As a part of its commitment to upholding ESG initiatives, Welspun Living has swiftly undertaken a massive transformation towards circular manufacturing procedures.
Within the paradigm of ESG Excellence at Welspun Living, circular economy models are preferred, where the flow of resources functions in a continual loop, whereby materials are allotted for usage throughout their whole lifespan, thereby maximising their overall value. At the conclusion of the lifecycle, they are recovered and regenerated thereafter into newer products and materials as a part of ESG integration strategies, thereby building a closed resource management loop in turn.
Welspun Living’s ESG initiatives span several path-breaking innovations in the world of sustainable textiles. It is one of the biggest home textile and bedsheets brands in India today and has taken concrete measures to address challenges pertaining to inefficiencies and waste. Shifting away from a linear economy model, it has built a more resilient and sustainable resource management model in line with the goal of becoming carbon neutral.
Circular systems have been carefully integrated into the operational process as a part of ESG Excellence at Welspun Living. The manufacturing units at Vapi and Anjar have already adopted major energy conservation steps for mitigating climate change effects. The brand also has the coveted OEKOTEX® Standard 100 certification, which is a testament to its commitment towards ensuring the production of more sustainable textiles.
Circular economy-based models have been a major part of ESG initiatives taken by Welspun Living. Some of the benefits include the following:
Towards achieving ESG Excellence at Welspun Living, the brand has implemented a circular approach towards tackling the water crisis globally. It has set up wastewater treatment plants for recycling of wastewater and reduction of fresh water consumption. It has sorted and labelled waste to prioritise and identify materials that can be repurposed, recycled, or reused.
The SPUN initiative ensures a more positive impact through the diversion of factory waste each month from landfills. It also offers a platform for women to showcase their artistic capabilities and talents. It has tripled income for women and also changed their lifestyles. From waste disposal and production to raw material procurement and supply chains, the brand has integrated circularity and sustainability into its whole value chain. Circular manufacturing and other models for sustainable textiles have been adopted by Welspun Living rapidly with a view toward achieving sustainable development and 100% renewable energy by 2030. This goal is the benchmark that is driving several game-changing ESG initiatives at Welspun Living today.