New Look updates sustainability strategy

By

Nigel TAYLOR

Published
Jan 31, 2022

New Look has published a Sustainability Strategy Update that includes a commitment to become climate positive by 2040, as well as reducing greenhouse gas (GHG) emissions from products by 50% by 2030.

A key pillar of the value fashion retailer’s ‘Kind to Our Core’ initiative, the update is part of its three-year business strategy “reflecting the values and actions that the retailer wants to embed across its business, in its efforts to deliver against ambitious ESG targets”.

Within the new update, New Look said it has committed to a “wide-reaching range of measures” centred around four core pillars: Responsible Business, Responsible & Circular Product, Inclusive Culture and Positive Local Impact.

CEO Nigel Oddy, said: “Environmental and social responsibility has been a part of our business for over 20 years. Now, as a leading womenswear retailer with a global footprint, acting sustainably has never been more important to us. We are proud of our achievements to date, but our strategy refresh commits to going further and outlines our ambitions for the future.”

New Look also said the strategy offers updates on progress made so far against previous commitments and outlines a comprehensive set of new targets to offer transparency to all stakeholders.