Category: Press Releases

BOSTON – May 30, 2024 – Quantis, a BCG company and leading global sustainability consultancy driving sustainable transformation to align businesses with planetary boundaries, today released its global food and beverage report, Recipe for Transformation. The report surveyed more than 600 professionals and C-level executives across multiple business functions in the food and beverage industry. Respondents work in large companies within retail, wholesale, consumer packaged goods, commodities and agriculture subsectors of the food and beverage industry.

76% of respondents reported some level of confidence in their sustainability roadmaps and ability to achieve environmental goals by 2030, but action plans are missing critical components for success. Portfolio redesign, regenerative agriculture and plant-based initiatives were cited as the lowest three priorities for the next year. Clear action plans are the second-most important success factor (38%), but they are lacking and 26% of respondents still view them as a challenge.

Other key findings included:

• The supply chain remains the top challenge: 42% of respondents cite its complexities as the largest barrier to success.
• Financial investment remains a barrier, departmental budgets reflect that: Cited as the second largest barrier to success, allocating funds remains a struggle – the average percentage of annual budget allocated to reducing environmental impact is just 12.54 across departments.
• Chief Sustainability Officers need more inter-departmental buy-in: Company commitment and culture set by leadership were the largest drivers of sustainable practices across departments, but the two biggest barriers to success (supply chain and budget allocation) sit largely outside their control.
• Packaging is priority: Most respondents have tools and budget in place to make packaging more sustainable, and 62% cited it as a top priority for the next year – this is a clear starting point across brands, but critical levers for scaling and implementing these efforts are missing.
• Consumers are ready – the industry just needs to deliver: Even in the current economic climate, 100% of marketing respondents have seen changes in consumer behavior regarding sustainable purchasing habits. More than half cite that their customers are more interested in sustainable products and willing to spend more to get them.

“Though food and beverage sector leaders are making progress, the path to alignment with planetary boundaries and resilience will require a shift from sustainability in a silo to sustainability embedded across business functions,” said Charlotte Bande, Global Food & Beverage Lead for Quantis. “Estimates show that food and beverage organizations could lose up to 26% of their value if they don’t act quickly, but much still stands in the way of doing so effectively and efficiently. Securing more budget and driving impactful transformation will require collaboration, both throughout departments internally and with strategic partners across the value chain.”

To download the Global Food Report, Recipe for Transformation, please visit www.quantis.com/food24. To learn more about Quantis, please visit www.quantis.com.

Under the umbrella of EBI, key market players are jointly tackling the sustainability challenge and bringing the industry ahead of the curve. A group of 16 leading recreational boat manufacturers and 8 industry associations is coming together to develop the first-ever environmental footprint methodology for recreational boats under 24 meters. It will be backed up by a database and assessment tool to allow small and large manufacturers to access the green transition.

Tackling climate change and reducing environmental impact as a whole is a major challenge and the boating industry is committed to addressing emissions across the entire life cycle. This is however only possible with a common approach that the entire industry is signed up to.

A group of 16 leading European boat manufacturers and 8 marine industry associations is coming together to develop an industry standard methodology to measuring the environmental footprint of boats under 24 meters. The threshold of 24 meters has been chosen to align with EU regulations. It will be based on a coherent Life Cycle Assessment approach following the stringent EU Product Environmental Footprint Category Rules.

The project will be conducted in two phases, first focusing on developing a science-based and transparent environmental footprint methodology to harmonise calculation rules. In the second phase, the focus will be on implementing this with a comprehensive materials database and user-friendly calculation tool. This then allows manufacturers to conduct eco-design and comprehensively reduce environmental impact, as well as communicate the environmental footprint to consumers, stakeholders and regulators. It will go beyond carbon emissions and include other critical environmental indicators.

This common effort will also allow industry to comply with the latest EU environmental legislation and be ahead of the regulatory curve. The project has already been presented to the EU Commission and received its strong support.

The project is led by European Boating Industry (EBI) and is industry-financed. The renowned environmental sustainability consultancy Quantis has been chosen as technical partner. ICOMIA, the International Council of Marine Industry Associations, is a strategic partner of the project to ensure global alignment. It builds on the comprehensive and independent ‘Pathways to Propulsion Decarbonisation for the Recreational Marine Industry’ study published in November 2023.

Robert Marx, President of EBI commented “This is a unique and highly welcome cooperation. For the first time, competing manufacturers are committed to jointly addressing the sustainability challenge. Its outcomes will allow companies of all sizes to access the green transition without greenwashing, reduce environmental impact and proactively shape the regulatory approach in Europe and globally. We need a proactive and pragmatic approach to sustainability and this project will develop the tools that industry needs.”

EBI invites all interested manufacturers, suppliers and stakeholders to partner with the project to reach a common pathway for the industry’s sustainability challenge.

END

In a landmark initiative for sustainable business practices, Quantis, a global sustainability consultancy, and CO2 AI, a premier carbon management platform, have established a strategic partnership. This partnership aims to drive substantial reductions in Scope 3 emissions across various industries and represents a significant leap forward in leveraging digital solutions to combat climate change. This collaboration is already proving its value through a pioneering project with Reckitt, a leading producer of health, hygiene, and nutrition products.

Innovative Solution Through Collaboration

Reckitt set an ambitious goal of 50% absolute reduction by 2030, and Net Zero by 2040. To do this, they needed to implement decarbonization initiatives at scale while tackling the challenge of data collection from a vast network of suppliers. The partnership between Quantis and CO2 AI introduces a groundbreaking approach to this challenge. The initiative has significantly enhanced the granularity of emissions data available by collecting primary data (more than 400,000 data points were collected in 2023) directly from suppliers.

This wealth of information allows for a detailed understanding of emissions by brands and products, pinpointing the highest leverage reduction initiatives in order to meet 2030 targets and model their impact.

Quantis’ expertise in identifying impactful reduction strategies, combined with the analytical power of the CO2 AI platform, enables Reckitt to visualize emissions and operationalize its Net Zero strategy across its entire portfolio. This visibility extends from packaging, which alone contributed over 60,000 data points, to detailed emissions hotspots. Such insights are crucial for making informed decisions, such as transitioning to post-consumer recycled packaging to achieve maximum emissions reduction.

Speaking on the partnership Fabrice Beaulieu, Chief Marketing Sustainability and Corporate Affairs Officer at Reckitt said:” We believe in the power of data and AI to accelerate our progress on the net zero journey and are delighted to partner with Co2AI and Quantis in that space.”

Charlotte Degot, CEO and Co-Founder, CO2 AI: “We’re excited to drive decarbonization for the world’s largest organizations together with Quantis. The team’s expertise complements our technology to help companies identify emissions hotspots, implement concrete reduction initiatives across the organizations and their supply chain, and track progress at scale.”

