Footwear brand Crocs Inc has pushed back its net-zero target to 2040 after recording a 45.5% increase in absolute emissions year-on-year.
Crocs, which is based in the US and sells shoes globally, posted the updated climate in its latest environmental, social and governance (ESG) report late last week.
The report states that Crocs’ initial commitment to net-zero across by 2030, made in 2021, was “neither fast nor vast enough”.
Nonetheless, it has amended the commitment to net-zero across all emissions scopes by 2040. The report states that, when the initial 2030 goal was announced, Crocs had not completed its acquisition of HEYDUDE nor had it completed a comprehensive baseline of its greenhouse gas emissions.