Gildan Included in Leadership Band on CDP’s 2020 Climate Change Report
12 December 2020: Gildan Activewear Inc. has announce that it has been included as a top performer on CDP’s 2020 Climate Change Report. Gildan received an A- for the second consecutive year placing the Company in CDP’s leadership band, and well above the apparel design sector average of C.
Companies scoring within the leadership category are recognized for their transparent and comprehensive disclosure of climate data, thorough awareness of climate risks, demonstration of strong governance and management of climate risks, and demonstration of market-leading practices. More specifically, Gildan this year scored particularly high in areas related to governance, scope 1 & 2 emissions, value chain management, as well as business strategy and financial planning. In 2019, Gildan was able to decrease its GHG emissions intensity by 13% when compared to its 2015 baseline, effectively achieving and surpassing one of its key 2020 environmental goals early.
“As we complete our 2020 goals, we are incredibly proud to see that our commitment towards sustainability continues to be recognized by leading organizations like CDP for our progress towards corporate transparency and action against climate change,” said Claudia Sandoval, Vice-President of Corporate Citizenship at Gildan. “This inclusion demonstrates that Gildan is amongst the top 8% of companies worldwide, reporting on climate change, making significant progress towards a more sustainable future. We are well positioned to continue to do so in the long-run as we remain committed to our three Environmental, Social and Governance (ESG) pillars of caring for our people, conserving the environment, and creating stronger communities.”
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