Polyester fibres and products producer Teijin Limited has committed to setting science-based targets to provide it with a clear route to reduce greenhouse gas emissions.
The Japanese company’s goals are being developed in line with the reductions required to keep global warming below 2C from pre-industrial levels, and will be validated as Science Based Targets (SBT) within two years, after it submitted a commitment letter to the SBT Initiative last month.
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The SBT provides companies with a clearly defined pathway to future-proofing corporate growth by specifying how much and how quickly they need to reduce their greenhouse gas emissions.
Teijin aims to be validated for committing to a target of well under two degrees in line with the SBTi’s criteria.
The company’s current targets for lowering its group-wide environmental impact include reducing CO2 emissions in fiscal 2030 by 20% compared to the fiscal 2018 level, and then achieving net-zero emissions by fiscal 2050.
Teijin’s solutions are being delivered in three key fields: environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness.
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By GlobalDataIt’s products include Cordley high-grade artificial leather, Nanofront ultra-fine polyester nanofibre, and Ecopet polyester fibres, textiles and garments made from recycled plastic PET bottles, clothes and fibre waste.
Last month the company established a new research and development facility in the Netherlands, tasked with developing technologies for a more sustainable world.
