Burberry builds on climate commitment with new biodiversity strategy
The company’s biodiversity strategy will ‘expand the scope of its current initiatives’, applying a nature-based approach in its own value chain and in areas of ‘greatest’ need beyond its operations
Burberry has announced its biodiversity strategy to support global conservation efforts, adding it will “take action to protect, restore and regenerate nature, helping to slow further global warming”.
It revealed its biodiversity strategy encompasses three focus areas: protecting and restoring nature within Burberry’s own value chain; expanding support for farming communities and developing regenerative supply chains.
According to Burberry, building on its recent commitment to become climate positive by 2040, the company’s biodiversity strategy will “expand the scope of its current initiatives”, applying a nature-based approach in its own value chain and in areas of greatest need beyond its operations.
Aligned to the “ARRRT” framework, the strategy covers four impact areas that build upon Burberry’s established programmes: avoid negative impacts on biodiversity, conservation or the environment; reduce Burberry’s impact on biodiversity through the responsible sourcing of key raw materials; restore and regenerate ecosystems within the firm’s own value chain and transform solutions to drive change and protect vulnerable ecosystems.
Dr. Gerry Murphy, chair of Burberry, said: “Climate change is not just a future environmental risk, it’s a socioeconomic crisis that is impacting millions around the world today. Protecting, restoring and regenerating nature is key to safeguarding the planet for generations to come, and we must be ambitious in our intentions and action-oriented in our approach.
“Burberry’s biodiversity strategy will not only address impacts in our own extended operations, but also help to create new systems to reduce biodiversity loss in the world’s greatest areas of need, making a meaningful contribution to global conservation efforts.”