Allon Zeitoun, Global Leader and Managing Director, Quantis:

“We are proud to be partnering with CO2 AI to help organizations around the world reach their ambitious commitments to sustainability. Digitalizing the corporate footprint is a critical step to ensure the reduction of environmental impacts at scale. In business it’s not enough to just make an ask, you make the case through data.”

Strategic Collaboration Turned Immediate Impact

The partnership between Quantis and CO2 AI sets a precedent for how companies can leverage digital solutions to address complex sustainability challenges. By bringing together Quantis’ deep expertise in sustainability strategies and CO2 AI’s advanced analytical capabilities, the partnership has delivered a scalable model for achieving net-zero carbon emissions and exemplifies the capacity for immediate and impactful sustainability solutions.

Empowering Change Across Levels

The collaboration empowers Reckitt’s teams, from procurement to its global executive committee, with the tools and data necessary to take action and drive meaningful change. Operational teams can now visualize their direct contributions to emissions reduction, fostering a culture of accountability and progress. Meanwhile, executive leadership benefits from automated updates on the company’s carbon footprint, ensuring that Reckitt remains on track to meet its ambitious targets.

A Lasting Arrangement for Broader Impact

The collaboration is designed as a lasting arrangement, offering other companies a robust pathway to decarbonization. The partnership’s approach combines detailed emissions data collection with strategic insights, empowering businesses to make informed decisions toward their sustainability goals. This model supports companies in achieving ambitious targets and serves as a beacon for other organizations committed to environmental responsibility.

Empowering Change, Setting New Standards: A Model for the Future

Quantis and CO2 AI’s partnership is more than a strategic alliance. It sets a new standard for addressing Scope 3 emissions and serves as a model for how digitization can pave the way for companies to reach Net Zero. By combining deep sustainability expertise with advanced technology, Quantis and CO2 AI demonstrate that significant progress toward decarbonization is possible and achievable.

Media Contact:

• Johanna Steves, Global PR & Media Lead, Quantis – Steves.Johanna@quantis.com
• Camille Richaud, Marketing Manager, CO2 AI – Camille.richaud@co2ai.com
• Martinne Geller, Media Relations Director – Martinne.Geller@reckitt.com
• David Croft, Group Head of Sustainability – David.Croft@reckitt.com

About Quantis

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance. With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

About CO2 AI

CO2 AI, the end-to-end sustainability solution, is helping large and complex organizations measure their impact, identify credible levers and reduce at scale, leveraging the power of AI.

The initiative is supported by 9 founding partners¹, representing more than USD 2 trillion of assets under management².

A global standard for evaluating avoided emissions

The energy transition requires us to move away from carbon-based activities, so decarbonized alternatives also need to be available. While the data currently shared by companies on their direct Greenhouse Gas (GHG) emissions and estimated indirect emissions (scope 2, scope 3) is based on solid methodological foundations, other metrics are needed to identify their respective contributions and to be able to compare solutions. For example: if it is relevant to take into account all the resources and the recyclability of components that come into play in the production of an electric vehicle, it is also relevant to understand and measure the carbon emissions that can be avoided by an electric vehicle in a transport sector still very dependent on thermal engines.

The creation of a standard for a global database of emission avoidance factors is therefore a major step forward for many economic players. For the financial sector, this initiative will generate estimates of the emissions avoided by the activities financed, making them transparent and comparable. When such estimates are implemented in a standardized way across a wide range of solutions, they will enable investment to be channeled towards the solutions with the greatest potential for decarbonization, depending on where they are located. For companies, projects’ sponsors or financiers and consultants, this database will enable calculations to be made transparently, with reference to a recognized external standard. Finally, for data providers, the database will enable them to estimate avoided emissions across a wide range of investments, thereby supplementing the existing metrics available on the climate impacts that are currently too imprecise or binary.

A standardized and transparent database

The database built by I Care by Bearing Point and Quantis will initially cover 80 specifically defined low-carbon solutions (examples: biomass energy, recycled plastic, low-carbon concrete, etc.). The geographical differentiation of the reference scenarios taken into consideration for each solution and the various links in the value chains of these solutions will result in the creation of ca. 9,600 distinct avoidance factors during this first phase, which will end in Q4 2024.

The creation of a standardized and transparent database of avoidance factors should make it possible to quantify, compare and audit the emissions avoided by companies and projects, and thus encourage the redirection of financial flows towards assets that promote decarbonization, addressing for example the production of renewable energy, the electrification of transport, low-carbon property, but also recycling or the rare metals needed for the transition.

Each emission factor will contain details of the assumptions made, in particular:

• The functional unit used
• The carbon footprint of the solution
• The reference scenario used
• The lifespan of the solution
• The time value of carbon
• The rebound effect

For all these parameters, precisely sourced default values will be provided and updated on an annual basis. The database will also allow for more detailed calculations depending on the level of access to the data. For example, a company that has carried out a “lifecycle” analysis of its solution will be able to modify the parameters to obtain an avoidance factor that is more precise. The scope of the database will also be gradually extended to include many other low-carbon or green enabling solutions. The development of the database and the choice of methodologies will be overseen by a scientific committee comprising the main organizations behind the current standards for avoided emissions.

Development of the database will commence in January 2024 and a first version will be made available to all stakeholders with a requirement to calculate avoided emissions in Q4. This includes companies, consultants, impact measurement software developers, financial institutions and data providers. The data providers who calculate company and asset-level emissions will be involved in the construction of the factor database and will have to align themselves with a protocol for its application.

¹Listed at the end
²As of December 2023

List of partners of this initiative

London, United Kingdom: To accelerate the transition to net zero health systems, global healthcare leaders from the Sustainable Markets Initiative Health Systems Task Force are in advanced discussions with energy providers in China and India to scale renewable power across their supply chains. This is the first time that companies from across the global healthcare sector – including AstraZeneca, GSK, Novo Nordisk, Roche – have come together to pioneer such initiatives in these countries. China and India are key markets for pharmaceuticals manufacturing, estimated to account for up to 50% of materials for medicines.[i]

In China, the power agreements would unlock renewable energy in Jiangsu, Guangdong, Shanghai and Beijing. The agreements are set to bring around 70 megawatts (MW) of renewable power annually to the grid from 2024 onwards. This would result in annual emissions savings of approximately 120,000 tonnes of carbon dioxide equivalents (CO2e), comparable to taking 25,000[ii] cars off the road. In India, the initiative aims to support suppliers in Gujarat, Karnataka, Madhya Pradesh, Maharashtra and Tamil Nadu. These collective efforts to progress renewable energy access demonstrate the power of collaboration at scale in these markets, and the convening power of the Sustainable Markets Initiative.

