Outdoor fashion brand Kathmandu has managed to offset its entire carbon footprint of 8,601 tonnes in FY21, and announces it has reached its carbon neutral position four years ahead of schedule.
Kathmandu has been tracking its carbon emissions for close to a decade, and initially aimed to see its carbon emissions reach net-zero by 2025.
“While this is huge for Kathmandu, we continue to work towards our goal of net zero environmental harm,” said Kathmandu chief executive Reuben Casey.
“Until we have large scale and accessible alternatives to fossil fuels, Kathmandu, like all businesses, will continue to produce emissions. Offsetting, and investing in projects such as solar panels and wind farms, helps fund the transition to a sustainable energy economy by providing an additional source of revenue for these communities, in addition to positive environmental outcomes.
“In 2021, we will set science-based targets aligned with the Paris Climate Agreement.”
The business has achieved offsetting its emissions through investment in carbon credits certified by the Gold Standard Foundation, and projects throughout Australia, China and India.
One such project, the Yarra Yarra Biodiversity Corridor Project in Western Australia, aims to restore a segment of biodiversity that has been hit by decades of degradation and habitat loss due to years of clearing vegetation for farming.
The business has long led the way in terms of sustainable action, with the announcement coming a week after the publication of a new report, The Power and the Passion, which found more than one in three Aussies are extremely concerned about the damage being done to our environment.
Released by the Republic of Everyone, The Bravery and Mobium Group, the report also found that 78 per cent of Australian consumers believe brands should be supporting causes, or making changes to their products, to address social and environmental issues.