Hanesbrands Earns High Score in 2016 CDP Climate Change Report
WINSTON-SALEM, N.C., November 3, 2016 /3BL Media/ – HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under world-class brands, today announced that it has voluntarily disclosed its carbon emissions and related information for the CDP 2016 Climate Change Report and earned an above-average score of B.
Hanes has voluntary reported its emissions data since 2010 to CDP, which was formerly known as the Carbon Disclosure Project, for its report.
The company posted better performance in the 2016 report than the apparel industry average and overall program average in all CDP reporting categories: governance and strategy, risk and opportunity management, emissions management and verification.
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’ B score demonstrates the significant strides our company, with the support and engagement of our 70,000 worldwide employees, has made in becoming an international business leader in energy management,” Hanes Chief Executive officer Gerald W. Evans Jr. said. “By embracing environmental sustainability and the conservation of natural resources, Hanes is creating value for our company, our investors, our consumers, our employees and our communities. We are proud of our score and look forward to making further progress.”
Hanes has won the U.S. Environmental Protection Agency’s Energy Star partner of the year/sustained excellence award for an unparalleled seven consecutive years. The company, which ranks No. 172 on Newsweek Magazine’s 2016 list of top U.S. green companies, has achieved significant reductions of its environmental footprint and has established even more ambitious goals for 2020. Since 2007, the company has:
Reduced energy consumption by 25 percent, carbon emissions by 21 percent, and water use by 31 percent, and established renewable energy sources for 25 percent of its worldwide energy needs. The benefits of the company’s reduced carbon footprint
Set 2020 goals of 40 percent reduction in energy use and carbon emissions, 50 percent reduction in water use, and sourcing renewable energy for 40 percent of the company’s needs.
Earned Leadership in Energy and Environmental Design certification from the U.S. Green Business Council for numerous facilities, including headquarters, manufacturing, distribution and store buildings in four countries. More than 15 percent of Hanes’ 20 million square feet of worldwide manufacturing, distribution and office space is LEED certified.
HanesBrands, based in Winston-Salem, N.C., is a socially responsible leading marketer of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under some of the world’s strongest apparel brands, including Hanes, Champion, Playtex, DIM, Bali, Maidenform, Bonds, JMS/Just My Size, L’eggs, Wonderbra, Nur Die/Nur Der, Lovable, Berlei, and Gear for Sports. The company sells T-shirts, bras, panties, shapewear, underwear, socks, hosiery, and activewear produced in the company’s low-cost global supply chain. A member of the S&P 500 stock index, Hanes has approximately 70,000 employees in more than 40 countries and is ranked No. 448 on the Fortune 500 list of America’s largest companies by sales. Hanes takes pride in its strong reputation for ethical business practices. The company is the only apparel producer to ever be honored by the Great Place to Work Institute for its workplace practices in Central America and the Caribbean, and is ranked No. 167 on the Forbes magazine list of America’s Best Employers. For seven consecutive years, Hanes has won the U.S. Environmental Protection Agency Energy Star sustained excellence/partner of the year award – the only apparel company to earn sustained excellence honors. The company ranks No. 172 on Newsweek magazine’s green list of 500 largest U.S. companies for environmental achievement. More information about the company and its corporate social responsibility initiatives, including environmental, social compliance and community improvement achievements, may be found at www.Hanes.com/corporate.