Inside Levi’s Ambitious Plan To Cut Its Carbon Footprint
Two years ago, a factory in Bangladesh that sews jeans for Levi Strauss & Co. partnered with the company in a new experiment: Working with experts from the International Finance Corporation (IFC), the World Bank’s lending arm, it looked for ways to save energy, from swapping lightbulbs to installing new washing machines. In a year, the factory and five others that took part in the pilot in India, Sri Lanka, and Vietnam cut carbon emissions by an average of around 20% and collectively saved $1 million. It’s work that Levi’s now plans to scale up as it aims for a new goal–cutting its emissions as a company in line with the Paris climate agreement, as the latest corporation to set targets under the Science Based Targets Initiative, a nonprofit-led project that helps companies set climate goals. By 2025, the company plans to use 100% renewable energy in all of its own facilities, cut emissions in those buildings by 90% compared to Levi’s footprint in 2016 and–in a move no company has tried before–it also plans to cut the emissions in its supply chain by 40%. Read more at Fast Company.