January 23, 2023 – Gildan Activewear Inc. is pleased to announce that it has been included in Corporate Knights’ 2023 Global 100 list of the world’s most sustainable corporations for the second consecutive year. Gildan moved up its ranking from 79th last year to 60th overall this year, and was the only apparel manufacturing company included on the list globally.
“We are pleased to be recognized by Corporate Knights’ once more, demonstrating Gildan’s strong commitment to ESG,” says 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.”
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 US$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.