Gildan receives Bronze Class Distinction in the 2020 SAM Sustainability Yearbook
February 05 2020 - 9:29AM
Gildan Activewear Inc. (GIL: TSX and NYSE) is pleased to announce
that the Company has been included in the 2020 SAM Sustainability
Yearbook for the eighth-consecutive year. This year, Gildan
received a Bronze Class distinction signifying that Gildan achieved
a mark between 5% to 10% of the top scores in the Textiles, Apparel
and Luxury Goods industry. Gildan is the only North American
company to be included amongst the 2020 Sustainability Leaders in
this sector.
The Yearbook, one of the world’s most comprehensive publications
on corporate sustainability, showcases the sustainability
performance of the world's largest companies in each industry as
determined by their score in the annual SAM Corporate
Sustainability Assessment (CSA). S&P Global, which acquired the
ESG Ratings business from RobescoSAM in 2019, assessed over 4,700
companies across 61 industries this year with the goal of
identifying those that exemplify leading corporate sustainability
practices and a focus on long-term growth drivers.
“We are proud to be part of the SAM Sustainability Yearbook once
again and be recognized for our dedication to operating ethically
and our emphasis on sustainability accross all levels of our
operations,” said Claudia Sandoval, Vice President, Corporate
Citizenship at Gildan.
“We congratulate Gildan on its Bronze Award in The
Sustainability Yearbook 2020, which showcases the best performing
companies among industry peers and in terms of financially material
ESG metrics. As the Corporate Sustainability Assessment constantly
raises the bar, so the Yearbook remains a highly credible source of
corporate sustainability insights. This year it is launched under
the S&P Global brand, and with increased public access to the
SAM ESG Scores of all companies,” said Manjit Jus, Global Head of
ESG Research and Data at S&P Global.
About GildanGildan is a leading
manufacturer of everyday basic apparel which markets its products
in North America, Europe, Asia-Pacific, and Latin America, under a
diversified portfolio of Company-owned brands, including Gildan®,
American Apparel®, Comfort Colors®, Gildan® Hammer™, Prim + Preux®,
Gold Toe®, Anvil® by Gildan®, Alstyle®, Secret®, Silks®,
Kushyfoot®, Secret Silky®, Therapy Plus™, Peds® and MediPeds®, and
under the Under Armour® brand through a sock licensing agreement
providing exclusive distribution rights in the United States and
Canada. Our product offering includes activewear, underwear, socks,
hosiery, and legwear products sold to a broad range of customers,
including wholesale distributors, screenprinters or embellishers,
as well as to retailers that sell to consumers through their
physical stores and/or e-commerce platforms, and to global
lifestyle brand companies.
Gildan owns and operates vertically-integrated, large-scale
manufacturing facilities which are primarily located in Central
America, the Caribbean Basin, North America, and Bangladesh. With
approximately 53,000 employees worldwide Gildan operates with a
strong commitment to industry-leading labour and environmental
practices throughout its supply chain in accordance with its
comprehensive Genuine Responsibility™ program embedded in the
Company's long-term business strategy. More information about the
Company and its corporate citizenship practices and initiatives can
be found at www.gildancorp.com and
www.genuineresponsibility.com, respectively.
Investor inquiries:Sophie ArgiriouVice President,
Investor Communications(514) 343-8815sargiriou@gildan.com |
Media
inquiries:Genevieve GosselinDirector, Corporate Marketing
and Communications(514) 343-8814ggosselin@gildan.com |
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