SHANGHAI – Chinese viscose giant Sateri, a Royal Golden Eagle Group (RGE) company, has announced a new 2030 Sustainability Vision, through which a four-pronged approach will be made to reinforce: Climate and Ecosystem Protection, Closed Loop Production, Innovation and Circularity, and Inclusive Growth.
Amongst the targets of Sateri’s, which received a ‘red/yellow’ shirt in the last week’s Hot Button rankings, is the goal of having net-zero carbon emissions by 2050 and increasing the uptake of textile waste so that its viscose includes 50 per cent recycled content by 2025 and 100 per cent by 2030.
President Allen Zhang commented: “As we enter a new decade, we will continue to grow and diversify our product offerings to customers, and remain a vital raw material supplier. But our growth strategy cannot be based on just volume and scale. We want to be a value and purpose-driven company, and there are compelling reasons for us to do so.”