All Science Based Targets Initiative articles – Page 2
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News briefsKids’ bike brand Woom defines company sustainability goals
Woom bikes, an Austrian specialist for kid’s bikes, has set and published its new sustainability goals. By 2030, Woom aims to reduce emissions of climate-damaging substances (including all direct emissions and energy consumption at company sites) by 42 percent. This reduction target has been recognized by the Science Based Targets ...
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ArticleMips reports outstanding start into 2022
In the first quarter of fiscal 2022, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB reported preliminary net sales of SEK 137 million (€13.22 million), an increase of 65.1 percent year-on-year. Organic growth amounted to 48 percent during the quarter. It is mainly based on the success ...
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News briefsBergfreunde reports 31 percent growth in 2021, turnover exceeds €200 million
German e-commerce specialist Bergfreunde has released its 2021 report, stating a record turnover of €203 million. Given the unbroken growth trend in 2022, Bergfreunde is investing in new employees and further expanding its customer support (which currently counts 60 people) and IT development team. In 2021 alone, the store IT ...
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ArticleOutdoor Retailer Climate Commitment grows by five new big members to 10 percent of outdoor retail market
Five more European outdoor retailers have joined the Outdoor Retailer Climate Commitment (ORCC), an open network of European outdoor retailers for more climate protection in the outdoor industry. With retail heavyweights Sporthaus Schuster, Sport Conrad, Engelhorn, Ellis Brigham Mountain Sports and Sport Pursuit, the network now unites around 10 percent ...
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ArticleVaude reaches climate neutrality with all its products globally
Managing director Antje von Dewitz had already announced it last fall: her outdoor company Vaude, which has been actively promoting climate protection for years, achieved the goal set in 2019 of becoming climate neutral with all products manufactured worldwide on Jan. 1, 2022. The company’s headquarters in Tettnang, Germany, (with ...
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News briefsReima commits to Science Based Targets initiative
Reima is the first Finnish apparel company to join the global Science Based Targets (SBTi) initiative. In accordance with the initiative, Reima will set emissions reduction targets that support the Paris Agreement’s goal of limiting global warming to 1.5 degrees. The targets apply to Reima’s own operations as well as ...
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ArticleSBTi launches new Net-Zero corporate standard
The Science Based Targets initiative (SBTi) has launched a new standard for companies to certify their net-zero targets. SBTi sees a lack in robust certification, while companies are currently self-defining net-zero targets without a credible and independent assessment of their ambition and integrity. The new SBTi Net-Zero ...
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ArticleSBTi approves eBay’s ambitious climate action goal
eBay Inc. continues its commitment to climate action by setting an ambitious greenhouse gas (GHG) target approved by the Science Based Targets initiative (SBTi). eBay commits to reduce its own (scope 1 and scope 2) emissions by 90 percent by 2030 from a 2019 base year, in line with limiting ...
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ArticleVaude plans to be globally climate neutral next year
Source: Vaude Antje von Dewitz at the global climate demo in Friedrichshafen, Germany, on Sept. 24, 2021 Following the alarming conclusion of scientists in the recently published report of the Intergovernmental Panel on Climate Change, which states that without immediate drastic action, the 1.5-degree target can no ...
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News briefs
Teijin raises corporate CO2 reduction targets
As awareness of climate change issues rises in its home country of Japan, Tokyo-based Teijin Limited has announced stricter targets for reducing CO2 emissions from its own operations and the company’s entire supply chain starting in July 2021. The target for fiscal 2030 has been raised to 30 percent, up ...
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ArticleBergfreunde and the reduction of e-commerce’s carbon footprint:
“We are pioneers”Germany-based Bergfreunde GmbH (bergfreunde.de), part of the U.S.-based Backcountry Group (backcountry.com), is an online-only retailer selling outdoor clothing and equipment in a total of 14 European markets. In 2020, it generated sales of €155 million. In April, Bergfreunde joined the Science Based Targets Initiative (SBTi), making a public commitment to ...
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News briefsElevate Textiles sets green goals for 2025
U.S.-based fabric and components company Elevate Textiles (owner of yarn supplier Gütermann and fabric company Burlington, among others) has just released its 2021 Sustainability Report, focusing primarily on water management, energy management, waste reduction, and sustainable product development, in line with the relevant UN Sustainable Development Goals (SDGs) and divided ...
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News briefsThule’s momentum continues through Q1
Everything is going well for Swedish Thule Group. In an interim report, it published sales for the first quarter that soared by 45.5 percent from the year-ago quarter to 2,538 million Swedish kronor (€250.7m-$301.6m) or by 56.0 percent in constant currencies. Net income jumped to SEK 447 million (€44.2m-$53.1m), from ...
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News briefsBergfreunde joins Science Based Targets Initiative for climate action
German online outdoor retailer Bergfreunde GmbH (bergfreunde.de) has joined the Science Based Targets Initiative (SBTi) to set and track targets for a science-based reduction of its CO2 footprint. Bergfreunde is one of the first German online stores to use the SBTi to work alongside global players such as Arc’teryx, Under ...
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News briefs
Thule Group joins Science Based Target Initiative
With the ambition to further reduce its greenhouse gas emissions, the Thule Group has joined the Science Based Targets Initiative. With this step, Thule is setting even clearer goals for its ongoing long-term efforts to reduce its own greenhouse gas emissions and those of its suppliers. Joining the initiative will ...
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News briefs
Approaching “net zero” with science based targets
The German company ClimatePartner reported that the Science Based Targets Initiative (SBTi) - a collaboration between CDP, UN Global Compact, WRI and WWF - published five possible scenarios with which companies can bring their CO2 emissions towards “net zero.” The most ambitious approach is called “climate positive” and includes the ...
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News briefs
YKK signs Fashion Industry Charter for Climate Action
The YKK Corporation has signed the Fashion Industry Charter for Climate Action. The Fashion for Global Climate Action initiated calls on the fashion industry to recognize the industry’s contribution to climate change and its responsibility to achieve climate neutrality. YKK joins the more than 100 existing signatories of the charter, ...
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