Gildan Included on the Dow Jones Sustainability™ Index for 11th Consecutive Year
22 December 2023: Gildan Activewear Inc. has announced that it has been included on the Dow Jones Sustainability™ North America Index (DJSI North America) for its ongoing efforts towards ESG initiatives. This marks 11th consecutive year the Company has been included on the Dow Jones Sustainability Index (DJSI).
Gildan achieved fifth highest Corporate Sustainability Assessment score in the Textiles, Apparel, and Luxury Goods Industry, placing the Company in 98th percentile within its sector. This year, 190 companies were assessed in the Textiles, Apparel and Luxury Goods Industry.
“Gildan’s continued inclusion on DJSI underscores our commitment to sustainability and highlights the ongoing efforts of our employees across our business,” says Peter Iliopoulos, Senior Vice-President of Taxation, Sustainability and Governmental Affairs at Gildan. “This recognition reflects our commitment to our Next Generation ESG strategy, which aims to create long-term value for our stakeholders and contribute to the well-being of our planet.”
The DJSI follows a best-in-class approach, surveying companies from each industry and identifying sustainability leaders through the Corporate Sustainability Assessment. It represents top 20% of largest 600 North American companies in the S&P Global Broad Market Index based on long-term economic, environmental, and social criteria.
Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms, and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, Peds®, in addition to the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in USA and Canada.
www.gildancorp.com