Thursday, July 25, 2024
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HomeTechnologyCoats Bangladesh takes a significant step towards carbon neutrality.

Coats Bangladesh takes a significant step towards carbon neutrality.

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Coats Group plc, the world’s leading manufacturer in thread and structural components for apparel and footwear, has established a 421KW rooftop solar power plant at its Gazipur factory in Bangladesh. The plant generates 850MWh of solar energy annually, reduces 12% of energy consumption from fuel-based sources, and 528 tons of CO2 emissions – equivalent to planting up to 45,000 trees yearly.

The solar power plant allows the factory to utilize 40% of its power from renewable sources during the day. A new solar power plant will also be built at the Chattogram factory in Bangladesh this year to accelerate the renewable conversion of energy sources.

Coats participate in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond to achieve net zero by 2050. Over the last 4 years, Coats has achieved substantial progress against ambitious targets in Energy, Materials, Water, Waste, and People. Emissions reduction across the company’s entire value chain is at the heart of its new target set, providing the next horizon toward its 2030 commitments.

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Adrian Elliott, Coats, Chief Executive Officer – Apparel Division, said: “I am delighted to announce the launch of this 50,000 square feet solar power plant. We are firmly committed to reducing our environmental footprint and promoting sustainability across our operations and supply chain.”

The Gazipur project has been finalized in partnership with SOLARIC Energy.

Coats Bangladesh Ltd is a joint venture between Coats Group plc and AK Khan & Company Ltd, supporting the Bangladesh ready-made garments industry for more than three decades with its high-quality threads and technical services. It has two world-class manufacturing plants located in Gazipur and Chittagong.

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