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 Energy Data Preview

In 2023, Gildan Activewear disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Gildan Activewear also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Gildan Activewear also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Gildan Activewear also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Gildan Activewear's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Energy Sold
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Gildan Activewear's Energy Renewability

In 2023, Gildan Activewear consumed a total of 7.58 million Gigajoules of energy across its operations. Of this total, 34.47% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 65.53% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Gildan Activewear's Energy Renewability Rate

34%

How much of Gildan Activewear's energy consumed is renewable?

In 2023, Gildan Activewear consumed a total of 7.58 million Gigajoules of energy, of which 34.47% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that Gildan Activewear is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Gildan Activewear's energy practices becoming more sustainable?

Since 2023, Gildan Activewear's total energy consumption decreased by 11.38%, suggesting a recent decline in overall energy demand.

Over the same period, the share of renewable energy in Gildan Activewear's consumption increased by 8.17%, showing a recent positive trend in clean energy adoption.

Gildan Activewear's Renewable vs Non-renewable Energy Over Time

6.41 M2.91 M593.37 k6.41 MGigajoules (GJ)2022202332%34%68%66%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Gildan Activewear's Energy Consumption & Production Mix

In 2023, Gildan Activewear disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Gildan Activewear's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Gildan Activewear's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(46.3%)Biomass and WasteHeat(34.2%)Fuel Oil(9.0%)

What are the main sources and generation technologies behind Gildan Activewear's energy consumption?

In 2023, Gildan Activewear's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (46.27%)
  • Biomass and Waste Heat (34.22%)
  • Fuel Oil (9.03%)

How diverse is Gildan Activewear’s energy consumption mix?

In 2023, Gildan Activewear consumed energy from 8 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by Gildan Activewear to produce energy?

In 2023, Gildan Activewear's energy production came primarily from

  • Biomass and Waste Heat (100%)

How diverse is Gildan Activewear’s energy production mix?

In 2023, Gildan Activewear produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Biomass and Waste Heat alone making up 100% of total output.

Gildan Activewear's Energy Produced by Sources and Technologies

Biomass and WasteHeat(100.0%)

Insights into Gildan Activewear's Energy Inflows & Self-Sufficiency

In 2023, Gildan Activewear reported total energy inflows of 2.61 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 18,823 Gigajoules purchased from external suppliers and 2.59 million Gigajoules generated through internal production. This corresponds to a production share of 99.28%, reflecting a 9.68% percentage point decrease from the previous year (2022).

Gildan Activewear's Energy Purchased vs Produced Over Time

202220230700 k1.4 M2.1 M2.8 MGigajoules (GJ)99%99%
  • Total Energy Produced
  • Total Energy Purchased
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