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Startseite • News • Coats recognised as one of Europe’s climate leaders

Coats recognised as one of Europe’s climate leaders


Coats Group plc, the world’s leading manufacturer in thread and structural components for apparel and footwear and an innovative pioneer in performance materials, has been included in the “Europe’s Climate Leaders” list by the Financial Times and Statista. The list acknowledges European companies that have demonstrated a significant reduction in their core emissions intensity.

This accolade is based on Coats’ substantial progress in reducing Scope 1 and 2 greenhouse gas emissions in relation to its revenue, as well as its transparency in reporting Scope 3 emissions that occur within the company’s value chains.

“Our inclusion in the ‘Europe’s Climate Leaders’ list is a reflection of our ongoing commitment to reducing emissions and enhancing sustainability,” said Chris Dearing, Group Sustainability Director. “This recognition underscores our achievements and motivates us to continue striving towards our net-zero targets.”

In 2023, Coats reported a significant reduction in absolute Scope 1 and 2 emissions. The company has made considerable progress in decarbonising its Scope 2 energy, dropping Scopes 1 & 2 emissions intensity on a like-for-like basis by 29% compared to 2022. The percentage of sustainable materials used in Coats products has increased from 25% to 29%.

The Science Based Targets initiative also recently determined that Coats’ long-term targets are aligned with its 1.5°C mitigation pathways for reaching net-zero by 2050 or sooner and officially validated them.


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.