Home / Knowledge / News / Textiles / Crystal group selected as keystone company of SDG2000

Crystal group selected as keystone company of SDG2000

28
Feb '20
Pic: Shutterstock
Pic: Shutterstock
Crystal group has been selected by World Benchmarking Alliance (WBA) as a keystone company of the SDG2000: the most influential 2,000 companies for a sustainable future. This benchmarks the impact on the United Nations Sustainable Development Goals (SDGs) and recognises the companies having the capability to move to a more sustainable future.

SDG2000 is comprised of companies from various industries that collectively make up half of the entire global economy. Crystal is being identified as having the most impact in two of the seven key transformation areas: social and circular. WBA selected the keystone companies based on five principles of sector dominance and control, global supply chain connectedness, institutional influence, and footprint. Crystal’s progresses and efforts made towards SDGs will be ranked in the coming years. The ranking, which will be freely and publicly available, will provide a new benchmark for investors, consumers, and all other stakeholders about how these 2,000 keystone companies are performing on SDGs, according to Crystal.

Crystal began the sustainability journey in 2007. Its sustainability framework and initiatives align with the SDGs to achieve a sustainable future for all. For instance, Crystal has planted over 2.8 million trees globally; empowered thousands of women workers; mounted photovoltaic panels to expand the use of renewable energy; contributed to local economic growth in the communities where Crystal operates; recycled and sourced sustainable supplies to achieve responsible consumption and production, to name a few.

In the coming future, Crystal will continue our commitment to scaling up the sustainability work and constantly execute different projects to align with SDGs. For example, Crystal targets to build a circular economy model, roll out roadmap on long term carbon reduction to step up our efforts to tackle climate change, partner with global organisations to drive collaborative and scalable impacts, and further empower women with new projects.

“As one of the shortlisted companies, we are delighted to be named on this first-ever SDG2000 list. This will definitely encourage us to work continuously towards the achievements of SDGs,” Catherine Chiu, general manager of corporate quality and sustainability department of Crystal said.

Fibre2Fashion News Desk (GK)


Must ReadView All

Pic: Shutterstock

E-commerce | On 3rd Mar 2021

Digital e-com rules may negatively affect developing

Many digital rules being framed by a group of 86 countries under the...

Pic: Shutterstock

E-commerce | On 3rd Mar 2021

Jordan govt urged to impose tax on online purchases from

Asad Qawasmi, who represents the garment and jewellery sector at the...

Pic: Huntsman Textile Effects

Textiles | On 3rd Mar 2021

Huntsman, Sciessent partner for microbe & odour resistant

Huntsman Textile Effects, a Singapore-based provider of high-quality...

Interviews View All

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Anavila Misra, Anavila Collection

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Erwin Devloo,

Erwin Devloo

Picanol develops, produces and markets high-tech weaving machines, based...

Awanda Booth,

Awanda Booth

Held every year in New York City, Surtex is a global business-to-business...

Neeraj Sharma,

Neeraj Sharma

Headquartered in Surat, Gujarat, Orange O supplies digital textile...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search