Our first Climate Transition Plan plays a critical role in supporting these aims and charts the steps we are taking to reduce our environmental impact and create a more resilient business for the future.
Across our business model, our plan details how we are building on Burberry’s heritage of innovation and craft by increasing our use of responsibly sourced and certified materials; designing long-lasting iconic products with circularity in mind; improving the energy efficiency of our operations; and working closely with suppliers and partners.
Our long-term ambition is to achieve net zero emissions across our operations and supply chain by 2050.
Our Climate Transition Plan outlines Burberry’s objectives, strategy and governance for:
Our implementation strategy focuses on three key areas: efficient operations, resilient supply chains, and sustainable products and services. It is supported by robust governance and reporting, effective risk and opportunity management, integrated financial planning, and an engagement strategy that includes collaboration with industry partners and engaging colleagues in climate action.
Sustainability is an essential element of Burberry’s strategy. Accordingly, the Board is responsible for ensuring that our approach to sustainability is integrated into and implemented across the business.
To learn more about our Corporate Governance structure including the Sustainability Committee, visit our webpage here.
Our Climate Transition Plan was formulated with reference to the framework developed by the UK Transition Plan Taskforce (TPT). Our GHG data is produced in alignment with the relevant Greenhouse Gas Protocol (GHG Protocol) standards and guidance. Our climate targets have been developed with reference to the Science Based Target initiative’s (SBTi)1 current Corporate Net-Zero Standard (v1.3) and will be submitted for validation by the SBTi as being aligned with the goals of the Paris Agreement. We’ll continue to evolve our approach and report transparently on our progress.
1The Science Based Targets initiative (SBTi) is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes and promotes best practice emissions reduction targets, and the SBTi Corporate Net-Zero Standard is one of the world’s most credible frameworks for corporate net-zero target-setting in line with climate science.