Pascal Soriot, CEO, AstraZeneca, and Chair of the Sustainable Markets Initiative Health Systems Task Force said: “The world has finally woken up to the reality that the climate crisis is also a health crisis. With this realisation must follow bold, scalable action if we are to secure a liveable and sustainable future. Today’s announcement sends a positive demand signal for green power, providing a blueprint for others to follow, and underlines the SMI’s commitment to leading the decarbonisation of the healthcare sector.”

“Globally, the health sector is responsible for approximately 5% of emissions, making it a significant contributor to climate change,” said Dr Tedros Adhanom Ghebreyesus, Director-General, World Health Organization. “This progress to accelerate the transition to renewable energy in pharmaceutical manufacturing in China and India is welcome news, and complements WHO’s work through the Alliance for Transformative Action on Climate and Health (ATACH), which brings together governments, the private sector and other partners to build climate-resilient and climate-friendly health systems in countries.”

The Health Systems Task Force is a public-private partnership launched at COP26. Today’s commitments ahead of COP28, which marks the first global climate conference to have an official focus on health, build on bold action already taken by the group to decarbonise healthcare .

The climate crisis is contributing to a rise in non-communicable and infectious diseases due to climate change, with seven million people dying prematurely each year from air pollution alone.[iii] At the same time, the healthcare sector is responsible for approximately 5% of total greenhouse gas emissions (GHG).[iv] This is equivalent to up to twice the emissions of global aviation. Over half of the sector’s emissions are created in manufacturing supply chains, and energy consumed in these supply chains accounts for around 25% of total healthcare emissions.[iv]

Earlier this year, Task Force members launched joint, minimum environmental targets for suppliers , calling on organisations to set science-based targets, and go beyond carbon emissions reductions to tackle water and waste. These targets have the potential to help address 3.5 million tonnes of CO2e per year across more than 100 of the members’ largest pharmaceutical suppliers alone.

Beyond supply chain decarbonisation, Sustainable Markets Initiative Health Systems Task Force members are spurring progress to reduce the environmental footprint of healthcare delivery, which accounts for nearly half of the sector’s global emissions.

Recognising the importance of a harmonised method to measure and report the environmental impact of medicines and healthcare products, the Task Force has worked with the Pharmaceutical Environment Group (PEG) through a newly created consortium and NHS England to support the development of a sector-wide standard for medicines Life Cycle Assessment (LCA). The consortium and NHS England intend to work with the British Standards Institution (BSI) to reach consensus among the sector’s stakeholder groups including healthcare systems, providers and professionals, representative bodies, academics and patients to establish the standard. With support from experts including Quantis, the delivery of this LCA standard will improve transparency and support the assessment and reduction of the environmental impact of medicines across their manufacture, supply, use and end of product life.

An international measurement framework is also being developed to calculate the carbon emissions from different patient care pathways. The aim is to identify the major drivers of emissions and ultimately reduce the environmental impact of healthcare delivery. The group is also examining how to quantify the carbon emissions of clinical trials. In addition, a new workstream, led by consumer goods maker Reckitt, will focus on the role consumer health and wellbeing can play in decarbonising the healthcare sector.

Since the launch of the Task Force in 2021, suppliers and leading healthcare companies have been inspired to contribute to its efforts, demonstrating its broader positive influence across the sector. The Task Force recently welcomed three new members to contribute broader sectoral expertise:

• Reckitt

• Novartis

• Bupa

Additionally, Lonza and Novartis are involved in the Task Force’s efforts to procure renewable power in China, and Johnson & Johnson, Pfizer and Takeda are contributing to the LCA initiative. The impact of the Task Force is also inspiring broader action in key jurisdictions. On 6 November, the Sustainable Markets Initiative China Council launched a Health Working Group  in Shanghai. It is comprised of 16 Chinese health companies and members of the Health Systems Task Force. The Working Group aims to accelerate the delivery of sustainable healthcare in China, with broader global impact.

These diverse efforts solidify the commitment of this leading private-public partnership to reducing the environmental impact of health systems – from lab to patient – while delivering improved health outcomes.

[i] Based on sales/value-based shares for APIs and Chemicals – DaxueConsulting (2020); Optimainsights (2019); European Fine Chemicals Group; Crisil, S&P Global (2019); CEFIC – European Chemical Industry Council (2021)

[ii] https://www.epa.gov/greenvehicles/greenhouse-gas-emissions-typical-passenger-vehicle 

[iii] https://www.who.int/health-topics/air-pollution#tab=tab_2 

[iv] https://a.storyblok.com/f/109506/x/96fc198cb8/smi-hstf-executive-summary.pdf 

LONDON, October 26, 2023—The fashion and apparel industry is under pressure. More than 85% of leading brands (by sales) have publicly declared decarbonization targets for their supply chains. In addition, more than 35 new pieces of sustainability-linked legislation are forecasted to go into effect around the world in the next two to four years, targeting import restrictions, product design guidelines, labeling requirements, and more.

Given that raw materials can constitute as much as two-thirds of a fashion and apparel brand’s climate impact, securing access to sustainable materials is essential. However, demand for low-climate-impact (“preferred”) raw materials could exceed supply by as much as 133 million tons by 2030.

These are among the findings of a new report released today by Boston Consulting Group (BCG), in collaboration with Textile Exchange and Quantis. Titled Sustainable Raw Materials Will Drive Profitability for Fashion and Apparel Brands, the report says that brands must act today to significantly increase the share of preferred raw materials in their portfolio. Brands that succeed will be positioned to capture an average net profit increase of 6% over a five-year period, based on the report’s model. In fact, at the high end of the range in the model, a fashion brand with $1 billion in annual revenues has the potential to tap a cumulative opportunity of approximately $100 million over five years.

“Fashion and apparel brands face a two-part challenge: they must double down on driving carbon reduction while preparing for upcoming regulations,” said Jocelyn Wilkinson, a BCG partner and a coauthor of the report. “Success on both counts relies on a robust strategy for preferred raw materials—one that helps brands lock in a supply of sustainable materials for the future. Putting that strategy into immediate action promises to pay off.”

Sustainability-Linked Regulations on the Rise

The pending regulations have greater depth and breadth than the fashion and apparel industry has seen before, and many brands may struggle to adapt. Based on a review of luxury brands, the report estimates that just 15% currently comply with all the guidelines of a flagship sustainability-linked regulation (in this case, the 2015 UK Modern Slavery Act).

Failure to comply poses a real threat to a brand’s bottom line. Products may be denied entry to markets until brands can satisfy new requirements and labeling laws—placing up to 8% of their earnings before interest and taxes (EBIT) at risk.

