Spartanburg, S.C., United States:
Diversified international producer Milliken & Company pronounces its science-based net-zero targets have been authorised by the U.N.-backed Science Based Targets initiative (SBTi). SBTi is a collective of worldwide organizations devoted to serving to firms set emission discount targets per local weather science and the Paris Agreement.
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“At Milliken, sustainability is a core value,” shares Halsey Cook, president and CEO of Milliken & Company. “Climate change is placing pressure on communities, on companies and on our planet. The time to take meaningful action is now.”
SBTi calculates that firms dedicated to chopping emissions in step with local weather science now symbolize $38 trillion — one-third — of the worldwide economy. Milliken is likely one of the first 50 firms globally to obtain authorised science-based net-zero targets and joins a gaggle of greater than 1,300 firms who’ve made net-zero commitments utilizing the 2021 SBTi Corporate Net-Zero Standard. Milliken is the primary firm to be authorised in South Carolina, the place Milliken’s international headquarters is positioned.
“Not all net-zero is the same, which is why Milliken commits to reaching real net-zero greenhouse gas emissions across the value chain by 2050 from a 2018 base year,” says Kasel Knight, basic counsel and head of sustainability at Milliken. “By working with SBTi, our net-zero commitment, along with our approved near-term and long-term targets, has been fully vetted by the best available science on a global scale.”
“We’re proud Milliken is leading this work,” concludes Cook. “Our targets empower our team of more than 8,000 to reduce risk, minimize impacts, work efficiently, control costs and identify new ways to deliver products.”
About Milliken
Milliken & Company is a world manufacturing chief whose concentrate on supplies science delivers tomorrow’s breakthroughs right now. From industry-leading molecules to sustainable improvements, Milliken creates merchandise that improve individuals’s lives and ship options for its prospects and communities. Drawing on hundreds of patents and a portfolio with purposes throughout the textile, specialty chemical, flooring and healthcare companies, the corporate harnesses a shared sense of integrity and excellence to positively influence the world for generations. Discover extra about Milliken’s curious minds and impressed options at milliken.com and on Facebook, Instagram, LinkedIn and Twitter.
About the Science Based Targets initiative
The Science Based Targets initiative (SBTi) is a world physique enabling companies to set bold emissions reductions targets in step with the most recent local weather science. It is targeted on accelerating firms internationally to halve emissions earlier than 2030 and obtain net-zero emissions earlier than 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of many We Mean Business Coalition commitments.
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