{"id":77960,"date":"2022-06-03T21:35:55","date_gmt":"2022-06-03T19:35:55","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=77960"},"modified":"2022-06-03T21:35:55","modified_gmt":"2022-06-03T19:35:55","slug":"wella-company-joins-ungc-to-cut-28-of-co2-emissions-by-2030","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/wella-company-joins-ungc-to-cut-28-of-co2-emissions-by-2030\/","title":{"rendered":"Wella company joins UNGC, to cut 28% of CO2 emissions by 2030"},"content":{"rendered":"

Wella Company announced joining of the United Nations Global Compact (UNGC)<\/a>, the world\u2019s largest initiative for sustainability in business, as well as its plans to cut. 28% of its CO2 emissions by 2030<\/p>\n

\u00a0The company has committed to the UNGC<\/a> corporate responsibility initiative and its Sustainable Development Goals (SDGs) in the areas of human rights, labor, the environment, and anti-corruption, which are in line with our company values.<\/p>\n

Wella Company \u00a0is an innovative global leader in the $100 billion beauty industry with a portfolio of iconic professional and retail hair, nail, and cutting-edge beauty tech brands, including Wella Professionals, O\u00b7P\u00b7I, ghd, Briogeo, Nioxin, Sebastian Professional and Clairol.<\/p>\n

\u201cWella Company aims to be a purpose-driven company, embedding ESG (Environment, Social, Governance) at our core, becoming a force for good for our global community and all our stakeholders. Since our first day as a standalone company just 18 months ago, we began working toward this goal. Participating in the UNGC was an important step to formally commit to advancing their Sustainable Development Goals,\u201d said Annie Young-Scrivner, Chief Executive Officer of Wella Company.<\/p>\n

\u201cAs we mark World Environment Day, we declare our ambition to reduce our impact on the environment where it matters most. Our stakeholders have told us our greatest impact points are in our operations and in our product offerings. Therefore, reducing our negative impact related to climate, water, packaging, and waste is crucial. We believe our efforts will be not only actionable but attainable in the coming years,\u201d said Hilary Crnkovich, Chief Sustainability and Communications Officer of Wella<\/p>\n

Wella Company ESG strategy:<\/h4>\n

Wella\u00a0Company\u2019s environmental and social impact strategy focuses on three pillars: People, Planet and Products<\/p>\n

The strategy focuses on \u201creducing its carbon footprint.\u201d It has taken the first steps in its commitment to reducing its environmental impact; comprehensively mapping the company\u2019s carbon footprint. From this the company has set science-based targets for reducing our carbon emissions and designed clear plans for meeting those goals. Abiding by the Paris Agreements and following the SBTi Standard of Baseline Maintenance, the\u00a0 company is committed to a\u00a0carbon emission reduction of 28% by 2030, across scopes 1, 2 and 3.<\/p>\n

Wella company aims to accomplish that by reducing its scope 1 and 2 emissions (from its direct operations) by 46% and maintaining its scope 3 emissions (across its value chain) at the 2019 level (our pre-COVID baseline).<\/p>\n

The strategy also focuses on \u201creducing water use\u201d. The company is committed to\u00a0reducing its water consumption per unit produced in its owned facilities by\u00a035% by 2030, reaching 25% by 2025.\u00a0In addition, it is conducting Water Risk Assessments in the basins where it operates and will seek and implement innovative circular water solutions.<\/p>\n

It also works on \u201celiminating waste\u201d. Its initial focus is on reducing its waste production and impact from our operations. Wella company is committed to\u00a0reducing the amount of waste it creates per unit produced in our owned facilities by 35% by 2030, reaching 25% by 2025.<\/p>\n

Further, it will reduce the impact by achieving Zero Waste to Landfill at all its owned sites where possible.<\/p>\n

The strategy also seeks \u201creducing packaging use of virgin materials\u201d. The company aims to\u00a0reduce our use of virgin materials\u00a0(plastics, aluminum, glass, and cardboard)\u00a0in its packaging by 50% by 2030, reaching 30% by 2025.\u00a0These reductions are compared against its 2019 baseline of total packaging by material weight.<\/p>\n

The company also seeks \u201cincreasing packaging design for recyclability\u201d. It aims for\u00a0100% of its packaging to be recyclable, reusable, or refillable by 2030, reaching 80% by 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

Wella Company announced joining of the United Nations Global Compact (UNGC), the world\u2019s largest initiative for sustainability in business, as well as its plans to cut. 28% of its CO2 emissions by 2030 \u00a0The company has committed to the UNGC corporate responsibility initiative and its Sustainable Development Goals (SDGs) in the areas of human rights, […]<\/p>\n","protected":false},"author":410,"featured_media":77961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6261,984],"tags":[],"yoast_head":"\nWella company joins UNGC, to cut 28% of CO2 emissions by 2030 - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Wella Company announced joining of the UNGC, the world\u2019s largest initiative for sustainability in business, as well as its plans to cut. 28% of its CO2 emissions by 2030\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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