Business Wire

The LYCRA Company Completes Higg Facility Environmental Module (FEM) Self-Assessment at Six Manufacturing Sites

Share

The LYCRA Company, a global leader in sustainable fiber solutions for the apparel industry, has completed the Higg Facility Environmental Module (FEM) self-assessment at all six of its LYCRA® fiber manufacturing sites. The robust impact assessment – which reviews environmental management systems, energy use, emissions, water usage, wastewater, and waste and chemical management at the facility level – helps manufacturing locations establish an environmental baseline to pursue continuous improvement.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210316005175/en/

The LYCRA Company’s Maydown site is one of the company's six sites that has completed Higg Facility Environmental Module (FEM) self-assessment (Photo: Business Wire)

The LYCRA Company’s Maydown site is one of the company's six sites that has completed Higg Facility Environmental Module (FEM) self-assessment (Photo: Business Wire)

The LYCRA Company’s Maydown site, located in the North West of Northern Ireland, piloted the module more than a year ago. Based on initial learnings, the remaining five production facilities completed self-assessments simultaneously.

“I would like to thank all of the sites and the team that assisted them for their efforts in achieving this significant milestone,” said Gary Huffman, director of operations excellence, The LYCRA Company. “Having all sites complete the module underscores our commitment to manufacturing excellence across a broad variety of sustainability parameters and gives us a framework for future improvements.”

Modules posted to the Higg portal in December 2020 and can now be shared securely with customers upon request through the Higg platform, offering insights into The LYCRA Company’s sustainability performance and reinforcing its commitment to transparency.

Nish Vasavada, global director of environment, health and safety (EHS) for The LYCRA Company, said his team is developing a plan for an approved independent third party to audit the site modules this year. “This would give us confirmation of our performance and likely provide new insights as to how and where we can improve,” Vasavada noted.

The Higg Index suite of tools was developed by The Sustainable Apparel Coalition (SAC). The Higg FEM gives manufacturers, brands and retailers a clear, holistic picture of facility-specific environmental performance and impacts. Assessments help identify and scale opportunities for sustainability improvementsthat protect the well-being of factory workers, local communities and the environment. The LYCRA Company, the only spandex (elastane) producer member of the SAC, plays an active role on several sub-committees of the coalition.

Third-party assessments like the Higg FEM are a key component of The LYCRA Company’s sustainability platform, Planet Agenda, which spans all aspects of business operations through three core pillars: corporate responsibility, manufacturing excellence and product sustainability. Additional certifications include Global Recycled Standard (GRS) certification of the company’s EcoMade family of recycled products; Standard 100 certification by OEKO-TEX® for LYCRA®, LYCRA® T400®, COOLMAX® and THERMOLITE® fibers; and Cradle to Cradle Certified™ Product Standard Material Health Certificates (Gold Level) for 25 LYCRA® fiber products.

About The LYCRA Company

The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries. Headquartered in Wilmington, Delaware, The LYCRA Company is recognized worldwide for its innovative products, technical expertise, and unmatched marketing support. The LYCRA Company owns leading consumer and trade brands: LYCRA®, LYCRA HyFit®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX®, and TACTEL®. The LYCRA Company’s legacy stretches back to 1958 with the invention of the original spandex yarn, LYCRA® fiber. Today, The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. For more information, visit www.thelycracompany.com.

Contact information

Karie Ford
karie.j.ford@lycra.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

The Federation of Royal Colleges of Physicians Approves UpToDate Clinical Decision Support for CPD20.4.2021 15:30:00 CEST | Press release

UpToDate, the clinical decision support tool from Wolters Kluwer, Health has been approved by the Federation of the Royal Colleges of Physicians of the United Kingdom as a continuing professional development (CPD) activity. The organization is a collaboration between the Royal College of Physicians of London, Royal College of Physicians of Edinburgh, and Royal College of Physicians and Surgeons of Glasgow. The colleges have more than 50,000 members among them worldwide. The approval of UpToDate comes following new guidelines introduced by the Federation that recognize the use of online resources with current medical content (e-libraries) as CPD. Earning CPD while caring for patients Members will now be able to earn and track credits eligible for continuing professional development while using UpToDate to research clinical questions at the point of care. CPD credits are earned from UpToDate by consulting information relevant to a specific clinical question, thus broadening clinical know

MSCI Calls on Capital to Lead the Net-Zero Revolution20.4.2021 15:21:00 CEST | Press release

