GlobalData offers a comprehensive analysis of New Wave Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on New Wave Group‘s ESG performance. GlobalData’s company profile on New Wave Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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New Wave Group, a global company, is committed to reduce its greenhouse gas (GHG) emissions. The company is actively working on creating effective routines and influencing transportation providers to reduce emissions.

In the ESG report for 2022, the company mentioned initiatives and engagements related to sustainable materials, such as recycled polyester and organic cotton. They have also developed products made from recycled waste glass and are working on reducing emissions from long-distance transportation, particularly air freight, which has the highest emissions of greenhouse gases.

New Wave Group aim to create high-quality products with a long lifespan, work with partners on energy efficiency and transition to renewable energy, and promote sustainable consumption. The company has partially mapped its emissions according to the GHG Protocol for scopes 1 and 2, which include direct and indirect emissions from purchased electricity, steam, heat, cooling, and other activities they do not control. They have also invested in producing garments with solar energy, resulting in a 67% reduction in climate impact.

In conclusion, New Wave Group is actively working towards reducing its greenhouse gas emissions. The company is taking steps to address emissions from production and transportation. They are investing in sustainable materials and energy efficiency, as well as promoting sustainable consumption. By prioritizing these actions, New Wave Group aims to reduce its total climate impact and contribute to a more sustainable future.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.