The Growing Materials Gap

Despite the growing number of pledges and decarbonization targets across the fashion and apparel industry, Tier 4 suppliers have yet to receive a strong enough signal that brands will commit to and invest in preferred raw materials. Consequently, raw-materials producers, farmers, and growers lack the incentive to take on the risks associated with increasing the supply.

The report projects that just 19% of materials produced in 2030 will be preferred, given the current lack of economies of scale. Without proper investment, the demand-and-supply gap for preferred raw materials will rise to as much as 133 million tons by the end of the decade—equal to more than six times India’s production of these materials in 2021.

“Fashion and apparel brands need to take immediate action to invest in the supply of preferred raw materials, thereby securing resources and transforming their business models for a sustainable future,” said Philipp Meister, global lead for fashion and sporting goods at Quantis and a coauthor of the report. “This will require brands to rethink product portfolios, strengthen supplier relationships, and build company-wide engagement—all of which could take years.”

The Materials Manifesto

The report outlines six principles for brands looking to create a robust materials strategy:

1. Invest in and embed full traceability to de-risk supply chains and fully understand materials’ impacts.
2. Use a science-backed approach to strengthen decision making and satisfy stakeholders.
3. Diversify the materials portfolio to spread risks and future-proof operations.
4. Build a business case that leads to a triple win—for brands, for suppliers, and for nature.
5. Strengthen supply chain relationships—they will make or break brands going forward.
6. Ensure that knowledge, tools, and incentives are engrained throughout the company.

“In the face of the climate crisis, the policy landscape, and investor and consumer scrutiny, fashion and apparel brands cannot afford to underinvest in their raw-materials strategies any longer,” said Beth Jensen, director of climate+ impact at Textile Exchange and a coauthor of the report. “Brands must act boldly now to invest in the supply chain relationships that will enable achievement of their climate goals by 2030—a key milestone year that is rapidly approaching.”

Media Contact:
Johanna Steves, Global PR + Media Lead, Quantis
+33 (0)6 58 65 02 66
steves.johanna@quantis.com

About Boston Consulting Group

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

About Textile Exchange

Textile Exchange is a global non-profit driving beneficial impacts on climate and nature across the fashion, textile, and apparel industry. It guides a growing community of brands, manufacturers, and farmers towards more purposeful production from the very start of the supply chain.

Its goal is to help the industry to achieve a 45% reduction in the emissions that come from producing fibers and raw materials by 2030. To get there, it is keeping its focus holistic and interconnected, accelerating the adoption of practices that improve the state of our water, soil health, and biodiversity too.

For real change to happen, everyone needs a clear path to beneficial impact. That’s why Textile Exchange believes that approachable, step-by-step instruction paired with collective action can change the system to make preferred materials and fibers an accessible default, mobilizing leaders through attainable strategies, proven solutions, and a driven community.

At Textile Exchange, materials matter. To learn more, visit textileexchange.org

About Quantis

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance. With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

SWITZERLAND – September 18, 2023 – Quantis, leading environmental sustainability consulting firm, today announces the appointment of its new Managing Director and Global Leader Allon Zeitoun. Based in France, Zeitoun will lead the Quantis team as it continues its path to align the economy with planetary boundaries.

“I am thrilled to be joining the Quantis team – an organization with an incredibly talented and motivated team of scientists, engineers and business consultants who have built a strong reputation for guiding clients on how to protect nature and address climate change,” remarked Zeitoun. “My ambition is to make us the preferred partner of more CEOs and corporations across the globe for their sustainability transition. I’m excited to start working with our people and clients to achieve this goal. The evolution is already taking place, but the planet needs us to move faster – and we’re here to meet the challenge.”

Zeitoun brings more than a decade of experience in strategy consulting, including eight years spent at Quantis’ parent company, Boston Consulting Group (BCG), where he advised consumer goods and healthcare companies on large scale business transformation. He then went on to successfully serve as CEO of Naturalia, an organic food retailer. There, he led the team in doubling sales and becoming the first and only French food retail organization labeled as a B Corp.

In his new role, Zeitoun will lead the team in working with large, international corporations on increasing economic performance while reducing environmental impacts. His global experiences as a strategy consultant and entrepreneur equip him to lead the team with strategic vision combined with practical commercial skills and experience.

“We’re pleased to welcome Allon to the team to further forward the mission the Quantis team has defined over the last 17 years,” said Guillaume Charlin, Managing Director & Senior Partner at BCG and Chairman at Quantis]. “Allon’s dedication to sustainability and ability to lead companies through strategic growth makes him the best fit to lead the firm and we are eager to see what he will accomplish as our new Global Leader.”

Since its acquisition by BCG in 2022, Quantis has continued to strengthen its climate and sustainability expertise, and through its evolution will work to further assist companies and the planet under Zeitoun.

To learn more about Quantis, please visit: www.quantis.com.

ABOUT QUANTIS

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance. With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

Discover Quantis at www.quantis.com

LONDON, UK & BERLIN/HAMBURG, GERMANY (13 JULY 2023) – ABOUT YOU, YOOX NET-A-PORTER and Zalando are expanding their ‘FASHION LEAP FOR CLIMATE’ initiative. Open as of July 2023, the second year of the unique collaboration sees the three leading online retailers enhancing their co-created climate learning platform and extending invitations to 250 of their brand partners, up from 55 brands who took part in a successful first year.  

Launched in 2022 through a unique collaboration between ABOUT YOU, YOOX NET-A-PORTER and Zalando, the FASHION LEAP FOR CLIMATE platform supports fashion brands in measuring their own carbon footprints and setting targets that align with climate science (1). Brand partners of the three online retailers who took part in the platform’s first year reported a boost in confidence, with a significant 85% uptick in their understanding of science-based targets (SBTs) after completing the learning programme (2). 

All participating brand partners to date reported they would recommend FASHION LEAP FOR CLIMATE and that they were better equipped to set science-based targets in the future as a result, with over half citing they plan to set their SBTs within the next year thanks to the knowledge gained. Almost all (91%) highlighted that they valued the collaboration opportunities of the platform, encouraging them to discuss and exchange ideas with sustainability experts and peers.

The first year of FASHION LEAP FOR CLIMATE enabled the three online retailers to gain insights on how to optimise the platform to maximise progress towards science-aligned climate target setting. For the second year, ABOUT YOU, YOOX NET-A-PORTER and Zalando are focused on bringing greater value and flexibility to a wider selection of brand partners throughout 2023. Participants will now be able to join a live eight-week course (comprising eight hours across four modules) through an engagement track providing bespoke support, or entirely self-directed with an on-demand learning function. 

