Going Further with Planet Agenda

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SPONSORED CONTENT – The LYCRA Company, a global leader in developing durable, sustainable and innovative fibre and technology solutions for the apparel and personal care industries, recently released the publication of its second annual Planet Agenda Update and its abridged Global Sustainability Scorecard for fiscal year 2022. These documents report on the company’s progress toward achieving its 2030 sustainability goals announced in last year’s publication.

Planet Agenda is the name of The LYCRA Company’s sustainability framework that touches every aspect of its business and is built on three pillars: product sustainability, manufacturing excellence and corporate responsibility.

The sustainability goals outlined in these documents are organized around these pillars and align with five of the United Nations Sustainable Development Goals (SDGs).

This update tracks 2022 performance against 2030 targets.

“With Planet Agenda as our foundation, our goals are meant to complement those of our customers, helping to drive measurable change across the value chain,” said Nicolas Banyols, chief commercial officer, The LYCRA Company. “Sustainability will continue to be a key driver of innovation as we look to provide long-lasting, lower-impact solutions for the leading manufacturers, brands, and retailers that we work with across the apparel and personal care industries.”

Highlights of the report include news on innovative products for sustainable fashion, including fibres made from recycled and renewable inputs to reduce carbon emissions as well as durable fibres for long wear life; the company’s recent collaboration with Qore®, a joint venture between Cargill and Helm, to enable bio-derived LYCRA® fibre;

a notable reduction in greenhouse gas emissions driven in part by the company’s Maydown, Northern Ireland site converting its purchased electricity to renewable sources through Energy Attribution Certificates (EACs); and three manufacturing sites achieving third-party verified top-quartile performance in the Higg Facility Environmental Module (FEM), with two achieving the same level in the Higg Facility Social & Labor Module (FSLM). 

“We see Planet Agenda as a shared endeavor with our customers and partners, united in the belief that to have a healthy business we must have a healthy planet,” said Jean Hegedus, The LYCRA Company’s director of sustainable business development. “Our heritage of working together with our customers and other third parties, along with the urgent need for collaboration throughout the value chain in order to meet the industry’s goals, inspired the theme of the 2022 Planet Agenda Update: Together, we go further.”

Through the strategic framework of Planet Agenda, The LYCRA Company is demonstrating how the company is contributing today and will contribute tomorrow to the sustainability of the apparel and personal care industries.

 

To download a copy of the 2022 Planet Agenda Update or 2022 Global Sustainability Scorecard, visit

lycra.com/update

 

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