The 2022 People & Planet Positive (PPP) report from Global Fashion Group (GFG), the top online fashion and leisure destination in Latin America, Southeast Asia, Australia, and New Zealand, showcases the group’s accomplishments in implementing its sustainability plan.
Three strategic pillars—climate action, circularity & conscious consumption, and fair & ethical sourcing—help GFG operationalize its 2030 sustainability plan.
GFG boosted its Net Merchandise Value (NMV) from items created with mostly sustainable resources or by employing low-impact manufacturing techniques to 14% in 2022 to accelerate climate action. Moreover, the firm kept its commitment to source only green energy (in place since 2020) and delivered 1.2 million packages using low- or no-emissions techniques for the last mile. However, despite company growth of 49% during the same time, GFG’s emissions were 29% lower in absolute terms compared to 2019 due to the group’s efforts to drive carbon reduction, according to a news statement from GFG.
GFG has set high goals for 2030 as part of its commitment to the climate change program. The firm wants to obtain 60% of the group’s NMV from goods predominantly produced from sustainable materials or using low-impact manufacturing processes. In addition, GFG intends for 85% of its own-brand items to be created with eco-friendly materials. To further lessen its impact on the environment, the firm wants to supply 50% of GFG packages with low-emission technologies.
In 2022, GFG achieved a 91 percent diversion rate, with 75 percent of garbage being recycled, exceeding its 2030 objective of 90 percent waste diversion from landfills. This was accomplished by speeding up their commitment to circularity and conscious consumption. By including all directly acquired and own-brand packaging into its sustainable packaging initiative, the business expects 82% of packaging to be created from reduced impact materials by 2022. In addition, 47% of the units sold, mainly in the Australian and New Zealand markets, contained a take-back option.
GFG is dedicated to supporting a circular fashion ecosystem by 2030 and giving clients the tools to reduce their environmental impact. To do this, GFG wants to ensure that 40% of the NMV in their fashion collection comes from circular products, such as repurposed or gently used items. The business also intends to provide take-back options for 50% of the sold goods.
GFG is still dedicated to ensuring fair labor practices and respect for human rights across its supply chain through Fair & Ethical Sourcing. The open supply hub provides access to 100% of the factory lists, and as of this writing, GFG has provided independent grievance channels to 14% of workers in tier 1/2 supplier factories. In addition, we taught 1,880 employees ethical trading practices and piloted a system for determining a livable wage.
GFG wants to ensure that all brands on its platforms abide by their human rights criteria by 2030. Second, all of their own-brand factories will have undergone living wage evaluations. Last but not least, GFG will ensure that all tier 1 employees in supplier factories have access to a free grievance procedure.
“The moral need to alter the fashion industry in GFG’s markets and a dedication to promoting the production and demand for more sustainable clothes have always been driving forces behind GFG’s sustainability goal. In 2022, we unveiled GFG’s 2030 sustainability plan and a set of new goals, and we’re still actively working to change the market ecosystems. “We take our responsibilities as a global fashion e-commerce firm to help build a better and more sustainable future very seriously. We’re pleased with our achievements so far and continue to execute against our strategy and 2030 objectives,” Jaana Quaintance-James, chief sustainability officer, said.
The GFG study, People & Planet Positive, covers the six strategic pillars. The report also details the organizations’ accomplishments and goals for diversity, inclusiveness, belonging, a responsible workplace, and reliable business. GFG is still on schedule to meet the demands of each of these pillars.