The programme forms a critical part of the three online retailers’ respective climate journeys, with each working to support a reduction in their brand partners’ emissions to achieve their own Scope 3 targets (3). Looking ahead, the retailers see potential to scale the platform’s reach to become available to every fashion brand partner and the wider industry.

“At ABOUT YOU, we believe that collaboration and transparency are key to sustainable change across the industry. This creates accountability, but also comparability between businesses and leads to positive change within the fashion sector. We are proud of last year’s strong results of FASHION LEAP FOR CLIMATE and are excited – together with Zalando and YOOX NET-A-PORTER – to start its second year. The successful completion of the learning journeys by our initial partner brands marks a crucial initial stride in the right direction. We are convinced that it will take collective initiatives from the entire industry to create sustainable change.” – Hannes Wiese, Co-CEO, ABOUT YOU Holding SE

“At YOOX NET-A-PORTER, we are committed to ambitious goals to lower our impact on the environment. Our brand partners are the most sought-after in luxury fashion and we take pride in supporting them to navigate this complex topic and reduce our collective carbon footprint. Following promising results from FASHION LEAP FOR CLIMATE’s first year, we are thrilled to be launching year two in partnership with ABOUT YOU and Zalando. This initiative represents the potential of industry-wide collaboration, harnessing a shared ambition to create a more sustainable future for fashion.”– Alison Loehnis, ad interim CEO, YOOX NET-A-PORTER

“At Zalando, we are committed to bringing together different stakeholders in the industry to collectively tackle challenges. We believe this is crucial to drive positive impact across the industry. We are proud to mark our second year of FASHION LEAP FOR CLIMATE in collaboration with ABOUT YOU, YOOX NET-A-PORTER and Quantis, one of our key collaborative efforts helping our partners to set their own science-aligned climate targets. Since launching this initiative last July, it is very encouraging to see that the first of our partner brands have completed the learning journey and how it has improved their confidence in taking steps towards climate action. We strongly believe that such partnerships are the driving force of progress and that only through working together a long-lasting impact is possible.” – David Schneider, Co-CEO, Zalando SE

The FASHION LEAP FOR CLIMATE learning platform is fully sponsored by ABOUT YOU, YOOX NET-A-PORTER and Zalando, and curated by sustainability consultancy, Quantis. Brand partners of ABOUT YOU, YOOX NET-A-PORTER and Zalando interested in learning how to measure greenhouse gas emissions, set targets aligned with climate science and submit them to the SBTi, as well as retailers interested in accelerating the adoption of science-based targets among their brand partners, are invited to get in touch: info@fashionleapforclimate.com. 

For further information on FASHION LEAP FOR CLIMATE, visit: https://fashionleapforclimate.com/

Note

1. Science-based targets set out by Science Based Targets initiative (SBTi), a global partnership between the UN Global Compact, CDP, World Resources Institute and the World Wide Fund for Nature.
2. Participants rated their understanding of SBTs as 3.9 prior to the Fashion Leap for Climate learning experience and 7.2 afterwards, marking an 85% increase. These average scores were out of 10, where 10 represented a perfect understanding
3. YOOX NET-A-PORTER’s reduction actions contribute to the science-based targets set by its parent company, Richemont, which were validated in 2021

Press enquiries:

Laila Helmy: presse@aboutyou.com
Nicola Surgett: press@ynap.com
Larisse Mac Donald: press@zalando.com
Emanuela Boem, press@quantis.com

ABOUT ABOUT YOU

ABOUT YOU digitizes the offline shopping stroll by creating an inspiring and personalized shopping experience on the smartphone. At ABOUT YOU, the focus is on the customers, who are supported in expressing themselves individually through fashion. On the website aboutyou.com and the multi-award winning ABOUT YOU app, customers find versatile inspiration and over 600,000 items from around 3,800 brands. With more than 45 million unique active users per month, ABOUT YOU is one of the largest online fashion stores in Europe. It is active in all key markets in Continental Europe and in total provides worldwide shipping options to around 100 countries. Through SCAYLE, ABOUT YOU offers its proprietary e-commerce technology as a software-as-a-service product for brands and retailers to grow their international D2C businesses. The shares of ABOUT YOU are listed on the Frankfurt Stock Exchange.

For media enquiries, contact Laila Helmy: presse@aboutyou.com

ABOUT YOOX NET-A-PORTER

YOOX NET-A-PORTER is a leading online luxury and fashion retail business. Made up of four multi-brand online stores, NET-A-PORTER, MR PORTER, THE OUTNET and YOOX, it connects customers to the world’s most coveted brands, bringing them outstanding style and impeccable service. In addition, YOOX NET-A-PORTER’s ONLINE FLAGSHIP STORES partner with world leading luxury brands to power their own e-commerce destinations.   

With 5.3 million customers in 180 countries, YOOX NET-A-PORTER takes a localised approach to serving its clientele around the globe through its network of offices and operations across the U.S., Europe, APAC and joint ventures with Alibaba in China and Symphony Investments in the Middle East.    

Across its operations is YOOX NET A PORTER’s Infinity 2030 strategy, its long-term commitment to drive a more sustainable and circular fashion system. Leveraging more than 20 years of data and insights, YOOX NET-A-PORTER continues to embrace next generation technologies including A.I., augmented reality and digital ID to evolve and elevate the customer journey.  

YOOX NET-A-PORTER is part of Richemont.  

For more information about YOOX NET-A-PORTER, visit www.ynap.com.

For media enquiries, contact Nicola Surgett: press@ynap.com.

ABOUT ZALANDO

Zalando (https://corporate.zalando.com) is a leading European online platform for fashion and lifestyle. Founded in Berlin in 2008, we bring head-to-toe fashion to over 51 million active customers in 25 markets, offering clothing, footwear, accessories, and beauty. The assortment of international brands ranges from world famous names to local labels. Our platform is a one-stop fashion destination for inspiration, innovation, interaction and shopping. As Europe’s most fashionable tech company, we work hard to find digital solutions for every aspect of the fashion journey: for our customers, partners and every valuable player in the Zalando story. Our vision is to be the Starting Point for Fashion and a sustainable platform with a net-positive impact for people and the planet. 

For media enquiries, contact Larisse Mac Donald: press@zalando.com.

ABOUT QUANTIS

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance.

With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

Discover Quantis at  www.quantis.com

January 10, 2023 | The VIVE Programme, a sustainability programme based on continuous improvement for the food and beverage industry, strengthens its commitment to tackling the climate emergency by announcing its new Climate Action programme today. Developed over the past 12 months with partner Quantis, a leading environmental sustainability consultancy recently acquired by Boston Consulting Group (BCG), the programme enables businesses across the sugar supply chain to effectively measure and reduce greenhouse gas (GHG) emissions in alignment with science-based targets. Pilot programmes are already taking place in Thailand and Brazil.

