Last Updated: 2025.02.24
Fast Retailing Recognized as CDP "A List" Company on Climate Change for Third Consecutive Year - Highest rating in the international index
FAST RETAILING CO., LTD.
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Fast Retailing Co., Ltd. has been recognized as an "A List" company by CDP, an international non-profit that provides a platform for environmental disclosure, in recognition of its performance in the field of climate change and highly transparent disclosure. This is the third consecutive year that Fast Retailing has received an A List rating.
CDP's environmental disclosures and evaluation process are widely recognized as the gold standard for corporate environmental reporting. More than 24,800 companies worldwide responded to the 2024 CDP questionnaire.
Commenting on the recognition, Yukihiro Nitta, Fast Retailing Group Executive Officer responsible for sustainability, said: "Fast Retailing aims to achieve both global business growth and sustainability by accelerating the shift to a waste-free business model in which we make, transport, and sell only the products that our customers need. We consider our response to climate change to be a priority in this effort, and are working with stakeholders to find solutions across our value chain. Along with strengthening measures to achieve our targets for the fiscal year ending August 2030, we also make every effort to continuously disclose information. We believe that making the CDP A List once again is recognition of our steady pursuit of such initiatives."
Fast Retailing is pursuing its LifeWear philosophy, clothing designed to make everyone's life better, through exceptional quality, design, and value, and which takes into consideration the environment, human rights, and social contribution. In the area of climate change, Fast Retailing aims to achieve net-zero greenhouse gas (GHG) emissions by 2050, and is strengthening its efforts to achieve the following targets.
| Target | Progress | |
|---|---|---|
1 |
Reduce GHG emissions from own operations, such as stores and main offices (Scope 1 and Scope 2), by 90% by FY2030 compared to FY2019) |
In FY2023, GHG emissions were down 69.4% compared to FY2019 levels (45.7% in FY2022) |
2 |
Reduce GHG emissions from raw materials, fabric and garment production for UNIQLO and GU products (Scope 3, Category 1) by 20% by FY2030 (compared to FY2019) |
In FY2023, GHG emissions were down 10.0% compared to FY2019 levels (6.2% in FY2022) |
3 |
Achieve 100% sourcing of renewable electricity at Fast Retailing global stores and main offices by FY2030 |
In FY2023, the ratio of renewable energy was 67.6% (42.4% in FY2022) |
4 |
Increase the proportion of materials with low GHG emissions, such as recycled materials, to all material used, to approximately 50% by FY2030 |
The proportion of materials with low GHG emissions, such as recycled materials, to all materials used, increased to 18.2% for all products in 2024 (8.5% in the previous year). Recycled polyester accounted for 47.4% of all polyester used (30.0% in the previous year). |
Targets 1-3 have been certified by the international organization Science Based Targets initiative (SBTi) as science-based targets (SBTs) for reducing GHG emissions based on the goals of the Paris Agreement.
For more information on Fast Retailing's climate change initiatives, please see the following.
https://www.fastretailing.com/eng/sustainability/environment/climatechange.html
