Gildan Recognized by Dow Jones and CDP for Sustainability Efforts
Gildan Activewear announces its inclusion in the Dow Jones Sustainability North America Index (DJSI) for its environmental, social, and governance (ESG) practices — making it the 10th straight year of inclusion in the DJSI. This year, Gildan was the only apparel manufacturing company named, according to a press release. Additionally, for the third time, it’s in CDP’s Leadership band (2022 Climate Change report), receiving an A- score for its environmental performance and transparency.
“Gildan’s continued inclusion in DJSI and CDP’s Leadership band underscores and reinforces our strong commitment to operating sustainably, ethically, and transparently,” says Gildan President and CEO Glenn Chamandy. “For more than two decades, we have been raising the bar when it comes to our ESG initiatives, recognizing the importance of ESG as an integral part of our business strategy and an important element to our success.”
Gildan is listed within the Textiles, Apparel, and Luxury Goods sector of the DJSI for its corporate governance, environmental reporting, social reporting, and product stewardship. Its inclusion in CDP’s Leadership band was based on 2021 ESG performance data, including:
- Enhanced disclosures on climate risk management
- The launch of its Next Generation ESG strategy
- Introduction of science-based GHG emissions reduction targets
- Evaluation using the Task Force on Climate-Related Financial Disclosures framework (expected to be fully aligned by 2025)
Gildan isn’t the only garment manufacturer taking active steps toward a more sustainable future. HanesBrands recently launched a sustainable project promoting the reuse of textile waste in the Dominican Republic. On the decorator side, Colorado-based Superior Ink works hard to implement more sustainable strategies.