Milliken & Company commits to net-zero future
Spartanburg, SC – Diversified global manufacturer Milliken & Company announced that its science-based, net-zero targets have been approved by the UN-backed Science Based Targets Initiative (SBTi). SBTi is a collective of international organizations committed to helping companies set emission reduction targets in line with climate science and the Paris Agreement.
“At Milliken, sustainability is a core value,” said Halsey Cook, president and CEO of Milliken & Company. “Climate change is putting pressure on communities, businesses and our planet. Now is the time to take meaningful action.”
SBTi calculates companies are now committed to reducing emissions in line with climate science represent $38 trillion— one third — of the world economy. Milliken is one of the first 50 companies worldwide to achieve approved science-based net-zero targets and joins a group of more than 1,300 companies that have made net-zero commitments using the 2021 SBTi Corporate Net-Zero Standard. Milliken said it is the first company to be approved in South Carolina, where its global headquarters are located.
“Not all net-zero values are created equal, which is why Milliken is committed to achieving true net-zero GHG emissions in the value chain by 2050 from a 2018 base year,” said Kasel Knight, general advisor and chief of sustainability at Milliken. “By partnering with SBTi, our net-zero commitment, along with our approved short- and long-term goals, has been fully vetted by the best available science on a global scale.”
Cook added: “We are proud that Milliken is leading this work. Our goals enable our team of more than 8,000 people to reduce risk, minimize impact, operate efficiently, control costs and find new ways to deliver products.”