Kornit Digital has committed to saving 4.3 trillion litres of water and 17.2 billion kilograms of greenhouse gas emissions, and reducing overproduction in the fashion industry by 1.1 billion items by 2026.
Its first-ever impact report titled ‘2020 Impact and Environmental, Social, and Governance Report’ affirms Kornit’s commitment to achieving specific ESG goals. This includes the way Kornit conducts business, creates meaningful impact in local communities, and achieves environmental sustainability, in addition to how Kornit will continue to build a diverse and inclusive company culture, foster employee growth and development, and empower fair and safe labor practices globally.
Ronen Samuel, CEO, said: “These KPIs reflect Kornit’s core values, embedded into every aspect of our business.
“Our vision is to boldly transform the world of fashion and textiles for a better, more sustainable planet. This report serves as our roadmap to achieving this vision.
“The fashion industry is unfortunately responsible for severe ecological damage, producing nearly 20% of global wastewater each year and over-producing an average of 30% as an integral part of its ‘normal’ course of doing business. We are laser-focused on changing that trajectory. Sustainability is top of mind at Kornit, in our spirit and in practice, every single day.”
By 2026, Kornit’s sustainable on-demand solutions are expected to enable the production of approximately 2.5 billion apparel items in a responsible manner to deliver:
- Zero overproduction: By moving the industry to on-demand manufacturing, Kornit will help eliminate the estimated 1.1 billion apparel items overproduced using traditional production methods, based on an industry average of 30% overproduction. This is about one apparel item for each and every person living in Europe and North America – saved.
- Zero water waste: In addition to eliminating overstocks, Kornit-enabled production on demand will support saving an estimated 4.3 trillion litres of water. This is the estimated amount of drinking water needed for the entire US population for 11 years.
- Reduced CO2 emissions: By enabling sustainable on-demand production, consuming less energy, and generating less waste, Kornit will prevent an estimated 17.2 billion kilograms of greenhouse gas emissions, compared to traditional manufacturing methods. This is equivalent to the estimated amount of carbon dioxide emitted from circumnavigating the entire planet with a car nearly 2,400 times.
Mr Samuel concluded: “While we are proud of our progress towards achieving the goal of being a technology leader for environmental, social, and responsible corporate citizenship, and empowering the global fashion industry to elevate its creative possibilities while shrinking its ecological footprint, we know there is more work to be done. This report holds us accountable to our vision of providing the efficient, conscientious, uncompromising on-demand capabilities our stakeholders, employees, customers, and the global marketplace demand. These KPIs reflect Kornit’s core values, embedded into every aspect of our business.”
To read the report in full visit www.kornit.com