In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Gildan Activewear amounted to 430,385 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 2023, the total operational greenhouse gas (GHG) emissions of Gildan Activewear increased by 7.24%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Gildan Activewear were 126,920 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2023), Gildan Activewear's Scope 1 emissions increased by 24.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Gildan Activewear reported Scope 2 greenhouse gas (GHG) emissions of 499,723 tCO₂e using the market-based method and 303,465 tCO₂e using the location-based method. a
Compared to the previous year (2023), Gildan Activewear's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Gildan Activewear 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Gildan Activewear reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Gildan Activewear reported 2,245,056 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 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, Gildan Activewear reported total Scope 3 emissions of 2,245,056 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 96.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.66% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Gildan Activewear's Scope 3 emissions have decreased by 11.29%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Gildan Activewear's Scope 3 emissions remained relatively stable, indicating that Gildan Activewear 's emissions have plateaued with no significant change in its value chain footprint. a
In 2024, 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.
In 2024, the largest contributors to Gildan Activewear's Scope 3 emissions were: a
In 2024, Gildan Activewear reported Scope 1 greenhouse gas (GHG) emissions of 126,920 tCO₂e and total revenues of USD 4,573 millions. This translates into an emissions intensity of 27.75 tCO₂e per millions USD. a
In 2024, Gildan Activewear reported a Scope 1 emissions intensity of 27.75 tCO₂e per millions USD. Compared to the peer group median of 1.85 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Gildan Activewear ranked 24 out of 24 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
In 2024, Gildan Activewear reported a total carbon footprint of 2,675,441 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.36% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Gildan Activewear's total carbon footprint was Scope 3 emissions, accounting for 83.91% of the company's total carbon footprint, followed by Scope 2 emissions at 11.34%. a