The LYCRA Company has set its ambitious targets in terms of cutting greenhouse gases: it vows to reduce its direct and indirect emissions by the year 2030. These goals are consistent with the Paris Agreement’s 1.5°C pathway and were approved by the Science Based Targets initiative.
The targets are expected to be met by transitioning to renewable energy, increasing the use of sustainable materials, and very close collaboration with its supply chain. One major step in this regard is the use of cleaner sources of energy at the production sites. For instance, LYCRA will introduce renewable fuels to its Maydown, Northern Ireland site and at the same time increase the use of renewable electricity in its operations.
On top of that, LYCRA is working to create more sustainable materials by engaging more in depth with its suppliers. Going the extra step, this includes working with Qore to produce bio-derived LYCRA fiber in order to drive home the company’s sustainability goals by reducing dependency on traditional, fossil-fuel-based materials.
It will be an integrated approach to emissions reduction that involves major changes in processes of the company, its products, and key ingredients. LYCRA’s strategy also stresses gaining commitment from both internal and external stakeholders to ensure that these environmental goals are met.
These goals are of the kind that are extremely clear and measurable, making LYCRA a sustainability leader. This is not merely for the reduction of its own emission but also for the reduction of the carbon footprint of customers, which shall lead to an industrial shift toward sustainability.
As pressure increases on the fashion industry to reduce its environmental impact, LYCRA’s commitment to deep emission cuts makes clear that even a large company can become a formidable force for good. Their active approach will arguably make waves throughout the industry and have others follow in their lead to secure a more sustainable future for fashion.
In brief, LYCRA’s emission reduction plan reflects her commitment to ecological accountability and places the company in tandem with the global drive against climate change. With this strategy, LYCRA will fast-track its pathway to a low-carbon future through the use of renewable energy, sustainable materials, and collaboration in the supply chain in a way that drastically reduces GHG emissions by 2030, thereby providing a benchmarking model for others within the industry to replicate.
Source: LYCRA