Gildan Publishes First Stand-Alone Climate Change Disclosure Report
December 21 2022 - 10:45AM
Gildan Activewear Inc. (GIL: TSX and NYSE) is pleased to announce
that it has published its first stand-alone Climate Change
Disclosure Report structured in accordance with the Task Force on
Climate-Related Financial Disclosures (TCFD) recommendations. The
report highlights how Gildan assesses, prepares, and integrates
climate-related matters into its business processes and represents
a significant step towards fully aligning with the TCFD framework
by 2025, as part of Gildan’s commitments under its Next Generation
ESG strategy.
“Gildan has been monitoring and addressing climate-related risks
and opportunities for over 15 years and the TCFD framework allows
us to better understand our physical and transitional risks, as
well as opportunities to enhance our resiliency over the long-run,”
said Peter Iliopoulos, Senior Vice-President, Taxation,
Sustainability, and Governmental Affairs at Gildan.
Gildan’s 2022 Climate Change Disclosure Report is part of the
Company’s 2022 reporting suite, which includes the 2021 Annual
Report and 2021 ESG Report that were published earlier this
year.
To read the full 2022 Climate Change Disclosure Report, click
here.
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 strong portfolio of
Company-owned brands, including Gildan®, American Apparel®, Comfort
Colors®, GOLDTOE®, Peds®, and under the Under Armour® brand through
a sock licensing agreement providing exclusive distribution rights
in the United States and Canada. The Company’s product offerings
include activewear, underwear, and socks 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.
Gildan operates with a strong commitment to industry leading
Environmental, Social, and Governance (ESG) 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.
Investor inquiries: Sophie Argiriou Vice
President, Investor Communications (514)
343-8815 sargiriou@gildan.com |
Media inquiries: Genevieve
Gosselin Director, Global Communications and Corporate
Marketing (514) 343-8814 ggosselin@gildan.com |
Gildan Activewear (TSX:GIL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Gildan Activewear (TSX:GIL)
Historical Stock Chart
From Jul 2023 to Jul 2024