Why REI, Allbirds and 20 other consumer brands are launching climate transition funds

clock • 5 min read
Credit: Allbirds
Image:

Credit: Allbirds

The Climate Label, launching January 2025, is set to require participating firms to pay $15 per tonne of unabated emissions

In January, Recreation Equipment, Inc. (REI), Allbirds, Kleen Kanteen and some 20 other consumer brands will set up "climate transition budgets," funding them via an internal fee of $15 per tonne on their...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Management

Study: Publicly listed companies still lack credible climate transition plans

Study: Publicly listed companies still lack credible climate transition plans

Analysis of 2,000 companies shows those in high emitting sectors are on track to exceed 1.5C-compatible carbon intensity budget by 61 per cent by 2050

clock 17 September 2025 • 4 min read
Ollie Taylor: 'No single industry is doing enough, but there are positive signs'

Ollie Taylor: 'No single industry is doing enough, but there are positive signs'

Marine Futures founder reflects on helping to decarbonise the RNLI, and the importance of applying LCA insights to the 'real world'

Stuart Stone
clock 16 September 2025 • 5 min read
Why reports of the demise of corporate climate action have been greatly exaggerated

Why reports of the demise of corporate climate action have been greatly exaggerated

Global survey of corporate executives shows capital investment in sustainability and climate risk efforts is increasing - and so are the financial returns

Michael Holder
clock 16 September 2025 • 7 min read