2024 Progress Report for the STICA Company Climate Action Program

2024 Progress Report for the STICA Company Climate Action Program

Drawing of yarn around the globe
Type
Author
STICA
Publication Date
November, 2024
Country
Sweden
Language for original content
Key Area

The Sustainable Fashion Academy launched the Scandinavian Textile Initiative for Climate Action (STICA) in collaboration with various apparel and textile companies. STICA aims to ensure that the Nordic region and Europe reduce their climate impacts in line with the 1.5°C global warming pathway, while transforming their businesses and the industry.

Signatories to STICA undertake to set targets on scopes 1 to 3 and report back. The focus of this report is emissions reduction, and circular business models are presented as part of the solution. The information provided by the signatory companies as part of their reporting covers circular business models, breaking down how these contribute to scope 3 reduction and their place in the companies' climate action transition plans.