Soorty announces SBTi validation

Karachi, Pakistan – 30 July, 2024 – Soorty Enterprises, a global leader in responsible denim production, announces the Science Based Targets initiative (SBTi) validating its near-term and net-zero greenhouse gas (GHG) emission reduction targets. These targets align with the 1.5°C ambition and represent the highest level of commitment within the SBTi framework.

We've taken a pioneering step towards sustainability and become the first organization in Pakistan to commit and achieve net-zero GHG emissions across our value chain by 2050. This landmark pledge and our unwavering dedication to environmental stewardship and sustainable practices are taken despite the challenges the developing world faces, particularly in mapping its scope 3 emissions.

Technical Statements:

1. Soorty Enterprises commits to reaching net-zero GHG emissions across the value chain by 2050.
2. Soorty Enterprises commits to reduce absolute Scope 1 & 2 GHG emissions by 54.60% by 2033 from a 2021 base year.
3. Soorty Enterprises also commits to reducing absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, business travel, and employee commuting by 54.60% within the same timeframe.
4. Soorty Enterprises commits to reduce absolute Scope 1, 2 & 3 GHG emissions by 90.00% by 2050 from a 2021 base year.

"These commitments reflect our unwavering dedication to a sustainable future," said Asad Soorty, Director of Soorty Enterprises. "We believe that by setting these ambitious targets, we are not only contributing to global climate goals but also driving innovation and efficiency within our operations and supply chain. Our journey towards net zero is a testament to our commitment to environmental sustainability, social responsibility, and economic growth."

"Achieving these targets is not something a business can do in isolation. We must collaborate with government bodies, the international community, NGOs, universities, scientists, and the entire supply chain. We are setting these ambitious targets for ourselves and are eager to partner with all stakeholders to make them a reality," added Mobeen Chughtai, Group Head of Corporate Communications & CSR. "It is only together that we can drive meaningful change and create a sustainable future for all."

The SBTi validation confirms that Soorty's proactive approach to mitigating climate impact aligns with global efforts to limit global warming to 1.5°C above pre-industrial levels, representing Soorty's accountable commitment to operate in an environmentally responsible manner.

The company's comprehensive plan includes significant reductions in Scope 1 and Scope 2 emissions, which are direct and energy-related emissions from its operations. Additionally, Soorty is addressing Scope 3 emissions, which encompass indirect emissions from its value chain, including purchased goods and services, transportation, and business travel.

Soorty's comprehensive approach spans the entire supply chain, from responsible material sourcing to energy-efficient manufacturing. The company employs advanced technologies and practices to minimize waste, reduce water usage, and enhance energy efficiency. Soorty also actively engages with its supply chain partners and stakeholders, working towards shared goals, which drives innovation while promoting sustainable production. This holistic strategy sets a benchmark for the industry and contributes to a more sustainable future.

Soorty Enterprises has long been a pioneer in the denim industry, renowned for its innovative approaches to sustainable production. The many efforts of the company include investments in renewable energy, enhancing water efficiency, and continuously updating its technology to reduce dependency on natural resources and minimize waste. By promoting circular economy practices and improving the lives of workers and communities, Soorty solidifies its leadership role and commitment to positive environmental impact.

For more information about Soorty Enterprises' sustainability initiatives and progress, please visit soorty.com.

About Soorty Enterprises
Soorty is a family of engineers and designers passionate about creating denim that looks and feels good, embodying innovation, design, and sustainability. Leveraging vertically integrated infrastructure across Pakistan, and Bangladesh, Soorty offers LEED-certified production, co-creation facilities, and design centers in global fashion hubs. It is the only company with LEED Platinum and Cradle2Cradle Gold certifications for both its denim mill and garment factory, underscoring its commitment to sustainability. Soorty's reverse vertical integration effort, the Soorty Organic Cotton Initiative and Soorty Regenagri Initiative, sources responsibly grown fiber and improves farmer incomes in Pakistan's most impoverished areas. The company also drives social change through the Prism Project, employing hearing-impaired individuals in high-noise areas, and the SEWS program, which uses street theater to promote female employment and shift perceptions in underprivileged communities.