Falabella Retail reinforces commitment to sustainability and emission reduction

What: Falabella Retail has been recognised for the tenth consecutive year with the Quantification and Reduction Seals of the Huella Chile program for its efforts in reducing its carbon footprint.

Why it is important: This recognition highlights Falabella's consistent leadership in sustainability, particularly in quantifying and managing greenhouse gas (GHG) emissions, which is crucial for reducing the company's environmental impact and contributing to global climate goals.

Falabella has reaffirmed its commitment to sustainability by achieving the Quantification and Reduction Seals of the Huella Chile program for the tenth consecutive year. Since joining the program in 2014, the company has diligently worked on quantifying and managing its GHG emissions, reaching the level of Excellence in 2022 by covering its entire operation. A significant focus area is energy consumption, which accounts for nearly 65% of its Scope 1 and 2 emissions. To address this, Falabella has implemented several initiatives, including last-mile electromobility projects that have reduced emissions by 89% compared to traditional vehicles.
The company is also committed to increasing the use of renewable energy and improving energy efficiency. Looking ahead, Falabella has set ambitious goals: to reduce its Scope 1 and 2 emissions by 65% by 2030 compared to 2021, and to achieve carbon neutrality (Net-Zero) by 2035. This will be achieved through a decarbonisation strategy that includes a 90% reduction in Scope 1 and 2 emissions, adoption of renewable energy, improvements in energy efficiency, and innovative projects such as the use of electric vehicles in last-mile transport.