Gildan’s Latest ESG Report Highlights Community Contributions, Reduced Emissions, and More
Gildan announces that it has published its latest Environmental, Social, and Governance (ESG) report, marking the company’s 19th year of public ESG disclosures. This year’s report highlights Gildan’s reduced emissions, increased U.S. cotton sourcing, and community contributions.
In a press release shared by Gildan, President and CEO Glenn J. Chamandy stated that he is pleased with the company’s continued commitment to ESG across operations. “ESG is one of the three core pillars of our Gildan Sustainable Growth (GSG) business strategy, and as we continue our journey toward achieving our 2030 ESG targets, we are committed to delivering and reporting on our progress,” he said.
Key Takeaways and ESG Highlights
2022 ESG highlights include:
- Reduced absolute Scope 1 and 2 GHG emissions by 10.9% (compared to a 2018 base year)
- Reduced water intensity by 18.4% (compared to a 2018 base year)
- Sourced 21.7% of its cotton supply from verified U.S.-grown cotton suppliers (USCTP) and Better Cotton
- Contributed $1.1 million to community initiatives
2023 highlights include:
- The Science Based Target initiative (SBTi) validated Gildan’s 2030 near-term targets to reduce Scope 1 and 2 GHG emissions by 30% by 2030 from a 2018 base year. SBTi also validated Gildan’s target to reduce Scope 3 emissions by 13.5% by 2030 from a 2019 base year
- Obtained the first ISO 45001 certification at one of Gildan’s sewing facilities in the Dominican Republic
- Designated as a 2023 “Top-Rated ESG Company” by Sustainalytics’ ESG Risk Ratings
The preceding press release was provided by a company unaffiliated with Apparelist. The views expressed within do not directly reflect the thoughts or opinions of the staff of Apparelist.