HanesBrands Recognized for Sustainability Leadership, Earning A- Scores in Both Climate Change and Water Security From CDP
HBI in top 12% of Companies Assessed, One of Two Peer Companies to Receive Leadership Status in Both Categories
HBI achieved this recognition for its leadership in transparency, best practices and coordinated action on climate change issues and water security.
The A- score for water security is the highest HBI has received from CDP in that category. The company ranked in the top 11% of companies assessed in climate change and top 12% for water security.
HBI has 2030 goals to reduce water use by 25% in their own operations and by 2025, to align wastewater with Zero Discharge with Hazardous Chemicals (ZDHC) wastewater standards.
HBI’s brands, including Hanes, Champion and Bonds, stem from operations that are unique in the apparel industry. The company owns a significant majority of its manufacturing and supply chain operations, creating direct oversight of sustainability practices.
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. More than 18,000 companies were assessed over eleven categories including risk assessment and opportunities, targets and goals, governance, strategy and mitigation efforts, and response performance. The process measures overall progress toward environmental stewardship; comprehensive disclosure, awareness, management, and finally, leadership level.
“We are honored to be recognized as a leader in our sustainability efforts with superior, A- CDP ratings,” said
HBI has a longstanding commitment to leadership in sustainable business practices. The company has been named one of the 100 most sustainable companies in the nation multiple times by Barron’s. HBI is the only apparel company to earn the
HanesBrands (NYSE: HBI) makes everyday apparel that is known and loved by consumers around the world for comfort, quality and value. Among the company’s iconic brands are Hanes, the leading basic apparel brand in
CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over
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