At Wedge, we have gathered and analyzed the following information on Polo Ralph Lauren to provide you with a comprehensive understanding of its sustainability efforts.
The company's CO2 intensity, which measures greenhouse gas emissions in relation to revenue or employees, has decreased by 14% from 2017 to 2020. This is a clear indication of the brand's commitment to reducing its carbon footprint.
In 2022, the company reported a reduction in its greenhouse gas (GHG) emissions by 2,778 metric tons of CO2 equivalent (MTCO2e) as a direct result of reduction initiatives. This represents a decrease of approximately 4% compared to the previous year. This reduction is a significant step towards their commitment to reducing emissions and combating climate change. However, it's important to note that there's still a long way to go to achieve carbon neutrality.
The company has a public commitment to ethical labor practices and has implemented an action plan to ensure that workers are paid a living wage. However, the company's efforts in this area could be improved, as it currently has a living wage paid rating of 1/5.
For more details, visit the brand's Fashion Checker page.
Renewable Energy Sources: Ralph Lauren is making progress in its use of renewable energy. As of 2020, the company sourced 33% of its energy from renewable sources, a 7% increase from the previous year. This is a positive step towards the company's goal of using 100% renewable energy by 2025.
Transparency: Ralph Lauren's Fashion Transparency Index score is 49.6- much better than last year. The index assesses brands' transparency regarding their social and environmental policies. For more information, visit the Fashion Revolution website.