Gildan Activewear Inc
Gildan Activewear's GHG Emissions Data Preview
In 2023, Gildan Activewear completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Gildan Activewear has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Gildan Activewear’s Greenhouse Gas (GHG) Emissions Data
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Insights into Gildan Activewear's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Gildan Activewear amounted to 401,325 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gildan Activewear decreased by 16.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Gildan Activewear's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Gildan Activewear's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Gildan Activewear were 102,244 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Gildan Activewear's Scope 1 emissions decreased by 15.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Gildan Activewear's Scope 2 emissions?
In 2023, Gildan Activewear reported Scope 2 greenhouse gas (GHG) emissions of 422,824 tCO₂e using the market-based method and 299,081 tCO₂e using the location-based method. a
Has Gildan Activewear reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Gildan Activewear's Scope 2 emissions (Location-Based) fell by 16.97% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Gildan Activewear use for Scope 2 reporting?
In 2023, Gildan Activewear reported its Scope 2 emissions using the market-based method and using the location-based method. a
Gildan Activewear's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Gildan Activewear's Value Chain Emissions
In 2023, Gildan Activewear reported 2,187,084 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Gildan Activewear includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Gildan Activewear's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Gildan Activewear's Scope 3 emissions?
In 2023, Gildan Activewear reported total Scope 3 emissions of 2,187,084 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 96.51% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.49% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Gildan Activewear reduced its Scope 3 emissions over time?
Since 2019, Gildan Activewear's Scope 3 emissions have decreased by 13.58%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Gildan Activewear's Scope 3 emissions decreased by 27.13%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Gildan Activewear disclose?
In 2023, Gildan Activewear reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Gildan Activewear's Scope 3 emissions?
In 2023, the largest contributors to Gildan Activewear's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 1,670,877 tCO₂e (76.4%)
- Fuel- and Energy-Related Services (Cat. 3): 165,318 tCO₂e (7.56%)
- Upstream Transportation and Distribution (Cat. 4): 123,866 tCO₂e (5.66%)
Gildan Activewear's Scope 3 Emissions by Categories
Insights into Gildan Activewear’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Gildan Activewear reported Scope 1 greenhouse gas (GHG) emissions of 102,244 tCO₂e and total revenues of USD 3,196 millions. This translates into an emissions intensity of 31.99 tCO₂e per millions USD. a
Gildan Activewear's Scope 1 Emissions Intensity Compared to Peers
How does Gildan Activewear's GHG emissions intensity compare to its peers?
In 2023, Gildan Activewear reported a Scope 1 emissions intensity of 31.99 tCO₂e per millions USD. Compared to the peer group median of 1.89, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Gildan Activewear rank on GHG emissions intensity within its industry?
In 2023, Gildan Activewear ranked 20 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Gildan Activewear among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Gildan Activewear's Total Carbon Footprint
In 2023, Gildan Activewear reported a total carbon footprint of 2,588,409 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.68% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Gildan Activewear's total carbon footprint was Scope 3 emissions, accounting for 84.5% of the company's total carbon footprint, followed by Scope 2 emissions at 11.55%. a