Climate change and energy

Committed to environmental sustainability

 

Our commitment to sustainability is based on the belief that, for our future growth, we need to actively address the challenges faced by the industry and the world in which we live. As the global climate crisis becomes a critical issue in our business activity, our sustainability priorities and areas of focus require even greater constant review as we work to set ambitious targets that allow us to achieve the commitments established in our Strategic ESG Plan as well as those that are inherent to our commitments with various initiatives.

Our goals

Circular economy

Working on the principles of circularity at all Tendam brands’ including using more sustainable materials, efficiency in processes, minimising resources, and recycling and extending the useful life of products.

Educating and raising awareness

Developing innovative approaches for our teams as well as educating the next generations of designers and raising consumers’ awareness of how they can participate in these global commitments.

Promoting intersectoral collaboration

Working with partners, competitors and suppliers, as well as support platforms, that allow for intersectoral collaboration to obtain key solutions that make greater impacts together viable and scalable.

Improving traceability and measurement

Improving internal traceability processes and measuring and monitoring results, as well as measuring the impacts of operations.

Climate change

We are committed to being part of the solution to the climate crisis so, building on our climate change strategy, we seek to achieve significant reduction targets across the value chain. We focus on three main areas: energy efficiency, renewable energy and CO2 emissions reduction.

Our goals

Circular economy

Working on the principles of circularity at all Tendam brands’ including using more sustainable materials, efficiency in processes, minimising resources, and recycling and extending the useful life of products.

Educating and raising awareness

Developing innovative approaches for our teams as well as educating the next generations of designers and raising consumers’ awareness of how they can participate in these global commitments.

Promoting intersectoral collaboration

Working with partners, competitors and suppliers, as well as support platforms, that allow for intersectoral collaboration to obtain key solutions that make greater impacts together viable and scalable.

Improving traceability and measurement

Improving internal traceability processes and measuring and monitoring results, as well as measuring the impacts of operations.

Climate change

We are committed to being part of the solution to the climate crisis so, building on our climate change strategy, we seek to achieve significant reduction targets across the value chain. We focus on three main areas: energy efficiency, renewable energy and CO2 emissions reduction.

Tendam Group Logo | Global Fashion retail

The company has made great progress in its commitment to fight against the climate change, aligning its goals with international initiatives that, through sectoral and multinational cooperation, join forces to achieve the challenge of decarbonisation by 2050.

The Fashion Pact

Fashion Pact logo | protecting the environment

Tendam has joined The Fashion Pact, the grand coalition of leading global fashion companies committed to shared key environmental goals based on the Paris Agreement goal of limiting the planet’s temperature rise to below 1.5ºC.

As part of its strategy to manage operations in the most efficient and environmentally friendly way, specific quantitative targets have been set to address the industry’s challenges regarding the fight against climate change,
protecting the oceans and biodiversity conservation. All of this is done within the framework of the Science Based
Targets (SBT) initiative.

Our firm commitment to this initiative has led us to join their Executive Committee as well as their Management Committee, actively participating in decision-making.

Business ambition for 1.5ºC

 

Regarding the 2019 United Nations climate change Conference (COP25), Tendam has been recognised by the United Nations Global Compact for joining the Business Ambition for 1.5ºC initiative which will set targets for reducing global temperature rise to 1.5ºC in accordance with the limit agreed upon by the scientific community to prevent the worst social and environmental impacts.

This commitment to a significant reduction of carbon for a future with net-zero emissions by 2050,

also shared by The Fashion Pact, is part of the most ambitious effort, carried out by companies that demonstrate leadership at a time of environmental, social and economic concern and uncertainty.

Business ambition for 1.5 degree 2030 agenda

Business ambition for 1.5ºC

Regarding the 2019 United Nations climate change Conference (COP25), Tendam has been recognised by the United Nations Global Compact for joining the Business Ambition for 1.5ºC initiative which will set targets for reducing global temperature rise to 1.5ºC in accordance with the limit agreed upon by the scientific community to prevent the worst social and environmental impacts.

This commitment to a significant reduction of carbon for a future with net-zero emissions by 2050, also shared by the Fashion Pact, is part of the most ambitious effort, carried out by companies that demonstrate leadership at a time of environmental, social and economic concern and uncertainty.

Business ambition for 1.5 degree 2030 agenda

UN Fashion Industry Charter for Climate Action

Global Climate Action 2030 agenda

In order to implement the principles of the Fashion Industry Charter for Climate Action, Tendam is committed to working together with stakeholders to achieve the targets that have been set.

Tendam has joined the Fashion Industry Charter for Climate Action, overseen by the United Nations climate change Office, to define action steps as well as to set an initial target to reduce GHG emissions by 30% by 2030 and other specific measures such as phasing out carbon sources in supply chains.

Renewable energy

We have achieved the renewable energy procurement commitment. During 2020, all the energy consumed for the group’s operations in Spain, which is 80% of the electricity purchased for its own operations, will be renewable.

The contract to supply renewable energy represents a total volumen of about 80GWh/year and covers the 800 stores that Tendam’s brands have in Spain as well as the group’s operational facilities in the country, its headquarters, and logistics centres.

100% of this energy is certified with Guarantee of Origin (GoOs) issued by the National Commission on Markets and Competition (CNMC, for its abbreviation in Spanish) during 2020.
This way, the carbon footprint will be significantly reduced as it will prevent the emission of an estimated 30,000 tonnes of CO2 into the atmosphere.

Renewable energy

We have achieved the renewable energy procurement commitment. During 2020, all the energy consumed for the group’s operations in Spain, which is 80% of the electricity purchased for its own operations, will be renewable.

The contract to supply renewable energy represents a total volumen of about 80GWh/year and covers the 800 stores that Tendam’s brands have in Spain as well as the group’s operational facilities in the country, its headquarters, and logistics centres.

100% of this energy is certified with Guarantee of Origin (GoOs) issued by the National Commission on Markets and Competition (CNMC, for its abbreviation in Spanish) during 2020.
This way, the carbon footprint will be significantly reduced as it will prevent the emission of an estimated 30,000 tonnes of CO2 into the atmosphere.

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