Addressing climate change will require the largest reconstruction of the global economy since the Industrial Revolution, according to a report published today by MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community. ‘The Role of Capital in the Net-Zero Revolution’highlights how capital markets participants must be a powerful and positive force to urgently drive the systemic transformation needed to avert climate catastrophe. This call to action identifies specific steps that companies as well as owners and managers of capital must take to drive the achievement of a net-zero economy by 2050. Analysis by MSCI of its All Country World Investable Markets Index (MSCI ACWI IMI) - a measure of approximately 9,000 publicly listed companies across 50 developed and emerging markets with a market value of over USD 70 trillion1 – revealed those companies annually emit an estimated 11.2 gigatons of carbon dioxide equivalent (

PPG Reports Increased Sales of Sustainably Advantaged Products, Continued Progress on Sustainability Goals20.4.2021 15:04:00 CEST | Press release

PPG (NYSE:PPG) today launched its 2020 Sustainability Report, highlighting the company’s strong, continued progress against key environmental, social and governance (ESG) areas. The report is available at sustainability.ppg.com. “Our unwavering commitment to ‘protect and beautify the world’ guides our more than 46,000 employees to further advance our sustainability progress each day,” said Michael H. McGarry, PPG chairman and chief executive officer. “We continue to innovate, invest and develop sustainably advantaged products and processes that our customers and other stakeholders count on to create a more sustainable future. As highlighted in our latest Sustainability Report, we have made significant progress within our many ESG-related initiatives, and we continue to drive our ambitious targets forward.” Throughout last year, PPG improved the sustainability of its products, processes and operations, decreasing its overall global environmental footprint. Achievements included: 35% of

Magnitude Introduces Cloud-Scale Business Insights for ERP Systems20.4.2021 15:00:00 CEST | Press release

Magnitude Software, provider of continuous intelligence for the data-driven enterprise, today announced the release of Magnitude Angles Cloud, a cloud-based version of the company’s Angles process analytics solution. Angles Cloud greatly accelerates the delivery of powerful business insights from SAP and Oracle ERP systems directly to operational leaders in finance, supply chain, manufacturing and distribution, enabling them to make faster, more effective business decisions. Traditional business intelligence reporting requires custom development by teams of data scientists, skilled in translating the complex data schema of ERP systems, to build reports consumable by business users. Magnitude Angles provides a context-rich business data model that abstracts this complexity and includes thousands of pre-configured templates and reports to put operational analytics in the hands of business users. By eliminating the need for time-consuming custom development to provide near real-time busin

Introducing the HARMAN Ignite Store Developers Portal: Dedicated Automotive Hub for Android Developers20.4.2021 15:00:00 CEST | Press release

HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced the introduction of the HARMAN Ignite Store Developers Portal – a developer hub dedicated to the Android Automotive developer community. Through the Developers Portal, those developing to the Android Automotive open operating system can deploy automotive apps – which OEMs can then easily scale and manage to drive new digital touchpoints with their customers through the HARMAN Ignite Store. As the cloud continues to drive both disruption and opportunity across mobility, the Ignite Store Developers Portal applies HARMAN’s decades of expertise across automotive and technology segments to accelerate the creation, deployment, and consumer adoption of in-vehicle apps. Android developers now can benefit from toolkits, technical documentation, access to APIs, and HARMAN’s existing network of OEMs, while automotive manufacturers ca

Tradeweb Joins Climate Bonds Initiative Partners Program20.4.2021 15:00:00 CEST | Press release

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has joined the Climate Bonds Initiative’s Partners Program, a global movement seeking to mobilise bond markets for climate change solutions. Climate Bonds Initiative is an international, investor-focused not-for-profit organisation, promoting investment in projects and assets necessary for a rapid transition to a low carbon and climate resilient economy. The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans and other debt instruments. The rigorous scientific criteria ensure consistency with the goals of the Paris Climate Agreement. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritize investments, which genuinely contribute to addressing climate change. The Climate Bonds Initiative has been tracking the green labelled market since 2009. By par

BIO KOREA 2021 International Convention Is Ready - Showing What Makes Korea’s Bio-health Market at Record High20.4.2021 14:00:00 CEST | Press release

The 16th edition of BIO KOREA, the reference B2B event for global biotech and health industry professionals interested in opportunities in the Asian region, will be held online from 9th to 21st June 2021 with an onsite show at COEX in Seoul from 9th to 11th June. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210420005089/en/ In the global market, the bio-health industry is notching an annual average growth rate of 4 percent, higher than the shipbuilding and auto-making industry at 2.9 percent and at 1.5 percent, respectively. Especially, the Korean bio-health industry shows remarkable growth – its bio-health industry set a new milestone in outbound shipments with a 50 percent jump last year, led by robust demand for COVID-19 test kits and biosimilar products. With the record high export figures, the bio-health sector joins the ranks of the mainstay export industry for the first time in its history. The game-changers of the