Footwear retailer Aldo has become first in the sector to become climate neutral, meaning 100 per cent of its carbon footprint is now offset.
According to South Pole, a leading sustainable development provider which has been working with Aldo for five years, the retailer’s carbon emissions from its entire store estate, business travel and product transport emissions are now entirely accounted for via investment in sustainable projects.
Aldo’s stores and offices across more than 100 countries have received major upgrades to their energy efficiency, while it has engaged in initiatives to reduce emissions on transport.
In order to offset unavoidable emissions, the group has invested in sustainable energy projects like hydroelectricity through renewable energy certificates and carbon credits.
“The Aldo Group is driven by one purpose: we are on a journey to create a world of love, confidence and belonging,” chief executive David Bensadoun said.
“This is what motivates us to make positive change in the world that goes beyond our brands, products and the services we sell.
“We recognize the impact our industry has on global climate change and are motivated to attack this problem head-on.
“We still have work to do, but we strongly believe that a low-carbon future is possible and are committed to doing our part by going climate neutral today. Our goal is to make it easy for our customers to stay fashionable and to choose good.”
South Pole’s chief executive Renat Heuberger added: “We applaud the Aldo Group for its steadfast commitment to reducing the environmental impact of its business and working to create a sustainable society.
“We are proud to have worked with the Aldo Group in its journey to climate neutrality, and we hope that their actions will inspire other retailers to join the movement by also setting ambitious targets and committing to bold climate action.”