ESG governance
Our Board of Directors oversees the progress of our Next Generation ESG strategy and targets. The Corporate Governance and Social Responsibility Committee (Governance Committee) of our Board is responsible for overseeing our ESG policies and practices, including those relating to the environment, labour and human rights, health and safety, community engagement, stakeholder relations, and other ESG topics.
The Board receives a comprehensive report on ESG matters at each quarterly meeting that highlights key developments, issues, and risks. The Senior Vice-President, Global Supply Chain, Sales, Marketing, and Distribution and the Vice-President, Global Social Compliance and Environmental Affairs, also report on ESG performance metrics to the Governance Committee on a quarterly basis.
Our ESG Steering Committee is co-chaired by our President and Chief Executive Officer and the Executive Vice-President, Chief Administrative Officer, and comprised of executive and senior management. It is tasked with developing and overseeing the execution and monitoring of our Next Generation ESG strategy. Five working groups are chaired by senior leaders and made up of cross-functional representatives who support ESG strategy development and implementation. The ESG Steering Committee meets on a quarterly basis.
ESG is integrated into the Company’s overall financial and operating performance with certain ESG targets directly linked to the Company’s Sustainability Linked Loan and executive compensation.
20-years in the making
Since the early 2000s, Gildan has been dedicated to respecting and protecting human rights, using natural resources responsibly, and contributing to the positive development of our communities. In the process, we have become a global leader in responsible apparel manufacturing.
