Gildan Included on the 2021 Dow Jones Sustainability Index for the Ninth Consecutive Year
November 17 2021 - 8:00AM
Gildan Activewear Inc. (GIL: TSX and NYSE) is pleased to announce
that it has been included on the 2021 Dow Jones Sustainability
Index (DJSI), one of the world's leading ESG performance rankings
for publicly traded companies. This marks Gildan's ninth
consecutive year of inclusion since the Company first made the
index in 2013. The results released on November 12th, 2021,
highlight that Gildan continues to be a leader ranking in the 95th
percentile of all companies in the Textiles, Apparel & Luxury
Goods industry, and also the only apparel manufacturer on the North
American index. The DJSI North America index comprises North
American sustainability leaders representing the top 20% of the
largest 600 North American companies in the S&P Global BMI
based on long-term economic, environmental and social criteria.
"We are pleased to be included on the DJSI
for North America once more, with scores that continue to reflect
Gildan's distinct commitment to strong Environmental, Social, and
Governance (ESG) practices," said Glenn Chamandy, President and CEO
of Gildan. "Our ninth consecutive inclusion in the index is the
result of more than 20 years dedicated to developing, integrating,
and standardizing ethical and sustainable practices throughout our
supply chain. This, in combination with our unique
vertically-integrated business model, which provides us with
complete control over our operations, has allowed Gildan to be a
leader in responsible apparel manufacturing," he continued. "As we
look to the future, we are eager to continue our ESG journey and
deepen our sustainability practices with our Next Generation ESG
strategy and targets which will be announced early in the new
year."
"We congratulate Gildan for being included in
the Dow Jones Sustainability Index for North America. A DJSI
distinction is a reflection of being a sustainability leader in
your industry. The record number of companies participating in the
2021 S&P Global Corporate Sustainability Assessment is a
testament to the growing movement for ESG disclosure and
transparency," says Manjit Jus, Global Head of ESG Research,
S&P Global.
Created jointly by S&P Dow Jones Indices and
SAM, the Dow Jones Sustainability Index family is a best-in-class
benchmark for evaluating sustainable business practices. The DJSI
Index applies a transparent, rules-based component selection
process based on the companies' Total Sustainability Scores
resulting from the annual S&P Global Corporate Sustainability
Assessment (CSA). Only the top-ranked companies within each
industry are selected for inclusion in the Dow Jones Sustainability
Index family. This year, more than 10,000 publicly traded companies
were invited to participate in the S&P Global CSA.
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®, GOLDTOE®, Anvil® by
Gildan®, Alstyle®, Secret®, Silks®, 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, North America, and Bangladesh. With
approximately 46,000 employees worldwide, Gildan operates with a
strong commitment to industry-leading labour, environmental and
governance practices throughout its supply chain in accordance with
its comprehensive ESG program embedded in the Company's long-term
business strategy. More information about the Company and its ESG
practices and initiatives can be found at www.gildancorp.com and
www.genuineresponsibility.com, respectively.
Investor inquiries:Sophie ArgiriouVice President,
Investor Communications(514) 343-8815 sargiriou@gildan.com |
Media inquiries:Genevieve GosselinDirector,
Corporate Communications and Marketing(514)
343-8814ggosselin@gildan.com |
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