MONTREAL-Gildan lands a spot on the Dow Jones Sustainability Index. This marks the sixth consecutive year the company has been included on the indices.
Established in 2005, The Dow Jones Sustainability North America Index (DJSI North America) tracks the performance of companies from Canada and the United States of America regarding corporate sustainability. The organization selected Gildan for its attention to environmental goals such as minimizing waste, decreasing emissions, optimizing the use of natural resources and pursuing continuous improvements in overall operations. Since 2015, Gildan has reduced water usage intensity by 17 percent through investments in high-efficiency dyeing machines, water management systems, and chemical innovation in wet processes. The company also recycled or repurposed 86 percent of total waste last year and generated 43 percent of its overall 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.
“We are proud to again be included on the Dow Jones Sustainability North America Index,” says Claudia Sandoval, vice president of corporate citizenship at 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.”
The company revised its Genuine Responsibility program earlier this year to focus on three commitments; caring for employees, conserving the environment, and creating strong communities. In additional to sustainability efforts, the company takes part in community involvement with youth education, medical care, and free transportation for its global workforce of more than 50,000 direct employees.
“The investments and efforts we make against these commitments further support our vision of Making Apparel Better,” adds Sandoval.
For more information, visit www.gildancorp.com.