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RNS Number : 8797W Coats Group PLC 14 December 2023
14 December 2023
Coats Group plc
Changes to the membership of the Sustainability Committee
Coats Group plc ('Coats' or the 'Company'), the world's leading industrial
thread and global footwear component manufacturer, announces that Sarah
Highfield will join the Sustainability Committee with effect from 1 January
2024.
Sarah joined the Board on 1 November 2023 as a Non-Executive Director, and she
is also a member of the Nomination Committee and a member and Chair Designate
of the Audit and Risk Committee.
This notification is made in accordance with LR 9.6.11.
Stuart Morgan
Chief Legal & Risk Officer and Group Company Secretary
Enquiry details
Investors Victoria Huxster / Investor Relations +44 788 0471350 / +44 772 0999764
Julian Wais
Media Richard Mountain / FTI Consulting LLP +44 203 7271340
Nick Hasell
About Coats Group plc
Coats is a world leader in thread manufacturing and structural components for
apparel and footwear, as well as an innovative pioneer in performance
materials. These critical solutions are used to create a wide range of
products, including ones that provide safety and protection for people, data,
and the environment. Headquartered in the UK, Coats is a FTSE250 company and a
FTSE4Good Index constituent. Revenues in 2022 were $1.6bn. Trusted by the
world's leading companies to deliver vital, innovative, and sustainable
solutions, Coats provides value-adding products, including apparel, accessory
and footwear threads, structural components for footwear and accessories,
fabrics, yarns, and software applications. Customer partners include companies
from the apparel, footwear, automotive, telecoms, personal protection, and
outdoor goods industries. With a proud heritage dating back more than 250
years and a spirit of evolution to constantly stay ahead of changing market
needs, Coats has operations across some 50 countries with a workforce of over
18,000, serving its customers worldwide. Coats connects talent, textiles,
and technology to make a better and more sustainable world. Worldwide, there
are four dedicated Coats Innovation and Sustainability Hubs, where experts
collaborate with partners to create the materials and products of tomorrow. It
participates in the UN Global Compact and is committed to Science-Based
sustainability targets for 2030 and beyond, with a goal of achieving net-zero
by 2050. Coats is also committed to achieving its goals in Diversity, Equity
and inclusion, workplace health and safety, employee and community wellbeing,
and supplier social performance. To find out more about Coats, visit
www.coats.com
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