Zipper and fastening products manufacturer YKK has launched a new business policy ‘Sustainable Growth under the New Normal’ that emphasizes on digitalization, sustainability, and diversity. As per Textile World, YKK has created a new, enhanced R&D division called the Technology Innovation Center (TIC) that will focus on developing entirely new technologies, materials, and new business. The company will invest 2.5 billion yen in this division to establish a Digital Business Planning Department. The company also plans to enhance its collaboration with customers through partnerships with digital platforms.
Over the next four years, YKK will invest an additional 2.5 billion yen in sustainability initiatives such as eco-friendly product development, solar power generation, and energy-saving measures. Additionally, YKK will continue to focus on human rights and diversity, the fifth pillar of its Sustainability Vision 2050. Under the plan, the company has committed to becoming more diverse and inclusive and improving work environments throughout its supply chains, and will continue to implement the YKK Global Criteria of Compliance audit, a comprehensive standard based on the ISO26000 guidelines.