Page 88 - Interloop Sustainability Report 2019
P. 88

THE WAY FORWARD







            Interloop is committed to continue   existence and delivering shared value   Sustainable production facility in the           vertically integrated Knitwear garments   recycling and less consumption of   Transparency enhances trust among
            working as a responsible corporate   for all stakeholders. Pursuing our   region. The current production capacity             manufacturing plant at the new   water in our operations, reduced   stakeholders and helps to win the
            citizen, creating shared value for all   Vision 2020, “To double our turnover   of 500,000 garments per month is              Interloop Apparel Park, with production   GHG emissions and sustainable   confidence, critical for competitive
            stakeholders, in line with our Mission,   by 2020 through value addition,   planned to be scaled up to 1,000,000              capacity of 5.4 million garments per   procurements.              advantage and success in the market
            “To be an agent of positive change for   process improvement and nourishing   garments per month by 2021. It will             month by 2021. The ramp up plan for                               place. We commit to engage our
            the stakeholders and community by   talent”, we are on a growth curve and   be a LEED Platinum Certified plant                Seamless Active wear production is   Human capital is vital for realizing our   stakeholders on regular basis and
            pursuing an ethical and sustainable   enhancing our capabilities. We aim to   with the target to engage females as            540,000 garments per month by 2021.    mission and vision. We continuously   publish an annual sustainability report
            business. We are focused on pursuing   produce high quality environmental   50% of the total workforce, will have                                              endeavor and are committed to    to share our story with our stakeholders
            sustainability in all spheres of our   friendly products meeting customer   in-house day care, at least 30% area              We are well aware of upcoming    providing a productive and safe   and interested parties. Moreover, we
            business activities and to practice   requirements. Our newly established   as green space, discharge ZERO                    Environmental sustainability challenges   workplace to our people without   are committed to continue supporting
            it more effectively, we have defined   Hosiery Plant 5 pilot project is   hazardous material and waste, reduce                on account of our operational    any discrimination, nourishing their   the Sustainable Development Goals
            targets in material sustainability areas   planned to be scaled up to a vertically   carbon footprint by up to 50%, will      activities as well as activities of our   talent through on the job and external   of United Nations Development
            and are endeavouring to achieve   integrated Sustainable manufacturing   save approximately 35million liters of               supply chain partners and are all   trainings and rewarding them with   Programme through our initiatives and
            them. Our targets for the next five   facility, with installed capacity of   water per month and will focus on                set to tackle them responsibly. We   market based compensation and   operations, for Building a Sustainable
            years term, due to start in FY 2021 will   1280 knitting machines, producing   maintaining & enhancing worker safety.         will be introducing Environmental   benefits. Community development has   World.
            enlighten the road map further towards   approximately 17.28 million pairs of   For the Knitwear Pilot Project; a Cut to      targets for all businesses, aligned   always been an important focus area
            a sustainable business with inclusive   socks per month.          Pack garment manufacturing facility,                        with relevant UNDP Sustainable   for Interloop Limited. Following our
            growth.                                                           having current production capacity of                       Development Goals (SDGs). We     mission of being an Agent of Positive
                                             The newly set up Denim Apparel   1.2 million garments per month, plans                       aim to create positive environmental   Change, we are committed to continue
            Healthy and sustained economic   Manufacturing Plant is the most   are in place to put up a state of the art                  impact through effective strategies,   making interventions in education,
            returns are critical for business   technologically advanced and                                                              investment in new technologies   health, sports, women empowerment
                                                                                                                                          having minimal impact, enhancement   and literary activities for the under
                                                                                                                                          in clean energy production, efficient   privileged, developing prosperous and
                                                                                                                                          energy management, increased water   thriving communities.






































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