HanesBrands Scores a Superior A- Grade for Continued Environmental Stewardship in the CDP 2019 Climate Change Report
January 23 2020 - 9:47AM
Business Wire
Hanes ranks in the top 6% of nearly 8,400 companies disclosing
data for the report
Demonstrating continued achievements in environmental
stewardship, HanesBrands today announced it earned a leadership
level A- score for the second year in the CDP 2019 Climate Change
Report.
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Hanes, unique in the apparel industry
because it owns the significant majority of its manufacturing and
supply chain operations, achieved its CDP score – one of only 82 in
North America to earn an A- – for its transparency, best practices
and coordinated action on climate change issues. (Photo: Business
Wire)
Hanes has voluntarily reported its carbon emissions data since
2010 to CDP, which was formerly known as the Carbon Disclosure
Project.
Hanes, unique in the apparel industry because it owns the
significant majority of its manufacturing and supply chain
operations, achieved its CDP score – one of only 82 in North
America to earn an A- – for its transparency, best practices and
coordinated action on climate change issues.
The company, which has also earned the U.S. Environmental
Protection Agency’s Energy Star partner of the year/sustained
excellence award for 10 consecutive years, has significantly
reduced energy use and carbon emissions since implementing an
energy management program in 2007. Recent achievements include
developing the capability to convert wastewater sludge to energy,
retrofitting facilities with LED light tubes and improving water
efficiency in boiler operations with reverse osmosis
technology.
“Hanes’ superior CDP scores are attributable to our ongoing
commitment to be an international business leader in energy
management and eco-friendly business operations,” said HanesBrands
CEO Gerald W. Evans Jr. “This achievement is a direct result of the
efforts and engagement of our 68,000 worldwide employees, and I
thank them for their support. By embracing environmental
stewardship and the conservation of natural resources, Hanes is
creating sustainable value for our company, our investors, our
consumers, our employees and our communities.”
The company scored in the top 6% of nearly 8,400 companies that
participated in the most recent report and achieved one of the
highest scores in the apparel industry. Hanes’ performance was also
higher than the average score in the textiles and fabric goods
category (C), the North America category (C) and the global
category (C). The company received nearly across-the-board scores
in the A range, including emissions reduction initiatives,
governance and opportunity disclosure.
Among Hanes’ 2020 environmental objectives, which are published
on its Hanes for Good corporate social responsibility website, are
goals to reduce energy consumption and carbon emissions by 40% from
its 2007 benchmark. The company has made significant progress on
these and its other aggressive commitments, including:
- Renewable energy sources accounted for 41% of the company’s
energy usage, surpassing its 2020 goal of 40%. Increased
utilization of the company’s biomass facilities in El Salvador and
the Dominican Republic, along with use of hydro and geothermal
energy, fueled the 8-percentage point increase in use of renewable
energy compared to 2017.
- A 23% reduction in energy use per pound of production versus
its 2007 baseline and a 2% reduction from 2017. The company’s 2020
goal is to reduce energy use by 40%. To date, the company’s
energy-reduction efforts have delivered a total cost avoidance of
more than $220 million.
- A 36% decrease in carbon dioxide emissions versus its 2007
baseline, nearly reaching its 2020 goal of a 40% reduction.
Bolstered by the significant jump in Hanes’ use of renewable
energy, these emissions were down nearly 11% in 2018 versus the
prior year.
- A 31% cut in water use against the company’s 2020 goal of 50%
compared to its 2007 baseline. Hanes’ water use was down 2% versus
2017.
- An 86% diversion of supply chain waste, or 107 million pounds,
from landfills while working toward a 2020 goal of 100%.
Hanes also completed the 2019 CDP questionnaires for water and
forest, scores for which will be released in early February.
For more information on the company’s commitment to
environmental sustainability, visit Hanes For Good.
HanesBrands
HanesBrands (NYSE:HBI) is a socially responsible leading
marketer of everyday basic innerwear and activewear apparel in the
Americas, Europe, Australia and Asia-Pacific. The company sells its
products under some of the world’s strongest apparel brands,
including Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex,
Bras N Things, Nur Die/Nur Der, Alternative, L’eggs, JMS/Just My
Size, Lovable, Wonderbra, Berlei, and Gear for Sports. The company
sells T-shirts, bras, panties, shapewear, underwear, socks,
hosiery, and activewear produced in the company’s low-cost global
supply chain. Hanes takes pride in its strong reputation for
ethical business practices. For more information, visit the
company’s corporate website at www.Hanes.com/corporate and newsroom
at https://newsroom.hanesbrands.com/. Connect with the company via
social media: Twitter (@hanesbrands),
Facebook (www.facebook.com/hanesbrandsinc), Instagram
(@hanesbrands_careers), and LinkedIn (@Hanesbrandsinc).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200123005505/en/
Carole Crosslin: 336-671-3704 (cell) or
carole.crosslin@hanes.com
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