Science Based Targets initiative (SBTi) Near-Term targets

We are proud to announce that our KGN Holdings has committed to the Science Based Targets initiative (SBTi) Near-Term targets at our Rainbow Fashions Private limited and Richlight Exports Private limited factories. We aim to reduce our Scope 1 and 2 greenhouse gas emissions by 42% by the year 2030. This commitment underscores our dedication to sustainability and our proactive role in mitigating climate change, ensuring a greener future for generations to come. By taking this significant step, we not only reduce our environmental footprint but also set a strong example for others in the industry.