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Canada's Gildan secures spot on DJSI North America for 11th year

22 Dec '23
15 min read
Pic: Gildan
Pic: Gildan

Insights

  • Gildan Activewear has been recognised for the 11th consecutive year on the Dow Jones Sustainability North America Index for its ESG initiatives.
  • The inclusion reflects the company's commitment to its Next Generation ESG strategy, aiming to benefit stakeholders and the planet, highlighting its position amongst the top sustainable companies in North America.

Gildan Activewear has been included on the Dow Jones Sustainability North America Index (DJSI North America) for its ongoing efforts towards ESG initiatives. This marks the 11th consecutive year the company has been included on the Dow Jones Sustainability Index (DJSI).

Gildan achieved the fifth highest corporate sustainability assessment score in the textiles, apparel, and luxury goods industry, placing the company in the 98th percentile within its sector. This year, 190 companies were assessed in the textiles, apparel, and luxury goods industry, the company said in a media release.

“Gildan’s continued inclusion on the DJSI underscores our commitment to sustainability and highlights the ongoing efforts of our employees across our business. This recognition reflects our commitment to our Next Generation ESG strategy, which aims to create long-term value for our stakeholders and contribute to the well-being of our planet,” said Peter Iliopoulos, senior vice-president of taxation, sustainability, and governmental affairs at Gildan.

The DJSI follows a best-in-class approach, surveying companies from each industry and identifying sustainability leaders through the  corporate sustainability assessment. It represents the top 20 per cent of the largest 600 North American companies in the S&P Global Broad Market Index based on long-term economic, environmental, and social criteria.

Fibre2Fashion News Desk (HU)

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