INDITEX targets net zero emissions by 2040

The Executive Chairman announces that Inditex will bring its net zero emissions target forward 10 years to 2040. The Group is also bringing several other sustainability targets forward. This includes aiming for all its cotton to be more sustainable or recycled by 2023, two years ahead of schedule.

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Inditex’s Annual General Meeting was held recently at its headquarters in Arteixo. During his presentation, Pablo Isla highlighted “the strength of Inditex’s strategic transformation and its fully integrated, digital and sustainable business model. This, combined with the commitment, talent and work displayed by the entire team, delivered noteworthy results in extremely difficult circumstances. As we expected, the transformation we embarked upon in 2012 continued to bear fruit”, said Pablo Isla.

A key year for Inditex's strategic transformation

The Executive Chairman explained during his speech how 2020 was key to Inditex’s strategic transformation, which the company embarked upon in 2012, and in which the Group has invested over €11 billion. Thanks to that effort, the Company has attained its goal of building a fully integrated and sustainable store and online platform that is capable of servicing customers in 216 markets worldwide. In 2020, Inditex added 25 new online markets and opened stores in 29 countries, while completing its Group-wide eco-efficiency store programme, which had reached all 6,829 stores at year-end.