Burberry gains SBTi approval for net-zero targets

Global luxury fashion brand Burberry has received approval from the Science Based Targets initiative (SBTi) for its goal of achieving net-zero emissions by 2040. The company’s targets include commitments to reduce Scopes 1 and 2 greenhouse gas emissions by 95% by 2023 (relative to a 2017 base) and Scope 3 emissions by 46.2% by 2030 (relative to a 2019 base). Burberry claims that it is currently carbon-neutral in its operations and sources its energy from renewable sources. Caroline Laurie, vice president of corporate responsibility, said: “Rooting our commitments in science has always been a priority at Burberry, so we can ensure the steps we are taking will have the necessary impact and bring about lasting change. We continue to challenge ourselves to drive measurement, improvement and transparency across our operations and we are committed to continue working with our suppliers and partners to accelerate the adoption of more sustainable practices. We hope this encourages others to do the same.”