Page 51 - February-March 2021

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Coats joined Science Based

Target initiative (SBTi) to

become a net-zero

emission company by 2050 TAKE YOUR SUSTAINABILITY

CREDENTIALS TO THE NEXT LEVEL

JOIN THE ALLIANCE

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

February/March 2021