Fast Retailing held its LifeWear = a New Industry briefing for media and analysts, the fifth such annual briefing by the company. At the briefings, Fast Retailing spokespeople provide information and updates about the company's vision to pursue a business model that combines sustainability and business growth. During the briefing, the company announced that it would raise its target to cut greenhouse gas (GHG) emissions in its supply chain by FY2030 (ending August 2030), from 20% to 30%.
The briefing also included an overview of a new traceability initiative by Fast Retailing: a project to source wool from specified farms, strengthening animal welfare, environmental, human rights and occupational safety safeguards. In addition, the company also provided progress updates on its efforts to meet FY2030 targets in key areas of sustainability, and the implementation of partnerships with supplier factories at production sites.
Koji Yanai, Fast Retailing Group Senior Executive Officer, said, "During FY2025, Fast Retailing steadily continued advancing efforts to realize our vision of creating a new industry through our concept of LifeWear. One of our major achievements, made possible through close collaboration with our production partners, is the pace of progress in reducing GHG emissions in our supply chain, which is ahead of schedule and has allowed us to set a higher target. In addition, the PEACE FOR ALL charity T-shirt project, launched in 2022, has received broad support from customers around the world, with total donations over three years exceeding 2.5 billion yen. We will continue to pursue this new business model, centered around LifeWear, that allows us to contribute to sustainable development around the world."
Scope 3 GHG emissions reduction target raised to 30%
Previously, Fast Retailing set a target of reducing GHG emissions in its supply chain by 20% by 2030 (compared to August 2019 levels). By working closely with production partners, as of FY2024 the company had achieved a reduction of 18.6%. Since the company now expects to meet its original target ahead of schedule, it has raised its target to 30% by FY2030. Fast Retailing plans to meet the new goal, which is consistent with science-based targets, through factory-focused initiatives such as reducing the use of coal, accelerating the transition to renewable energy, and improving energy efficiency, as well as through expanded use of materials that generate fewer GHG emissions.
Project launched to source wool from specified farms
In 2025, Fast Retailing launched a new traceability-related project to source wool from specified farms in Australia. The company has additionally launched a trial audit program of specified farms to confirm that there are no serious issues in terms of animal welfare, environmental impact, human rights, and occupational safety. This project is part of Fast Retailing's ongoing efforts to enhance visibility throughout its supply chain, from the raw material procurement level to final product, and apply its own standards for quality, procurement, production structure, and environmental and human rights measures to all processes. Previous measures include the use of specified spinning mills for cotton products, and the introduction of regular audits, begun in 2023. In 2024, Fast Retailing specified suppliers involved in the production of 100% cashmere products, and from Fall/Winter 2024, the company began conducting regular traceability audits at wool washing (scouring) plants and spinning mills.
Highlights of Fast Retailing's initiatives, and its efforts and progress toward meeting its FY2030 sustainability targets, are as follows.
Progress toward meeting key targets for FY2030
Building a supply chain for sustainable growth
Social contribution activities
Main initiatives for the continued utilization of LifeWear
Diversity & inclusion
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