Climate Change Data

Interloop Limited

Climate Impact & Sustainability Data (2020-07 to 2021-06, 2021-07 to 2022-06, 2022-07 to 2023-06)

Reporting Period: 2020-07 to 2021-06

Environmental Metrics

Total Carbon Emissions:136,409 MtCO2e/year
Scope 1 Emissions:124,248 MtCO2e/year
Scope 2 Emissions:12,161 MtCO2e/year
Renewable Energy Share:5.9 MW (5.948 MW total installed capacity)
Total Energy Consumption:2,226,309 GJ/year
Water Consumption:3,584 ML/year (withdrawal), 1,058 ML/year (consumption)
Waste Generated:8,261,198 kg/year (non-hazardous sold), 18,048 kg/year (hazardous incinerated)

ESG Focus Areas

  • Climate Change
  • Sustainable Materials
  • Water Stewardship
  • Waste and Circularity
  • Workforce Diversity
  • Employee Well-being
  • Community Investment
  • Economic Growth

Environmental Achievements

  • Reduced GHG emissions by 21,295 Mt in 2021
  • Reduced energy consumption by 26,605 GJ in 2021
  • Achieved 9.0% reduction in water consumption
  • 47.6% of total raw material from sustainable sources
  • Installed 3.818 MW solar energy project, reducing approx. 4,660 tons of CO2e emissions per annum
  • LEED Platinum certification for Denim factory
  • Cradle to Cradle Certified® (C2C) Gold level for Socks Re-Gen
  • Jeans Redesign certified

Social Achievements

  • Provided decent work and employment opportunities to 25,000+ people
  • Empowered 8,000+ people through Lean tools and trainings
  • Provided quality education to 4,000 children at 29 TCF schools
  • Provided free healthcare services to 25,000 patients
  • Increased women representation to 8%
  • Implemented Reconnect program for women employees
  • Fair Trade USA certification for Hosiery Division II

Governance Achievements

  • No corruption incidents recorded
  • Compliance with all guidelines prescribed by the Securities & Exchange Commission of Pakistan (SECP)
  • Robust sustainability policies and exceptional performance enabled by governance structure, code of conduct and sustainability team

Climate Goals & Targets

Short-term Goals:
  • Reduce GHG emissions by 25% by FY2026
  • Increase use of sustainable raw materials to 70% by FY2026
  • Reduce water consumption by 25% by FY2026
  • Divert 100% waste from landfills by FY2026
  • 100% ZDHC Supplier to Zero certified facilities by FY2026
  • Increase workforce diversity by 30% by FY2026
  • Boost Employee Engagement by 70% by FY2026
  • Train up to 80% workforce on relevant and future competencies by FY2026

Environmental Challenges

  • Supply chain disruptions due to the pandemic and global economic recovery
  • Increased costs and lead times in the supply chain
  • Water scarcity in the operating region
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Deployed Inspectorio Sight software for supply chain visibility
  • Implemented water-efficient technologies (Nano-bubble technology, Sustainable Textile Bleaching)
  • Increased use of renewable energy

Supply Chain Management

Supplier Audits: 100% of new suppliers screened for environmental and social impacts

Responsible Procurement
  • Green Purchasing strategy
  • Compliance with international standards
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (Core Level), SASB Apparel, Accessories and Footwear Standard, UNGC

Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS-18001:2015, ISO-50001:2011, SA-8000, ISO-17025, ISO-17043, LEED Platinum (Denim), Fair Trade USA (Hosiery Division II), Oeko-Tex Standard 100, BCI, GOTS, GRS

UN Sustainable Development Goals

  • Goal 1 (No Poverty)
  • Goal 2 (Zero Hunger)
  • Goal 3 (Good Health and Well-being)
  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 6 (Clean Water and Sanitation)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 10 (Reduced Inequalities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)
  • Goal 14 (Life Below Water)
  • Goal 15 (Life On Land)
  • Goal 16 (Peace, Justice and Strong Institutions)
  • Goal 17 (Partnerships for the Goals)

Interloop's initiatives contribute to these goals through various programs and operational practices.

Sustainable Products & Innovation

  • Socks Re-Gen
  • Circular denim products

Awards & Recognition

  • UNGC Living The Global Compact Best Practices Sustainability Award 2020
  • LEED Platinum certification
  • Most Preferred Employer in Textile Industry Award

Reporting Period: 2021-07 to 2022-06

Environmental Metrics

Total Carbon Emissions:143,985 tCO2e/year
Scope 1 Emissions:124,268 tCO2e/year
Scope 2 Emissions:19,717 tCO2e/year
Renewable Energy Share:4.2% of total energy use
Total Energy Consumption:2,468,602 GJ/year
Water Consumption:1,071 million liters/year (consumed)
Waste Generated:10,648,040 kg non-hazardous/year, 36,575 kg hazardous/year

ESG Focus Areas

  • Climate Change
  • Water Stewardship
  • Sustainable Materials
  • Waste Management
  • Workforce Diversity & Inclusion
  • Employee Well-being
  • Community Development
  • Supply Chain Sustainability
  • Governance

Environmental Achievements

  • Reduced GHG emissions by -1.35% (Scope 1 only)
  • Increased use of sustainable raw materials to 70%
  • Achieved 50% waste diversion from landfills
  • Reduced water consumption by 134,720 m3
  • Increased renewable energy capacity to 7.9 MW, reducing approximately 4,660 tons of CO2e emissions per annum

Social Achievements

  • Launched Women on Wheels program to empower women
  • Provided free healthcare services to over 55,000 patients
  • Invested in education for 4,300 less privileged children
  • Boosted employee engagement (specific percentage not provided)
  • Increased workforce diversity (specific percentage not provided)

