Gildan listed on the Dow Jones Sustainability Index
September 16 2019 - 4:22PM
Gildan Activewear Inc. (GIL: TSX and NYSE) announced today that the
Company has been included on the Dow Jones Sustainability North
America Index. This marks the seventh consecutive year that the
Company has been included on the Dow Jones Indices.
“We take great pride in our inclusion on this
index once again this year, being one of only two apparel companies
on the North American index,” said Claudia Sandoval, Vice
President, Corporate Citizenship at Gildan. “We are focused
on increasing the transparency of our operations and approaching
issues in a holistic way. The Company’s vertically-integrated
business model allows us to exercise significant control over the
vast majority of our supply chain. This provides Gildan with the
unique ability to ensure a work environment that supports our
employees’ well-being and professional growth. It also allows us to
identify environmental and resource efficiencies throughout the
life cycle of our products, and support the continued growth and
vitality of our neighbouring communities.”
In the 2019 Dow Jones Sustainability Index
results, Gildan demonstrated strengths in areas such as codes of
business conduct, environmental policy and management systems as
well as environmental reporting, product stewardship, and corporate
citizenship and philanthropy.
Code of business conduct
Gildan has a comprehensive framework governing
corporate compliance policies including the Code of Ethics, the
Code of Conduct, and the Anti-Corruption Policy, amongst others.
All Gildan employees are expected to comply with these policies and
the Company has several processes and training in place to increase
awareness and compliance with these codes across the organization.
Gildan also expects its business partners to adhere to the same
ethical and business conduct standards that it has adopted
internally.
Environmental policy, management systems
and reporting
Gildan’s Global Environment and Energy Policy
guides the Company’s day-to-day practices at all operating
facilities and applies across all environmental impact areas.
The Company’s Environmental Management System (EMS) is based
on the ISO 14001 standard and tracks how the Environmental Policy
and environmental procedures are being implemented across all of
its facilities. The EMS allows the Company to evaluate its
procedures for managing critical areas such as water use,
wastewater discharges, energy generation and consumption, chemical
handling and storage, raw materials selection, waste generation,
biodiversity protection, emissions and spills control.
Corporate citizenship and
philanthropy
Through providing support, Gildan’s community
engagement programs aim to enrich people’s quality of life by
advancing access to education, promoting a healthy and active
lifestyle, protecting local environments and fostering
entrepreneurship. Gildan partners with community organizations to
target and respond to the most pressing needs in the regions where
the Company operates and encourages active involvement from its
employees.
The Dow Jones Sustainability North America Index
was established in September 2005 to track the performance of
companies from Canada and the United States that lead the field in
terms of corporate sustainability.
About Gildan
Gildan 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®,
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. In addition, we sell directly to consumers through our
own direct-to-consumer platforms.
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 54,000 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 Argiriou Vice-President, Investor
Communications (514) 343-8815 sargiriou@gildan.com |
Media
inquiries: Geneviève Gosselin Director, Corporate
Communications and Marketing(514)
343-8814ggosselin@gildan.com |
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