To activate reductions across the supply chain, where most of food and beverage companies’ emission lie, the industry will need to overcome complex carbon accounting challenges. Through providing accurate data and on-the-ground expertise, with the promise of commercial advantage and license to operate, this innovative programme will enable sugar producers to improve the sustainability of their operations. In turn, this will allow food and beverage multinationals to make carbon reductions within their supply chains through carbon ‘insetting’ (reducing emissions through interventions within their own value chain), without reliance on carbon offsetting or estimates. Around 100 food companies are part of the Buyers Supporting VIVE platform, including Coca Cola, Nestlé, Heineken, Kerry Foods, Barry Callebaut and Friesland Campina, in addition to global producers, processors, logistics companies and chain of custody organisations. 

VIVE Climate Action will empower those in sugar supply chains to measure their emissions, create science-based reductions targets and set them into action with VIVE’s support. Carbon emissions will be reduced at farm and factory level through more sustainable farming and milling practices, and throughout the supply chain through less carbon-intensive logistics strategies. VIVE’s Energy Module already supports sugar mills in Brazil to generate renewable energy from their waste products, making them energy efficient, low carbon, and able to sell excess energy to the grid.  

The VIVE Programme is run by Czarnikow (CZ), a leading supply chain services company with over 160 years of experience in the food and beverage industry, and Intellync, a data-driven agricultural supply chain company, collaborating through a shared committed to sustainability. CZ’s end-to-end position within global supply chains and ability to influence the ecosystem will facilitate real change through its core strengths of on the ground experience, relationship management and problem solving. Quantis provided the depth of experience and knowledge in corporate climate action required to design and implement this new programme, helping VIVE address challenges and choices in the strategy, the business model and the metrics.

Wassim Sasso, Senior Trader at CZ who has been leading this project, says “VIVE Climate Action is uniquely positioned to drive change in the sugar industry and deliver on ambitious climate goals. Our focus is on designing and implementing supply chain interventions based on primary data, allowing us to focus on the most impactful and highest returning activities. We believe that sustainability goes hand-in-hand with commercial benefit, and this informs every aspect of our approach. We’re under pressure to move quickly – the climate crisis is gaining urgency by the day – but we’re also excited for the challenge and the opportunity to make a difference.”

Ben French, Manager of VIVE says “We must accelerate the process. It is not enough to measure baselines and provide guidance on reductions; actions must be taken, and commercial support is essential. Having shared responsibility across all supply chain stakeholders is critical. As such, we will create commercial partnerships with key players and mobilise the ecosystem of farmers, millers, refiners, banks, Ag-tech, traders and logistics providers towards a low-carbon sugar supply chain.” 

Jon Dettling of Quantis says, “VIVE has developed a robust method that goes further than measurement, with the potential to drive meaningful change in the food and beverage industry by unlocking emissions reductions opportunities in the sugar supply chain — a critical lever for the sustainable transformation of the food system. It has been a pleasure to collaborate for the past year and I look forward to further roll-out of the programme.”

ABOUT THE VIVE PROGRAMME

The VIVE Programme is a voluntary sustainability programme run by CZ (Czarnikow) and Intellync. Its aim is to build sustainable supply chains while also delivering commercial advantage.

Driving continuous improvement is fundamental to the VIVE programme. To create initial impetus, VIVE’s data capture includes an assessment of current performance with projections for performance over the next two years. It is designed to enable participants to join at different entry levels, reflecting the stage of advancement of their sustainability journey while expanding their sustainability agenda over time.

viveprogramme.com

ABOUT QUANTIS

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance.

With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

Discover Quantis at www.quantis.com

7 December 2022, BRUSSELS – Cosmetics Europe launched today an unprecedented industry-wide initiative, Commit for Our Planet, with the goal to reduce the sector’s environmental footprint in Europe. The initiative encourages all cosmetics and personal care companies to take part in a joint industry effort to reduce greenhouse gas emissions, improve packaging solutions and act for nature. Twenty-six companies have already made commitments within the framework of the Commit for Our Planet initiative and several national associations representing the cosmetics and personal care industry are supporting them and promoting the initiative locally*. 

“While many cosmetics and personal care companies are already making significant environmental progress on their own, Commit for Our Planet aims to further raise the bar for sustainability across the sector by collectively stepping up and amplifying efforts as an industry through joint action,” said John Chave, Director General at Cosmetics Europe. “We developed the initiative to be inclusive of the whole industry, with commitments that can be tailored to all company sizes and types, regardless of Cosmetics Europe membership or where they stand in their sustainability journeys. This is to ensure that there is an opportunity for everyone to help meet the societal and planetary needs.” 

The initiative comprises specific commitments within the three themes of climate, packaging and nature that will help drive progress across the full value chain. These areas are central to cosmetics companies’ operations and their related impacts, ensuring the industry can make the most progress toward environmentally friendly production and consumption of goods. Moving forward, Cosmetics Europe will continually revise and reinforce its sustainability commitments to reflect changing societal demands and planetary needs, as well as to align with EU standards. 

Cosmetics Europe and its members have worked with Quantis, a leading environmental sustainability consultancy, on developing ambitious, science-lead commitments and specific tools to ensure companies participating in the initiative have access to the necessary information to reach their goals.

“Quantis is thrilled to serve as the initiative’s consultancy, ensuring the commitments are based on science and providing members with robust tools and guidelines to best deliver on them,” said Emmanuel Hembert, Global Cosmetics Lead at Quantis.

Through the initiative, Cosmetics Europe will provide top-notch tools and guidelines to support companies in delivering their sustainability commitments. On an annual basis, the association plans to report on the overall action against the commitments to demonstrate industry progress and positive environmental impact.

For more details on Commit for Our Planet, visit www.commitforourplanet.cosmeticseurope.eu.

* Commit for Our Planet Initiative Partners to date: 

AVA Cosmetic Laboratory, Babaria, Beiersdorf, Börlind, Bruno Vassari, Colgate Palmolive, Cosnova, Coty, Dalli Group, Floslek, Gardiner Family Apothecary (Elave), Global Cosmed, Henkel, Keune, L’Oréal, La Biosthétique, LVMH, MartiDerm, NAOS, Natura Bissé, Salerm Cosmetics, Schwan Cosmetics, SystemKosmetik, Unilever, WALA, and Weleda. 

