- Cost increases and supply chain disruptions.
- Liquidity shortfalls.
- Geopolitical tensions and inflationary pressures.
- Decreased demand due to unexpected adverse weather conditions.
- Fragile global market influenced by conflicts and economic challenges.
- Outdated IT systems.
- High consultancy costs and marketing expenses in the first half of 2023.
- Increased impairments on right of use assets in the USA.
Wolford AG
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 4.3K t CO2e (estimated) |
| 2020 | 2.4K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved bluesign® approved status for all legwear products knitted and dyed on a cotton and polyamide basis for the Essential collection.
- 90% of suppliers are located in Europe, ensuring short transportation routes.
- All suppliers comply with the Code of Conduct of the German textile and fashion industry, STANDARD 100 by OEKO-TEX®, and the EU’s REACH Regulation.
- Introduced biodegradable sweaters, T-shirts, and leggings.
- Achieved Cradle to Cradle Certified™ (Gold) award for fully recyclable fashion items.
- Launched Aurora 70, the first recyclable tights on the market.
- Aims for 50% of all Wolford products to be recyclable by 2025.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 50% recyclable products by 2025.
📅 Medium-term
- Further expansion of online business; Standardization of IT landscape through ERP system.
🔭 Long-term
- Complete avoidance of waste generation.
🌱 ESG Focus Areas
SustainabilityDiversity & InclusionCircular Economy