Asos

ASOS, a UK-based apparel retailer, reported Scope 1 emissions of 2,785,000 kg CO2e and Scope 2 (market-based) emissions of 2,896,000 kg CO2e in 2023. This brings their total Scope 1 and 2 market-based emissions to 5,681,000 kg CO2e for the year. For 2022, ASOS reported Scope 1 emissions of 3,351,000 kg CO2e, Scope 2 (market-based) emissions of 2,860,000 kg CO2e, and Scope 3 emissions of 1,738,708,000 kg CO2e, resulting in a total of approximately 1.745 billion kg CO2e across all scopes. In 2021, their total emissions were about 1.514 billion kg CO2e, with Scope 1 emissions at 3,596,000 kg CO2e, Scope 2 (market-based) emissions at 3,150,000 kg CO2e, and Scope 3 emissions at 1,506,834,000 kg CO2e.

ASOS is committed to ambitious climate action. They aim for carbon neutrality in their direct operations (Scope 1 and 2) from 2025. The company has set a goal to achieve net-zero carbon emissions across its entire value chain by 2030. ASOS has also established Science Based Targets initiative (SBTi) approved goals:

• Near-term targets (from a FY2022 base year):
  • Reduce absolute Scope 1 GHG emissions by 45% by FY2030.
  • Reduce absolute Scope 2 GHG emissions by 45% by FY2030.
  • Increase annual sourcing of renewable electricity from 80.3% in FY2022 to 100% by FY2027 and maintain this through FY2030.
  • Reduce absolute Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 42% by FY2030.
• Long-term targets (from a FY2022 base year to FY2050):
  • Reduce absolute Scope 1 and 2 GHG emissions by 90%.
  • Reduce absolute Scope 3 GHG emissions by 90%.
• Overall Net-Zero Target: Reach net-zero greenhouse gas emissions across the value chain by FY2050.

Earlier SBTi commitments from FY2018/19 base year included:

• Reduce absolute Scope 1 and 2 GHG emissions by 87% per thousand orders fulfilled by FY2030/31.
• Increase annual sourcing of renewable electricity from 12% in FY2018/19 to 100% in FY2025/26.
• Reduce absolute Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 58.2% on a per million pound value by FY2030/31.
• Ensure 66% of suppliers by emissions covering purchased goods and services have set SBTs by FY2025/26.