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Startseite • News • Coats publishes 2023 Sustainability Report

Coats publishes 2023 Sustainability Report

Coats Group plc, the world’s leading manufacturer in thread and structural components for apparel and footwear, as well as an innovative pioneer in performance materials, has published its 2023 Sustainability Report, showcasing the first year of delivery against recently set 2023 to 2026 targets with continued strong progress against its overarching Sustainability Strategy launched in 2019.

Due to lower production levels caused by continued destocking in the textile supply chain, Coats’ absolute Scope 1 and 2 emissions have dropped significantly during 2023. Coats has also made considerable progress in decarbonising its Scope 2 energy, dropping Scopes 1 & 2 emissions intensity on a like-for-like basis compared to 2022 by 29%. The percentage of sustainable materials used in Coats products has been increased from 25% to 29%.

Health and wellbeing initiatives, along with others around diversity and inclusion, appreciation and ensuring that Coats continues to provide fair pay and an attractive employment proposition, have resulted in continued high-level employee engagement. In 2023, 87% of Coats workplaces worldwide have received a Great Place to Work (GPTW) certification. Coats has also been included in the list of the top 25 World’s Best Workplaces by Fortune and GPTW as one of only two listed UK companies.

Chris Dearing, Group Sustainability Director, stated: “The strong progress made against our ambitious short-term 2026 targets is a testament to our unwavering commitment to make a difference. Sustainability is an integral part of all decision-making at Coats. Our five pillar strategy framework consisting of Energy, Materials, Water, Waste and People will continue to be our main focus for targeted actions to drive momentum in our journey to achieve net-zero emissions in our value chain by 2050.”

Coats’ next chapter medium-term targets for 2030 (from a 2019 baseline) include:

  • 46.2% reduction in Scopes 1 & 2 emissions
  • 100% renewable electricity
  • 33% reduction in Scope 3 emissions
  • Further transformational targets such as zero products from virgin oil-based materials, 70% of total energy from renewable sources, circular product and packaging solutions, and increased positive social impact

Coats remains fully committed to and supportive of the Ten Principles of the United National Global Compact (UNGC), covering Human Rights, Labour, the Environment and Anti-corruption issues and will continue to ensure that these principles are embedded in its operations and supply chain with the goal of supporting the delivery of the 2030 UN Sustainable Development Goals (SDGs).

Watch Coats’ Sustainability Film

To read the 2023 Sustainability Report in full, please click here.

The sustainability performance reporting includes the Texon and Rhenoflex businesses Coats acquired in 2022 and excludes the European zips businesses, Mauritius and Madagascar, which Coats divested in 2023.


For more information, please contact:

Coats Press Office

Notes to Editors

About Coats Group plc

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data, and the environment. Headquartered in the UK, Coats is a FTSE250 company and a FTSE4Good Index constituent. Revenues in 2023 were $1.4bn.

Trusted by the world’s leading companies to deliver vital, innovative, and sustainable solutions, Coats provides value-adding products, including apparel, accessory and footwear threads, structural components for footwear and accessories, fabrics, yarns, and software applications. Customer partners include companies from the apparel, footwear, automotive, telecoms, personal protection, and outdoor goods industries.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, Coats has operations across some 50 countries with a permanent workforce of more than 15,000, serving its customers worldwide.

Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are four dedicated Coats Innovation and Sustainability Hubs, where experts collaborate with partners to create the materials and products of tomorrow. It participates in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond, with a goal of achieving net-zero by 2050. Coats is also committed to achieving its goals in Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance.