DyStar’s 2016 report is the first of their reports to map the 17 United Nations Sustainable Development Goals (UN SDGs) against the four commitments that continue to define the company’s sustainability framework: creating responsible products and solutions; conserving planetary resources; caring for people; and communicating with stakeholders.
These commitments define the company’s sustainability framework. This is the seventh year of reporting for the company that aspires to become the world’s most sustainable and responsible supplier of colors, chemicals and services to the global textile industry.
2016 saw the successful acquisition of Emerald Performance Materials LLC, a leading American manufacturer and marketer of specialty chemicals, thus paving the way for DyStar’s long-awaited entry into the food and beverage industry. This and other factors, including active efforts to improve operational efficiency across existing production sites, have helped the company surpass four of its six 2020 targets, said the report. The company’s product portfolio is broader than ever but their newer product ranges come with the added advantage of being, on average, less resource-intensive to manufacture.
The report has also highlighted the company's future sustainability goals. The textile and apparel sector have set high hopes for the new team of chemists tasked with advancing green chemistry approaches for the industry. When completed, the new Global Innovation Center in Nanjing, China, will host state-of-the-art laboratories dedicated to process technology development and research on next-generation alternatives. On the services front, DyStar’s online tool eliot is gaining popularity among customers, brands and retailers for the reliability of its modules. Conceived more than a year ago, eliot aims to empower users with the information they need to make responsible choices in product selection and process optimisation. (RR)
Fibre2Fashion News Desk – India