Key highlights from Fiscal Year 2025 (FY25) include:
“Guided by Ralph’s vision of timelessness, our citizenship and sustainability work is fundamentally about supporting the longevity of our business and the resilience of the people and resources that enable it,” said Katie Ioanilli, Chief Global Impact & Communications Officer, Ralph Lauren Corporation. “Over the last three years, we’ve sharpened our focus, deepened our partnerships and evolved how we work to further embed our approach and progress into our business and culture.”
The Company also shared that it will evolve its approach to climate as part of its ongoing commitment to decarbonization. Ralph Lauren will retire its 2040 net-zero goal in favor of setting rolling five-year GHG reduction milestones, with a near-term focus on its current SBTi-validated 2030 goal to reduce emissions by 30% from its FY20 baseline.
This approach is intended to deliver impactful results and drive accountability as Ralph Lauren works together with industry, government and other partners to advance infrastructure and innovation that will support decarbonization at scale. The Company will continue to follow a science-based methodology aligned with the Paris Agreement. It will also continue to support programs like the Future Supplier Initiative — a collective financing mechanism facilitated by The Fashion Pact in partnership with Apparel Impact Institute (Aii), Guidehouse and DBS Bank — to decrease the cost of capital to fund supplier decarbonization efforts.
“Ralph Lauren is setting progressive goals that keep the Company focused on science-based decarbonization methods while also accounting for the maturity of the wider ecosystem and regulatory environment,” said Lewis Perkins, President and CEO, Apparel Impact Institute. “Their investments in Aii are exactly the kind of measurable, on-the-ground efforts that drive meaningful decarbonization outcomes.”
The full FY25 Global Citizenship & Sustainability Report and Supplement are available on the Company’s website, featuring an enhanced reporting framework partially aligned with future regulations.
Ralph Lauren will share updates on its Calendar Year 2025 goals in early 2026. The Company will also detail the next chapter of its Timeless by Design strategy in early 2026, which will build on its work to operationalize key commitments throughout its business.
ALCHEMPro News Desk (RM)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!