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Gildan, again part of Dow Jones Sustainability Index
08
Sep '17
Courtesy: Gildan
Courtesy: Gildan
Gildan Activewear is part of the Dow Jones Sustainability World Index for the fifth consecutive year and the DJSI North American Index for the second consecutive year. Gildan, manufacturer of quality branded basic family apparel, is the only North American company in the Textiles, Apparel and Luxury Goods industry group listed in the DJSI World Index.

Gildan is a leading manufacturer and marketer of quality branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery, and shapewear.

“We take great pride in our inclusion in the DJSI indices, which is a testimony to our ongoing commitment to operating responsibly and sustainably,” said Glenn Chamandy, president and chief executive officer, Gildan. “We are focused on our vision of Making Apparel Better and leveraging our vertically-integrated business model, wherein we own and operate our manufacturing facilities and directly control almost all aspects of the process, allowing us to positively influence our impacts and how our products are made.”

In 2016, Gildan continued to show good progress towards reaching its Genuine Responsibility 2020 Goals. The company effectively reduced energy usage intensity by 10 per cent, mainly through the use of high efficiency steam absorption chillers that harness geothermal energy from BioMass steam systems to generate air conditioning for its facilities.

Additionally, the company leveraged renewable energy sources thus avoiding over 155,000 tonnes of its green house gas emissions primarily through its highly efficient BioMass systems, which burn agricultural and manufacturing waste to generate steam for Gildan’s textile facilities. This past year, another important milestone was achieved within the company’s waste management initiatives wherein Gildan recycled or repurposed 86 per cent of its total company waste. (SV)

Fibre2Fashion News Desk – India


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