Ralph Lauren Corporation is a leading American fashion and lifestyle company that designs, markets, and distributes premium apparel, accessories, fragrances, and home furnishings. The company was founded in 1967 by Ralph Lauren, who started by selling ties and later expanded into a global brand that embodies the American spirit and lifestyle. Today, Ralph Lauren Corporation has a presence in over 100 countries, with over 500 stores and a strong online presence.

As a major player in the apparel design sector, Ralph Lauren Corporation has a significant impact on the environment and society. The company is committed to reducing its carbon footprint and promoting sustainability in its operations and supply chain. One of the key strategies that Ralph Lauren Corporation is pursuing to achieve this goal is decarbonisation.

Decarbonisation refers to the process of reducing or eliminating carbon emissions from the company's operations and supply chain. Ralph Lauren Corporation is committed to achieving net-zero carbon emissions by 2040, which means that the company will need to reduce its greenhouse gas (GHG) emissions to as close to zero as possible and offset any remaining emissions through carbon credits or other means.

To achieve its decarbonisation goals, Ralph Lauren Corporation is implementing a range of initiatives, including energy efficiency measures, renewable energy, and corporate power purchase agreements (PPAs). Energy efficiency measures involve reducing energy consumption and waste in the company's operations, such as by upgrading lighting systems, HVAC systems, and other equipment to more energy-efficient models.

Renewable energy is another key strategy that Ralph Lauren Corporation is pursuing to reduce its carbon footprint. The company has set a target to source 100% renewable electricity for its operations by 2025. To achieve this goal, Ralph Lauren Corporation is investing in renewable energy projects, such as solar and wind power, and working with its suppliers to increase their use of renewable energy.

Corporate PPAs are another important tool that Ralph Lauren Corporation is using to achieve its renewable energy goals. A corporate PPA is a long-term agreement between a company and a renewable energy project developer, in which the company agrees to purchase a certain amount of renewable energy from the project over a specified period. By entering into a corporate PPA, Ralph Lauren Corporation can secure a reliable and cost-effective source of renewable energy for its operations, while also supporting the development of new renewable energy projects.

In addition to its decarbonisation efforts, Ralph Lauren Corporation is also committed to promoting sustainability in its supply chain. The company has set a target to source 100% sustainable cotton by 2025, which means that all of the cotton used in its products will be grown using sustainable farming practices that minimize environmental impact and protect the rights and livelihoods of farmers.

Ralph Lauren Corporation is also working to reduce the environmental impact of its packaging and shipping operations. The company is implementing measures to reduce the amount of packaging materials used in its products, such as by using recycled and biodegradable materials. Additionally, Ralph Lauren Corporation is exploring new shipping methods that are more sustainable, such as using electric vehicles and alternative fuels.

Overall, Ralph Lauren Corporation is a leading American fashion and lifestyle company that is committed to promoting sustainability and reducing its carbon footprint. The company's decarbonisation efforts, corporate energy initiatives, corporate PPAs, and renewable energy investments are all aimed at achieving its goal of net-zero carbon emissions by 2040. By pursuing these strategies, Ralph Lauren Corporation is setting an example for other companies in the apparel design sector and demonstrating that sustainability is not only good for the environment but also good for business.