Commit for Our Planet Initiative Supporting Partners to date: 

Dutch Cosmetics Association (NCV); German Cosmetic, Toiletry, Perfumery and Detergent Association (IKW); Polish Union of Cosmetics Industry (Kosmetyczni); Romanian Union of Cosmetics and Detergent Manufacturers (RUCODEM); and Spanish Cosmetics, Toiletry and Perfumery Association (STANPA). 

About Cosmetics Europe 

Cosmetics Europe is the European trade association for the cosmetics and personal care industry. For nearly 60 years, Cosmetics Europe has been the voice of the cosmetics and personal care industry in Europe. Our members include cosmetics and personal care manufacturers as well as associations representing our industry at national level, right across Europe. 

For more information, please consult Cosmetics Europe website.

About Quantis

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance.  

With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

Discover Quantis at www.quantis.com.

In brief:

• BCG to acquire Quantis to further strengthen climate and sustainability (C&S) expertise and transformation capability
• Quantis currently helps global companies to better understand their climate, biodiversity, water, land, and plastics footprints; and develops and delivers bespoke strategies to align with the planet’s boundaries
• Together, BCG and Quantis will lead the global transformation toward a new planetary economy in which business gives nature a seat at the table

BOSTON, September 15, 2022 — Boston Consulting Group (BCG), the leading global strategy consultancy has announced a deal to acquire Quantis, a pioneering environmental sustainability consultancy guiding many of the world’s largest organizations on their sustainability transformation. The parties expect the acquisition to close later this month.

Quantis was founded in 2006 and has since grown to more than 270 environmental experts and transformation specialists primarily based in Europe and the US. The global consultancy has a proven track record of implementing a science-based, systems-level approach to accelerate sustainable business transformation to operate within planetary boundaries. Quantis is recognized for driving innovative solutions to critical and diverse environmental challenges, from climate change and biodiversity loss to water scarcity, deforestation, and plastics pollution. Quantis will operate as a standalone business unit within BCG and will retain its brand and leadership team.

“Bringing together Quantis and BCG is an exciting step in strengthening our ability to help clients protect our planet and transform sustainably,” said Christoph Schweizer, BCG CEO. “Many of the CEOs I speak to want to take action but are looking for the kind of deep expertise our Quantis team offers to solve their complex problems. I am proud to welcome this accomplished and passionate team to BCG.”

“Combining BCG’s extensive industry knowledge and transformation capability with Quantis’ deep scientific expertise and solid sustainability reputation will create an unstoppable force to drive the shift from business as usual to business at its best,” said Dimitri Caudrelier, Quantis CEO. “The stakes for our planet have never been higher. This deal will enable us to take a critical leap towards achieving our vision for a new planetary economy. I am also thrilled about the opportunities it will create for Quantisians to raise their level of impact and grow professionally. Uniting with BCG will enable us to fast-track the science-driven sustainable transformation to which Quantis has been unwaveringly committed since our start.”

“In the face of ever-pressing environmental challenges, we keep investing boldly in our climate and sustainability market leadership,” said Schweizer. “In addition to strengthening BCG with the acquisition of Quantis, we plan to recruit thousands more climate and sustainability experts over the coming years and continuing to expand our network of partners.”

BCG was recently announced as the exclusive consulting partner for COP27, being held in Egypt in November, providing analytical capabilities and industry insights from its extensive experience helping companies, governments, and multilateral organizations accelerate their climate and sustainability journey. BCG’s support for COP27 complements its longstanding support for the global climate agenda through partnerships with the World Economic Forum, UN Climate Change High-Level Champions, successive COP presidencies, SBTi (Science Based Targets initiative), CDP (Carbon Disclosure Project), Breakthrough Energy Catalyst, and First Movers Coalition.

Media Contacts:

BCG: Brian Bannister, +44 7919 393753, bannister.brian@bcg.com
Quantis: Johanna Steves, +33 6 58 65 02 66, johanna.steves@quantis-intl.com

ABOUT BOSTON CONSULTING GROUP

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

ABOUT QUANTIS

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance.

With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

Discover Quantis at www.quantis.com

LONDON, UK / BERLIN & HAMBURG, GERMANY (20 JULY 2022) – ABOUT YOU, YOOX NET-A-PORTER and ZALANDO are teaming up and taking action with a shared aim to reduce carbon emissions within their value chains and across the fashion industry. The three online retailers are launching an online learning platform to support their brand partners in setting climate targets aligned with science, to reduce their greenhouse gas emissions. The work forms a critical part of the three retailers’ own respective climate journeys, with each having already set ambitious reduction targets themselves through the Science Based Targets initiative (SBTi).

The customised program will be available to ABOUT YOU, YOOX NET-A-PORTER and ZALANDO brand partners at no cost and is designed to explain the value and process behind setting climate targets. It will provide step-by step learning on how to unlock the journey of measuring emissions, set ambitious targets that align with climate science, and submit them for approval to the Science Based Targets initiative. It will also provide a dedicated space for fashion brands to engage with one another and with sustainability experts.

While each of the three online retailers are committed to reducing their own direct emissions significantly, between 70% to 90% of the fashion footprint comes from upstream supply chain activities, such as material production, preparation, and processing. The initiative therefore serves two main goals: to scale climate action across the industry for a broader impact and systems transformation, whilst also contributing to reduction of the three online retailers’ own value chain (Scope 3) emissions.

Amid calls for industry players to take an ambitious position on climate action, science-based targets validated by the SBTi are internationally recognised and provide companies with clearly defined pathways to reduce their carbon emissions while future-proofing growth, adapting to a changing regulatory landscape, boosting investor confidence, and spurring innovation.

“We see an industry-changing momentum in aligning greenhouse gas emission reduction pathways with science. More than 1,500 companies had their targets approved by the SBTi as of July 2022. We have set science-based targets approved by the SBTi and are benefitting from our efforts now. 46.6% of our partners on greenhouse gas emissions had their targets approved by February 2022. We invite the remaining business partners to do the same.”, stated Hannes Wiese, co-founder and co-CEO at ABOUT YOU.

“Our commitment to climate action can only be realised through innovative partnership. This next step prioritises investing in brand partners at different stages in their climate journeys, supporting them to set their science-based targets. By collaborating with ABOUT YOU and ZALANDO, together we can drive a more consistent approach in our efforts towards reducing the emissions of luxury and fashion,” said Geoffroy Lefebvre, CEO at YOOX NET-A-PORTER.

“Decarbonizing supply chains in partnership with suppliers, brands, logistics, packaging partners and now also our competitors is a powerful lever for driving meaningful change in the fashion industry. We aim for 90% of our partners (by emissions) to set science-based targets by 2025, and the new learning platform is a key initiative towards realising this ambitious goal.”, says David Schneider, Co-CEO at Zalando.

