Sustainability governance
Our Board of Directors oversees the progress of our Next Generation Sustainability strategy and targets. The Corporate Governance and Social Responsibility Committee (Governance Committee) of our Board is responsible for overseeing our sustainability policies and practices, including those relating to the environment, labour and human rights, health and safety, community investment, stakeholder relations, and other sustainability topics.
The Board receives a comprehensive report on sustainability 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 sustainability performance metrics to the Governance Committee on a quarterly basis.
Our Sustainability Steering Committee is co-chaired by our President and Chief Executive Officer and the Executive Vice-President, Chief Legal and Administrative Officer, and comprised of executive and senior management. It is tasked with developing and overseeing the execution and monitoring of our Next Generation Sustainability strategy. Five working groups are chaired by senior leaders and made up of cross-functional representatives who support Sustainability strategy development and implementation. The Sustainability Steering Committee meets on a quarterly basis.
Since 2022, a portion of the executive short-term incentive program is tied to the advancements of sustainability targets to create greater alignment between executive compensation and shareholder interest. Gildan’s sustainability goals represent 25% of the strategic performance assessment and are a combination of environmentally focused objectives and an objective tied to human capital management.
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.
