Milliken & Company is a leading global manufacturer of specialty chemicals, floor coverings, and performance materials. Founded in 1865, the company has a rich history of innovation and sustainability. With headquarters in Spartanburg, South Carolina, Milliken operates in over 50 countries and employs more than 7,000 people worldwide.
As a company that operates in the Textile Products sector, Milliken is committed to sustainability and decarbonisation. The company has set ambitious goals to reduce its carbon footprint and transition to renewable energy sources. In 2019, Milliken became a signatory of the United Nations Global Compact, which is a voluntary initiative that encourages companies to adopt sustainable and socially responsible policies.
One of the key ways that Milliken is working towards decarbonisation is through its Corporate Energy program. This program focuses on reducing the company's energy consumption and increasing its use of renewable energy sources. Milliken has set a goal to reduce its energy consumption by 20% by 2025 and has already made significant progress towards this goal. The company has implemented energy-efficient technologies and processes across its operations, and has also invested in renewable energy projects.
Another important aspect of Milliken's sustainability strategy is its Corporate Power Purchase Agreement (PPA) program. This program involves the company purchasing renewable energy directly from wind and solar projects. By doing so, Milliken is able to reduce its carbon footprint and support the development of new renewable energy projects. In 2020, the company signed a 10-year PPA with a wind farm in Texas, which will provide enough renewable energy to power its entire operations in the state.
Milliken is also committed to reducing its greenhouse gas emissions through the use of renewable energy. The company has set a goal to source 100% of its electricity from renewable sources by 2030. To achieve this goal, Milliken is investing in a variety of renewable energy projects, including wind, solar, and biomass. The company is also exploring innovative technologies, such as energy storage and microgrids, to help it achieve its renewable energy goals.
In addition to its sustainability initiatives, Milliken is also focused on innovation and product development. The company has a long history of developing new and innovative products, and is constantly exploring new technologies and materials. Milliken's products are used in a wide range of industries, including automotive, healthcare, and consumer goods.
Overall, Milliken & Company is a leader in the Textile Products sector, with a strong commitment to sustainability and decarbonisation. The company's Corporate Energy program, Corporate PPA program, and focus on renewable energy are all important steps towards reducing its carbon footprint and transitioning to a more sustainable future. With its long history of innovation and commitment to sustainability, Milliken is well-positioned to continue driving positive change in the industry.