Gildan reinforces its commitment to sustainability in 2023

Gildan has been included in the Dow Jones Sustainability North America Index for the 10th consecutive year and in CDP’s Leadership Band in its 2022 Climate Change report.

In 2022, Gildan was the only apparel manufacturing company included in the North America Index and in the Climate Change report Gildan scored an A- for its environmental performance and the transparency of its environmental disclosures.

Glenn Chamandy, president and CEO of Gildan, said: “Gildan’s continued inclusion in DJSI and CDP’s Leadership Band underscores and reinforces our strong commitment to operating sustainably, ethically and transparently.

“For more than two decades, we have been raising the bar when it comes to our ESG initiatives, recognising the importance of ESG as an integral part of our business strategy and important element to our success. This mindset, combined with our vertically integrated business model and our strong, talented workforce, have allowed us to position Gildan as a leading company for ESG practices. Having recently embarked on our Next Generation ESG strategy, we plan to continue to expand our positive ESG impacts even further.”

In the DJSI, Gildan achieved an industry best score within the Textiles, Apparel and Luxury Goods sector in the areas of governance, environmental reporting, social reporting, and product stewardship.

Gildan’s inclusion in CDP’s Leadership Band reflects the company’s efforts in driving its climate strategy throughout the organisation. Gildan’s score was based on 2021 ESG performance data, which includes enhanced disclosures on climate risk management and board oversight on climate-related matters, the launch of its Next Generation ESG strategy and introduction of science-based GHG emissions reduction targets, as well as its initial evaluation using the TCFD framework with plans to become fully aligned by 2025.

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