Sustainability

YKK Achieves Highest ‘A List’ Rating In 2023 CDP Survey

Garment accessories manufacturer YKK Corporation has for the first time achieved the highest ‘A List’ rating in the 2023 Climate Change survey conducted by environmental disclosure nonprofit, CDP.

CDP evaluated over 21,000 companies based on information reported through its climate change, deforestation, and water security questionnaires.

“Just under 400 or 2 percent of these have been named on its 2023 A List for disclosing actionable, high quality environmental data,” the Japanese company said in a press release.

YKK added that it has demonstrated a longstanding dedication to sustainability, epitomised by its Sustainability Vision 2050.

This plan sets forth objectives across five key areas like climate change, material resources, water resources, chemical management, and respect for people, aligned with UNSD Goals (SDGs).

YKK is steadfast in its commitment to combating climate change, with a clear aim of achieving climate neutrality by 2050, in line with the 1.5°C target outlined by the Science Based Targets (SBT) initiative.

By 2030, YKK aims to slash Scope 1 and 2 emissions by 50 percent and Scope 3 emissions by 30 percent compared to 2018 levels.

“YKK’s commitment to sustainability is deeply rooted in our corporate philosophy of the Cycle of Goodness,” Minoru Maeda, Vice President of the Environment & Safety Management Department said.

“Since announcing our Sustainability Vision 2050, we’ve implemented energy-saving measures, adopted renewable energy, and enhanced transparency with third-party audits of greenhouse gas emissions,” he added.

YKK is a manufacturer of apparel accessories like zippers, plastic hardware, hook and loop fasteners, webbing tapes, and snap and buttons.

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions.

Over 24,000 organisations around the world disclosed data through CDP in 2023, with more than 23,000 companies, including listed companies worth two-thirds global market capitalisation.

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