GUESS Strengthens Sustainability Commitment to Climate Action – Signs Letter to World Leaders, Supports Youth Movement, Sets Lofty Goals | Business

LOS ANGELES – (BUSINESS WIRE) – November 3, 2021–

GUESS, a global lifestyle fashion brand, is moving forward with its sustainability commitment to be part of the climate solution, as detailed in its leading sustainability report released earlier this year. GUESS joins more than 600 companies around the world in signing an open letter to G20 leaders, urging them to fulfill their obligations under the Paris Agreement. The letter, organized by the We Mean Business Coalition and addressed to leaders attending COP26 in Glasgow, Scotland, identifies key demands to keep the planet habitable and global economies thriving for generations to come. Specifically, the letter calls for policies that will slow the rise in global temperatures to 1.5 degrees Celsius, reduce global emissions by 50% by 2030, and reach net zero emissions by 2050.

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GUESS Boosts Sustainability Commitment to Climate Action – Signs Letter to World Leaders, Supports Youth Movement, and Sets Lofty Goals (Graphic: Business Wire)

GUESS is also announcing its support for the 16th United Nations Conference on Youth, a group of more than 150 young leaders from around the world, traveling to Glasgow (in person and virtually) to ensure that the collective voice of young people on climate negotiations is heard. By providing additional funds to five young delegates from diverse backgrounds across the United States, GUESS is proud to play a small role in supporting young people determined to be a part of the climate solution for their generation and those to follow.

“Now is the time to act, we still have time to transform the business for good. At GUESS, we are committed to being part of the solution to climate change. We make courageous choices and find creative solutions. We must also support this inspiring young generation to lead us towards a better future. Everyone must do their part so that we keep this beautiful world as we know it, or better yet, as we dream it! says Carlos Alberini, CEO of GUESS ?, Inc.

“I am very honored to have the opportunity to represent the United States as the National Coordinator and Delegate for COY16. Young people know we need to push for bolder goals and more strategic plans to craft inclusive climate solutions that will provide our generation and those that follow with a clean and healthy planet. We know that to achieve our ambitious goals, we need the collaboration of NGOs, the public sector and the private sector to make these goals a reality. We are grateful for GUESS’s support in raising the voice of young people in the fight against climate change, ”said Monica Dwight, US National Coordinator, COY16 Delegate.

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In 2019, GUESS had its ambitious greenhouse gas emission reduction targets endorsed by the Science-Based Targets Initiative, a non-profit organization that helps global businesses set the GHG reduction targets needed to slow down global warming. GUESS’s goals are to reduce corporate greenhouse gas emissions by 50% and supply chain emissions by 30% by 2030, and achieve net zero by 2050. L The company is actively working on its roadmap for climate action which includes measures of store efficiency, investments in renewable energy, and changes in the way they create and produce their product. In addition to the We Mean Business Coalition and the Science Based Targets Initiative, GUESS is also an active member of the United Nations Fashion Charter on Climate Change and reports annually to CDP, a global non-profit organization. which manages the world’s leading environmental disclosure platform.

For more information on GUESS Sustainability and to download their latest sustainability report, visit sustainability.guess.com.

About GUESS ?, Inc.

Founded in 1981, GUESS started out as a jeans company and has since grown successfully into a global lifestyle brand. Guess ?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary clothing, denim, handbags, watches, eyewear, footwear and other related consumer products. To guess? are the products distributed through the Guess brand? as well as better department stores and specialty stores around the world. As of July 31, 2021, the Company directly operated 1,046 retail stores in the Americas, Europe and Asia. The Company’s partners and distributors operated 551 additional retail stores around the world. As of July 31, 2021, the Company and its partners and distributors were operating in approximately 100 countries around the world. For more information about the Company, please visit www.deviner.com.

About We Mean Business Coalition

We are serious is a global, non-profit coalition that works with the world’s most influential companies to take action on climate change and accelerate the transition to a fair and resilient zero-carbon economy. The goal of We Mean Business Coalition is to promote collaborative leadership to tackle the climate crisis.

About the Youth Conference (COY)

COY is the largest and most important youth conference linked to the United Nations multilateral climate processes. It is recognized by the UN as the convergence of young people from the Conference of the Parties and takes place a few days before at the same place. COY serves as a space for capacity building and political training, to prepare young people for their participation in the COP. COY delegates are also collaborating on the design of a cohesive guidance document on the Youth Declaration that brings together all the inputs gathered from youth voices around the world, which will directly feed into the COP climate negotiations. .

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CONTACT: Kaitlyn Quail

GUESS ?, Inc.

212.852.0568

[email protected]

KEYWORD: CALIFORNIA NORTH AMERICA UNITED STATES UNITED KINGDOM EUROPE CANADA

INDUSTRY KEYWORD: RETAIL TRADE CONSUMPTION PUBLIC POLICY / GOVERNMENT ONLINE RETAILER MAJOR STORES ENVIRONMENT PUBLIC RELATIONS / INVESTOR RELATIONS OTHER COMMUNICATIONS WITH CONSUMERS PUBLIC POLICY TEXTILES FASHION OTHER POLICY ISSUES

SOURCE: GUESS ?, Inc.

Copyright Business Wire 2021.

PUB: 03/11/2021 11:00 a.m. / DISC: 03/11/2021 11:02 a.m.

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