Ralph Lauren Corporation Supports Bold U.S. Climate Policy Action

Published Nov 2, 2021

Climate change is one of the defining and most challenging issues of our time. Tackling this crisis in a meaningful way will require innovation, collaboration and advancements in technology. Given its complexity, no single country, group or corporation can solve the climate crisis. We need strong, coordinated action from industry, governments and civil society — in every corner of the globe — to deliver the changes that will help reduce our climate impact and create a more sustainable future for generations.

Ralph Lauren believes that the United States must play a leading role in the transition to a low-carbon world. The United States’ recent commitment to reduce emissions by 50-52% by 2030 is an important step on the pathway to achieving net-zero GHG emissions by no later than 2050 and of limiting global warming to 1.5°C. However, to achieve this commitment and meet the goals of the Paris Agreement, there is a need for strong federal climate policies.

Ralph Lauren Corporation supports investments in a low-carbon economy, which include establishing the Clean Electricity Performance Program, extending renewable energy tax incentives and investing in electric transmission infrastructure. These actions would deliver systemic change that can bring the United States closer to a carbon-free future. The Company also supports complementary and alternative policies that are aligned with achieving a 1.5°C future and further incentivize businesses to drive low-carbon technologies. These include the establishment of a clean electricity standard and placing a price on carbon emissions.

As part of Ralph Lauren Corporation’s commitment to the climate goals outlined in the Paris Agreement, the Company recently announced its goal to achieve net zero GHG emissions across its value chain by 2040. During the first stage of this transformative process, Ralph Lauren expects to use 100% renewable electricity in its stores, offices and distribution centers by 2025 and to reduce its absolute GHG emissions by 30% by 2030.

Learn more about Ralph Lauren’s commitment to climate action here and the Company’s citizenship and sustainability initiatives here.