Ralph Lauren Corp has pledged to power all of its globally owned and operated offices, distribution centres and stores with 100% renewable energy by 2025.
The company will expand its portfolio of renewables by signing virtual power purchase agreements in North America, install onsite solar energy assets in the US as well as purchase Green Power Products, including Renewable Energy Certificates, Guarantees of Origin and International Renewable Energy Credits.
Ralph Lauren Corp. has also:
- Joined RE100, a group of the world’s most influential businesses committed to the use of renewable power.
- Signed the UN Fashion Industry Charter for Climate Action, which contains several climate-related commitments, including prioritising the use of raw materials with low-climate impact and pursuing energy efficiency measures and renewable energy across the supply chain.
- Affirmed its commitment to the Paris Agreement by joining the “We Are Still In” coalition and signing a joint letter, alongside a number of leading companies and CEOs, urging the United States government to remain a signatory to the Paris Agreement.
- Pledged to set a science-based greenhouse gas reduction target next year
The commitments made by Ralph Lauren are part of the company’s Design the Change sustainability strategy.
Patrice Louvet, CEO of Ralph Lauren Corp, said: “A world that is beautiful and cared for is the ultimate luxury, and we have a role to play in protecting it by addressing our impacts and creating a more sustainable future.
“Today, we strengthen our commitment to address climate change, one of the biggest challenges facing our world, by joining the movement of companies driving the adoption of renewable energy and affirming our support for the Paris Agreement.”