Fashion is one of the world's most polluting industries due to its significant greenhouse gas emissions. In this context, the OTB Group has defined a Climate Plan and strategic activities aimed at reducing its impact and contribute to fight climate change
Climate change has become a priority both for governments and companies, which are now working to tackle the related causes and effects.
For this reason, OTB Group has drawn a Climate Plan setting specific targets to reduce greenhouse gas emissions to zero by 2050 and is working on its own decarbonisation strategy.
As we committed to fight climate change, we have responded to the call to action of the Science Based Targets Initiative (SBTi), sending a commitment letter in 2021 to define targets in line with the “1.5°C scenario”. In 2023, our reduction targets have been validated.
Baseline
An increase in annual renewable electric energy sourcing from 0% in 2019 to 80%
A reduction of 51% in absolute Scope 1 and 2 GHG emissions by 2030 compared to the 2019 baseline
A reduction of 55% in Scope 3 GHG emission intensity from purchased goods and services and upstream/downstream transportation and distribution per tonne of purchased raw materials by 2030 compared to the 2019 baseline
Electricity from renewable sources in internal operations, global perimeter
Reduction in direct emissions (Scope 1 and Scope 2 Market-Based) compared to 2019
Reduction in Scope 1, Scope 2 Market-Based and Scope 3 emissions compared to 2023
Reduced environmental impact: emissions down by 31% and 100% renewable energy purchased in Europe and North America Support to the supply chain, responsible materials, and social impact through OTB Foundation: the pillars of the Group's Sustainability Strategy
The Chairman and Founder of OTB Group received the Positive Change Award The Vice President of OTB Foundation was awarded the Positive Social Impact Award
OTB Group announces the appointment of Andrea Rosso as Sustainability Ambassador of OTB
