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.
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.
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.
Coats's score of 52 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Coats Group plc reported total greenhouse gas emissions of approximately 993,903,000 kg CO2e. This includes 51,700,000 kg CO2e from Scope 1 emissions and 59,400,000 kg CO2e from Scope 2 emissions, with a significant contribution of about 882,800,000 kg CO2e from Scope 3 emissions. Coats has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using 2019 as the base year. Additionally, the company plans to increase its annual sourcing of renewable electricity from 5% in 2019 to 100% by 2030. For Scope 3 emissions, Coats is targeting a reduction of 33% within the same timeframe. These commitments align with the Science Based Targets initiative (SBTi) and reflect Coats' dedication to sustainable practices within the textiles, apparel, footwear, and luxury goods sector. The company is also committed to achieving net-zero emissions in the long term, reinforcing its role in combating climate change.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
Scope 3 | - | - | - | - | - | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
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 committed to some reduction initiatives 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.