Corporate Knights’ ranking of the world’s 100 most sustainable corporations is based on a rigorous assessment of nearly 7,000 public companies with revenues of over $1 billion. The assessment methodology assesses up to 25 quantitative key performance indicators including sustainable revenue and investment, carbon productivity, and racial and gender diversity, according to a press release by Gildan.
“We are pleased to be recognised by Corporate Knights’ once more, demonstrating Gildan’s strong commitment to ESG,” said Glenn Chamandy, president and CEO of Gildan. “Our increased ranking reflects our dedication and hard work in developing and advancing our Next Generation ESG strategy over the past year which includes increasing gender diversity, focusing on sustainable investments, employee safety, and linking executive compensation to ESG targets, amongst other initiatives. Under this strategy, we are driving ESG further into our business and remain committed to the path ahead to ensure that our products are made with respect for our people, the environment, and our communities from start to finish.”
Last month, Gildan also announced the publication of its first stand-alone Climate Change Disclosure Report and its 10th consecutive inclusion on the Dow Jones Sustainability Index as well as its inclusion in CDP’s Leadership Band for its climate change disclosures in 2022.
Fibre2Fashion News Desk (NB)