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Receiving nearly across-the-board scores in the A range, Hanes’ performance was also higher than the company’s reporting sector average (B-) and regional average (C-). Hanes has voluntarily reported its carbon emissions data since 2010 to CDP, which was formerly known as the Carbon Disclosure Project.
Hanes, unique in the apparel industry because it owns the significant majority of its manufacturing and supply chain operations, achieved its CDP score for its transparency and by managing emissions, implementing best practices and taking coordinated action on climate-change issues.
"Hanes’ A- score is a significant milestone in our company’s mission to be an international business leader in energy management and eco-friendly business operations," Hanes chief executive officer Gerald W Evans Jr. said. "This achievement is a direct result of the engagement of our 68,000 worldwide employees, and I thank them for their support. By embracing environmental stewardship and the conservation of natural resources, Hanes is creating value for our company, our investors, our consumers, our employees and our communities. And we will continue to work toward achieving our mission."
Among the company’s 2020 environmental objectives are goals to reduce energy consumption and carbon emissions by 40 per cent from its 2007 benchmark.
In 2018, Hanes also won a U.S. Environmental Protection Agency’s Energy Star partner of the year/sustained excellence award, for an unparalleled nine consecutive years. Hanes was recognised by the Energy Star program for a number of accomplishments. Few of these include lowering year-over-year energy use per pound of production by 6 per cent, implementing numerous environmental stewardship initiatives and educating the next generation of business leaders about the importance of integrating environmental stewardship in business strategy among others. (RR)
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