Welspun Living Inititavies in Envoirment Social & Governance

Welspun Living and its vision to spearhead a sustainable textile revolution

ESG

Welspun Living's Vision for a Sustainable Textile Revolution

The textile industry is one of the significant contributors to the global climate crisis and textile manufacturers around the world are actively taking steps to reduce their carbon footprint as a result of this. Sustainability is no longer a trend to hop on but a crucial responsibility of every member of the industry. Welspun Living is taking its role as a global leader in home textiles seriously and has embarked on an ambitious journey to revolutionise the industry with an unwavering commitment to sustainable practices. The company has a vision it is actively working towards to lead by example and spearhead a sustainable revolution in the textile industry.

Welspun Living Aims to Utilise 100% Renewable Energy in its Operations by 2030

Welspun Living recognises the significant environmental impact of traditional energy sources. To address this, they've set a bold target: achieving 100% reliance on renewable energy in their operations by 2030. This ambitious goal involves investing in solar and wind power generation, reducing dependence on fossil fuels, and lowering their carbon footprint. By transitioning to renewables, Welspun Living sets a powerful example for the industry, demonstrating the feasibility and benefits of sustainable energy adoption.

100% Sustainable Cotton Use in World-Class Textile Product Manufacturing by 2030

Cotton, the heart of many textile products, often comes with environmental baggage. Welspun Living demonstrates a willful commitment to change that. Their goal of using 100% sustainable cotton in their products by 2030 involves promoting responsible farming practices, reducing water usage, and minimising the use of harmful chemicals. The sustainable farming program – WelKrishi, empowers over 26,000 farmers across 3 states in India with knowledge and know how on sustainable farming practices leading to lesser use of harmful chemicals, better water management and protection of soil health for future generations. 

Efforts to Drastically Reduce Landfill Contribution and Improve Waste Management

Landfills are overflowing with textile waste, posing a significant environmental challenge. Welspun Living is incorporating several measures in its waste management operations to reduce landfill contribution and address this issue. These measures involve implementing several strategies, including waste reduction at source, recycling and upcycling initiatives, and exploring innovative solutions like biodegradation. By closing the loop on waste, Welspun Living champions circularity in the textile industry, minimising its environmental footprint and setting a standard for responsible waste management.

Embracing the Power of Women in an Inclusive Workforce: The SPUN Initiative

Sustainability extends beyond the environment; it encompasses social responsibility as well. Welspun Living recognises the power of women and their immense contribution to the textile industry. Through their SPUN (Sustainability, Passion, Understanding and Nurturing) initiative, they empower women from rural communities by providing vocational training and employment opportunities. This not only promotes gender equality and economic empowerment but also fosters a diverse and inclusive workforce, enriching the company culture and contributing to its overall success.

Wastewater Treatment Facilities for Renewable Water Sources

Water scarcity is a growing concern, and the textile industry is a major water user. Welspun Living tackles this challenge head-on with its wastewater treatment facilities. Their plant in Anjar, Gujarat, is a prime example, treating municipal sewage water to stringent standards and making it reusable for industrial purposes. Additionally, the Sewage Treatment Plant (STP) is supplemented by Welspun Living’s internal efforts and initiatives to reduce water intensity in their overall operations by using resource-efficient technologies.

Welspun Living's vision for a sustainable textile revolution is not just a dream; it's a tangible roadmap being actively pursued. Through their ambitious goals and innovative initiatives, they are setting a powerful example for the industry, demonstrating that sustainability is not just possible but essential for long-term success. By focusing on renewable energy, sustainable cotton sourcing, waste reduction, women empowerment, and water conservation, Welspun Living is weaving a future where luxury goes hand-in-hand with environmental and social responsibility. As they continue on this path, they inspire others to join them in creating a more sustainable textile industry for the benefit of our planet and its people.