#Sustainability

2021-09-30

Suominen shifting to fossil-free electricity in Europe

As part of Suominen's active work to reduce greenhouse gas (GHG) emissions, the nonwovens producer shifting entirely to fossil-free electricity in all its European plants. “This shift is one of the measures we are taking to reduce our GHG emissions in the future,” says Juan Carlos Esteve, Director, HSEQ.

Sustainability is at the core of Suominen's strategy. Suominen aims to reduce its energy and water consumption, landfill waste, and greenhouse gas emissions respectively by 20% per ton of product by 2025, compared to the base year of 2019. In 2020, the greenhouse gas emissions of the company decreased by 14.9% per ton of product.

Suominen is constantly looking for various ways to decrease the greenhouse gas emissions from its operations. “The shift towards sustainable energy sources is a huge step forward for us, but other measures remain important as well. For example, improvements in the energy efficiency have a direct impact on our emissions,” Esteve explains.

Reducing the environmental impact of its operations ensures that Suominen can offer more sustainable products to its customers. “By shifting to fossil-free electricity sources, we can significantly reduce the carbon footprint of our products. As part of our sustainability work, we are calculating the carbon footprint of our nonwovens as well as corporate level emissions annually,” says Noora Rantanen, Sustainability and Marketing Manager.

Suominen has a long history of developing products that combine sustainability, quality, and performance. Suominen’s sustainable product portfolio combines their nonwovens with the lowest environmental impacts. The portfolio consists of products made of renewable, recycled and/or plastic-free raw materials as well as compostable and totally dispersible nonwovens suitable for every purpose.

Suominen AGM 2026: no dividend, Board composition confirmed, share buyback authorized

Suominen Corporation has held its Annual General Meeting (AGM) on April 15, 2026 as a remote meeting without a physical venue. The AGM adopted the Financial Statements for 2025 and discharged the members of the Board of Directors as well as the President and CEO from liability for the financial year. The AGM also approved the Remuneration Report for 2025 in line with the existing Remuneration Policy, with the resolution being advisory.

Suominen launches three-year profitability improvement program and introduces new operating model and leadership team

Suominen is launching a three-year program to improve the company’s profitability. The Full Potential Program targets 10% EBITDA by 2028. Suominen is also introducing a new functional operating model, with a dedicated focus on customers and factories, designed to strengthen expertise and effectiveness.

Suominen reports weaker 2025 results amid market pressure and US supply incidents; no dividend proposed

Suominen Corporation has published its unaudited Financial Statements Release for January 1–December 31, 2025, describing the year as an “unsatisfactory performance in a challenging environment”. Net sales and profitability declined year-on-year, reflecting lower volumes, adverse currency effects and intensified competition, while the company points to two significant incidents at its US facilities that constrained supply and weighed on both sales and profitability in the third and fourth quarters.

Updated supply chain taxonomy advances apparel alignment

The apparel alliance (Apparel Impact Institute, Cascale, Textile Exchange, and ZDHC Foundation) today announced the launch of Version 2 of the Supply Chain Taxonomy, an updated harmonized framework designed to improve consistency, transparency, and collaboration across the textile, clothing, leather, and footwear (TCLF) sectors of the broader apparel industry.

EU ban on destroying unsold clothing and footwear now in force

The European Union's ban on the destruction of unsold clothing, clothing accessories and footwear has entered into force. Since July 19, 2026, large companies across the EU have been prohibited from destroying unsold textile products, while medium-sized companies will be required to comply with the same rules from 2030.

Eastman Naia™ brings its inside-out denim vision to Kingpins New York

Following its debut at Kingpins Amsterdam, Eastman Naia™ brings the next chapter of its denim story to Kingpins New York, taking place July 22–23. At Booth Green 7, Naia™ presents its denim proposition built around three complementary design directions: Performance Denim, Fashion Denim and Authentic Denim.