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 GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Gildan Activewear’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gildan Activewear’s data sources below and access millions more through our Disclosure Search.

a. Gildan Activewear's ESG Data Spreadsheet 2024
a. Gildan Activewear's ESG Data Spreadsheet 2024
b. Gildan Activewear's ESG Report 2023
b. Gildan Activewear's ESG Report 2023

Insights into Gildan Activewear's Operational Emissions

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

Gildan Activewear's Scope 1 Emissions Over Time

202220232024035 k70 k105 k140 ktCO2e-15%+24%
  • Total Scope 1
  • Year-over-Year Change

What are Gildan Activewear's Scope 1 emissions?

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

What are Gildan Activewear's Scope 2 emissions?

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

Has Gildan Activewear reduced its Scope 2 emissions over time?

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

What methodology does Gildan Activewear use for Scope 2 reporting?

In 2024, 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

2022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Gildan Activewear's Value Chain Emissions

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

Gildan Activewear's Scope 3 Emissions Over Time

20192022202320240800 k1.6 M2.4 M3.2 MtCO2e+19%-27%+3%
  • Total Scope 3
  • Year-over-Year Change

What are Gildan Activewear's Scope 3 emissions?

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

Has Gildan Activewear reduced its Scope 3 emissions over time?

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

What categories of Scope 3 emissions does Gildan Activewear disclose?

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.

What are the main sources of Gildan Activewear's Scope 3 emissions?

In 2024, the largest contributors to Gildan Activewear's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,739,057 tCO₂e (77.46%)
  • Fuel- and Energy-Related Services (Cat. 3): 147,613 tCO₂e (6.58%)
  • Upstream Transportation and Distribution (Cat. 4): 119,249 tCO₂e (5.31%)

Gildan Activewear's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(6.6%)Purchased Goods andServices (Cat. 1)(77.5%)UpstreamTransportation andDistribution(Cat. 4)(5.3%)

Insights into Gildan Activewear’s GHG Emissions Intensity Compared to Industry Peers

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

Gildan Activewear's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0002,000,000Scope 1 Emissions (tCO2e)505002,00020,000200,000Revenues (Millions of USD)JWCRestaurant Brands InternationalYear: 2023Scope 1: 48,920 tCO2eRevenue: $M 7,022Scope 1 Intensity: 6.97 tCO2e/$MUnder ArmourYear: 2023Scope 1: 3,614 tCO2eRevenue: $M 5,903Scope 1 Intensity: 0.61 tCO2e/$MErmenegildo ZegnaYear: 2024Scope 1: 8,420 tCO2eRevenue: $M 2,370Scope 1 Intensity: 3.55 tCO2e/$MF&F HoldingsYear: 2023Scope 1: 439 tCO2eRevenue: $M 1,554Scope 1 Intensity: 0.28 tCO2e/$MMagna InternationalYear: 2024Scope 1: 418,963 tCO2eRevenue: $M 59,068Scope 1 Intensity: 7.09 tCO2e/$MVedant FashionsYear: 2025Scope 1: 8 tCO2eRevenue: $M 162Scope 1 Intensity: 0.05 tCO2e/$MJJJNBY DesignYear: 2023Scope 1: 20 tCO2eRevenue: $M 672Scope 1 Intensity: 0.03 tCO2e/$MMarimekkoYear: 2024Scope 1: 105 tCO2eRevenue: $M 190Scope 1 Intensity: 0.55 tCO2e/$MCrystal International GroupYear: 2024Scope 1: 49,824 tCO2eRevenue: $M 2,470Scope 1 Intensity: 20.17 tCO2e/$MABFRLYear: 2025Scope 1: 3,024 tCO2eRevenue: $M 861Scope 1 Intensity: 3.51 tCO2e/$MEclat TextileYear: 2024Scope 1: 61,692 tCO2eRevenue: $M 1,124Scope 1 Intensity: 54.88 tCO2e/$MRalph LaurenYear: 2025Scope 1: 13,526 tCO2eRevenue: $M 7,079Scope 1 Intensity: 1.91 tCO2e/$MBosideng International HoldingsYear: 2025Scope 1: 244 tCO2eRevenue: $M 3,885Scope 1 Intensity: 0.06 tCO2e/$MPage IndustriesYear: 2023Scope 1: 1,507 tCO2eRevenue: $M 570Scope 1 Intensity: 2.64 tCO2e/$MKontoor BrandsYear: 2023Scope 1: 16,288 tCO2eRevenue: $M 2,607Scope 1 Intensity: 6.25 tCO2e/$MVFYear: 2024Scope 1: 7,895 tCO2eRevenue: $M 10,454Scope 1 Intensity: 0.76 tCO2e/$MWWWacoal HoldingsYear: 2024Scope 1: 1,578 tCO2eRevenue: $M 1,236Scope 1 Intensity: 1.28 tCO2e/$MH & M Hennes & MauritzYear: 2024Scope 1: 15,102 tCO2eRevenue: $M 21,516Scope 1 Intensity: 0.70 tCO2e/$MHanesBrandsYear: 2023Scope 1: 39,516 tCO2eRevenue: $M 5,637Scope 1 Intensity: 7.01 tCO2e/$MCCChina Dongxiang (Group)Year: 2024Scope 1: 15 tCO2eRevenue: $M 264Scope 1 Intensity: 0.06 tCO2e/$MHugo BossYear: 2024Scope 1: 9,827 tCO2eRevenue: $M 4,482Scope 1 Intensity: 2.19 tCO2e/$MChildren's PlaceYear: 2023Scope 1: 2,864 tCO2eRevenue: $M 1,603Scope 1 Intensity: 1.79 tCO2e/$MMonclerYear: 2024Scope 1: 2,382 tCO2eRevenue: $M 3,235Scope 1 Intensity: 0.74 tCO2e/$MYoungor FashionYear: 2023Scope 1: 22,576 tCO2eRevenue: $M 1,935Scope 1 Intensity: 11.67 tCO2e/$MGildan ActivewearYear: 2024Scope 1: 126,920 tCO2eRevenue: $M 4,573Scope 1 Intensity: 27.75 tCO2e/$M

How does Gildan Activewear's GHG emissions intensity compare to its peers?

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

Where does Gildan Activewear rank on GHG emissions intensity within its industry?

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

Insights into Gildan Activewear's Total Carbon Footprint

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

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