Fashion
Levi’s launches LEAP to cut emissions in India supply chain
LEAP will offer suppliers the best available pricing, terms, and return on investment to enable renewable energy procurement. This comes at a time when there is a significant opportunity to increase awareness and technical capacity with Indian suppliers as they navigate the diverse and evolving renewable electricity landscape. The program will be shared with the company’s textile and apparel manufacturing suppliers in India, including in-depth training modules, financial analysis, and access to Schneider Electric’s advisory services.
“We are committed to incentivising renewable energy in our supply chain and know our path to our near-term supply chain emissions reduction target is through proven, scalable solutions that fit each supplier,” said Jeffrey Hogue, chief sustainability officer at LS&Co. “Between Schneider Electric’s expertise and the robust network of renewable electricity opportunities available in India, we’re now in a position to better support our suppliers in their own sustainability strategies – and to deliver on ours.”
Levi Strauss & Co and Schneider Electric launched the LS&Co Energy Accelerator Program (LEAP) in India to expand renewable electricity in the supply chain.
The initiative supports LS&Co’s 42 per cent emissions reduction target by 2030.
LEAP provides suppliers with training, financial analysis, and access to advisory services to adopt scalable clean energy solutions.
For the first stage of LEAP, LS&Co. will support textile and apparel manufacturing suppliers in India to transition to renewable electricity, with a goal of later expanding the program to other business partners and geographies. Suppliers that join LEAP will also have the opportunity to explore individual purchase opportunities, such as on-site solar or certificate purchasing, or join a multi-buyer cohort for a power purchase agreement (PPA).
“I am happy to learn that Levi Strauss & Co. has taken steps to increase access to renewable electricity for their supply chain,” said Shri Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy, Government of India. “I welcome this initiative, and this shows that businesses can benefit from clearer and more accessible renewable energy opportunities.”
Schneider Electric has advised companies, including LS&Co., on more than 1.3 TWh of aggregated renewable electricity procurement across supply chain programs managed on behalf of clients in multiple markets. LS&Co. was a participant alongside four other companies in the first multi-buyer power purchase agreement (PPA) cohort for Walmart’s Gigaton PPA program in the US, managed by Schneider Electric, which will serve as a model for any group PPAs developed through LEAP.
“At Schneider Electric, we believe that accelerating the transition to renewable energy across global supply chains is essential to achieving meaningful climate impact. We’re proud to partner with Levi Strauss & Co. on the LEAP initiative, which exemplifies how companies can lead with purpose and scale proven solutions to empower their suppliers,” said Steve Wilhite, President, Schneider Electric Sustainability Business. “By combining our deep expertise in renewable energy advisory with LS&Co.’s bold sustainability vision, we’re helping unlock new opportunities for cleaner energy in India and beyond.”
“As India embarks on an ambitious journey towards a greener, more resilient future, it’s inspiring to see global brands like Levi Strauss & Co. embracing this shift and empowering their supply chains to adopt renewable energy. At Schneider Electric, we are proud to support this transition through Levi Strauss & Co. Energy Accelerator Program (LEAP), combining our expertise with a shared purpose to accelerate decarbonisation, foster industrial innovation, and build a sustainable India for generations to come.” – Deepak Sharma, Zone President – Greater India & MD & CEO, Schneider Electric India
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (MS)
Fashion
Higher energy costs to slow India FY27 growth to 6.5%: ICRA
While trends in high frequency indicators for January-February 2026 appear favourable, the heightened uncertainty around the duration of the Middle East conflict casts a shadow on the near-term macroeconomic outlook for India amid high import dependency for items like crude oil, natural gas and fertilisers, it noted.
India’s FY27 GDP growth is likely to slow to 6.5 per cent from the projected 7.5 per cent in FY26 owing to the impact of higher energy prices and concerns around energy availability, ICRA Ratings said.
The heightened uncertainty around the duration of the Iran war casts a shadow on the near-term macroeconomic outlook for India.
If the conflict lasts longer, the adverse effects could widen across sectors.
If the conflict lasts for an extended period, the adverse implications of the same could widen across sectors, amid an uptick in input costs and the consequent impact on profitability of the India corporate sector.
Amid the projected uptrend in the consumer price index-based inflation in FY27 with risks tilted to the upside, ICRA Ratings expects an extended pause on the policy rates by the central bank’s monetary policy committee in the fiscal despite the anticipated softening in the GDP growth. However, it expects the Reserve Bank of India to continue to intervene on the liquidity front during FY27.
The available data for January–February FY2026 indicate a positive trend across most non-agricultural indicators, with the year-on-year performance of 12 out of 18 indicators improving compared to the third quarter of FY26, while the remaining six deteriorated.
Fibre2Fashion News Desk (DS)
Fashion
Indonesia’s apparel exports at $8.7 bn; 56% shipments to US
Indonesia’s apparel exports rose modestly to $8.705 billion in 2025 from $8.316 billion in 2024, reflecting gradual recovery.
The US remained dominant, accounting for over 56 per cent of shipments, highlighting growing market dependence.
While Japan, South Korea and Europe offered stability, exports stayed concentrated in key products and segments.
Source link
Fashion
Methanol jumps nearly 150% as oil surge disrupts markets
Methanol prices in India have surged nearly 150 per cent from pre-Iran–US tension levels, tracking a sharp rise in crude oil and tightening global energy markets.
Hormuz disruption risks, limited rerouting capacity, rising freight and insurance costs, and constrained imports are fuelling volatility, with prices seen approaching ₹90 per kg.
Source link
-
Politics1 week agoAfghanistan announces release of detained US citizen
-
Sports1 week agoBroadcast industry CEO says consolidation is ‘essential’ to compete for NFL soaring media rights prices
-
Entertainment1 week agoUN warns migratory freshwater fish numbers are spiralling
-
Tech1 week agoCan a Home Appliance Fix the Problem of Soft-Plastic Waste?
-
Business1 week agoProperty Play: Home flippers see smallest profits since the Great Recession, real estate data firm says
-
Business1 week agoGold prices soar in Pakistan – SUCH TV
-
Fashion1 week agoICE cotton slips on weaker crude, profit booking
-
Business1 week agoMore women are entering wealth management, but few are in advisory roles, study finds
