Global Fashion Group (GFG), the leading online fashion and lifestyle destination in Latin America, Southeast Asia and Australia and New Zealand has published its 2022 People & Planet Positive (PPP) report, which highlights the group’s achievements in delivering its sustainability strategy.
GFG’s 2030 sustainability strategy is operationalised through 3 strategic pillars: Climate Action, Circularity & Conscious Consumption and Fair & Ethical Sourcing.
To advance Climate Action, GFG increased its Net Merchandise Value (NMV) from products made of majority sustainable materials or by using lower impact production methods to 14 per cent in 2022. The group also maintained 100 per cent green energy sourcing (in place since 2020) and delivered 1.2 million parcels by no or low emissions methods for the last mile. Further, as a result of the group’s efforts to drive carbon reduction, GFG’s emissions were 29 per cent lower in absolute terms compared to 2019, despite the business growing 49 per in the same period, GFG said in a press release.
GFG is committed to its climate reduction programme and has established ambitious targets for 2030. The company aims for 60 per cent of the group’s NMV to be sourced from products made using primarily sustainable materials or lower impact production methods. Additionally, GFG plans for 85 per cent of its own-brand products to be made from environmentally preferred materials. To further reduce its environmental footprint, the company intends for 50 per cent of GFG parcels to be delivered using low emission methods.
Accelerating its commitment to Circularity & Conscious Consumption, GFG surpassed its 2030 goal to divert 90 per cent of waste from landfills, achieving a 91 per cent diversion rate in 2022, with 75 per cent of waste recycled. The company expanded its sustainable packaging programme to include all directly purchased and own-brand packaging, resulting in 82 per cent of packaging made from lower impact materials in 2022. Additionally, 47 per cent of units sold had a take-back solution, mainly in the Australia and New Zealand business.
In Fair & Ethical Sourcing,GFG remains committed to ensuring decent working conditions and human rights exist throughout its supply chain. 100 per cent of the factories lists are available via open supply hub and to date GFG has rolled out independent grievance mechanisms to 14 per cent of workers in tier 1/2 supplier factories. In addition we have piloted a living wage assessment framework and trained 1,880 workers in relation to ethical trade.
By 2030, GFG aims to ensure that 100 per cent of the brands on GFG’s platforms will meet their human rights standards. Second, living wage assessments will have been conducted for 100 per cent of their own-brand factories. Lastly, GFG will guarantee that 100 per cent of tier 1 workers in supplier factories have access to an independent grievance mechanism.
GFG’s People & Planet Positive report covers six strategic pillars. In addition to the sustainability strategy the report includes the groups’ achievements and targets across, diversity inclusion & belonging, having a responsible workplace and being a responsible business. GFG continues to be on track in delivering against all of these pillars.
