Condé Nast: zero emissions by 2030
Condé Nast today announced the next phase of its long-term global sustainability commitment, sharing its sustainability assessment and five-year strategy. The company aims to completely eliminate emissions by 2030. To begin with, by 2021 Condé Nast will undertake to reduce by 20% the greenhouse gas (GHG) emissions produced by the company and by 10% those deriving from the chain digital and paper supply.
"In Condé Nast we believe that the health of people, our businesses and the planet is intertwined. We cannot worry about one and ignore the other. We also think that the credibility of our environmental journalism depends on our will, as a company, to improve our activities and our distribution chain in order to drastically reduce the emission of carbon dioxide and waste. Our five-year sustainability strategy demonstrates the commitment of our teams on all continents to lead by example, to work with our industry partners and to use the global influence of our brands to inspire collective action " said Wolfgang Blau, Chief Operating Officer and International President of Condé Nast.
Condé Nast's five-year sustainability strategy involves all areas of the business, with the ultimate goal of mitigating its global ecological footprint by reducing emissions or, if not possible, the respective compensation. The company also aims to encourage consumers to take concrete climate actions, as well as to promote the adoption of positive changes throughout the supply chain with their partners. The strategy and the resulting measures concern four fundamental areas of intervention:
Results of the sustainability assessment
Condé Nast's first assessment of greenhouse gas emissions and the use of materials took into consideration the company structures present in all 12 of its markets, the entire supply chain and the use of paper and packaging in plastic in the production of magazines. The evaluation revealed the following:
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In 2018, Condé Nast generated GHG emissions of ~ 341,233 tons of carbon dioxide equivalent (CO2e). Of these, 8% derive from the company's work and 92% from the supply chain.
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96% of the 35,000 tons of paper used in 2018 has been fully certified through the Program for the Endorsement of Forest Certification (PEFC) and the Forest Stewardship Council (FSC).
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In 2018 they were used 440 tons of disposable plastic for packaging magazines.
Condé Nast's detailed sustainability assessment is available on condenast.com/sustainability-strategy.
In 2019, Condé Nast became the first media company to sign the Fashion Industry Charter for Global Climate Action and declared its commitment within the Ellen MacArthur Foundation New Plastics Economy Global Commitment.
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