Governance Achievements

  • Established an ESG committee in 2022
  • Increased women's representation on the Board to 15% (with a pledge to increase to 33%)
  • Increased women's representation in the Management Committee to 25%

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Reduce GHG emissions by 25% by FY26
  • Increase women's representation on the Board to 33%
Short-term Goals:
  • Reduce water consumption by 25% by FY26
  • Divert 100% of waste from landfills by FY26
  • Ensure zero discharge of hazardous chemicals by FY26
  • Increase sustainable raw materials to 70% by FY26

Environmental Challenges

  • Devastating floods in Pakistan impacting operations and communities
  • Increased GHG emissions due to business expansion
  • Increased energy consumption due to business expansion
  • Limited data availability on supply chain impacts
Mitigation Strategies
  • Pledged close to one million dollars for flood relief activities
  • Implemented various initiatives to reduce GHG emissions (e.g., renewable energy, energy efficiency)
  • Implemented various initiatives to reduce water consumption (e.g., water-efficient technologies, recycling)
  • Deployed Inspectorio Sight software for supply chain visibility

Supply Chain Management

Supplier Audits: 100% of new suppliers screened for environmental and social impacts

Responsible Procurement
  • Green Purchasing strategy
  • Compliance with international standards
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Droughts
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Renewable energy adoption

Reporting Standards

Frameworks Used: GRI Standards (Core Level), SASB Apparel, Accessories, and Footwear Standard

Certifications: LEED Gold (Hosiery Plant 5), LEED Platinum (Interloop Denim)

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 17

Interloop's strategy and business actions are aligned with the UN SDGs; contributions detailed throughout the report

Sustainable Products & Innovation

  • Socks Re-Gen
  • Circular jeans

Awards & Recognition

  • A&G Performance Award 2022 (People Category)
  • 1st prize in the Large National Enterprises category at The Global Compact Business Sustainability Awards 2021

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

Scope 1 Emissions:104,005 tCO2e
Scope 2 Emissions:29,521 tCO2e
Scope 3 Emissions:319,121 tCO2e
Total Energy Consumption:2,208,766 GJ
Water Consumption:928 ML
Waste Generated:13,260 tons

ESG Focus Areas

  • Climate Change
  • Water Stewardship
  • Sustainable & Traceable Materials
  • Waste and Circularity
  • Workforce Diversity
  • Employee Well-being
  • Community Investment
  • Board Diversity
  • Responsible Business Conduct
  • Human Rights

Environmental Achievements

  • Mitigated over 29,029 metric tonnes of emissions from biomass installation, solar energy and energy efficient infrastructure.
  • Reduced GHG emissions (Scope 1 & 2) despite addition of new facilities.
  • Achieved 8MW solar energy capacity, reducing approximately 4,660 tons of CO2 emissions annually.
  • Biomass fuel use resulted in savings of 12,712 tons of CO2e in 2023.
  • Reduced water consumption by 164,726 m3 of freshwater intake.
  • Increased use of recycled materials to 3% in 2023.

Social Achievements

  • Increased women’s representation at the company board to 44% and in the top executive body to 25%.
  • Launched Pakistan’s first T20 cricket series for women, with over 120 women participating.
  • Provided free healthcare services to approximately 100,000+ patients.
  • Supported thousands of flood-affected families.
  • Launched Interloop Organic Kapas project, supporting 1000 farmers across 5,000 acres.

Governance Achievements

  • Established ESG Committee.
  • Board comprises four female Directors (44%).
  • Stringent processes in place to prevent and mitigate conflicts of interest.

Climate Goals & Targets

Long-term Goals:
  • Carbon-neutral future by 2050.
Medium-term Goals:
  • 51% reduction in Scope 1 and Scope 2 emissions by 2032.
  • Increase workforce diversity to 30% by 2025.
Short-term Goals:
  • Increase Interloop Organic Kapas to 10,000 acres and 2,000 farmers by 2025-26.

Environmental Challenges

  • Supply chain disruptions due to global challenges (inflation, political conflicts, floods).
  • Cultivation of raw materials as a significant source of emissions.
  • Data limitations for comprehensive supply chain impact assessment.
Mitigation Strategies
  • Launched direct-to-farm cotton projects (Interloop Organic Kapas and Interloop Regen Kapas).
  • Science Based Targets Initiative (SBTi) approved emission reduction targets.
  • Collaboration with suppliers to improve environmental and social performance.
  • Investing in renewable energy (solar and biomass).

Supply Chain Management

Supplier Audits: 28 suppliers assessed for environmental and social impact.

Responsible Procurement
  • Green Purchasing strategy.
  • Supplier code of conduct.
  • Sustainability criteria for new supplier induction.
  • Looptrace for cotton traceability.

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather patterns
  • Raw material availability
Opportunities
  • Renewable energy production

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: LEED Gold (Plant 5), LEED Platinum (Denim Plant), LEED Gold (Hosiery Plants 4 & 5), Fair Trade USA (Hosiery Division II), ISCC Plus (LOOMSHAKE)

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 14
  • Goal 15
  • Goal 16
  • Goal 17

Interloop's initiatives contribute to these goals through its operational activities and community development initiatives.

Sustainable Products & Innovation

  • Interloop Organic Kapas
  • Interloop Regen Kapas
  • LOOMSHAKE yarn from banana waste
  • Circular jeans
  • Cradle to Cradle Certified® Gold level socks

Awards & Recognition

  • UN GCNP Sustainability Award
  • Best Employer to Work With in Textile Sector Award
  • Occupational Safety, Health & Environment Award
  • Tom Tailor Supplier Excellence Award
  • Most Preferred Employer in Textile Industry Award