The 17th Environmental, Social, and Governance (ESG) report published by America-Canadian apparel manufacturer Gildan Activwear Inc, reflects the company’s key priorities towards continuing its vision of ‘Making Apparel Better.’
As per Apparel Resources, the company faced unprecedented circumstances in 2020 due to the impacts of the COVID pandemic and two back-to-back hurricanes in Central America.
Despite these challenging events, Gildan ended the year on a strong note, demonstrating that operating and financial performance combined with a focus on ESG creates value for all stakeholders.
In 2020, Gildan completed its second set of 5-year environmental targets. Some of the key achievements regarding environment include 33 per cent of Gildan’s total energy from renewable sources, 88 per cent of Gildan’s total waste being recycled or repurposed, 11.4 per cent reduction in water intensity achieved from 2015 to 2020 and 14 per cent decrease in Gildan’s total waste from 2015 to 2020.
In 2020, Gildan achieved the vast majority of its social goals and maintained industry-leading working conditions and labour practices by creating safe and healthy workplaces, respecting human and labour rights and employees’ freedom of association, empowering women and offering competitive benefits.