Gildan Publishes Stand-Alone Climate Change Disclosure Report
As part of its continuing push toward sustainability, Gildan announced in late December of 2022 that it has published its first stand-alone Climate Change Disclosure Report. According to sources, the report is structured in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations.
The report highlights how Gildan assesses, prepares, and integrates climate-related matters into its business processes, as shared by an article on Accesswire. In addition, the company states that it also represents a significant step toward fully aligning with the TCFD framework by 2025, which is part of the apparel manufacturer’s commitments under its Next Generation ESG strategy.
Gildan’s 2022 Climate Change Disclosure Report is part of the company’s 2022 reporting suite, which includes the 2021 Annual Report and 2021 ESG Report that were published earlier in 2022. “Gildan has been monitoring and addressing climate-related risks and opportunities for over 15 years, and the TCFD framework allows us to better understand our physical and transitional risks, as well as opportunities to enhance our resiliency over the long-run,” said Peter Iliopoulos, senior vice president, taxation, sustainability, and governmental affairs at Gildan in a press statement.
Gildan isn’t the only company working within the apparel and textile industry to spur change when it comes to sustainability. Companies such as HanesBrands, Kornit, and others are all leading the charge to address one of the biggest challenges in the industry.
For those apparel decorators interested in implementing more eco-friendly business practices in their shops, Dominic Rosacci and the team at Denver-based Superior Ink have some real-life advice for you.