Gildan's Recent Accolades in Sustainable Practices
In a proud moment for Gildan Activewear Inc. (NYSE: GIL, TSX: GIL), the company has once again secured its place on the esteemed list of Canada’s Best 50 Corporate Citizens by Corporate Knights. This recognition marks Gildan's fourth consecutive appearance on this coveted list, showcasing its dedication to sustainability and corporate responsibility within the textiles and clothing manufacturing sector.
Sustainability at the Core of Gildan’s Mission
Gildan’s commitment to Environmental, Social, and Governance (ESG) factors is a crucial aspect of their Sustainable Growth strategy. Glenn Chamandy, the President and CEO of Gildan, expressed gratitude towards the teams contributing to the Next Generation ESG strategy. He emphasized the seamless integration of sustainable practices with business success, stating that these recognitions validate their efforts.
Recognition from Industry Leaders
The inclusion on Corporate Knights’ list highlights Gildan’s performance across 25 key performance indicators (KPIs), evaluating various aspects such as resource management, sustainable revenue, employee engagement, and supplier performance. This honor mirrors the company's unwavering focus on sustainable practices and its determination to deliver quality apparel responsibly.
Global Sustainable Practices Acknowledged
In addition to Corporate Knights, Gildan was also featured on TIME’s list of the World’s Most Sustainable Companies. This global recognition places Gildan among merely 13 Canadian companies selected, reinforcing its reputation within the Apparel, Footwear & Sporting Goods industry subcategory.
The Value of Corporate Recognition
Recognition from renowned entities like Corporate Knights and TIME is not merely an accolade for Gildan, but rather a testament to their long-standing commitment to sustainable practices. Being among the top companies evaluated based on external sustainability ratings and engagement in essential social and environmental activities solidifies Gildan's standing as a leader in sustainable apparel manufacturing.
Gildan's Product Portfolio and Commitment
Gildan prides itself as a leading manufacturer of everyday basic apparel, providing a broad assortment of products including activewear, underwear, and socks. The company sells its items through various channels—ranging from wholesale distributors and screenprinters to retailers across North America, Europe, Asia Pacific, and Latin America. Notable brands under Gildan include Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, and Peds®, along with a licensing agreement for Champion® in the printwear sector.
Manufacturing Excellence and Ethical Standards
Gildan's vertically integrated manufacturing facilities are strategically located across Central America, the Caribbean, North America, and Bangladesh. The company operates with an uncompromising focus on ethical practices throughout its supply chain, aligning with its comprehensive ESG program. This initiative ensures a commitment to the preservation of the environment and upholding labor rights, while consistently producing high-quality products.
Investor Relations and Media Contact Information
Investors and media representatives looking for more information on Gildan are encouraged to reach out through the following contacts:
Investor inquiries: Jessy Hayem, CFA, Senior Vice-President, Head of Investor Relations and Global Communications, (514) 744-8511, jhayem@gildan.com
Media inquiries: Genevieve Gosselin, Director, Global Communications and Corporate Marketing, (514) 343-8814, communications@gildan.com
Frequently Asked Questions
What awards has Gildan recently received?
Gildan has been recognized on Canada’s Best 50 Corporate Citizens list and made it onto TIME’s World’s Most Sustainable Companies list.
What does Gildan specialize in?
Gildan specializes in the manufacturing of everyday basic apparel, including activewear, underwear, and socks.
Where are Gildan's manufacturing facilities located?
Gildan operates manufacturing facilities primarily in Central America, the Caribbean, North America, and Bangladesh.
How does Gildan ensure its sustainability practices?
The company implements a comprehensive ESG program that governs its sustainability strategy and operations.
Who can I contact for media or investor inquiries?
For investor inquiries, contact Jessy Hayem; for media inquiries, reach out to Genevieve Gosselin.
