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HanesBrands Achieves Leadership Position in CDP 2018 Report; A- Score Highest in Apparel Industry
HanesBrands Achieves Leadership Position in CDP 2018 Report; A- Score Highest in Apparel Industry
February 13, 2019 at 3:32 PM EST
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190213005770/en/
Hanes has voluntarily reported its carbon emissions data since 2010 to CDP,
which was formerly known as the
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
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 theUniversity of Tennessee –Knoxville , to educate the next generation of business leaders about the importance of integrating environmental stewardship in business strategy.
For more information on Hanes’ commitment to environmental sustainability, visit Hanes For Good.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190213005770/en/
Source:
Carole Crosslin: (336) 519-3201
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