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Driving climate action: our first Climate-Related Disclosure

December 16, 2024

4 min read

At KMD Brands, our strategic pillar ‘Best for People and Planet’ drives our Environmental, Social, and Governance (ESG) strategy and focuses our efforts on three areas: Communities, Circularity, and Climate.

Aligned with Sustainable Development Goal 13 and the Paris Agreement, we are committed to transitioning to a low-carbon future with verified Science-Based Targets to reduce our greenhouse gas emissions. 

Advancing our climate response

In 2024, we reached a significant milestone by lodging our first Climate-Related Disclosure (CRD) statement, prepared under the Aotearoa New Zealand Climate Standards (NZ CS 1, 2, and 3). This marks a pivotal next step in advancing our climate response and builds on years of work as a Certified B Corporation (B Corp) to identify and reduce our impact. 

As a company, we’ve made meaningful strides toward our emissions reduction targets, but we don’t underestimate the work ahead. Improving the quality and accessibility of our data, expanding the use of renewable energy across our supply chain, and decoupling emissions from economic growth are among the challenges we face. 

A complex challenge

Frances Blundell, Chief Legal and ESG Officer KMD Brands, said: "By understanding climate challenges and opportunities, we’re better equipped to protect and strengthen our business over the long term.” 

“This first statement reflects the collective efforts of our global teams - across Kathmandu, Rip Curl, and Oboz - as well as the valuable input of external experts and advisors. The insights gained through this process will help us refine our strategies, deepen our resilience, and strengthen our ability to adapt to a changing climate,” Frances continued. 

What’s next? 

While this milestone is significant, it’s a long-term journey for KMD Brands and our group of brands. We are committed to transparency, continuous improvement, and action to address climate change, and we know that no single company can solve these complex challenges.  

That’s why we are committed to working with partners, teams, customers, suppliers, and industry peers to accelerate progress. By sharing knowledge and working together, we can create and align solutions that go beyond our individual impact and drive meaningful change. 

We invite you to learn more about our journey and explore our full CRD statement by visiting the Reports section of this website.

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