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 GHG Emissions Data Preview

In 2023, Coats Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Coats Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Coats Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Coats Group amounted to 223,900 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Coats Group decreased by 14.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Coats Group's Scope 1 Emissions Over Time

2019202120222023020 k40 k60 k80 ktCO2e-7%-13%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Coats Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Coats Group were 51,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Coats Group reduced its Scope 1 emissions over time?

Since 2019, Coats Group's Scope 1 emissions have decreased by 29.66%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Coats Group's Scope 1 emissions decreased by 13.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Coats Group's Scope 2 emissions?

In 2023, Coats Group reported Scope 2 greenhouse gas (GHG) emissions of 59,400 tCOâ‚‚e using the market-based method, and 172,200 tCOâ‚‚e using the location-based method.

Has Coats Group reduced its Scope 2 emissions over time?

Since 2019, Coats Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.97%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Coats Group's Scope 2 emissions (Location-Based) fell by 14.71% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Coats Group use for Scope 2 reporting?

In 2023, Coats Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Coats Group's Scope 2 Emissions Over Time

2019202120222023060 k120 k180 k240 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Coats Group's Value Chain Emissions

In 2023, Coats Group reported 882,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Coats Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Coats Group's Scope 3 Emissions Over Time

20192021202220230300 k600 k900 k1.2 MtCO2e+11%-15%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Coats Group's Scope 3 emissions?

In 2023, Coats Group reported total Scope 3 emissions of 882,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Coats Group reduced its Scope 3 emissions over time?

Since 2019, Coats Group's Scope 3 emissions have decreased by 16.78%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Coats Group's Scope 3 emissions decreased by 11.65%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Coats Group's Total Carbon Footprint

In 2023, Coats Group reported a total carbon footprint of 1,106,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.22% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Coats Group's total carbon footprint was Scope 3 emissions, accounting for 79.77% of the company's total carbon footprint, followed by Scope 2 emissions at 15.56%.