Giorgio Armani announces environmental goals

Armani Group announced its intentions to reduce its Scope 1 and 2 GHG emissions by 50% by 2030 (compared to 2019) in a press release. This refers to direct emissions and indirect, related emissions caused by the energy required to manufacture its products. In addition, the business has committed to reducing its Scope 3 GHG emissions, which are all other types of emissions, especially referring to those caused by downstream services, transport, and distribution, by 42% by 2029, also compared to in 2019. The business has specified that these concrete objectives have been, “validated by the Science Based Targets initiative (SBTi) to reduce global greenhouse gas emissions.” This is a joint initiative by the CDP (formerly the Carbon Disclosure Project), the United Nations Global Compact…