US' HanesBrands gets A- in climate change & water security by CDP

The A- score for water security is the highest HBI has received from CDP in that category. The company ranked in the top 11 per cent of companies assessed in climate change and top 12 per cent for water security. HBI has 2030 goals to reduce water use by 25 per cent in their own operations and by 2025, to align wastewater with Zero Discharge with Hazardous Chemicals (ZDHC) wastewater standards, the company said in a media statement.

HBI’s brands, including Hanes, Champion and Bonds, stem from operations that are unique in the apparel industry. The company owns a significant majority of its manufacturing and supply chain operations, creating direct oversight of sustainability practices. CDP’s annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency. More than 18,000 companies were assessed over eleven categories including risk assessment and opportunities, targets and goals, governance, strategy and mitigation efforts, and response performance. The process measures overall progress toward environmental stewardship; comprehensive disclosure, awareness, management, and finally, leadership level.

“We are honoured to be recognised as a leader in our sustainability efforts with superior, A- CDP ratings. Consumers around the world know our iconic brands for comfort, quality, and style, and they trust our responsible and sustainable supply chain. This achievement is the result of our worldwide associates who work tirelessly to achieve ambitious sustainability goals,” Steve Bratspies, CEO, HanesBrands, said.

HBI has a longstanding commitment to leadership in sustainable business practices. The company has been named one of the 100 most sustainable companies in the nation multiple times by Barron’s. HBI is the only apparel company to earn the U.S. Environmental Protection Agency Energy Star Sustained Excellence Award. HBI has been named one of the World’s Most Ethical Companies for a second straight year by Ethisphere.

Fibre2Fashion News Desk (GK)