Gildan Activewear Inc

Common Name
Gildan Activewear
Country
Canada
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
50,000
Ticker
GIL
Exchange
TORONTO STOCK EXCHANGE
Description
Gildan Activewear Inc. is a leading manufacturer and marketer of branded basic apparel. Specializing in family apparel, including T-shirts, fleece, socks, and underwear, the company serves as a key su...

Gildan Activewear's Climate Target Data Preview

As of 2024, Gildan Activewear has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Gildan Activewear ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Gildan Activewear’s Climate Targets Data

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a. Gildan Activewear's ESG Report 2024
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Insights into Gildan Activewear's Greenhouse Gas Emissions Pathways

As of 2024, Gildan Activewear has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Gildan Activewear have a target to reduce the emissions from its operations?

As of 2024, Gildan Activewear has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Gildan Activewear's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 753,356 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Gildan Activewear is on track to meet its operational emissions reduction target, having achieved 56.07% of the planned reduction. a

Gildan Activewear's Operational (Scope 1+2) Emissions Pathway

2018202420300200 k400 k600 k800 kBaselineCurrent (-17%)Target 2030 (-30%)

Does Gildan Activewear have a target to reduce the emissions from its value chain?

As of 2024, Gildan Activewear has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Gildan Activewear's most ambitious value chain target is to reduce these emissions by 13.5% by 2030, compared to a baseline of 2,530,884 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Gildan Activewear is ahead of schedule on its value chain emissions reduction target, having achieved 83.63% of the planned reduction. a

Gildan Activewear's Value Chain (Scope 3) Emissions Pathway

2019202420300650 k1.3 M1.95 M2.6 MBaselineCurrent (-11%)
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