Sateri launches sustainability vision for 2030
Sateri, the worldâ€™s largest viscose producer, has launched its sustainability vision for 2030 to guide the companyâ€™s strategic growth in the coming decade.
Sateri, the worldâ€™s largest viscose producer, has launched its sustainability vision for 2030 to guide the companyâ€™s strategic growth in the coming decade. The vision is anchored around four key pillars in response to environmental and social challenges faced by the cellulosic fibre industry: climate and ecosystem protection, closed loop production, innovation and circularity, and inclusive growth.
The Vision comes with a time-bound roadmap and measurable targets. It encompasses notable targets including net-zero carbon emissions by 2050, achieving 98 per cent Sulphur recovery rate at all its mills by 2025, utilising textile waste and produce viscose products with 50 per cent recycled content by 2025 and 100 per cent by 2030, and supporting more than 300,000 local families and smallholder farmers to develop sustainable livelihoods.
Highlighting the significance of the Vision to the company, Sateriâ€™s President Allen Zhang said, â€œAs a raw material supplier, Sateri will do our part and respond to the urgent need to decouple growth from further resource impact. This is something that will underpin our growth, in addition to quality, productivity, cost and continuous improvement which are well-embedded in the company.â€
Sateri was set up in Shanghai in 2002 as Chinaâ€™s first wholly foreign-owned cellulose enterprise a year after China joined the World Trade Organisation. Within two decades, it grew to become the worldâ€™s largest viscose producer with five viscose mills and a yarn spinning mill in various parts of China. In more recent years, it has diversified from woven to non-woven and Lyocell fibres, and with differentiated products including recycled fibres.