Potential offtaker

Kontoor Brands

www.kontoorbrands.com

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Kontoor Brands is a leading apparel design company based in the United States of America. The company is committed to sustainable practices and has taken significant steps towards decarbonisation and the adoption of renewable energy sources. Kontoor Brands has a strong focus on corporate energy management and has implemented a range of initiatives to reduce its carbon footprint and increase its use of renewable energy.

Kontoor Brands was founded in 2019 as a spin-off from VF Corporation, a global leader in branded lifestyle apparel, footwear, and accessories. The company is headquartered in Greensboro, North Carolina, and has a portfolio of iconic brands, including Wrangler, Lee, and Rock & Republic. Kontoor Brands operates in over 60 countries worldwide and has a workforce of approximately 15,000 employees.

The apparel industry is one of the most resource-intensive sectors, with a significant impact on the environment. Kontoor Brands recognizes the need for sustainable practices in the industry and has made a commitment to reduce its environmental footprint. The company has set ambitious targets to reduce its greenhouse gas emissions, water consumption, and waste generation.

One of the key initiatives undertaken by Kontoor Brands is the adoption of renewable energy sources. The company has invested in solar and wind energy projects to reduce its reliance on fossil fuels. Kontoor Brands has also entered into corporate power purchase agreements (PPAs) to procure renewable energy directly from suppliers. These agreements provide a stable and predictable source of renewable energy, which helps to reduce the company's exposure to volatile energy prices.

Kontoor Brands has also implemented a range of energy efficiency measures to reduce its energy consumption. The company has upgraded its lighting systems, HVAC systems, and production equipment to improve energy efficiency. Kontoor Brands has also implemented a corporate energy management program to monitor and optimize its energy use across its operations.

In addition to its focus on renewable energy and energy efficiency, Kontoor Brands has also taken steps to reduce its carbon footprint through decarbonisation initiatives. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2017 baseline. Kontoor Brands has implemented a range of measures to achieve this target, including the use of low-carbon materials, the adoption of circular business models, and the implementation of sustainable transportation initiatives.

Kontoor Brands has also implemented a range of waste reduction initiatives to minimize its environmental impact. The company has set a target to achieve zero waste to landfill across its operations by 2025. Kontoor Brands has implemented a range of measures to achieve this target, including the implementation of recycling programs, the use of compostable materials, and the adoption of circular business models.

Kontoor Brands has also made a commitment to sustainable water management. The company has set a target to reduce its water consumption by 25% by 2025, compared to its 2017 baseline. Kontoor Brands has implemented a range of measures to achieve this target, including the implementation of water-efficient technologies, the adoption of closed-loop production processes, and the implementation of sustainable sourcing practices.

Kontoor Brands has also taken steps to engage its stakeholders in its sustainability initiatives. The company has established a sustainability council, which includes representatives from across its operations. The council is responsible for developing and implementing sustainability strategies and initiatives across the company. Kontoor Brands also engages with its suppliers and customers to promote sustainable practices and to drive positive change across the industry.

In conclusion, Kontoor Brands is a leading apparel design company that is committed to sustainable practices and has taken significant steps towards decarbonisation and the adoption of renewable energy sources. The company has a strong focus on corporate energy management and has implemented a range of initiatives to reduce its carbon footprint and increase its use of renewable energy. Kontoor Brands is a leader in the industry and is driving positive change across the sector.