The Lycra Company, a global leader in developing sustainable and innovative fiber and technology solutions, has announced the publication of its first annual Planet Agenda Update, as part of its sustainability framework established in 2008.
This sustainability report is based upon three pillars of its business: corporate responsibility, product sustainability, and manufacturing excellence. The sustainability goals outlined in these documents are organized around these pillars, include 2030 targets (unless otherwise noted), and provide 2021 baseline performance.
Julien Born, CEO, The Lycra Company
"We believe in transparency and think it's important to have a clear sustainability roadmap to guide our business into the future—a bold plan that fully supports our customers and stakeholders," said Julien Born, CEO, The LYCRA Company. "In support of this plan, we have signed the Science Based Targets initiative (SBTi) Call-to-Action Commitment Letter, a testament to our company’s focus on lowering emissions and environmental impact. I'm proud of our teams' work to advance our sustainability efforts and develop our 2030 goals as we work toward our 2050 net-zero commitment."
This update also outlines how the company’s sustainability goals align with five of the United Nations Sustainable Development Goals (SDGs), and reports on its progress made thus far in reaching its objectives.
"We have a long legacy as an industry leader known for investing in developing sustainable fibers and collaborating across the value chain," said Jean Hegedus, sustainability director at The Lycra Company. "As we created our 2030 goals, we researched our customers' goals to ensure that our goals supported them."
Jean Hegedus, The Lycra Company
Among some of The Lycra Company’s most sustainable technology fibers there are Coolmax EcoMade fiber launched in 2008, and since then it extended its recycled product line to include fiber branded under Lycra, Lycra T400, and Thermolite. It also produces Lycra Xtra Life brand fibers for stretch apparel that delivers lasting shape and fit. The company also recently announced an agreement with Qore LLC to use Qira for bio-derived Lycra fiber at scale.
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