Suitsupply BV
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:38,047 tCO2e
Scope 1 Emissions:236 tCO2e
Scope 2 Emissions:3,314 tCO2e
Scope 3 Emissions:22,783 tCO2e
Waste Generated:60,000 kg (2017-2023)
ESG Focus Areas
- Product Responsibility
- People
- Planet
- Profit
Environmental Achievements
- 93.7% recycling recovery rate
- 60,000kg kept out of landfills between 2017-2023
- 79.4% of fabrics and components are Oekotex100 certified
Social Achievements
- 42 audits of factories with 0 new corrective action plans
- 100% of complaints received & remediated in 2023
- 70% of workers feel they are paid fairly
Governance Achievements
- Board committed to best practice governance principles and highest ethical standards
- Transparency in supply chain through Green Supply Chain initiative
- GRI Standards: Core option reporting
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality
Environmental Challenges
- Over 80% of Suitsupply's environmental footprint is generated in its supply chain
- Challenges in ensuring fair wages and working conditions across global supply chain
- Difficulty in completely eliminating man-made fibers in products
Mitigation Strategies
- Joined Green Supply Chain initiative for supply chain transparency and monitoring
- Implemented a Code of Labour Practices based on ILO Conventions and UN Declaration on Human Rights
- Prioritizes natural fibers and only uses man-made fibers when unavoidable for durability
Supply Chain Management
Supplier Audits: 42 audits in 2023
Responsible Procurement
- Code of Labour Practices
- Long-term partnerships
- Social criteria screening of new factories
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, Fair Wear Foundation
Certifications: Oeko-Tex, Bluesign