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Industry Talk

Milliken gains targets approval

One of the first 50 companies globally to achieve approved science-based net-zero targets.

21st October 2022

Innovation in Textiles
 |  Spartanburg, SC, USA

Industrial

Milliken & Company, headquartered in Spartanburg, South Carolina, has had  its science-based net-zero targets approved by the United Nations-backed Science Based Targets initiative (SBTi).

SBTi is a collective of international organisations dedicated to helping companies set emission reduction targets consistent with climate science and the Paris Agreement.

“Climate change is placing pressure on communities, on companies and on our planet and the time to take meaningful action is now,” said Halsey Cook, Milliken president and CEO.

SBTi calculates that companies committed to cutting emissions in line with climate science now represent $38 trillion – one-third – of the global economy. Milliken is one of the first 50 companies globally to achieve approved science-based net-zero targets and joins a group of more than 1,300 companies who have made net-zero commitments using the 2021 SBTi Corporate Net-Zero Standard.

“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,” said Kasel Knight, general 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,” Cook added. “Our targets empower our team of more than 8,000 to reduce risk, minimise impacts, work efficiently, control costs and identify new ways to deliver products.”

www.milliken.com

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