JD Sports Fashion Plc JD Sports Retains CDP A- Rating for Climate Change
09 Diciembre 2021 - 1:00AM
RNS Non-Regulatory
TIDMJD.
JD Sports Fashion Plc
09 December 2021
9(th) December 2021
JD Sports Fashion plc Retains CDP A- Rating for Climate
Change
JD Sports Fashion Plc (JD), the leading retailer of sports,
fashion and outdoor brands, is pleased to announce it has retained
its 'A-' rating for Climate Change for the second successive year,
and achieved a solid 'B' grade for Water Security. The Carbon
Disclosure Project (CDP) published its latest results on 7th
December 2021.
The JD Sports Fashion plc 2021/22 Annual report will be produced
in accordance with Task Force on Climate-Related Financial
Disclosures (TCFD) requirements. Investors disclosing under the
Sustainable Finance Disclosure Regulation (SFDR) can be further
encouraged by JD's additional ESG-related accreditation and
achievements, as outlined below:
-- Consistent, transparent disclosures via CDP have demonstrated
sector-beating performance, achieving A- for Climate Change in 2020
and 2021
-- JD supports (and is as an Advisory Group member) to the
Worldwide Responsible Accredited Production (WRAP) Textiles 2030
initiative, which includes Net Zero targets for new products
-- JD achieved Science Based Target initiative (SBTi) approval
of our Scope One and Two emission targets, with Scope Three to
follow within the year. Our targets are based on the 1.5degc target
referenced within the Paris Agreement, surpassing the 'below 2.0deg
scenario requirements.
-- Support and engagement in the RE100 , - the world's most
influential businesses, committed to 100% renewable energy. Our
operationally controlled UK and ROI stores and sites use 100%
renewable energy. We are on track to achieve 100% renewable energy
across Europe by 2022, and globally by 2025.
-- JD supports the United Nations 'Race to Zero' initiative - a
global campaign to rally leadership and support for a healthy,
resilient, zero carbon recovery that prevents future threats and
creates decent jobs and growth.
-- JD is committed to increasing the amount of Better Cotton
within our Own Brand manufacturing. By mid-2021 our Own Brand goods
in production had used 81% 'Better Cotton', achieving our target
ahead of schedule, with a larger number of in-store and online
products containing cotton sourced through the Better Cotton
Initiative.
-- Supporting our supply chain; during the largest period of
COVID-19 impact on our sector, no JD Group Own Brand supplier
suffered cancelled orders, or negative impacts arising from
adjusted orders. By September 2020, we had re-designed and
re-phased over $170m of fabrics and reduced our outstanding
commitments to zero.
Neil Greenhalgh, Chief Financial Officer and Chair of the JD ESG
Committee, commented:
"Customers, colleagues, investors and suppliers should be very
encouraged by JD's continued strong performance on critical ESG
matters, as evidenced by the latest CDP results."
"This strong CDP score is significantly ahead of the retail
sector average demonstrating JD's commitment and collective effort
in this area. Working closely with our largest brand partners, who
have also scored very well, JD will continue to play a full part in
reducing the impact of climate change."
JD Sports Fashion Plc Tel: 0161 767 1000
Peter Cowgill, Executive Chairman
Neil Greenhalgh, Chief Financial Officer
Jennifer Iveson, Investor Relations
MHP Communications Tel: 0203 128 8193
Andrew Jaques
Peter Hewer
Charles Hirst
Catherine Chapman
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