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State: 17.08.2024 | 11PM
Mon, 04.11.2024       Samsonite International
LU0633102719

Pledges to considerably expand use of recycled materials while maintaining long-standing commitment to durability

HONG KONG, Nov. 4, 2024 /PRNewswire/ -- Building on its heritage of innovation, durability and sustainability, Samsonite International S.A. ("the Company," together with its consolidated subsidiaries, "the Group;" SEHK stock code: 1910), today announced an ambitious near-term science-based climate target in alignment with the criteria of the Science Based Targets initiative (SBTi). The Company operates a portfolio of customer-centric brands including Samsonite, Tumi and American Tourister, as well as several other complementary brands. The Company commits to continuing to use 100% renewable electricity in all the Group's own operations. The Company will also significantly increase recycled materials used in products to reduce Scope 3 emissions from purchased goods and services 52% by 2030 on an intensity basis per unit gross profit1. The Company's new target is measured from a 2022 base year and was submitted to SBTi for validation last month. The Company's science-based climate target applies collectively to all the Group's brands worldwide.

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