The Scandinavian Textile Initiative For Climate Action (STICA)
Guidelines & Annual Reports
The Scandinavian Textile Initiative For Climate Action (STICA)
Guidelines & Annual Reports
To ensure transparency and accountability, STICA publishes an annual progress report in which signatory member companies disclose their GHG emissions for the previous year. Below you will find the latest Progress Reports as well as our reporting guidelines, target setting requirements and a description of the strengths and weaknesses of our calculation and reporting methodologies.
The annual report of the STICA Company Climate Action Program presents individual company disclosures and aggregate data on the progress of signatory members’ Climate Action Transition Plans, based on emissions data from their most recent financial year. It also provides an analysis and general conclusions drawn by the Sustainable Fashion Academy (SFA).
Included in this disclosure report is the Greenhouse Gas Emissions Reporting for STICA member companies for fiscal year 2022 and 2022/2023 (for companies with irregular fiscal years). The title of the document reflects the fact that the information presented includes only greenhouse emissions data and progress towards members’ targets and not analysis and recommendations. A more detailed analysis of company progress will be published separately.
In April 2022, STICA published an annual report in which a majority of member companies disclosed the full scope of their GHG emissions for 2020. You can access this report in the previous post. It includes updates from the initiative overall, as well as testimonials and policy recommendations. However, to ensure we are providing the most recent data available, we have published this additional abbreviated progress update. Stakeholders can now access the most recent GHG emissions data from STICA member companies for 2021.
Our second Progress Report has now been published and is available for download. In this report, a majority of STICA member companies present their greenhouse gas emissions for Scopes 1, 2 and 3 activities, as well as disclose their targets. The report also includes a number of other important sections, including a discussion on strengths and limitations of the STICA methodology, an analysis of some of the key challenges companies and the industry are facing, and a call to action for policy makers.
Our first Progress Report has now been published and is available for download. In this report, we summarize the first steps taken by STICA member companies regarding climate action and reporting, presenting their greenhouse gas emissions from their Scopes 1 and 2 activities. Next year company members will be required to present their greenhouse gas emissions for Scopes 1, 2 and 3. They will also be asked to commit to targets aligned with what is required to stay within a 1.5°C pathway.