United Arrows Achieves Prestigious CDP Recognition for Supplier Engagement
United Arrows, a leading Japanese fashion retailer based in Shibuya, Tokyo, has recently received the highest accolade in the Supplier Engagement Rating from the global nonprofit organization CDP for the second consecutive year. Under the leadership of CEO Yoshinori Matsuzaki, the company has been recognized as an 'A List Company' in the ongoing efforts to tackle climate change and foster sustainable practices within its supply chain.
Understanding CDP and Its Importance
CDP operates a robust environmental disclosure platform that is well-respected on a global scale. Engaging with about 23,000 companies worldwide, CDP collaborates with institutional investors concerned about environmental issues to evaluate corporate efforts on greenhouse gas emissions and sustainability practices. The Supplier Engagement Rating assesses how well companies work alongside their suppliers to mitigate greenhouse gas (GHG) emissions in their supply chains.
Achieving an 'A List' rating is not merely an accolade; it signifies exemplary leadership in addressing these critical challenges. United Arrows’ commitment to sustainability is encapsulated in its strategic initiative, SARROWS, which emphasizes innovative approaches to environmental responsibility.
The SARROWS Initiative
The SARROWS initiative combines the 'S' from ‘Sustainability’ and the 'A’ from ‘ARROWS’, representing a dedicated focus on sustainable practices integrated into their business model. In 2020, United Arrows outlined a comprehensive sustainability framework centered around five key themes and sixteen materiality issues that define their approach. In August 2022, the company set three ambitious activity goals aimed at helping the organization and its supply chain evolve toward a sustainable future:
1.
Circularity: Pioneering a fashion ecosystem that prioritizes sustainability and resource efficiency.
2.
Carbon Neutrality: Committing to a future with net-zero carbon emissions.
3.
Humanity: Fostering healthier work and living environments for all stakeholders.
These goals are not merely aspirational; they come with specific numerical targets to measure progress and accountability. The recognition from CDP is a direct result of the effective measures instituted under these goals, particularly regarding environmental strategies in the supply chain.
Collaborative Efforts for Future Success
In addition to the 'A List' recognition, United Arrows secured a leadership rating of ‘A-’ (A minus) in the categories of Climate Change and Water Security, further underscoring their commitment to environmental stewardship. As they continue to advance their sustainability strategies, they aim to resolve various social and environmental challenges inherent in their business activities, ensuring that transparency remains a priority in their operations.
Moving Forward
United Arrows exemplifies a forward-thinking retailer that understands the importance of sustainable practices. The company’s investments in its SARROWS initiative not only reflect a commitment to sustainability but also resonate with a growing consumer base that values ethical consumption. As United Arrows progresses through its sustainability journey, they intend to actively communicate their advancements and challenges to stakeholders, fostering an inclusive dialogue about responsible business practices.
About United Arrows
Founded in 1989, United Arrows operates a selection of designer brands and original clothing for men and women, blending style and sustainability. They manage multiple labels such as United Arrows, Beauty & Youth United Arrows, and United Arrows Green Label Relaxing. Their unique retail approach and commitment to sustainability position them as leaders in the Japanese fashion industry. Their continuous pursuit of excellence in both product offerings and corporate responsibility reflects their dedication to creating a more sustainable future for all.