The initiative, which is antitrust-compliant and run in collaboration with Quantis, a leading environmental sustainability consultancy with climate expertise, will be launched as a pilot with selected brand partners in Autumn 2022. In 2023, it will become available to all eligible brand partners. Looking forward, the three online retailers see potential for the platform to become an industry-wide initiative open to all interested fashion brands and retailers committed to ambitious climate action and creating a more sustainable future for fashion.

Note to Editors: The learning platform is part of an industry-led, antitrust-compliant initiative created by ABOUT YOU, YOOX NET-A-PORTER and ZALANDO. While it is not sponsored by the Science Based Targets initiative (SBTi), the content is fully aligned with the latest SBTi guidance and criteria. The learning journey is curated by Quantis, a leading environmental sustainability consultancy that has guided over 60 companies along their science-based targets calculation journey.

For press enquiries please contact:

Ann-Christine Klesper, presse@aboutyou.de;

Nicola Surgett, press@ynap.com;

Lars Müller, press@zalando.com;

Emanuela Boem, press@quantis-intl.com

ABOUT ABOUT YOU

ABOUT YOU digitises the classic shopping stroll by creating an inspiring and personalised shopping experience on the smartphone. At ABOUT YOU, the focus is on the customers, who are supported in expressing themselves individually through fashion. On the website aboutyou.com and the multi-award winning ABOUT YOU app, customers find versatile inspiration and more than 500,000 items from over 3,500 brands. With more than 45 million unique active users per month, ABOUT YOU is one of the largest fashion and lifestyle platforms in Europe. It is currently active in 26 European markets. With SCAYLE, the fashion tech company also offers its own e-commerce infrastructure as a licensed product. The shares of ABOUT YOU are listed on the Frankfurt Stock Exchange and were admitted to the SDAX® index in September 2021.

ABOUT YOOX NET-A-PORTER

YOOX NET-A-PORTER is a leading online luxury and fashion retail business. Made up of four multi-brand online stores, NET-A-PORTER, MR PORTER, THE OUTNET and YOOX, it connects customers to the world’s most coveted brands, bringing them outstanding style and impeccable service. In addition, YOOX NET-A-PORTER’s Online Flagship Stores partner with world leading luxury brands to power their own e-commerce destinations.

With 5.3 million customers in 180 countries, YOOX NET-A-PORTER takes a localised approach to serving its clientele around the globe through its network of offices and operations across the U.S., Europe, APAC and joint ventures with Alibaba in China and Symphony Investments in the Middle East.

Across its operations is YOOX NET A PORTER’s Infinity 2030 strategy, its long-term commitment to drive a more sustainable and circular fashion system. Leveraging more than 20 years of data and insights, YOOX NET-A-PORTER continues to embrace next generation technologies including A.I., augmented reality and digital ID to evolve and elevate the customer journey.

YOOX NET-A-PORTER is part of Richemont. Geoffroy Lefebvre is the CEO.

For more information about YOOX NET-A-PORTER visit www.ynap.com

ABOUT ZALANDO

Zalando (https://corporate.zalando.com) is a leading European online platform for fashion and lifestyle. Founded in Berlin in 2008, we bring head-to-toe fashion to almost 49 million active customers in 25 markets, offering clothing, footwear, accessories, and beauty. The assortment of international brands ranges from world famous names to local labels. Our platform is a one-stop fashion destination for inspiration, innovation, and interaction. As Europe’s most fashionable tech company, we work hard to find digital solutions for every aspect of the fashion journey: for our customers, partners and every valuable player in the Zalando story. Our vision is to be the Starting Point for Fashion and a sustainable platform with a net-positive impact for people and the planet.

ABOUT QUANTIS

Quantis is a global sustainability consultancy pioneering approaches to solve critical environmental challenges. The group partners with leading consumer goods and financial services organizations who are serious about reducing their environmental impacts to future-proof their businesses and prosper in a new planetary economy. Quantis’ unique approach combines deep environmental expertise, strategic business knowledge, and enterprise transformation skills to help organizations shape policies, practices and business models that align with the planet’s capacity while building resilience, unlocking innovation, and optimizing performance.

With offices in the US, France, Switzerland, Germany and Italy and clients around the world, Quantis is a key partner in inspiring sustainable change on a global scale.

Discover Quantis at www.quantis.com

36 cosmetics and personal care companies as well as professional associations have joined forces to form the EcoBeautyScore Consortium, aiming to develop an industry-wide environmental impact assessment and scoring system for cosmetics products.

With small and large companies and associations from 4 continents, the EcoBeautyScore Consortium is truly global and inclusive. It remains open for other companies and associations to join.

The 36 members so far include: Amorepacific, Babor, Beiersdorf, Colgate-Palmolive, Cosmébio, COSMED, Cosmetic Valley, Cosmetics Europe, cosnova, Coty, The Estée Lauder Companies, Eugène Perma, FEBEA, The Fragrance Creators Association, Henkel, IKW Beauty Care, The International Fragrance Association, Johnson & Johnson Consumer Inc., JUST International AG, Kao, L’Oréal Groupe, LVMH, Nafigate, NAOS, Natrue, Natura &Co, NOHBA, Oriflame, P&G, Paragon Nordic, Puig, PZ Cussons, Shiseido, Sisley, STANPA, Unilever.

Global sustainability consultancy Quantis announces the development of a new methodology — Ecosystem AnalytiQs — to enable corporate action to halt biodiversity loss through the quantification of company-driven impacts on nature.

While climate change has become a major concern for businesses, biodiversity has yet to reach the same level of priority, despite their inextricable link. Companies face major hurdles to effectively measure and manage biodiversity — which requires local considerations — at the corporate scale. Challenges related to connecting local conservation efforts to corporate value chains and the complex nature of global supply chains are significant.

March 30, 2021 – Global sustainability consulting firm Quantis has launched eQopack — a software as a service (SaaS) tool that embeds ecodesign into the packaging development process. Using robust environmental data, eQopack allows designers and engineers to measure the footprint of packaging, enabling smarter, more sustainable decision-making.

Sustainable packaging has become a priority among consumers who are increasingly aware of the environmental consequences wrapped up in their daily purchases. As a result, companies are making ambitious commitments for more sustainable packaging. To truly reduce the environmental impacts, businesses must look beyond simply replacing one material with another that seems less harmful in theory, and take a systems-level, science-based approach. eQopack allows users to consider environmental factors, such as climate change and land and water use, across the packaging solution’s entire lifecycle — from raw materials to end of life. In addition, designers can use the tool to assess packaging options with indicators like reusability, recycled content, pack to product weight ratio and more, and generate an environmental performance score to help guide decision-making.

Environmental sustainability consulting firm Quantis today joins nearly 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD).