YKK, world’s largest zipper manufacturer, unveils its Sustainability Vision 2050 – a five-prong strategy that addresses climate change, material resources, water resources, chemical management and human rights as well as 10 of the 17 United Nations Sustainable Development Goals (SDGs).
The announcement was made during the digital Copenhagen Fashion Summit.
The new sustainability goal has been developed around the company’s prior environmental commitments like waterless dyeing processes and product collections, zippers made from plant-based polyester, plastic bottles, recycled ocean waste and organic cotton.
The company’s Sustainability Vision 2050 serves a roadmap for the company’s agenda of achieving net-zero emissions by 2050.
The benefit from the agenda will be passed on to apparel manufacturers using the company’s fasteners.
The process will start by tackling greenhouse gas emission and increasing the use of renewable energy. This will start through streamlining operations and processes with the use of more efficient manufacturing and auxiliary equipment.
Moreover, the company also plans to work on certain sustainability goals by 2030. The first is to completely replace the use of coal with the installation of renewable power sources at its owned facilities for power generation by 2030.
The company also plans to reduce the Scope 1 (direct emissions) and Scope 2 (indirect emissions) by 50 per cent and 30 per cent reduction in Scope 3 emissions – or all indirect emissions not included in Scope 3 that occur in the value chain. This would be achieved by using the sustainable textile materials such as recycled materials or those that are naturally derived.
It also plans to replace all vinyl and plastic packaging materials with recyclable or reusable alternatives and increase its waste recycling rate to 90.
The sustainability agenda also includes chemical and water management part where it commits to take action to reduce water intake through efficient usage, new water-saving production methods and increased recycling of wastewater. This will help in water resource depletion and degradation.
The wastewater will be managed at all its manufacturing sites in accordance with Government regulations and YKK in-house standards established on standards like Zero Discharge of Hazardous Chemicals (ZDHC).