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 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)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 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).

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.

Gildan Activewear's Scope 1 Emissions Over Time

201920222023035 k70 k105 k140 ktCO2e-15%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

What are Gildan Activewear's Scope 2 emissions?

In 2023, Gildan Activewear reported Scope 2 greenhouse gas (GHG) emissions of 422,824 tCOâ‚‚e using the market-based method, and 299,081 tCOâ‚‚e using the location-based method.

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.

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.

Gildan Activewear's Scope 2 Emissions Over Time

2019202220230150 k300 k450 k600 ktCO2e
  • 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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

Gildan Activewear's Scope 3 Emissions Over Time

2019202220230800 k1.6 M2.4 M3.2 MtCO2e+19%-27%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Purchased Goods and Services (Cat. 1): 1,670,877 tCOâ‚‚e (76.4%)
  • Fuel- and Energy-Related Services (Cat. 3): 165,318 tCOâ‚‚e (7.56%)
  • Upstream Transportation and Distribution (Cat. 4): 123,866 tCOâ‚‚e (5.66%)

Gildan Activewear's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(76.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(7.6%)UpstreamTransportation andDistribution(Cat. 4)(5.7%)

Insights into Gildan Activewear's Total Carbon Footprint

In 2023, Gildan Activewear reported a total carbon footprint of 2,588,409 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

Want Full Access to Gildan Activewear's GHG Emissions Dataset?
Sign Up