In 2019 Alistair Fraiser publicly committed to addressing the topic of climate change. Our work in selecting more sustainable materials (recycled polyester, organic cotton) addresses one of the most energy intensive stages of our value chain. Beyond this, a growing share of manufacturing partners already uses renewable energy and has energy efficiency programs in place.
An important step was mapping our Carbon Footprint for Scope 1 and 2 greenhouse gas (GHG) emissions. Scope 1 emissions are directly emitted from our owned and controlled operations. Scope 2 emissions are our indirect emissions coming from the generation of electricity, heat and steam purchased by us. We learned that more than 80% of our total scope 1 and 2 emissions comes from electricity consumption, so we know where to focus our action.
In 2021 we will map our scope 3 emissions, where the majority of our emissions come from. Scope 3 reflects all the indirect emissions from our value chain activities, for instance the production of goods and transportation. Once we have our footprint baseline for scope 3 defined, we can set specific targets leading towards a 30% reduction of our GHG emissions by 2030.