SHEIN's Commitment to Sustainability and Net-Zero Emissions
SHEIN's Journey Towards Sustainable Fashion
In a significant move for the fashion industry, SHEIN, a leading online global retailer, has made a groundbreaking announcement about its commitment to sustainability. This initiative involves ambitious net-zero targets validated by the Science Based Targets initiative (SBTi). These targets signify an essential step in SHEIN's mission to combat climate change, with a clear aim of achieving net-zero greenhouse gas emissions by 2050.
Defining the Net-Zero Target
SHEIN's overall strategy focuses on achieving net-zero greenhouse gas emissions throughout its entire value chain by 2050. This overarching goal not only meets global climate objectives but also aligns with the Paris Agreement, which seeks to limit temperature rise to 1.5°C. This validation by SBTi emphasizes the company’s dedication to adhering to robust climatic science.
Our Near-Term Goals
As part of this forward-thinking strategy, SHEIN has established near-term targets aimed at significant reductions before 2030. Specifically, the company plans to:
- Reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030.
- Cut down absolute Scope 3 emissions by 25% by the same year.
- Source 100% renewable electricity for its operations by 2030.
Long-Term Emissions Reductions
Looking ahead towards 2050, SHEIN intends to pursue extensive long-term emissions reductions. Key targets include:
- A 90% decrease in absolute Scope 1 and 2 emissions.
- Aiming for a 90% reduction in absolute Scope 3 emissions.
Sustainability in Action
Mustan Lalani, Global Head of Sustainability at SHEIN, emphasizes the importance of these initiatives: "SBTi's validation signifies an important step in SHEIN's decarbonisation journey. We aim to address all emissions areas, particularly the complex Scope 3 emissions, as we adapt our strategies based on evolving technologies and best practices."
Create Impact Through Decarbonisation
To guide its emissions reduction efforts, SHEIN has developed a comprehensive decarbonisation roadmap with assistance from the Anthesis Group. This roadmap details the priority actions that can significantly cut emissions while aligning with SHEIN's growth plans and business strategies.
Reducing Direct Operational Emissions
The company is actively tackling its operational emissions and energy consumption through a series of targeted initiatives:
- Transition to Renewable Energy: SHEIN aims to power its operations entirely with renewable energy by 2030 by optimizing solar energy utilization in its facilities.
- Improve Energy Efficiency: Focused on enhancing monitoring systems to upgrade facilities, thereby improving energy efficiency.
- Phase Out Fossil Fuels: Transitioning operations to electric vehicles and reducing other fossil fuel dependencies.
Tackling Emissions Across the Value Chain
A substantial portion of SHEIN's emissions falls under Scope 3, particularly from purchased goods and upstream transportation. With significant efforts directed here, SHEIN is working to:
- Minimize Virgin Materials Use: By increasing the use of recycled materials and partnering with institutions to scale recycled polyester production.
- Encourage Sustainable Manufacturing: Support suppliers in adopting renewable energy and improving their carbon footprint.
Enhancing Transport Efficiency
Another vital area of focus is the logistics and transportation of products. SHEIN is advancing its approach through:
- Reducing Transportation Distances: By optimizing logistics networks and encouraging multichannel approaches.
- Improving Transport Efficiency: Ensuring that transport methods have smaller carbon footprints through better planning and adaptive strategies.
Commitment Beyond Carbon Reduction
SHEIN is also dedicated to responsible waste management, implementing standards for recycling and extending the life cycle of products. Through innovative initiatives, such as SHEIN Exchange, customers can actively participate in reducing waste while promoting sustainable practices.
Frequently Asked Questions
What is SHEIN's overall net-zero target?
SHEIN aims for net-zero greenhouse gas emissions across its entire value chain by 2050.
What near-term goals has SHEIN set?
The company intends to reduce Scope 1 and 2 emissions by 42% and Scope 3 emissions by 25% by 2030.
How is SHEIN addressing its direct emissions?
By transitioning to renewable energy, improving energy efficiency, and phasing out fossil fuels.
What are the long-term emissions reduction targets?
SHEIN plans to cut Scope 1, 2, and 3 emissions by 90% by 2050.
How does SHEIN plan to involve customers in its sustainability efforts?
Through initiatives such as SHEIN Exchange, encouraging customers to extend product lifespan and reduce waste.
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