Coats is a leading textile company based in the United Kingdom that has been operating for over 250 years. The company has a global presence and is known for its innovative products and solutions in the textile industry. Coats has a strong commitment to sustainability and has been actively working towards decarbonisation and reducing its carbon footprint.
One of the key areas of focus for Coats is corporate energy management. The company has implemented a number of initiatives to reduce its energy consumption and increase efficiency. This includes investing in energy-efficient technologies, such as LED lighting and high-efficiency motors, and implementing energy management systems to monitor and control energy use across its operations.
In addition to reducing its energy consumption, Coats has also been actively pursuing renewable energy sources. The company has invested in a number of renewable energy projects, including wind and solar power, to help reduce its reliance on fossil fuels and decrease its carbon emissions. Coats has also implemented corporate power purchase agreements (PPAs) to secure renewable energy sources for its operations.
Corporate PPAs are agreements between companies and renewable energy providers that allow companies to purchase renewable energy directly from the source. This helps to support the development of renewable energy projects and provides companies with a reliable and cost-effective source of renewable energy. Coats has implemented a number of corporate PPAs to secure renewable energy for its operations, including a 10-year agreement with a wind farm in Scotland.
In addition to its focus on energy management and renewable energy, Coats has also been working towards decarbonisation across its operations. The company has set ambitious targets to reduce its carbon emissions and has implemented a number of initiatives to achieve these targets. This includes investing in low-carbon technologies, such as electric vehicles and energy-efficient machinery, and implementing carbon reduction strategies across its supply chain.
Coats has also been working with its suppliers to reduce their carbon emissions and improve sustainability across the textile industry. The company has implemented a number of initiatives to promote sustainable sourcing and has developed a sustainability framework to guide its suppliers towards more sustainable practices.
Overall, Coats is a leading textile company that is committed to sustainability and reducing its carbon footprint. The company has implemented a number of initiatives to reduce its energy consumption, increase efficiency, and promote renewable energy sources. Coats has also set ambitious targets for decarbonisation and is working towards achieving these targets across its operations and supply chain.