Lycra, officially known as The Lycra Company, is a leading innovator in the textile industry, headquartered in the United States. Founded in 1958, the company has established itself as a pioneer in the development of elastane fibres, revolutionising the way fabrics stretch and fit. With a strong presence in major operational regions across Europe and Asia, Lycra serves a diverse range of sectors, including apparel, activewear, and home textiles. The company’s core products, including Lycra® fibre and Lycra® brand technologies, are renowned for their exceptional elasticity, durability, and comfort, setting them apart in the competitive market. Lycra has achieved notable milestones, such as collaborations with top fashion brands and a commitment to sustainability, reinforcing its position as a trusted name in high-performance textiles.
How does Lycra'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 Plastic production 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.
Lycra's score of 6 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, The LYCRA Company has not disclosed specific carbon emissions figures. However, the company has set ambitious climate commitments aimed at significantly reducing its greenhouse gas (GHG) emissions. The LYCRA Company, headquartered in the United States, has committed to reducing its absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030, using 2021 as the baseline year. Additionally, it aims to achieve a 25% reduction in absolute Scope 3 GHG emissions from purchased goods and services within the same timeframe. These targets align with the science-based targets necessary to limit global warming to 1.5°C, demonstrating the company's commitment to sustainability and climate action. While specific emissions data is currently unavailable, these commitments reflect The LYCRA Company's proactive approach to addressing climate change and reducing its environmental impact in the chemicals sector.
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.
Lycra 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.