Crystal International has been recognised for its reporting and disclosure of climate-related data and practices during the 2023 CDP reporting cycle and its adherence to the Task Force on Climate-related Financial Disclosures (TCFD) framework.
Out of over 23,000 participating companies worldwide across various industries, Crystal International emerges in the top 1.5%, achieving an “A” score for the first time.
Crystal International said it has also reduced its ESG risk level from 15.3 to 14.9, maintaining a ‘Low Risk’ ranking in Sustainalytics, surpassing industry averages and ranking 43rd out of more than 200 peers in the textile and apparel sector.
Commenting on the announcement, Catherine Chiu, vice president of global sustainability at Crystal International said: “This is a major step and breakthrough in our ESG disclosures. Transparency is essential to analysing environmental actions, managing risk and uncovering opportunities. Our efforts never end, and we feel motivated to accelerate our pace.”
Crystal International’s sustainability agenda remains firmly focused on carbon reduction, with a commitment to achieving net zero emissions by 2050 and reducing aggregate carbon emissions by 35% by 2030.
The manufacturer has integrated its net zero strategy into its daily operations, prioritising low-carbon manufacturing, expanding renewable energy usage, enhancing productivity and energy efficiency, and adopting green technologies.
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By GlobalDataDriven by a sense of purpose to positively impact the planet, Crystal International pledges to elevate its environmental excellence and advance sustainable fashion to the next level.