GlobalData offers a comprehensive analysis of Trent, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Trent‘s ESG performance. GlobalData’s company profile on Trent offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Trent, a company involved in apparel production, is committed to reducing its greenhouse gas (GHG) emissions. In alignment with the Sustainable Development Goals (SDGs), Trent is dedicated to the objective of "designing and delivering fashion & lifestyle brands – responsibly." The Sustainability Framework centers on Resource Efficiency, Sustainable Logistics, Product Stewardship, Social, Governance, and Corporate Social Responsibility (CSR). As an initial measure in this direction, Trent has submitted its application for the Carbon Disclosure Protocol (CDP) for FY22. During the 2022-23 period, the company's collective Scope 1 emissions total 7,968 metric tonnes of CO2 equivalent, with the total Scope 2 emissions reaching 41,298 metric tonnes of CO2 equivalent.
Trent is committed to safe and responsible usage of its products, with all apparel carrying wash care labels containing instructions for safe usage. The company also focuses on recycling and safe disposal of its products, engaging with third-party vendors to refurbish and resell items to prevent them from going to landfill.
In terms of energy consumption, the company has mentioned an increase in total electricity consumption from non-renewable sources, attributed to changes in the definition of scope 1 emissions. The company is committed to reducing its reliance on fossil fuels and has invested in renewable energy for distribution centers, powered by solar energy. The goal is to achieve a 25% reduction in energy consumption per square foot and increase the use of renewable sources. As business grows, Trent is focused on improving supply chain efficiencies to reduce emissions per garment shipped.
Trent has taken several steps in its efforts to protect the environment. The company has implemented waste recycling initiatives, sending various types of waste, including plastic, metal, paper, and corrugated waste, for recycling. This has resulted in zero waste going to landfills from over 200 stores. Additionally, Trent utilizes waste fabric generated during manufacturing to make durable shopping bags sold in its stores. Trent is actively managing its waste, partnering with CPCB certified vendors for the recycling of plastic and other non-hazardous waste. The company also obtains recycling certificates, disposal reports, and green certificates for e-waste.
In conclusion, Trent is steadfast in its commitment to reducing greenhouse gas emissions and upholding sustainability. The company not only implements waste recycling initiatives and practices safe disposal but also actively invests in renewable energy to further its environmental goals. Trent is focused on reducing both scope 1 and scope 2 emissions, demonstrating a proactive approach to address its environmental impact and contribute to a more sustainable future.
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