Promoting renewable energies in Asia through certified climate protection projects
Our contribution to the “Way-2-Zero”
We are committed to Bangladesh
It has been our key sourcing country for more than 20 years which is reflected in many supplier partnerships and a deep connection to its people.
Some of our 2020 emissions were inevitable. One of the projects we support to compensate for them is an offset project in Bangladesh. Supported by ClimatePartner, we invest in the distribution of clean cookstoves to a large number of families. So far, more than 500,000 families already live healthier lives because they no longer cook on open fires and breathe cleaner air. The clean cookstoves also save a lot of fuel and cut down on carbon emissions.
The Bhondu Chula project is certified against the Gold Standard VER, saving and offsetting 350,000 t CO2 annually.
You can find more detailed information on the project at:
www.climatepartner.com/1093
UN Sustainable Development Goals (SDGs) of our certified climate protection projects:
SDG 7: Ensure access to affordable, reliable, sustainable and modern energy for all
SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
SDG 13: Take urgent action to combat climate change and its impacts
We want to make our textile production more and more sustainable and significantly reduce our company's carbon footprint. In this context, we have been calculating our corporate carbon footprint annually since 2020 and supporting – also annually – selected climate protection projects certified according to international standards that contribute to the “Way-2-Zero” goal, thereby offsetting 100% of our unavoidable emissions.
Our project selection for offsetting emissions from 2023: expansion of renewable energies in Asia
We have decided to support renewable energy projects because these sustainable energy sources contribute to climate protection in a variety of ways – by avoiding and reducing greenhouse gas emissions.
These climate protection projects generate the resources needed to drive forward the development of sustainable technologies. Projects in several Asian countries are supported. It consists of the following climate protection projects certified according to the “Gold Standard” or the “Verified Carbon Standard”:
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Wind energy projects in India, China, Indonesia and Turkey
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Solar energy projects in India and China
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Hydropower projects in Turkey and Sri Lanka
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Biogas and biomass projects in India, China and Thailand
The path to “zero emissions”
In addition to reducing CO₂ emissions, these energy sources have a decisive advantage over fossil fuels: solar, wind and hydroelectric power are permanently available and generate electricity without releasing CO₂.
In addition, they do not release any pollutants and thus contribute to a cleaner environment and better air quality. Renewable energies can often also be used decentrally, e.g. through solar panels on roofs or smaller wind turbines. These decentralized systems enable more efficient use of energy locally and at the same time reduce the need for fossil fuel power plants.
A green economy also contributes to social and economic stability while promoting environmentally friendly innovations. This is because the expansion of renewable energies creates numerous jobs in areas such as installation, maintenance and research.
Renewable energies are significantly more environmentally friendly. They require less intervention in nature and thus contribute to the protection of biodiversity.
Challenge and goal of the “Way-2-Zero”
With our support, we want to emphasize the central role of renewable energies in the fight against climate change and make a corresponding contribution. After all, they offer exactly the clean, sustainable and environmentally friendly alternative to fossil fuels that reduces greenhouse gas emissions and helps us all on the ‘Way-2-Zero’ to slow down global warming.
