MONTREAL, Nov. 08, 2021 (GLOBE NEWSWIRE) — Climate issues are more crucial than ever, and the ALDO Group is dedicated to maintaining its commitment to building a low–carbon future. In addition to announcing the renewal of its climate neutral certification for a fourth consecutive year, the company is currently participating in the 11th World Climate Summit in Glasgow, Scotland. A few weeks ago, the Canadian fashion footwear company also joined We Mean Business, an international coalition of more than 600 companies calling upon the leaders of the world's largest economies to reinforce their climate action objectives during the G20 and COP26 discussions.
"Inspired by the COP21 in Paris 6 years ago, we made a decision in 2018 to become the first climate neutral fashion footwear company. This year's COP will be a critical meeting – there is massive worldwide support for bold action on climate change. We hope that our participation will contribute in a small way to a very big global challenge," said David Bensadoun, CEO of the ALDO Group.
World Climate Summit: Rallying the Fashion Industry's Stakeholders
On November 8 at 10 a.m. (GMT), Jonathan Frankel, Senior Vice–President of APS at the ALDO Group, will join the panel Lead by Example – Harnessing Innovation Towards a Carbon Neutral Fashion & Textile Industry to discuss how the fashion industry can work towards reducing its environmental footprint and how collaboration between manufacturers, designers and consumers is key to reach carbon neutrality.
"The long–term sustainability of the global fashion industry requires systemic change that goes beyond the capabilities of any one company. We cannot fight this problem alone. We strongly believe in collaboration, and that is why we wanted to take part in this unifying event," said Jonathan Frankel.
Well aware that the fashion industry has an impact on global warming, the ALDO Group intensified its climate actions in recent years. The organization is also a member of multi–stakeholder associations that promote partnerships for concerted industry–wide actions, such as the Sustainable Apparel Coalition (SAC), the Fashion Pact and the United Nations Fashion Industry Charter for Climate Action (UNFCCC).
The ALDO Group's Journey Towards Reducing Its Carbon Footprint
In 2018, the ALDO Group became the first fashion footwear and accessories company in the world to be certified climate neutral for its corporate stores, offices and distribution centres. The organization then reinforced its environmental commitment by also having eCommerce shipments and product transportation certified climate neutral.
In 2020, the company reduced carbon emissions from its operations by 74% compared to 2013. This year, it carried forward its sustainability journey by continuing to reduce its net emissions and compensating the unavoidable ones through a combination of nature–based forest conservation and clean energy projects. And for the fourth consecutive year, the ALDO Group has received its climate neutral company certification from the South Pole Group – a leading provider of global sustainability solutions and services with a transparent and rigorous certification process.
"It's very exciting to see the ALDO Group continuing to make progress on climate action. The company has demonstrated industry leadership and we congratulate them on their commitments and ever–increasing ambition," said Renat Heuberger, CEO and co–founder of South Pole.
Having achieved significant reductions for its operations' emissions, the ALDO Group has been addressing other important issues: from waste management to its positive impact on local communities, from teaming up with partners to improve their social and environmental footprint to promoting diversity and inclusion. In terms of products, the company aims to continue introducing more innovative low impact materials in its collections and to increase its use of recycled materials, such as polyester. The company is also working to decarbonize it supply chain by working closely with its suppliers.
It is also important to remember that in 2019, the ALDO Group joined the Science Based Targets Initiative (SBTi). Its GHG reduction targets are therefore in line with climate science.
Member of the We Mean Business Coalition
Recognizing the need for collective climate action, the ALDO Group signed the We Mean Business coalition's open letter earlier this month. Ahead of the crucial G20 and COP 26 summits, more than 600 companies from around the world called on the leaders of the world's largest economies to do their utmost to limit global temperature rise to 1.5 C and to reinforce their objectives. The signatories represent sectors ranging from energy and transportation to fashion and construction.
To read the letter and consult the list of companies who signed it, please visit https://www.wemeanbusinesscoalition.org/g20–2021/#letter–block.
For more information about the ALDO Group's commitment to sustainability, please visit https://responsibility.aldogroup.com/.
About the ALDO Group
The ALDO Group is a world–leading creator and operator of desirable footwear and accessory brands. With a presence in over 100 countries around the world, the organization operates under two signature brands, ALDO and Call It Spring, and a multi–brand retail concept, GLOBO. The ALDO Group is also an industry–recognized wholesale distributor and third party sourcing provider of fashion footwear, handbags and accessories. In addition to its head office in Montreal, the ALDO Group has international offices in Europe and in Asia. Guided on a daily basis by its purpose A journey to create a world of love, confidence, and belonging, the ALDO Group is simply unique. For more information, visit www.aldogroup.com.
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