Gildan Releases 2017 Genuine Responsibility™ Report and New CSR Website

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Gildan Releases 2017 Genuine Responsibility™ Report and New CSR Website

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.@GildanCorp's Genuine Responsibility 2017 report now available on a new dedicated website! Visit www.genuineresponsibility.com to learn more about their commitment towards caring for our people, conserving the environment and creating stronger communities. #GenuineResponsibility
Tuesday, August 14, 2018 - 2:00pm

CONTENT: Press Release

August 14, 2018 /3BL Media/ - Gildan Activewear Inc. (GIL; TSX and NYSE) announces the release of its Genuine Responsibility™ 2017 report now available on its new dedicated CSR website www.genuineresponsibility.com. This year’s report, once again prepared in accordance with the GRI Standards: Comprehensive option, highlights the Company’s 2017 results, key priorities and future commitments toward its vision of Making Apparel Better™.

“We are pleased to share the social and environmental results from our operations in 2017,” said Claudia Sandoval, Vice-President, Corporate Citizenship. “This year we have reset our strategic priorities, based upon an extensive materiality assessment performed with our stakeholders. We have also anchored our focus to specific United Nations’ Sustainable Development Goals as part of a larger collective vision for affecting change in the protection of our planet and the well-being of its inhabitants. As a Company, we understand that our continued growth and success demands that we proactively implement sustainable solutions throughout our operations and honour our commitments to caring for our people, conserving the environment and creating stronger communities.”

Caring for our People

Gildan’s commitment to its 50,000 employees worldwide goes well beyond offering fair wages, to creating sustainable programs that create positive impacts for its employees, their families and the communities where it operates. Aside from delivering more than 2 million of training and development hours last year, the Company provided over 181,000 free medical consultations, U.S. $4.8M towards free transportation and U.S. $15.8M in subsidized meals for employees. 

As diversity and inclusion is an important pillar for the Company, Gildan has pursued a variety of initiatives designed to provide development opportunities to women, including the Women’s Empowerment Program in collaboration with World Vision Honduras, the Women’s Leadership Series and other initiatives. The Company hopes to inspire, engage and support women in developing their leadership skills in both their professional and personal lives. Today, over 42% of Gildan’s management positions are filled by women.

Conserving the Environment

In 2017, Gildan successfully reduced its water intensity per kg of production by 10% through continued investments in new technologies and innovation. Recognizing the value of this important resource, Gildan is piloting several research projects to reduce its water extraction loads by reintegrating recovered water back into its processes.

Gildan’s impacts on climate change are largely driven by energy consumption in its operations. Biomass steam generation operations have allowed the Company to generate 43% of all used energy from renewable sources in 2017. The Company made further investments into technologies, such as absorption chillers, which harness thermal energy from steam to create cool air for the Company’s air conditioning systems in several facilities, significantly reducing energy demands and corresponding GHG emissions.

Creating Strong Communities

Gildan is committed to generating positive economic impacts in the regions that go beyond the scope of its operations. In 2017, the Company purchased U.S. $150M from local suppliers and prioritized hiring of local talent. As a result, 83% of all management positions in its operations are held by local employees.

Gildan also invests in developing infrastructure in its communities to support health and education. In Honduras, the Company contributed U.S. $518,000 towards the refurbishment of the newborn unit at the Mario C. Rivas Hospital in San Pedro Sula, Honduras. This new facility will provide care and services to more than 3,000 infants, annually, addressing both acute and chronic illnesses.

Through its American Apparel® Pencils of Promise campaign, the Company contributed more than U.S. $200,000 to help raise awareness and support for child literacy, building new schools, improving infrastructure and providing support to teachers in Guatemala and Ghana. 

In further support of youth education in developing countries, the Company donated U.S. $75,000 to Room to Read® to implement a Girls’ Education Program in Bangladesh, and established a library and literacy program at a school in Dhaka.

Once again last year, the Company was recognized for its ongoing commitment to operate responsibly through its inclusion on the Dow Jones Sustainability World Index (DJSI World Index) for the fifth consecutive year.  It remains the only North American company in the Textiles, Apparel and Luxury Goods industry group listed in the World Index.

About Gildan
Gildan is a leading manufacturer of everyday basic apparel which 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®, Gildan® Hammer™, Gold Toe®, Anvil®, Alstyle®, Secret®, Silks®, Kushyfoot®, Secret Silky®, Therapy Plus™, Peds® and MediPeds®, and under the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. Our product offering includes activewear, underwear, socks, hosiery, and legwear products 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. In addition, we sell directly to consumers through our own direct-to-consumer platforms.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean Basin, North America, and Bangladesh. With over 50,000 employees worldwide Gildan operates with a strong commitment to industry-leading labour and environmental practices throughout its supply chain in accordance with its comprehensive Genuine Responsibility™ program embedded in the Company's long-term business strategy. More information about the Company and its corporate citizenship practices and initiatives can be found at www.gildancorp.com and www.genuineresponsibility.com, respectively.

Keywords: Research, Reports & Publications | CSR Reports | Corporate Social Responsibility | GRI Standards | Gildan Activewear | Media & Communications | NYSE:GIL | Sustainability | csr

CONTENT: Press Release