Teejay, officially known as Teejay Lanka PLC, is a leading textile manufacturer headquartered in Sri Lanka (LK). Established in 1991, the company has carved a niche in the global apparel industry, specialising in the production of high-quality knitted fabrics. With a strong operational presence in key markets across Europe, Asia, and North America, Teejay has consistently delivered innovative textile solutions that cater to diverse customer needs. The company’s core offerings include a wide range of knitted fabrics, which are distinguished by their superior quality and sustainable production practices. Teejay's commitment to sustainability and technological advancement has positioned it as a market leader, earning accolades for its eco-friendly initiatives and exceptional product range. With a focus on customer satisfaction and continuous improvement, Teejay remains a prominent player in the textile sector, driving growth and innovation in the industry.
How does Teejay'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 Chemicals 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.
Teejay's score of 10 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Teejay reported total greenhouse gas emissions of approximately 108,292,000 kg CO2e, comprising 69,367,000 kg CO2e from Scope 1 and 38,925,000 kg CO2e from Scope 2. This reflects a slight decrease from 2022, where total emissions were about 111,243,000 kg CO2e. Teejay has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2022 as the base year. Additionally, the company plans to cut absolute Scope 3 emissions from purchased goods and services by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Teejay's long-term commitment includes a net-zero target by 2050, encompassing all scopes of emissions. The company operates within the textiles, apparel, footwear, and luxury goods sector, based in Sri Lanka (LK), and is actively working towards enhancing its sustainability practices.
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Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 69,367,000 | 00,000,000 |
Scope 2 | 38,925,000 | 00,000,000 |
Scope 3 | - | - |
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.
Teejay 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.