Gildan Included in the Dow Jones Sustainability(TM) Index for the 12th Consecutive Year

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Gildan Activewear (TSX:GIL)(NYSE:GIL) has secured its position in the Dow Jones Sustainability North America Index for the 12th consecutive year, as announced on January 6, 2025. The company achieved remarkable performance, ranking in the 98th percentile among 189 companies in the Textiles, Apparel, and Luxury Goods industry, and stands as the only apparel manufacturing company included in the DJSI North America.

CEO Glenn Chamandy emphasized that ESG remains integral to Gildan's long-term business strategy, with their Next Generation ESG strategy embedded within the Gildan Sustainable Growth initiative. The DJSI, representing the top 20% of the largest 600 North American companies in the S&P Global Broad Market Index, evaluates companies based on Environmental, Social, Governance & Economic criteria using a best-in-class approach.

MONTREAL, QC / ACCESSWIRE / January 6, 2025 / Gildan Activewear

Gildan Activewear Inc. (TSX:GIL)(NYSE:GIL) ("Gildan" or the "Company") is pleased to share that it has been included in the Dow Jones Sustainability™ North America Index (DJSI North America)¹, one of the world's leading ESG performance rankings for publicly traded companies. This marks the 12^th consecutive year the Company has been included in the Dow Jones Sustainability Index. The results highlight that Gildan continues to be a sustainability leader, ranking in the 98^th percentile of the Textiles, Apparel, and Luxury Goods industry² out of 189 companies assessed in this industry. Gildan was the only apparel manufacturing company included in the DJSI North America.

"We take pride in being included in the DJSI North America again this year. ESG is an integral part of Gildan's long-term business strategy, and our continued inclusion in the DJSI reflects our two-decade long commitment to sustainability," says Glenn Chamandy, President and CEO of Gildan. "With our Next Generation ESG strategy firmly rooted in the Gildan Sustainable Growth strategy, we are paving the path for an even more sustainable future for Gildan, our people, our communities, and the environment."

The Dow Jones Sustainability Indices (DJSI) are a family of best-in-class benchmarks for investors who have recognized that sustainable business practices are critical to generating long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios. The indices measure the performance of companies selected from an Invited Universe that satisfy Environment, Social, Governance & Economic criteria using a best-in-class approach. Constituents of the DJSI are determined using a company's S&P Global Corporate Sustainability Assessment (CSA) score. The Dow Jones Sustainability North America Index represents the top 20% of the largest 600 North American companies in the S&P Global Broad Market Index that lead the field in terms of sustainability.

More information about Gildan's ESG strategy can be found here.

1. Index Inclusion Announced on December 23, 2024.
2. CSA Score as of September 17, 2024.

About Gildan

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^® and Peds^®.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.

Investor inquiries:
Jessy Hayem, CFA
Senior Vice-President, Head of Investor Relations and Global Communications
(514) 744-8511
jhayem@gildan.com

Media inquiries:
Genevieve Gosselin
Director, Global Communications and Corporate Marketing
(514) 343-8814
communications@gildan.com

Gildan Included in the Dow Jones Sustainability™ Index for the 12th Consecutive Year

View additional multimedia and more ESG storytelling from Gildan Activewear on 3blmedia.com.

Contact Info:
Spokesperson: Gildan Activewear
Website: https://www.3blmedia.com/profiles/gildan-activewear
Email: info@3blmedia.com

SOURCE: Gildan Activewear

View the original press release on accesswire.com

FAQ

What percentile did Gildan (GIL) achieve in the 2024 Dow Jones Sustainability Index?

Gildan achieved the 98th percentile ranking in the Textiles, Apparel, and Luxury Goods industry out of 189 companies assessed.

How many consecutive years has Gildan (GIL) been included in the DJSI North America?

Gildan has been included in the Dow Jones Sustainability North America Index for 12 consecutive years.

Is Gildan (GIL) the only apparel manufacturer in the DJSI North America for 2024?

Yes, Gildan was the only apparel manufacturing company included in the DJSI North America.

What is the significance of Gildan's (GIL) inclusion in the DJSI North America?

The inclusion indicates Gildan's leadership in sustainability practices and represents the top 20% of the largest 600 North American companies in terms of sustainability performance.

How does Gildan (GIL) integrate ESG into its business strategy?

Gildan integrates ESG through its Next Generation ESG strategy, which is embedded within the company's Sustainable Growth strategy, focusing on people, communities, and environmental sustainability.