Hanes Ranks in Top 6 Percent of Nearly 7,000 Companies Disclosing for
the Climate Change Report
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Feb. 13, 2019--
HanesBrands (NYSE: HBI), a leading global marketer of everyday basic
apparel under world-class brands, today announced that it earned an A-
score and took a leadership position in the CDP
2018 Climate Change Report.
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HanesBrands' A- score, highest in the apparel industry, ranks in top 6 percent of nearly 7,000 companies disclosing for the 2018 CDP Climate Change Report. (Graphic: Business Wire)
Hanes has voluntarily reported its carbon emissions data since 2010 to CDP,
which was formerly known as the Carbon Disclosure Project.
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.
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. Hanes was recognized by the Energy Star program
for a number of accomplishments, including:
Lowering year-over-year energy use per pound of production by 6
percent, saving the company more than $4 million. Since 2007, the
company has reduced energy intensity by nearly 21 percent and
delivered a total cost avoidance of more than $200 million.
Implementing numerous environmental stewardship initiatives, including
the startup of a combined heat-and-power biomass plant in El Salvador
and pilot projects utilizing new technology to reduce energy-intense
water use by 50 percent and energy use by 500 million BTU each year.
Encouraging employee engagement in the company’s energy management
culture through programs such as treasure hunts. Hanes’ most recent
treasure hunt, which was held at the company’s Dos Rios fabric
manufacturing plant in the Dominican Republic, generated nearly 125
employee-led energy reduction ideas for power, steam, compressed air
and water use with a potential savings of nearly $1 million.
Partnering with numerous universities, such as Wake Forest University,
Appalachian State University, North Carolina State University and the
University of Tennessee – Knoxville, to educate the next generation of
business leaders about the importance of integrating environmental
stewardship in business strategy.
HanesBrands also scored higher than its reporting 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.
For more information on Hanes’ commitment to environmental
sustainability, visit Hanes
HanesBrands is a socially responsible leading marketer of everyday basic
innerwear and activewear apparel in the Americas, Europe, Australia and
Asia-Pacific. The company markets T-shirts, bras, panties, shapewear,
underwear, socks, hosiery, and activewear under some of the world’s
strongest apparel brands, including Hanes, Champion, Maidenform,
DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur
Die/Nur Der, L’eggs, Lovable, Wonderbra, Berlei,
Alternative, Gear for Sports, and Bras N Things. More
information about the company and its award-winning corporate social
responsibility initiatives can be found at www.Hanes.com/corporate.
Visit our newsroom at https://newsroom.hanesbrands.com/.
Connect with HanesBrands via social media on Twitter (@HanesBrands),
and LinkedIn (@Hanesbrandsinc).
View source version on businesswire.com: https://www.businesswire.com/news/home/20190213005770/en/
Carole Crosslin: (336) 519-3201