Business Wire

SC-MILLIKEN-&-COMPANY

22.4.2022 09:02:07 CEST | Business Wire | Press release

Share
Milliken & Company Tracks Progress on Sustainability Initiatives in Fourth Annual Sustainability Report

Today, diversified global manufacturer Milliken & Company published its fourth annual Sustainability Report, a key reporting component in the company’s progress toward its 2025 Sustainability Goals. In 2019, Milliken laid out 12 sustainability goals, focused on its people, its products and the planet, as a roadmap to achieving a healthier tomorrow. Guided by the United Nations Sustainable Development Goals, these 12 goals signal the company’s commitment to sustainability in all forms.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220422005043/en/

In 2021, Milliken eliminated coal as a primary fuel after investing $25 million into cogeneration, which combines steam and power generation. Notably, Milliken also increased the diversity of its U.S. management team by 8% and announced that its entire flooring portfolio is now carbon neutral.

“Our shared purpose and our material science expertise make us uniquely Milliken,” shares Halsey Cook, president and CEO of Milliken & Company. “We embrace not only our ability to make a positive impact on the world around us but also our responsibility to build a healthier future for this generation and generations to come.”

Completed in line with Global Reporting Initiative (GRI) Standards: Core, Milliken’s fourth report details the holistic sustainability progress made in 2021. These efforts include:

  • Recording zero lost time safety incidents from COVID-19;
  • Logging 27,000 volunteer hours—the greatest number in company history;
  • Partnering with groups including Accelerating Circularity, Polypropylene Coalition, PureCycle Technologies and the Alliance to End Plastic Waste to lend our expertise in solving product end-of-life challenges;
  • Upgrading lighting to LED lights at 13 manufacturing facilities, reducing GHG emissions by 3,000 metric tons and marking the halfway point in the goal to convert all manufacturing facility lighting to LED by the end of 2023; and
  • Increasing renewable energy use to 97,608 MWh/year, over 97% of the 2025 goal of 100,000 MWh/year.

“The cover of this year’s report is an image from the documentary, Everest , which details the dramatic true story of a team of four climbers who ascended the mountain,” says Kasel Knight, senior vice president and general counsel. “Milliken and Polartec are sponsoring the 25th anniversary re-release of this film. For us, this story of teamwork, hope and perseverance was a natural fit for our 2021 report. Our goals are lofty, but working together, we know that we can achieve a brighter, healthier tomorrow.”

To view the complete report, visit Milliken’s Sustainability Hub here .

About Milliken

Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at milliken.com and on Facebook , Instagram , LinkedIn and Twitter .

Link:

ClickThru

Social Media:

https://www.facebook.com/MillikenandCo

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

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

IQM and Real Asset Acquisition Corp. to Host Conference Call/Webcast to Discuss Proposed Transaction27.2.2026 13:00:00 CET | Press release

IQM Finland Oy, a global leader in full-stack superconducting quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”), and Real Asset Acquisition Corp. (Nasdaq: RAAQ), a special purpose acquisition company (“RAAQ”), announced that they will host a conference call to discuss their recently announced business combination, including certain transaction highlights. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260227472716/en/ IQM Radiance quantum computer As previously disclosed, on February 23, 2026, IQM and RAAQ announced they have entered into a definitive business combination agreement, which will result in IQM becoming a public company and listing American Depositary Shares on one of the two leading U.S. stock exchanges. The transaction provides funding with the aim to accelerate IQM’s technology and commercial development towards fault-tolerance quantum computing, further advancing its position as a leading p

HighRadius Launches $0 Implementation Fee, $0 Subscription Fee via Outcome Based Pricing for oCFO Software27.2.2026 12:00:00 CET | Press release

HighRadius launches Office of the CFO first Outcome Based Pricing with $0 Implementation fee and $0 Subscription until Go-Live. Customers only pay a fraction of realized gains based on P&L impact. Chapter 1: Outcome Based Pricing (OBP)Introduction of OBP: HighRadius, a provider of 190+ AI agents for Order-to-Cash, Accounts Payable, Record-to-Report, and Treasury introduces Outcome Based Pricing (OBP). Three Components of OBP: Customers pay a) $0 in Implementation fees, b) $0 in Subscription fees until Go Live, c) HighRadius earns a fraction of the actual savings realized by the client. Chapter 2: US GAAP & ASC 606 ConstraintsNot Designed for Innovation: The traditional ASC 606 model requires companies to standardize and recognize revenue based on contractual obligations. For a traditional SaaS subscription, the obligation is access to software over time. AI agents are designed to deliver quantifiable, real-time Business Outcomes that do not fit the traditional accounting framework. Cha

Kioxia Appoints Yoshihiko Kawamura as Chief Financial Officer27.2.2026 09:15:00 CET | Press release

Kioxia Holdings Corporation (TOKYO:285A), a world leader in memory solutions, today announced the appointment of Yoshihiko Kawamura as Chief Financial Officer (CFO), effective April 1, 2026. Mr. Kawamura brings extensive international experience to Kioxia, having held assignments at Mitsubishi Corporation’s U.S. headquarters, served as General Manager of its Chicago office, and completed a tenure at the World Bank. At Hitachi, Ltd., he held senior leadership positions, including Chief Strategy Officer (CSO), Chief Financial Officer (CFO), and Chief Risk Management Officer (CRMO), where he was instrumental in leading the company’s management reforms. Since joining Kioxia as Executive Vice President in June 2025, Mr. Kawamura has worked closely with the executive team to advance the business through strategic capital and financial planning. Following its initial public offering on the Prime Market of the Tokyo Stock Exchange in December 2024, Kioxia is entering a new phase of growth char

DNP Invests in Rapidus to Support the Establishment of Mass Production for Next-Generation Semiconductors27.2.2026 08:18:00 CET | Press release

Will accelerate the development and mass production of EUV lithography photomasks Dai Nippon Printing Co., Ltd. (DNP, TOKYO:7912) today announced that it has participated in Rapidus Corporation’s funding round as one of the round investors. This strategic funding initiative supports Rapidus’ plan to steadily progress from its current R&D phase to mass production of 2nm (10⁻⁹ meters) logic semiconductors by 2027. Through this initiative, DNP will advance the development and mass production of EUV lithography photomasks and support Rapidus as it establishes a mass production system for 2nm & next-generation semiconductors. Background In recent years, the rise in energy consumption, in line with increased data generation, has become a challenge, driving demand for next-generation semiconductors capable of improving device performance and reducing power consumption. Next-generation semiconductors manufactured using EUV lithography enable the formation of finer patterns on silicon wafers co

EdgeConneX Looks to Enter Swedish Market as Part of European Data Center Expansion Strategy27.2.2026 08:05:00 CET | Press release

Planned data center campus in Skellefteå would support future AI and cloud infrastructure needs EdgeConneX®, an EQT portfolio company with an extensive Pan-European data center footprint, looks to expand its presence with a new site located in Skellefteå, Sweden. The data center site will be acquired from Lyten, a global company that specializes in lithium-sulfur batteries and energy storage. The site would support EdgeConneX broader strategy to expand digital infrastructure capacity across the Nordics. Subject to the completion of applicable administrative and regulatory processes, EdgeConneX will look to develop a data center campus with potential capacity of up to one gigawatt in support of future AI and cloud computing workloads. Upon completion, the data center campus would be one of the largest facilities in Europe that would be primarily powered by renewable energy. “Sweden represents an attractive long‑term market for digital infrastructure investment. The country’s access to r

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye