MONTREAL-Gildan Activewear releases its annual Corporate Social Responsibility (CSR) report for 2016. The CSR outlines the company’s efforts to invest in local communities, employ environmental stewardship, and manufacture product at predominately company-owned and operated facilities.
“As one of the world’s largest manufacturers of apparel and socks, we understand that operating responsibly and integrating sustainable solutions drives our success and enables our future growth,” says Glenn Chamandy, President and CEO, Gildan. “Providing good working conditions for our employees, improving the communities where we operate, and pursuing continuous improvements to reduce our impacts on future generations is at the foundation of our commitment.”
In the report, Gildan states that nearly 90 percent of its revenue derives from company-owned and operated facilities.
“Gildan was founded on the vision that owning its factories, investing in technology, and pursuing continuous improvements was the best way to operate and to make better products,” adds Chamandy.
The report also breaks down multiple community investment endeavors the corporation took on in 2016, including:
- The construction of an infant ward at a Honduran hospital
- A partnership with World Vision Honduras for the “Building Safe and Healthy Environments for Children” program
- More than 450 scholarships to Gildan employees and community members throughout the U.S., Canada, and Latin America
- Multiple relief efforts for recent natural disasters in Haiti, Louisiana, and Alberta, Canada
In addition to community involvement, Gildan says it is on track towards its 2020 environmental goals, which call for a 10 percent reduction in energy, water, emissions, and landfill waste intensity.
With the release of the report, the company also earns its fourth consecutive year of inclusion in the Dow Jones Sustainability World Index.
For more information, visit http://www.mygildan.com.