HOYU Textile is proud to announce the establishment of science-based carbon reduction targets, officially approved by the Science-Based Targets initiative (SBTi) on January 5, 2024. This achievement aligns with the Paris Agreement goal to limit global warming to 1.5°C, making HOYU the first SME in Taiwan's textile industry to receive SBTi approval.
In collaboration with Crowe (TW) CPAs, HOYU developed a carbon reduction strategy based on 2018 emissions levels.
The company commits to reduce Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030.
This plan was submitted and reviewed under the official SBTi framework.
HOYU will publish its first ESG sustainability report by 2024, disclosing our greenhouse gas emissions inventory.
We are committed to transparency and actively taking steps to reduce our carbon footprint.
HOYU continues to lead in green textile innovation. Since 2022, we launched NEUCYCLE®, an advanced TPU recycling technology. This innovation was recognized with the "Innovative Technology Award" at the 2023 Taiwan Circular Economy Awards.
NEUCYCLE® enables efficient recycling and reprocessing of Mingle Recycled TPU series materials, supporting circular economy practices.
With nearly 60 years of experience in Taiwan, HOYU operates a vertically integrated facility for weaving, dyeing, and finishing.
We introduced recycled PET bottle fibers in 2004 and established our CYCLEPET® in 2007.
Our ongoing investments focus on:
We aim to balance business growth with environmental responsibility, contributing to a sustainable future.
Our greenhouse gas emissions and SBTi targets will be independently verified under the ISAE 3410 standard by Crowe (TW) CPAs, ensuring data transparency and integrity.