Gap Inc. still seeking SBTi approval of net zero target after having ‘commitment removed’
The group has reduced Scope 1 and 2 emissions by 77% and Scope 3 emissions from purchased goods by 16% from a 2017 base year.
US apparel company Gap Inc. plans to get its net zero target approved by the Science-Based Targets Initiative (SBTi) within the coming year – even after its commitment was removed from the SBTi dashboard.
In its latest sustainability report (published this week), Gap Inc, which owns brands such as Old Navy, Gap, Banana Republic and Athleta, says it began the process to update its science-based targets and establish a new goal of net zero emissions by 2050 in 2023, which it plans to submit in the coming months.