New Delhi – American apparel maker Levi Strauss & Co.(LS&Co.) plans to reduce its greenhouse gas emissions at their manufacturing facilities by 90%, according to a media report. The company will also reduce green house gas emissions by 40% across its global supply chain.
The company has recently entered into an agreement worth $2.3 million with the International Finance Corporation (IFC) – a World Bank Group member to take undertake the initiative, the report said.
IFC plans to work with 42 designated LS&Co suppliers and mills on reducing greenhouse gas emissions, helping suppliers with specific renewable energy and water-saving interventions across Pakistan, Bangladesh, Sri Lanka, India, Mexico, Lesotho, Colombia, Turkey, Egypt, and Vietnam.
The company is also expecting to achieve 100% renewable energy in its owned-and-operated facilities.
“Vendors in resource-stressed countries have shown the ability to innovate based on conditions on the ground, but in some cases, they need some assistance to make it work,” Michael Kobori, vice president at LS&Co said. Sustainability. He further added that this program would benefit both the companies as well as people living in those communities.
The new agreement works on IFC’s Partnership for Cleaner Textiles (PaCT) approach.
IFC and LS&Co. had launched a pilot cooperation agreement in 2017, to help six of the denim company’s suppliers in Bangladesh, India, Sri Lanka, and Vietnam, the report said.