Sustainable trims leader announces Sustainability Vision 2050 addressing climate change, material resources, water resources, chemical management and human rights
Submitted by YKK Corporation of America
YKK's Sustainability Vision 2050
TOKYO, October 12, 2020 /CSRwire/ – At today’s Copenhagen Fashion Summit, global sustainable trims leader YKK announced the YKK Sustainability Vision 2050, which will serve as a roadmap to the company achieving net-zero emissions by 2050, among other targets. The Sustainability Vision 2050 consists of five themes with corresponding sustainability goals, as well as ten SDGs.
Theme 1: Climate Change Tackle greenhouse gas emissions and increase use of renewable energy
With the goal of being carbon neutral by 2050, YKK commits to a 50% reduction of Scope 1 (direct emissions) and Scope 2 (indirect emissions) emissions from a 2018 baseline year by 2030. It also commits to a 30% reduction in Scope 3 emissions (all indirect emissions not included in Scope 2 that occur in its value chain). In order to achieve these targets, YKK will:
Theme 2: Material Resources Increase use of sustainable materials
YKK commits to reducing waste and the use of petroleum derived materials throughout the lifecycle of its Fastening products. It further commits to contributing to the transition to a circular society by eliminating production and plastic waste and by developing products designed for circularity. In order to achieve these targets, YKK will:
Theme 3: Water Resources Reduce water use and manage wastewater
To combat serious water resource depletion and degradation, YKK commits to the following actions:
Theme 4: Chemical Management Manage and reduce chemical usage
To ensure a healthy environment for future generations, YKK will reduce the environmental impact caused by chemicals used in the manufacture of its products using the following measures:
Theme 5: Respect people Uphold human rights and ensure fair, safe work environments
YKK pledges to uphold the universal philosophy of respecting the dignity and rights of all human beings. The company commits to being inclusive and improving work environments throughout its supply chains by:
YKK to Focus on ten United Nations Sustainable Development Goals (SDGs)
To ensure that its sustainability roadmap is aligned with needs of society, YKK mapped each of its five themes with the UN SDGs. While the company intends to tackle all 17 SDGs, the following ten were identified as the ones on which YKK could make the most impact:
“YKK is constantly pursuing the creation of a sustainable society through our business,” said Hiroaki Otani, President, YKK Corporation. “At the core of all our corporate activities is the philosophy of YKK founder Tadao Yoshida, the ‘Cycle of Goodness.’ The idea that ‘no one prospers without rendering benefit to others’ clearly expresses the YKK Group's corporate spirit of continuing to prosper together with society and related industries, and we consider it to be a concept that leads to sustainability. Under the ‘Cycle of Goodness,’ YKK will address the essence of sustainability through our businesses and products and will continue to take on challenges in order to remain a socially good company.”
While YKK’s Sustainability Vision 2050 and goals are new, protecting the environment is part of YKK’s DNA. In 1994, YKK announced its first “Environmental Pledge” that proclaimed “harmony with the environment” as the “highest priority of YKK’s business activities.” In that same year, YKK launched the NATULON® zipper, which recycles approximately 3,600 plastic bottles per 10,000 zippers. NATULON® Ocean Sourced™, a premium collection of zippers made from plastic waste that has been collected within 50 km of the coastline of Sri Lanka, launched in January 2020. YKK’s GreenRise™ zipper, the first in the industry to use plant-based polyester, thereby achieving a 30% reduction in petroleum usage, was launched in 2019. YKK’s sustainable trim collection also features organic cotton zippers and zippers made using YKK’s ECO-DYE® dyeing technology, which has completely eliminated the usage of water in the dyeing process.
Since the company’s founding in Tokyo in 1934, YKK has continuously set industry standards for quality, service, value, and innovation in the production of zippers, plastic hardware, hook and loop fasteners, webbing tapes, and snap and buttons. With integrated production and supply systems in 72 countries and regions around the world, YKK is positioned to meet the needs of the many industries we serve as they increasingly diversify and require shorter product cycles. Guided by the CYCLE OF GOODNESS® philosophy – no one prospers without rendering benefit to others – YKK aims to contribute to a sustainable society through its products and manufacturing operations and constantly seeks new ways to serve the changing needs of its customers while at the same time investing in its employees and giving back to its communities.
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