Source: Business of Fashion
Summary
Uniqlo’s parent company, Fast Retailing, is ahead of schedule in meeting its Scope 3 target, which aims to reduce greenhouse gas emissions throughout its supply chain. The company’s long-term partnerships with suppliers, shifts in materials, and responsible procurement strategy are contributing to its success. Fast Retailing has set a goal to reduce Scope 3 emissions by 50% by 2030.
Our Reading
The trend returns with a new name.
Fast Retailing’s emphasis on long-term supplier partnerships and material shifts echoes the industry’s familiar focus on sustainability. The company’s responsible procurement strategy is reminiscent of past efforts to reduce environmental impact. Uniqlo’s parent company is beating its Scope 3 target ahead of schedule, a feat that feels familiar in the context of industry-wide sustainability efforts. The collection of strategies employed by Fast Retailing enters the cycle of corporate social responsibility. Uniqlo’s sustainability efforts are simply a repackaged version of the same eco-friendly promises made by fashion brands in the early 2000s.
Author: Evan Null
