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Ralph Lauren s to Use 100% Renewable Electricity by 2025

Power News - Published on Wed, 04 Dec 2019

Image Source: Ralph Lauren
Ralph Lauren Corp announced a series of pledges related to sustainability, including a commitment to power all of its globally owned and operated offices, distribution centers and stores with 100% renewable electricity by 2025 and join RE100, a group of the world’s most influential businesses committed to the use of renewable power. Building on the commitments outlined in the Company’s Design the Change strategy, today’s announcement advances its work to integrate citizenship and sustainability across its global business.

Ralph Lauren Corp. has made the following commitments

Signed the UN Fashion Industry Charter for Climate Action, which contains several climate-related commitments, including prioritizing 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

Each one of these commitments is inspired by Ralph Lauren’s commitment to timelessness, an idea that is inherent in the Company’s Purpose and has guided its design vision and how it operates its business for more than 50 years.

To achieve its goal to power all owned and operated offices, distribution centers and stores with 100% renewable electricity by 2025, the Company will pursue a combination of virtual power purchase agreements in North America as well as assess a select number of US sites for onsite solar power installations. For the remaining electricity use, the Company will purchase Green Power Products, including Renewable Energy Certificates, Guarantees of Origin and International Renewable Energy Credits

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Posted By : Arun Huidrom on Wed, 04 Dec 2019
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