Page 50 - February-March 2021

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Coats joined Science Based
Target initiative (SBTi) to
become a net-zero
emission company by 2050
Coats has also committed to a long-term target to
reach net-zero emissions by 2050, the highest level
of ambition on climate under the Science-Based
Target initiative (SBTi). Coats, the leading industrial
thread company, has committed to set
science-based emissions reduction targets across
the entire value chain, consistent with keeping global
warming to 1.5°C above pre-industrial levels, the
company reports.
Coats joins a growing group of leading companies
paving the way to a net-zero future under the
Business Ambition for 1.5°C calls to action.
Science-based targets provide companies with
a clearly defined pathway to reduce their
greenhouse gas emissions, thus preventing the
worst expected impacts of climate change while
future-proofing business growth. SBTi defines
and promotes best practice in science-based
target setting and independently assesses and
approves companies’ targets. It collaborates
between CDP, the United Nations Global
Compact, World Resources Institute (WRI), and
the World Wide Fund for Nature (WWF).
February/March 2021
Coats joining the SBTi follows on from it joining the
Ellen MacArthur Foundation in January 2021. It is
also a constituent of the FTSE4Good Index Series
and a participant in the UN Global Compact. Coats
says it is fully committed to the UN Global Compact
Principles on Human Rights, Labour, the
Environment and Anti-Corruption, and continues to
implement these Principles in operations and across
its supply chain. It also identified the most relevant
UN Sustainable Development Goals (SDGs) to its
business operations. It will continue to ensure that its
activities are contributing towards the achievement of
its sustainability goals.
Sanda Ojiambo, the CEO and Executive Director of
the UN Global Compact, one of the SBTi partners,
said: “The climate emergency has led CEOs to act
urgently and decisively to set science-based
emissions reduction targets for their companies in
line with a 1.5°C pathway. The movement to
transition to a net-zero economy by 2050 is also
growing rapidly, and we call on all business leaders
to adopt concrete plans to realize this goal.”
TAKE YOUR SUSTAINABILITY
CREDENTIALS TO THE NEXT LEVEL
JOIN THE ALLIANCE
FOR WATER STEWARDSHIP
Water pollution is not the only challenge facing We are the Alliance for Water Stewardship:
the textile and apparel sector. a global membership organization including
businesses, NGOs and the public sector.
Water scarcity and a lack of access to safe water,
sanitation and hygiene (WASH) in communities We are custodians of the International
are critical issues, too. Water Stewardship Standard (AWS Standard) –
a universal framework for sustainable water use.
Water stewardship presents an opportunity to
address water issues, by going beyond company Our vision is of a water-secure world that enables
fence-lines and working with other major water people, cultures, business and nature to prosper,
users for the benefit of all. now and in the future.
JOIN US: A4WS.ORG/TEXTALKS