Britain fashion retailer ASOS announces environmental, social and governance goals
September 16, 2021, 9:01 am

Britain fashion retailer ASOS announces environmental, social and governance goals

Asos-UK-Fashion

The Channel News Asia reported according to Reuters, Britain's ASOS said on Thursday, it aims to cut its environmental impact, use more sustainable materials and appoint more diverse corporate leaders , joining a growing list of apparel companies setting new ESG targets.

The online fashion retailer also said its environmental, social and governance (ESG) goals include becoming carbon neutral in its direct operations by 2025 and achieving net-zero carbon emissions across its value chain by 2030.

Apparel companies globally are stepping up their focus on ESG as they cater to a growing class of environmentally and socially conscious consumers and investors demand more action from them.

The fashion industry in particular, known for its heavy use of water and chemicals, is facing mounting criticism for causing an estimated 10 per cent of all greenhouse gas emissions.

ASOS said it would also ensure all of its own-brand products and packaging are made from more sustainable or recycled materials by 2030. It already uses "over 80 per cent recycled material" across mailing and garment bags.

The company also vowed to ensure at least 50 per cent female representation and over 15 per cent ethnic minority representation at every leadership level by 2030.

On Wednesday, Primark, one of Europe's biggest fast fashion chains, became the latest apparel company to announce new sustainability targets, vowing to cut its environmental impact by using more recyclable materials.

Source: cna

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”