Coats Group PLC

Common Name
Coats Group
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Employees
16,042
Ticker
COA
Exchange
LONDON STOCK EXCHANGE
Description
Coats Group plc is a leading global player in the field of industrial thread manufacturing. With a rich heritage dating back over two centuries, the company specializes in producing high-quality threa...

Coats Group's Climate Target Data Preview

As of 2024, Coats Group has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Coats Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
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Verified Sources Behind Coats Group’s Climate Targets Data

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a. Coats Group's Sustainability Report 2024
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Insights into Coats Group's Greenhouse Gas Emissions Pathways

As of 2024, Coats Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Coats Group have a target to reduce the emissions from its operations?

As of 2024, Coats Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Coats Group's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 264,400 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Coats Group is ahead of schedule on its operational emissions reduction target, having achieved 73.41% of the planned reduction. a

Coats Group's Operational (Scope 1+2) Emissions Pathway

2019202420302050070 k140 k210 k280 kBaselineCurrent (-66%)Target 2030 (-46%)Target 2050 (-90%)

Does Coats Group have a target to reduce the emissions from its value chain?

As of 2024, Coats Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Coats Group's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 1,009,900 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Coats Group is on track to meet its value chain emissions reduction target, having achieved 15.89% of the planned reduction. a

Coats Group's Value Chain (Scope 3) Emissions Pathway

2019202420500300 k600 k900 k1.2 MBaselineCurrent (-14%)Target 2050 (-90%)
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