Gildan Activewear has been ranked 32nd in The Wall Street Journal’s new ranking of the Top 100 Most Sustainably Managed Companies in the world. The company has also bagged the 6th spot among the top 10 companies in the world in the business model/innovation sub-ranking. These rankings highlight the effectiveness of the company’s vertically-integrated operating model and supply chain from a sustainability standpoint. Gildan was the second among three apparel companies to be included in the top 100 ranking and was also the only North American apparel company.
Based on the review of 500 publicly traded companies, the Wall Street Journal’s inaugural ranking of the World’s Most Sustainably Managed Companies evaluated companies for their disclosure standards for data showing what programs, policies and performance metrics they have in place for several key sustainability dimensions, including environment, human capital, social capital, and business model/innovation.
The scores take a broad view of sustainability that assesses a company’s ability to create value over the long term, using criteria considered most financially relevant as defined by the Sustainability Accounting Standards Board (SASB), a nonprofit organization that works with companies and investors to create a framework for reporting on sustainability.
