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HanesBrands Achieves Leadership Position in CDP 2018 Report; A- Score Highest in Apparel Industry
HanesBrands earned an A- score and took a leadership position in the CDP 2018 Climate Change Report.
The company scored in the top 6 percent of nearly 7,000 companies that participated in the most recent report and achieved the highest score in the apparel industry. Receiving nearly across-the-board scores in the A range, Hanes’ performance was also higher than the company’s reporting sector average (B-) and regional average (C-).
Hanes, unique in the apparel industry because it owns the significant majority of its manufacturing and supply chain operations, achieved its CDP score for its transparency and by managing emissions, implementing best practices and taking coordinated action on climate-change issues.
“Hanes’ A- score is a significant milestone in our company’s mission to be an international business leader in energy management and eco-friendly business operations,” Hanes Chief Executive Officer Gerald W. Evans Jr. said. “This achievement is a direct result of the engagement of our 68,000 worldwide employees, and I thank them for their support. By embracing environmental stewardship and the conservation of natural resources, Hanes is creating value for our company, our investors, our consumers, our employees and our communities. And we will continue to work toward achieving our mission.”
Among the company’s 2020 environmental objectives are goals to reduce energy consumption and carbon emissions by 40 percent from its 2007 benchmark.
HanesBrands also scored higher than its sector and region on the CDP disclosure for water. The company’s forest disclosure was not scored by CDP but is available on the organization’s website.
In 2018, Hanes also won a U.S. Environmental Protection Agency’s Energy Star partner of the year/sustained excellence award, for an unparalleled nine consecutive years.