Tag Archives: scope 3

Scope 3 – indirect – emissions can be a huge hurdle for retailers to meet their net-zero carbon ambitions. But those taking up the challenge are realising the benefits to their businesses.

Discover the 2022 edition of Drapers sustainability report, which covers ESG policy and sustainable legislation; strategies to tackle waste, over-production and Scope 1, 2 and 3 emissions; and features interviews with CEOs and business leaders from innovative brands leading the way in the sustainability space.

Major global brands Lululemon and H&M group are among the backers of a $250m (£200m) Fashion Climate Fund, by non-profit organisation Apparel Impact Institute (Aii), which aims to halve the fashion industry's carbon emissions by 2030.

Marks & Spencer introduces first sustainability innovation challenge for start-ups, with the retailer looking to work with tech-focused partners to help it achieve its net zero by 2040 goal.

Less than 20% of large retailers are on track to cut their scope 3 carbon emissions by enough to meet targets for limiting the rise in global temperature to 1.5 degrees, set by the Paris Agreement in 2015, new research by management consultancy Boston Consulting Group (BCG) has found.