Gildan listed on the Dow Jones Sustainability Index
September 14 2018 - 3:35PM
Gildan Activewear Inc. (GIL: TSX and NYSE), announced today that
the Company has been included on the Dow Jones Sustainability North
America Index. This is the sixth consecutive year that Gildan has
been included on the Dow Jones Indices.
“We are proud to again be included on the Dow Jones
Sustainability North America Index,” said Claudia Sandoval, Vice
President, Corporate Citizenship, Gildan, “Receiving this
recognition as one of a small group of leading apparel companies is
a great validation of the tremendous efforts of our people.
Following a comprehensive materiality assessment with key
stakeholders this year, we revised our Genuine Responsibility™
program to focus on three commitments, namely, caring
for our employees, conserving the environment and creating strong
communities. The investments and efforts we make against these
commitments further support our vision of Making Apparel
Better™.”
The Company has more than 50,000 direct employees
worldwide and is driven to provide safe and healthy work
environments, treat all employees with respect and to increase the
prosperity of employees, their families and communities by offering
fair wages, free medical clinics and medication, subsidized meals,
free transportation as well as training and development programs.
The Company’s environmental goals include
minimizing waste, decreasing emissions, optimizing the use of
natural resources and pursuing continuous improvements in every
aspect of its operations, from yarn-spinning and textile
manufacturing to garment sewing. Since 2015, Gildan has decreased
water usage intensity by 17% through investments in high-efficiency
dyeing machines, water management systems and chemical innovation
in wet processes. Gildan also recycled or repurposed 86% of its
total Company waste last year and generated 43% of its total energy
needs through renewable sources made possible through investments
in Biomass steam generation systems, which burn agricultural and
factory waste as a primary fuel source.
In its communities, Gildan aims to strengthen
social infrastructure and support local economic development
through investments in youth education, active living, conservation
of the environment and promotion of local entrepreneurship.
The Dow Jones Sustainability North America Index
(DJSI North America) was established in September 2005 to track the
performance of companies from Canada and the United States of
America that lead the field in terms of corporate
sustainability.
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™, 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. 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 over 50,000 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: Garry Bell Vice
President, Corporate Communications and Marketing (514) 744-8600
gbell@gildan.com
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