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Canada's Gildan celebrates 12 years in dow jones sustainability index

07 Jan '25
2 min read
Canada's Gildan celebrates 12 Years in dow jones sustainability index
Pic: Gildan Activewear

Insights

  • Gildan Activewear has been included in the Dow Jones Sustainability North America Index for the 12th consecutive year, ranking in the 98th percentile of the Textiles, Apparel, and Luxury Goods industry.
  • As the only apparel manufacturer on the index, Gildan's commitment to ESG is integral to its long-term strategy, driving sustainable growth and value creation.
Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been included in the Dow Jones Sustainability North America Index (DJSI North America), one of the world’s leading ESG performance rankings for publicly traded companies. This marks the 12 consecutive year the Company has been included in the Dow Jones Sustainability Index. The results highlight that Gildan continues to be a sustainability leader, ranking in the 98 percentile of the Textiles, Apparel, and Luxury Goods industry out of 189 companies assessed in this industry. Gildan was the only apparel manufacturing company included in the DJSI North America.

“We take pride in being included in the DJSI North America again this year. ESG is an integral part of Gildan’s long-term business strategy, and our continued inclusion in the DJSI reflects our two-decade long commitment to sustainability,” says Glenn Chamandy, President and CEO of Gildan. “With our Next Generation ESG strategy firmly rooted in the Gildan Sustainable Growth strategy, we are paving the path for an even more sustainable future for Gildan, our people, our communities, and the environment.”

The Dow Jones Sustainability Indices (DJSI) are a family of best-in-class benchmarks for investors who have recognized that sustainable business practices are critical to generating long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios. The indices measure the performance of companies selected from an Invited Universe that satisfy Environment, Social, Governance & Economic criteria using a best-in-class approach. Constituents of the DJSI are determined using a company’s S&P Global Corporate Sustainability Assessment (CSA) score. The Dow Jones Sustainability North America Index represents the top 20% of the largest 600 North American companies in the S&P Global Broad Market Index that lead the field in terms of sustainability.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (DS)

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