Levi’s publishes first climate transition plan
Denim brand Levi Strauss & Co has published its first climate transition plan, which sets out a path to reaching its greenhouse gas (GHG) emissions reduction target by 2030 and its goal of being a net zero company by 2050.
The plan emphasises three areas: reducing its own (scope 1 and scope 2) emissions; working with the supply chain to reduce manufacturers’ emissions; and ensuring good governance and planning.
Near-term goals include: a 90% absolute scope 1 & 2 reduction in GHG emissions by 2025 from a 2016 base year; a 42% absolute scope 3 GHG emissions reduction from purchased goods and services for apparel production emissions related to tops and bottoms by 2030 from a 2022 base year; 100% renewable electricity in all company-operated facilities by 2025; and a 50% reduction in freshwater use in manufacturing in areas of high-water stress by 2025, against a 2018 base year.
Jeffrey Hogue, LS&Co’s chief sustainability officer, said: “Our climate transition plan embodies our commitment to doing our part, reaching our targets, and working with partners across our value chain to enable collective action to address climate change. These steps will not only move us toward our Net Zero climate ambition by 2050, but also strengthen our own business’s resilience to the effects of climate change."
Eliot Metzger, director of sustainable business and innovation at World Resources Institute, said: “In a time where companies may be tempted to stay quiet on sustainability efforts, it’s important to push for this level of transparency. A climate transition plan allows all stakeholders to understand how the company will work together with its value chain."
Levi’s products are sold in more than 110 countries through 3,200 brand stores and shop-in-shops. Levi Strauss & Co.'s reported 2023 net revenues were $6.2 billion.
