We are dedicated to reaching Net Zero status by 2040, aligning GHG reduction targets with IPCC guidelines for limiting temperature rise below 1.5°C. We focus on transitioning to renewable energy, promoting circular economy models, and managing waste to achieve Zero Waste to Landfill by 2030.
Our Planet pillar is founded on globally-accepted environmental responsibility guidance.
- Paris Agreement 1.5C Target
- Science-based Target Initiative
- CEO Water Mandate
Recognising that 94% of our emissions in Purchased Goods and Services come from 100 suppliers, we launched the Brand Partner Sustainability Engagement Programme to work closely with our high-emitting and highest-revenue-generating business partners. This initiative is designed to equip our partners with the knowledge and tools to measure, manage, and reduce their emissions, exchange emissions data, and establish Net Zero commitments as a shared responsbility in our brand ecosystem.
As a leading luxury distributor with a vast network of partner brands, owned stores, and warehouses, we prioritise Circularity as an operational imperative, while also experimenting with innovative partnerships for circular business models. This approach to circularity supports our climate ambitions by tackling Scope 3 emissions, our most significant environmental footprint.
Following the positive market response in the UAE last year, we expanded our pre-loved luxury resale model to KSA, making it one of the first luxury resale services in the Saudi market. With this programme we offer our community a platform to buy and sell authenticated pre-owned footwear in a premium retail setting. The initiative has witnessed stellar growth in both resale and buyback participation, reinforcing the growing acceptance of circular business models in the region.
Following the success of our Visual Merchandising Stock Cleanup, we have taken significant steps to integrate circularity into everyday retail operations. What began as a pilot recycling initiative has now evolved into a Group-wide standard operating procedure, ensuring that store fixtures, displays, and visual merchandising materials are diverted from landfill.
| Targets |
Scope | Baseline year | Target | Target Year | Current Status |
|---|---|---|---|---|---|
| Scope 1 (direct emissions) reduction (Fuel) | Group-wide | 2021 | -50.40% | 2032 | TBD |
| Scope 2 (direct emissions) reduction (Energy) | Group-wide | 2021 | -50.40% | 2032 | TBD |
| Scope 3 (indirect emissions) intensity reduction | Group-wide | 2021 | -58%/$M | 2032 | TBD |
| Waste to landfill reduction – Recycling Rate | UAE offices and warehouses | 2023 | -100% | 2030 | 15% |
| Waste to landfill programme – % coverage regionally | Group-wide (offices & warehouses) |
2024 | 100% | 2030 | 47% (baseline) |
| Habitat conservation and restoration – Life on land | Group-wide | 2024 | 500 hectares | 2030 | 33 hectares (baseline) |
Habitat conservation and restoration – Life under water |
Group-wide | 2024 | 500 sqm | 2030 | 60 sqm (baseline) |
Launched in 2017, the Stores Towards Earth’s Protection (STEP) Programme was established to embed sustainability into every aspect of our store design and operations. We also focused our efforts on revamping the STEP framework to transition from a pass or fail model to a rating model: Platinum, Gold, Silver or Bronze. In 2024, we completed STEP assessments for 46 new boutiques across the region, underpinned by an enhanced data platform, diagnostic dashboards and a refined STEP checklist.
Launched in 2017, the Stores Towards Earth’s Protection (STEP) Programme was established to embed sustainability into every aspect of our store design and operations. We also focused our efforts on revamping the STEP framework to transition from a pass or fail model to a rating model: Platinum, Gold, Silver or Bronze. In 2024, we completed STEP assessments for 46 new boutiques across the region, underpinned by an enhanced data platform, diagnostic dashboards and a refined STEP checklist.