Under Armour Sets Emissions Reduction, Renewable Energy Goals
Sporting goods footwear, sports and apparel company Under Armour announced a series of new sustainability goals, including science-based emissions reduction, net zero and renewable energy sourcing targets.
The company has also joined sustainability organizations RE100, an initiative led by the Climate Group in partnership with CDP, to bring together the world’s most influential companies committed to 100% renewable electricity, and Business Ambition for 1.5°C, a call to action from a global coalition of UN agencies, business and industry leaders urging companies to commit to set ambitious science-based emissions reduction targets, aligned with limiting global warming to 1.5°C.
As a pledge to Business Ambition for 1.5°C, Under Armour has committed to achieve net zero greenhouse gas (GHG) emissions by 2050. The company also set interim emissions targets, aiming to reduce absolute scope 1, 2 and 3 greenhouse gas emissions by 30% by 2030 from a 2018 base year. On the renewables front, the company has pledged to increase annual sourcing of renewable electricity in owned and operated facilities to 100% by 2030, with an interim goal of 80% by 2025.
The company stated that its 2030 emissions goals have been approved by the Science Based Targets initiative (SBTi), a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice. The Scope 1 and 2 targets are in line with levels required to keep warming to 1.5°C, SBTi’s most stringent category.
Under Armour VP and Chief Sustainability Officer, Michael Levine, said:
“We want Focused Performers, our teammates and our communities to thrive with clean air, water, and home fields. Our commitment to specific climate targets and milestones allows us to align our business planning with the future we want to see – the best performance imaginable on the cleanest planet Earth possible.”