Coats
Coats Group plc, commonly known as Coats, is a leading global provider of industrial thread and consumer textiles, headquartered in GB. Founded in 1755, Coats has established itself as a pioneer in the textile industry, with significant operations across Europe, Asia, and the Americas. The company is renowned for its innovative products, including high-performance threads and zips, which cater to diverse sectors such as apparel, automotive, and home furnishings. With a rich history marked by key milestones, Coats has consistently focused on sustainability and technological advancement, positioning itself as a market leader. Its commitment to quality and innovation has earned Coats numerous accolades, solidifying its reputation as a trusted partner in the textile supply chain.
DitchCarbon Score
How does Coats's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Textile Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Coats's score of 77 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coats's reported carbon emissions
In 2024, Coats Group plc reported total carbon emissions of approximately 955,200,000 kg CO2e, with Scope 1 emissions at about 52,400,000 kg CO2e, Scope 2 emissions at approximately 37,300,000 kg CO2e, and significant Scope 3 emissions of about 824,200,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 993,900,000 kg CO2e. Coats has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2019 baseline. Additionally, the company has committed to achieving net-zero emissions across all scopes by 2050, with interim targets to reduce absolute Scope 3 emissions by 33% by 2030. These targets are currently under review by the Science Based Targets initiative (SBTi). The company has also pledged to increase its sourcing of renewable electricity from 5% in 2019 to 100% by 2030, further supporting its sustainability goals. Coats's long-term strategy includes a 90% reduction in absolute Scope 1, 2, and 3 emissions by 2050, relative to the 2019 baseline. Overall, Coats Group plc is actively working towards significant emissions reductions and has established a comprehensive framework to address its carbon footprint in alignment with global climate goals.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 81,500,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 240,400,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Coats is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
