Faisalabad, Pakistan headquartered Interloop has received approval from the Science Based Targets initiative (SBTi) for setting its greenhouse gas emissions reduction targets. The targets are based on the latest climate science and cover the full set of its emissions - Scope 1, 2 and 3.

This milestone is a major move for Interloop on its mission to lighten its environmental impact as the company moves toward decarbonisation. Interloop is the first large-scale enterprise and textile manufacturing company in Pakistan to have approved Science Based Targets.

The company’s target statement is as follows: “Interloop Limited commits to reduce absolute scope 1 and 2 GHG emissions 51% by FY2032 from a FY2022 base year. * Interloop Limited also commits to reduce absolute scope 3 GHG emissions 30% within the same timeframe.”

In October 2020, Interloop took ambitious steps to align its practices with science-based targets. By submitting these targets to the Science Based Targets initiative (SBTi), an independent organisation promoting emission reduction best practices in line with climate science, the company has successfully had its near-term emissions reduction targets assessed, verified, and approved.

“We have significantly ramped up our investment in clean energy and continuous process improvement to reach our targets,” says Navid Fazil, Chief Executive Officer at Interloop. “With rigorous emissions tracking and transparent reporting, we are determined to confront challenges head-on and make substantial progress along the way.”

“Moving forward, Interloop will continue to collaborate with stakeholders, partners and customers to accelerate our shared sustainability journey and contribute to a greener future.”

Fauz Ul Azeem, Sustainability & Chemical Management Lead, emphasised, “Our priority is to deliver on the commitments we have made. We are working with our value chain partners to decarbonise our industry while ensuring long-term business resilience.”

Interloop Limited is a leading textile manufacturing company in Pakistan producing hosiery, knitted apparel, denim and seamless activewear. With a strong focus on innovation, sustainability, and social responsibility, the company has established itself as a trusted partner for global brands and retailers. The company is committed to reducing its environmental impact and contributing to the well-being of communities.

For more information on Interloop’s science-based targets, please click here.

*The target boundary includes land-related emissions and removals from bioenergy feedstocks.