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Stock impact report

How Sapphire Mills Cut Scope 1 and 2 Emissions by 54.7 Percent from Its 2022 Baseline [Yahoo! Finance]

KERING SA UNSP/ADR (PPRUY) 
NASDAQ:AMEX Investor Relations: kering.com/en/finance
Company Research Source: Yahoo! Finance
Here, Raffay Bin Rauf, head of sustainability at Sapphire Mills, discusses the Pakistan-based textile manufacturer's new EarthTone colored cotton collection and how the mill utilizes advanced technology to minimize its water consumption and reduce its reliance on coal. More from Sourcing Journal Kering, LVMH and More Fashion Brands Are Sitting Out the U.N.'s Climate Talks The LYCRA Company Partners with Qore® to Launch Sustainable, Corn-Based Fiber Chain Reaction: Kate Klemmer Terry of Outerspace on Navigating Consumer Needs and Demand Spikes RIVET: How did Sapphire Mills achieve a significant reduction in Scope 1 and 2 emissions compared to its 2022 baseline? Raffay Bin Rauf: Sapphire Mills has made substantial progress by transitioning from fossil fuels to renewable energy sources, achieving a reduction of 54.7 percent in our Scope 1 and 2 emissions. Our cogeneration plant now runs entirely on 100 percent biomass, using agricultural waste such as rice husks. This shif Show less Read more
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