Burberry becomes the first luxury brand to pledge to become Climate Positive by 2040.
Burberry also announces its support for the Fashion Avengers, a coalition of global fashion organizations that have come together to inspire action towards achieving the UN’s Sustainable Development Goals (SDGs). Burberry is a British luxury fashion house headquartered in London, England. It currently designs and distributes ready-to-wear, including trench coats, leather goods, footwear, fashion accessories, eyewear, fragrances, and cosmetics.
With such a positive ambition, the brand is setting a new industry standard that goes further than the company’s current 2040 net-zero target. To achieve this, Burberry will take action within its value chain, guided by climate science, which includes:
• Accelerating its ambition to reduce emissions across its extended supply chain[1], aiming to reduce them by 46% (from a previous target of 30%) by 2030. This means Burberry’s Science-Based Targets will be aligned to the 1.
5°C pathway set out in the Paris Agreement[2]
• Becoming Net-Zero by 2040, 10 years ahead of the 1.5°C pathway set out in the Paris Agreement
• Accelerating low-carbon future solutions and investing in nature-based projects with carbon benefits that restore and protect natural ecosystems and enhance the livelihoods of global communities through the Burberry Regeneration Fund
Burberry will also invest in initiatives beyond its value chain that support the world’s efforts to create a resilient, zero-carbon future.
This includes:
1. Investing in programs that protect and restore natural ecosystems that remove carbon from the atmosphere
2. Funding climate resilience projects that empower vulnerable, frontline communities to adapt to changing realities and protect livelihoods
3. Actively advocating for what it will take to transform the fashion industry, in partnership with NGOs, peers, and policymakers
