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Total Score

D+

Manufacturing Emissions Change

-10.4%

2023 Score

C

The company has achieved a 12% Scope 3 reduction from the previous year and communicated that it decreased supply chain emissions by 21.6% compared to its, albeit early, baseline of 2015.

The brand offers little evidence on how it is supporting suppliers directly with renewable energy adoption and feasibility studies, nor does it offer any supportive financing mechanisms. There must be more work completed to implement respectful procurement policies that support and enable manufacturers to invest in decarbonization. To improve its score, Asics must set a more ambitious supply chain renewable electricity target, set out interim targets towards net zero, heighten its shipping commitments and be more active on clean energy advocacy across the world.

Score Breakdown

Climate and Net Zero Targets
Scope 1 and 2: Yes – reduction in Scope 1 and 2 emissions by 63% by 2030. Earlier baseline of 2015.

Scope 3: Yes but earlier base year. Reduce indirect (Scope 3) CO2 emissions from purchased goods and services and end-of-life treatment of sold products by 63% by 2030 (2015 base year).

Mid-term (2035/2040) milestones: No notes on specific 2035 or 2040 interim targets

Net Zero Roadmap: Aims to be Net Zero by 2050. No detailed roadmap, though has plans to release one.

Renewable Energy Targets
Own operations RE target: Yes but doesn’t specify high impact. Brand has target is to switch to 100% renewable electricity in our business facilities by 2030

Supply chain RE target: No but does have target to switch to RE in production factories (85%) renewable energy sourcing at Tier 1 factories
Plus aiming for 50% energy saving compared with 2015 in Tier 1 factories.

Thermal Coal Phase Out
2030 Coal Phase-out Target: Has set target through UN Fashion Charter, although does not specifically publicise.

Thermal energy transition/ electrification: Has a Green Procurement policy requiring suppliers to use no coal, but does not provide further detail on process or current state of progress.

Transparency
Emissions data: Yes shares Scope 1 – 3 history and breakdown of Scope 3 category. No breakdown by country or tier.

Supply chain energy data: Asics provides limited information about its supply chain renewable electricity transition, reporting that 4.7% of electricity used in footwear strategic Tier 1 suppliers were generated from renewable energy in 2023, but does not provide a detailed breakdown or data on thermal energy.

Supplier lists published: No. Shares list for Tier 1 and Tier 2. No facilities listed in Bangladesh.

Supplier list link

Training, feasibility studies, and non-financial support for climate action
Asics reports engaging with suppliers to help them meet the requirements of the Green Procurement Policy, including “providing relevant information” about renewable energy sourcing, and reports that 80% of strategic footwear suppliers set and disclosed a climate target and 90% have RE sourcing plans.

Additional, targeted support for transition planning: No evidence

Financial Support for Decarbonization
Loans and financing: No evidence

Collective financing initiatives: No evidence

Direct/debt-free financing: No evidence

Responsible/equitable buying to enable climate action
Purchasing decisions incentivize climate action: Includes environmental standards in Supplier Code of Conduct. Compliance with environmental laws, establishing GHG reduction measures, procuring RE, tracking data

Equitable/long-term sourcing to enable climate action: No

Prices enable climate action: No

Climate Adaptation
Adaptation/worker just transition training funded or provided: No

Emergency support developed with local groups: No

Decarbonization Progress
Reducing manufacturing emissions: Compared with ’22 report has decreased scope 3 emissions. Brand says that Co2 e reduction rate in supply chain compares to 2015 baseline is 21.6%

Increasing supply chain renewable electricity: No

Coal phase out transition progress: No

Commitment to phase out fossil fuel-derived fibers
No. Broad goals to use ‘more sustainable materials, recycled or bio-based’. Goal for 100% recycled polyester by 2030. Progress on recycled polyester target: 40%

Deforestation-free materials
Leather: Yes – supports this through Leather Working Group and as part of biodiversity policy.

Man-made Cellulosic Fibers: No

Low-carbon materials
A few examples of next gen materials investment, including Cellulose nanofiber (CNF) made from plant biomass, and partnerships with Terracycle on closed loop shoe.

Increasing Circularity
Asics does not appear to have specific targets to increase the use of recycled, organic or regenerative cotton and wool. Offers resale through the ‘Road Tested’ platform.

Target & increase recycled cotton
No specific target, included in responsible sourcing goals.

100% recycled/organic/regen cotton + wool, report on progress
No specific target, included in responsible sourcing goals.

Support farmers, transition to regen/organic farming
No direct examples.

Resale/repair – % total sales/disclosure on #
Offers direct resale through the ‘Road Tested’ platform.

Direct link resale/repair to reduce production
No

Materials transparency
Shares material mix: No

Provides data on units sold: No

Asics does not include upstream transportation in its targets, and does not disclose any commitments or actions to reduce the impact of its upstream logistics, although the brand did report an overall reduction in shipping emissions since 2021. No data provided on shipping modes, or actions to support a transition to zero emission vessels.

Action to reduce the impact of marine shipping: Brand communicates that it aims for use of low CO2 fuel for marine/land transport

ASICS joined with Japan Climate Initiative in April 2023 to call on the Japanese government for stronger climate change action that enables renewable energy, and supported lobbying efforts in support of strengthening GHG disclosures and promoting renewable energy, as well as condemning restrictions to USAID, as part of the American Apparel and Footwear Association.