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Global Fashion Group achieves carbon neutrality with The Iconic s help
By Imogen Bailey | 4 June 2021
The Iconic s parent company Global Fashion Group (GFG) has announced carbon neutrality across its operations and outbound deliveries in the markets it operates.
This includes the use of 100% green energy in all nine of its fulfillment centres in Australia and New Zealand (ANZ), Latin America (LATAM), the Commonwealth of Independent States (CIS) and Southeast Asia (SEA).
In line with its sustainability strategy, GFG offset the emissions generated from its operations and outbound deliveries by purchasing carbon credits from certified renewable energy projects located in China, India and Brazil where GFG’s operations and own-brand suppliers are based.
Read more about IEX in demand after good biz update for May on Business Standard. Indian Energy Exchange (IEX) jumped 3.01% to Rs 365.60 after the exchange said it traded 6,540 MU of electricity volume in May 2021 achieving 9% year on year growth amidst continuation of the COVID-19 lockdowns as well the cyclonic disturbances.
Reconciling India’s Climate and Industrial Targets: A Policy Roadmap.
Introduction
India has performed remarkably well in terms of its climate trajectory over the past decade. From 2005 to 2014, the country’s GHG-emission intensity declined by 21 percent.
[1] According to Climate Transparency, India is the only G20 nation on-track to achieve the targets under the Paris Agreement.
[2] One of the key, albeit unfortunate, reasons behind India’s climate success is the underperformance of its manufacturing sector. Since industries constitute approximately one-fourth of the economy’s total GHG emissions,
[3] the sector’s sluggish growth has led to only a moderate increase in industrial power demand and emission-intensity of the gross domestic product (GDP).