Gildan Activewear announced that the Company is one of only two North American companies to be included in the Dow Jones Sustainability World Index in the Textiles, Apparel and Luxury Goods sector, with effect from September 23, 2013.
The Dow Jones Sustainability Indices (DJSI) track the financial performance of the leading sustainability-driven companies worldwide. These indices serve as benchmarks for investors who integrate sustainability considerations into their investment philosophy.
The annual DJSI review is based on a thorough analysis of corporate economic, environmental and social performance carried out by RobecoSAM, an investment specialist focused exclusively on sustainability investing. The analysis covers issues such as supply chain standards and labour practices, environmental policy/management systems, corporate governance and risk management.
"We are proud to be recognized for our commitment to sustainability by our inclusion in this prestigious global index," commented Glenn Chamandy, President and Chief Executive Officer. "All of our stakeholders can continue to have confidence that our vertical manufacturing and supply chain business model allow us to ensure that the Gildan family of branded products are manufactured in safe and responsible working conditions, which is now further reinforced by our inclusion in the Dow Jones Sustainability World Index."
Gildan is a leading supplier of quality branded basic family apparel, including T-shirts, fleece, sport shirts, socks and underwear. The Company sells its products under a diversified portfolio of Company-owned brands, including the Gildan, Gold Toe and Anvil brands and brand extensions, as well as under license agreements for the Under Armour and New Balance brands. The Company distributes its products in printwear markets in the U.S. and Canada, where Gildan is the industry-leading brand, and the Company is increasing its penetration in international printwear markets.