South Asia Textiles commits to SBTi to limit global warming to 1.5°C – Other
South Asia Textiles (SAT), a wholly owned subsidiary of Hayleys Fabric PLC, has joined its parent company in committing to Science-Based Targets (SBTi) initiatives to reduce greenhouse gas emissions ( GHG) and limit global warming to 1.5°C.
Hayleys Fabric and SAT are two of five manufacturers in total to add its name to a growing list of leading global companies committing to SBTi.
With the launch of the Hayleys Lifecode by parent company Hayleys PLC, SAT began to introduce its own personalized roadmap and set goals to complement the inherent knowledge and expertise accumulated within the organisation. Efforts have been made to anchor the manufacturer’s performance in the United Nations Sustainable Development Goals (UNSDG).
“Through our commitment to SBTi, we have gained even greater competitive advantages, which match growing consumer demand for more sustainable brands,” said Rohan Goonetilleke, Managing Director/CEO of South Asia Textiles and Hayleys Fabric.
The SBTi specifies how much and how quickly a company must reduce its greenhouse gas emissions, in line with the Paris Agreement targets to limit global warming by keeping it to 1.5°C and well below 2°C, and is also part of a broader effort to achieve net zero emissions by 2050. These goals will be achieved through innovation, reducing waste, unlocking efficiencies and leveraging increased investor confidence while reducing regulatory risk, uncertainty and exposure to energy cost volatility. Basically, significant positive corporate environmental sustainability initiatives will support the company’s commitment to SBTi.
Launched in collaboration with CDP Worldwide, the World Resources Institute (WRI), the World Wide Fund for Nature (WWF) and the United Nations Global Compact (UNGC), the goals are globally recognized commitments that companies make as part of of the “We Mean Business” program. Climate Change Coalition Take Action Platform.
As part of its commitments, SAT also recently obtained ISO 14001 and ISO 45001 certifications to elevate its environmental sustainability and employee health and safety systems to the level of global best practices. In pursuit of these certifications, the company has made significant investments in upgrading its wastewater treatment plant, including the installation of a high quality raw water filtration unit. Additionally, the company has formed environmental, health and safety (EHS) teams representing all departments to update and improve EHS protocols and standard operating procedures (SOPs) and conduct comprehensive training and awareness sessions.
South Asia Textiles, a subsidiary of Hayleys Fabric PLC, is a leading textile manufacturer and exporter. The company, which began commercial operations in 2004, specializes in knitting, dyeing, finishing, printing, brushing and suede pre-shrunk fabrics for leading global brands such as Victoria’s Secret, Next, Marks & Spencer, Tesco, Calvin Klein, Decathlon and Adidas.