GlobalData offers a comprehensive analysis of Unifi, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Unifi‘s ESG performance. GlobalData’s company profile on Unifi offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Unifi, a global textile solutions provider, is committed to reducing the amount of waste that goes into landfills (at the bottom of the Waste Management Hierarchy as Treatment & Disposal) and prioritize utilizing its own by-product in its processes where possible. Unifi's latest filings mentioned the keywords 'Emissions' and 'Recycled' most number of times in relation to 'Climate Change'.
In FY2022, Unifi reduced its carbon emissions by 19% relative to its total revenue. Unifi's carbon emissions in FY2022 were 17,685 MT CO2e for scope 1 emissions and 111,616 MT CO2e for scope 2 emissions. The company's waste is categorized by landfill, recycling, waste-to-energy, and composting. In FY2022, Unifi used 471,006,964 kWh of energy, with a total energy intensity of 0.000159 MT CO2e per revenue dollar. The company's water withdrawal was 1,159,356 m3, and its water consumption was 282,528 m3.
Unifi has taken steps to reduce its emissions, including investing in the Yadkinville Mebane Complex Solar Farm, which generated 344,950 MT CO2e of avoided emissions in FY2022. The company also focuses on landfill being the least preferred disposal method and has been able to find other methods to use such as recycling wood in its Brazil facility rather than waste to energy. Unifi uses FiberPrint® to provide its customers with the highest level of confidence in the recycled claims that they make.
In conclusion, Unifi is committed to reduce its carbon emissions and continue its work towards operating landfill-free facilities and put the focus on reusing, reducing, recycling, and composting.