ASOS has announced a new set of ESG goals for 2030, which includes a commitment to achieve Net Zero across the full value chain by 2030. The company says that it will be carbon neutral in its direct operations by 2025.
Nick Beighton, CEO at ASOS, said: “We are pleased to announce our FWI 2030 programme and stretching ambitions. Achieving these will make us a Net Zero business that embraces more circular systems and uses more sustainable and recycled materials in our products and packaging.”
ASOS has already reduced operational carbon emissions per order by 45% from FY16 to FY20. Measured against 2018/19 baseline ASOS plans to reduce Scope 1 and 2 emissions/order by 87% by 2030, reduce own brand product emissions/£profit by 58% and reduce transportation emissions/£profit by 58% to by 2030.
The company is also promising a shift towards more circular systems, ensuring 100% of ASOS own-brand products and packaging are made from more sustainable or recycled materials by 2030, as well as introducing programmes for recycling and reuse in key markets.
Transparency will also be key, with ASOS pledging that all ASOS own-brand /products will have supply chains mapped to raw material level by 2030, extending its existing supply chain mapping.