Our new Sustainability & Responsibility Strategy, Made for Change, focuses on leveraging our scale to create and share transformative solutions across our value chain. One way we’re doing this is by taking deliberate actions to reduce our carbon footprint and help address climate change. We aim to decarbonize our business and help restore our planet’s ability to sequester more carbon through natural carbon sinks such as forests, farms and oceans.
Carbon dioxide is emitted at every stage of our operations, from our offices and factories to the fields where cotton and other raw materials are grown. To eliminate greenhouse gas (GHG) emissions in our owned and operated facilities, we are moving to source 100 percent of our electricity from renewable sources. Throughout our extended supply chain, we are working with suppliers to pursue various carbon reduction strategies and energy efficiency projects, and we are working with our materials suppliers to increase the use of more recycled materials.
Emissions from agricultural production (e.g., growing fiber crops, raising cattle) contribute significantly to the overall carbon impact of our business. According to the Food and Agriculture Organization (FAO), agriculture is responsible for 18 percent of the total release of GHGs worldwide. Because these activities fall outside the scope of our direct control, we are using collaborative partnerships to inform, develop and promote more sustainable practices and alternative methods to reduce emissions.
Our carbon reduction aspirations aim to continue our meaningful progress. By 2015, we had reduced our carbon footprint in owned and operated facilities by 12.5 percent compared to a 2009 baseline. And, we have committed to source 100 percent of the electricity used in our owned and operated facilities from renewable sources by 2025.
We have started the process of setting science-based emissions targets to contribute to the global Paris Climate Agreement to limit the global temperature rise to less than 1.5 degrees Celsius by the end of the century. By combining the discipline and capabilities of our business mindset with the science-based targets that sustainability demands, we will show that big business can be successful financially and address some of society’s biggest challenges. Take a look at our Made for Change Strategy for more.
From 2009 - 2015, we reduced our carbon footprint 12% while adding 600 new sites to our portfolio.