First Global Environmental Profit And Loss Report Released In 2015

After nearly 3 years of internal censorship, Stella McCartney announced its first 2015 global environmental profit and loss report (EP&L).

Since its establishment in 2001, the Stella McCartney brand has been committed to becoming a modern enterprise with a sense of social responsibility.

Beginning in 2013, we adopted the environmental profit and loss statement (EP&L) and the traditional profit and loss table (P&L) management tool to measure the impact of the whole supply chain business activities on the natural environmental costs, thereby making further improvement commitments.

In 2015,

Stella McCartney has announced double-digit growth in retail business throughout the year.

Sales in all product categories and all distribution channels grew well.

This momentum has promoted the double growth of the main business income and the main business profit, creating the best performance since the establishment of the brand.

The EP&L report shows that over the past three years, our impact has increased by 7%, or around 5 million 500 thousand pounds, in 2015.

At the same time, compared to the growth of the environmental profit and loss statement (EP&L), the environmental impact of each kilogram of material we adopted decreased by 35%.

The rate of reduction is quite significant.

In 2013, the average usage per kilogram of material was 11.82 pounds, which was 9.76 pounds per kilogram in 2014 and 7.69 pounds per kilogram in 2015.

This represents an overall decline of 35% in our environmental impact since 2013, mainly through procurement.

The change has been achieved.

Stella McCartney said:

"Fashion industry is not only a cool fashion, but also a trend of next season.

It is an industry that has an important influence on the earth's ecology.

Every day, I struggle with myself and everyone in my team to question ourselves and the whole industry: how can we do better? Can we be responsible for the products and manufacturing processes we manufacture? Our dream is to do better, but we must have a starting point to move forward.

So today we present this report, which is the starting point of the future journey. As you can see, we are not perfect, but one thing is better than nothing.

I look forward to the whole.

Join us, share with us, and jointly review the environmental footprint of this industry on earth for our future.

E P&L assessed the six aspects of environmental impact (greenhouse gas effects, air pollution, water pollution, waste of water resources, sewage treatment, and changes in ecosystem services, mainly referring to changes in the use of land resources), covering all of our business scope and supply chain, from raw material production to our own operation, until product sales to terminal consumers.

The results of E P&L show that the most important impact of the company on the environment is in the supply chain, accounting for 90%. The biggest impact is on the raw material stage, accounting for 57%.

Our direct control operation accounts for only 10%. "

Frederick Lukoff, brand CEO said:

"The E P&L, which we released this time, accurately reflects our" loss on account ".

And we have been striving to balance our environmental revenue and expenditure account.

We are making positive contributions to our environmental accounts by developing projects and resources that are truly beneficial to environmental protection. "

Stella McCartney, added:

"In the past three years, we have spent a lot of efforts to reduce the adverse impact of our environment. We have not yet achieved perfection, but we will persevere.

In addition to developing new ways to reduce damage, we have also begun to try to pform ideas, not only to reduce harm simply, but to bring measurable value for environmental improvement. We have many exciting projects under way and look forward to sharing them with everyone in the near future.

Stella McCartney is an environmentally-friendly "vegetarian" brand that never uses animal skins, fur, fur or feathers in all our products.

This is the decision we have always adhered to based on ethical and environmental impacts.

The release of the environmental profit and loss account (EP&L) in 2015 will help further demonstrate the environmental impact of animal leather on the business of Kai Yun group.

Through the environmental profit and loss statement (EP&L) report, we have been able to visually compare the different effects of leather substitute and leather.

The calculation method of E P&L is the direct manifestation of the direct impact of our direct control on production and operation as well as the impact of the entire supply chain on the environment in terms of monetary value.

This enables us to better optimize the management of the impact of our production and operation, including product design, procurement decisions and manufacturing R & D.