify its supplier base, as the U.S. is its biggest market. The company aims to go public and has shifted its focus to a Hong Kong initial public offering after failing to win Chinese securities' regulatory approval to proceed with a planned London listing. Shein's emissions reduction targets, approved last month by the Science-Based Targets Initiative, are for a 25% reduction in Scope 3 (indirect) emissions by 2030, compared with 2023.
Fashion Network
15-06-2025
- Business
- Fashion Network
Fast-fashion retailer Shein's transport emissions jump 13.7% in 2024
Shein 's carbon emissions from transporting products climbed 13.7% in 2024, the online fast-fashion retailer's sustainability report showed on Friday, and its 2023 transport emissions were 18% higher than previously reported after a recalculation. Shein uses mainly air freight to send cheap clothes directly from suppliers in China to shoppers around the world, a more carbon-intensive supply chain model compared with traditional apparel retailers that ship more of their products on container vessels. Shein said it plans to produce, package, and ship closer to its customers as a way to lower emissions and cut delivery times and shipping costs. It increased its use of sea freight and trucking in 2024, according to the report. Emissions from transporting products to and between Shein facilities, and to customers, including returns, were 8.52 million metric tons of CO2 equivalent in 2024, up from 7.49 million metric tons of CO2e in 2023, according to the report. Shein's transport emissions for 2024 are more than three times those of Zara owner Inditex, which reported 2.61 million tons of CO2e for its 2024 financial year. Shein said its 2023 emissions were recalculated after an update to its methodology. Last year it reported a 2023 figure of 6.35 million metric tons. Founded in China and headquartered in Singapore, Shein sources most of its products from 7,000 suppliers in China, but also has a growing network of suppliers in Brazil and Turkey. Steep tariffs imposed by the United States on Chinese goods have made it more urgent for Shein to diversify its supplier base, as the U.S. is its biggest market. The company aims to go public and has shifted its focus to a Hong Kong initial public offering after failing to win Chinese securities' regulatory approval to proceed with a planned London listing. Shein's emissions reduction targets, approved last month by the Science-Based Targets Initiative, are for a 25% reduction in Scope 3 (indirect) emissions by 2030, compared with 2023. © Thomson Reuters 2025 All rights reserved.
Fashion Network
15-06-2025
- Business
- Fashion Network
Fast-fashion retailer Shein's transport emissions jump 13.7% in 2024
Shein 's carbon emissions from transporting products climbed 13.7% in 2024, the online fast-fashion retailer's sustainability report showed on Friday, and its 2023 transport emissions were 18% higher than previously reported after a recalculation. Shein uses mainly air freight to send cheap clothes directly from suppliers in China to shoppers around the world, a more carbon-intensive supply chain model compared with traditional apparel retailers that ship more of their products on container vessels. Shein said it plans to produce, package, and ship closer to its customers as a way to lower emissions and cut delivery times and shipping costs. It increased its use of sea freight and trucking in 2024, according to the report. Emissions from transporting products to and between Shein facilities, and to customers, including returns, were 8.52 million metric tons of CO2 equivalent in 2024, up from 7.49 million metric tons of CO2e in 2023, according to the report. Shein's transport emissions for 2024 are more than three times those of Zara owner Inditex, which reported 2.61 million tons of CO2e for its 2024 financial year. Shein said its 2023 emissions were recalculated after an update to its methodology. Last year it reported a 2023 figure of 6.35 million metric tons. Founded in China and headquartered in Singapore, Shein sources most of its products from 7,000 suppliers in China, but also has a growing network of suppliers in Brazil and Turkey. Steep tariffs imposed by the United States on Chinese goods have made it more urgent for Shein to diversify its supplier base, as the U.S. is its biggest market. The company aims to go public and has shifted its focus to a Hong Kong initial public offering after failing to win Chinese securities' regulatory approval to proceed with a planned London listing. Shein's emissions reduction targets, approved last month by the Science-Based Targets Initiative, are for a 25% reduction in Scope 3 (indirect) emissions by 2030, compared with 2023.
