COATS GROUP PLC is a leading global manufacturer and distributor of industrial threads, yarns, and zips, with a history dating back to the 1750s. The company is headquartered in the United Kingdom and has operations in over 50 countries worldwide. COATS GROUP PLC operates in the fabric sector, providing innovative and sustainable solutions for the textile industry.

As the world moves towards decarbonisation, COATS GROUP PLC is committed to reducing its carbon footprint and contributing to a sustainable future. The company has set ambitious targets to reduce its greenhouse gas emissions by 30% by 2030 and achieve net-zero emissions by 2050. To achieve these targets, COATS GROUP PLC has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy.

Corporate energy management is a key focus for COATS GROUP PLC. The company has implemented energy efficiency measures across its operations, including upgrading lighting systems, improving insulation, and installing energy-efficient equipment. These measures have resulted in significant energy savings and reduced CO2 emissions.

In addition to energy efficiency measures, COATS GROUP PLC is also investing in renewable energy. The company has implemented a corporate power purchase agreement (PPA) to source renewable energy for its operations. A PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for renewable energy over a specified period. By entering into a PPA, COATS GROUP PLC is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

COATS GROUP PLC is also investing in on-site renewable energy generation. The company has installed solar panels at several of its facilities, which generate clean energy and reduce the company's reliance on grid electricity. In addition, COATS GROUP PLC is exploring the potential for other renewable energy technologies, such as wind and geothermal energy, to further reduce its carbon footprint.

As part of its commitment to sustainability, COATS GROUP PLC is also working to reduce waste and improve resource efficiency. The company has implemented a range of measures to reduce waste across its operations, including recycling programs and waste reduction initiatives. COATS GROUP PLC is also working to improve the sustainability of its products, by developing innovative solutions that reduce the environmental impact of textile production.

In conclusion, COATS GROUP PLC is a leading global manufacturer and distributor of industrial threads, yarns, and zips, with a strong commitment to sustainability and decarbonisation. The company is implementing a range of measures to reduce its energy consumption and increase its use of renewable energy, including corporate energy management, corporate PPAs, and on-site renewable energy generation. COATS GROUP PLC is also working to reduce waste and improve resource efficiency, while developing innovative solutions that reduce the environmental impact of textile production.