Industry News
Gildan publishes its 18th ESG report G
ildan Activewear has published its 18th Environmental, Social, and Governance (ESG) Report, which outlines the company’s ESG commitments and performance results, accompanied by further details on Gildan’s Next Generation ESG strategy and future targets.
2021 was characterised by the ongoing COVID-19 pandemic, supply chain disruptions, labour shortages, and geo-political and climate uncertainty. Despite these global challenges, Gildan continued its leadership in responsible apparel manufacturing and closed-off the year with strong ESG performance and further progress against its strategic initiatives. Glenn J. Chamandy, president and CEO of Gildan, said: “We are pleased with the work we’ve done to continue playing a role in improving the livelihood of people who make our clothes, protecting the environment, empowering our communities, and increasing the sustainability of our products. “Our vertically integrated business model continues to be the driving force behind our leading ESG practices and allows us to ensure that our products are made with respect throughout our entire supply chain.”
In 2021, Gildan was recognised by the following organisations: • Named one of the ‘World’s 100 Most Sustainable Corporations’ by Corporate Knights.
• Included on the Dow Jones Sustainability Index (DJSI) for the ninth consecutive year.
• Named one of the ‘Top 100 ESG
Companies of 2021’ by The Investor’s Business Daily.
• Received a ‘B’ score on climate change and water security from CDP.
on the 2021 Fashion Transparency Index.
• Ranked sixth out of 250 brands Gildan reports record Q2 results
• To read the report in full visit
www.printwearandpromotion.co.uk
For the second quarter of 2022, Gildan generated sales of $896 million, up 20% on the previous year.
Glenn J. Chamandy, Gildan president and CEO, said: “We are pleased with our record sales and earnings for the quarter, underpinned by the Gildan sustainable growth strategy, including our focus on innovation and ESG. “Furthermore, our first half performance points to the tight control we currently have over our supply chain and cost structure, which puts us in a good position to support our customers’ demand as we move through the remainder of the year.” Activewear sales during Q2 were up 27% to $758 million. This increase was due to higher net selling prices, which reflected base price increases and lower promotional discounting this year, as well as favourable product-mix, and higher activewear shipments in North America. These positive factors were partly offset by lower international shipments due to demand weakness in Asia.
Trotec brings laser expertise to a town near you T
rotec Laser will begin its laser roadshows in September with visits to Aberdeen and
Hemel Hempstead.
Experts will be on hand ready to offer businesses a complete overview of everything needed to be successful with laser processing. A 90-minute appointment at one of the roadshows is often the first step to see what can be achieved with high-end production tools.
www.printwearandpromotion.co.uk
Like Trotec showrooms, the roadshow features a range of different laser machines suitable for different applications, from entry-level cutters to dual-source CO2 and fiber machines for laser engraving mixed materials as well as the flagship Speedy 400 laser engraver for larger material sizes. The roadshows will continue with a visit to Belfast in October and Chelmsford in November.
September 2022 | 9 |
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