Fast Retailing Intensifies Climate Goals with 30% Emission Reduction Target for 2030

Fast Retailing raises its sustainability targets. The Japanese group that owns Uniqlo has increased its target for reducing indirect greenhouse gas emissions in its supply chain by 2030, which it now plans to cut by 30%.

The company’s new target exceeds by ten points Fast Retailing’s initial forecasts set in 2019, when the group set a target of reducing its Scope 3 greenhouse gas emissions by 20%. These types of emissions stand as the main source of emissions for companies, including production processes such as the manufacture of fabrics and the packaging of products.

Fast Retailing has updated its forecast after achieving a reduction of up to 18.6% in its greenhouse gas emissions by the end of 2024. The company will achieve its target through “factory-focused initiatives, such as reducing carbon use, accelerating the transition to renewable energy and improving the use of renewable energy.The company will achieve its goal through “factory-focused initiatives such as reducing coal use, accelerating the transition to renewable energy and improving energy efficiency, as well as through increased use of lower-emission materials,“ the company said in a statement.

Fast Retailing posted a record in its latest annual results, published in August, reaching a turnover of $21.8 billion 

Koji Yanai, group CEO, noted that “during fiscal 2025, we have moved forward to realize our vision of creating a new industry. One of our key achievements, thanks to collaboration with our production partners, is the pace of progress in reducing emissions in our supply chain, which is ahead of the pace set and has enabled us to set a higher target.“

The Japanese company launched a traceability-related project this year to source wool from specific farms located in Australia, which also included the use of specific spinning mills for cotton products andthe introduction of 100% cashmere garments.

Fast Retailing concluded its last fiscal year last August with its fourth consecutive annual record. The company, which owns Uniqlo, posted revenue of 3.4 trillion yen ($21.8 billion), up 12.81% from 2024. The group’s operating income amounted to 564.2 billion yen ($3.63 billion), an increase of 13% over the previous year, and net attributable profit rose 26.39% to 433 billion yen ($2.78 billion ).