In 2020, like many businesses, we faced the unprecedented challenges brought on by the global pandemic. Despite these obstacles, I am incredibly proud of our teams who not only navigated the impacts of the crisis but also continued to drive progress in our sustainability initiatives. Our commitment to innovation and sustainability never wavered. We have remained focused on our 2025 sustainability goals, working tirelessly to provide our customers with high-quality textile products that have the lowest possible carbon footprint.
The textile industry has often struggled with its reputation for sustainability, but we are actively working to lead the change. We are committed to offering our customers sustainable solutions as they become more informed and passionate about the products and brands they choose. Improving sustainability in a transparent and accountable way is no easy feat, but over the past year, we have deepened our understanding of our environmental impact. We’ve developed systems to measure and monitor our progress, with guidance from recognized global leaders in verifying greenhouse gas emissions, carbon, and water footprints.
We are proud of our ethical sourcing practices, including our commitment to using cotton and recycled synthetic fibers. Transparency and ethical production are central to our values, and we firmly believe in delivering on our promises. We make every effort to ensure that our sustainability claims are backed by verifiable results, supported by third-party certifications and transparent reporting.
Looking ahead to 2023, we are excited to see our efforts come to life with the opening of our eco-friendly factory. This will be a significant milestone in the textile industry, and it aligns with our simple yet ambitious plan: to be completely carbon neutral by 2025. We are confident that with continued dedication, collaboration, and innovation, we will contribute to a sustainable future for our industry and beyond.