Notes to Editors
Coats has previously identified five key sustainability targets:
Carbon neutral – By 2050 Coats will reach net zero through accelerating its progress in energy reduction, shifting to more renewable energy and its materials transition.
Energy – By 2030 70% of Coats’ global energy consumption will come from renewables.
Materials – By 2030 all products will be made completely independently of new oil-extraction materials such as polyester and nylon. Coats will lead the industry in replacing all new oil-based materials with eco-products, which is one of the most effective ways to reduce the carbon footprint.
Waste – Coats has committed to zero waste to landfill by 2026 and will shift to a more circular model for its industry. It will create products and packaging solutions that enable recycling and reuse, both within its own operations and across the wider garment industry.
People – Coats has committed to a DE&I target of 30% women in leadership positions by 2026 and will continue its commitment to living wage, fair employment practices and efforts to improve standard of living for communities.
About Coats Group plc
Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data, and the environment. Headquartered in the UK, Coats is a FTSE250 company and a FTSE4Good Index constituent. Revenues in 2022 were $1.6bn.
Trusted by the world's leading companies to deliver vital, innovative, and sustainable solutions, Coats provides value-adding products including apparel, accessory and footwear threads, structural components for footwear and accessories, fabrics, yarns, and software applications. Customer partners include companies from the apparel, footwear, automotive, telecoms, personal protection, and outdoor goods industries.
With a proud heritage dating back more than 250 years and spirit of evolution to constantly stay ahead of changing market needs, Coats has operations across some 50 countries with a workforce of over 17,000, serving its customers worldwide.
Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are three dedicated Coats Innovation Hubs, where experts collaborate with partners to create the materials and products of tomorrow. It participates in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond, with a goal of achieving net-zero by 2050. Coats is also committed to achieving its goals in Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance.