– Company to establish specific targets to better the lives of
at least 10 million people
– Use of science-based targets to accelerate reductions in
greenhouse gas emissions
– Packaging and product targets to address use of plastics and
sustainable raw materials
– New sustainability website features increased transparency and
reporting, including data on human rights, responsible sourcing and
diversity and inclusion programs
HanesBrands, a socially responsible leading global marketer of
everyday basic apparel, today announced new, wide-ranging 2030
global sustainability goals that include a commitment to setting
science-based environmental targets, a goal of improving the lives
of at least 10 million people, and addressing the use of plastics
and sustainable raw materials in products and packaging.
The goals were launched via a new sustainability website,
www.HBISustains.com, designed to increase company transparency and
reporting on key metrics, including diversity, human rights
benchmarks and risk assessments for investors.
The company’s efforts, which build upon its long-term success in
ethical workplace practices, community building, energy and carbon
emissions reduction and environmental sustainability, are being
developed in alignment with the United Nations’ Sustainable
Development Goals. The 17 U.N. SDGs address global challenges such
as poverty, inequality, climate change, environmental degradation,
good health and decent work.
Key highlights of the company’s 2030 global sustainability goals
include:
- People: By 2030, HanesBrands will improve the lives of at least
10 million people through health and wellness programs, diversity
and inclusion initiatives, improved workplace quality, and
philanthropic efforts that improve local communities.
- Planet: By 2030, HanesBrands will reduce greenhouse gas
emissions by at least 25% to align with science-based targets,
reduce water use by 25%, use 100% renewable electricity in
company-owned operations, and bring landfill waste to zero.
- Product: At an even quicker pace, HanesBrands will eliminate
all single-use plastics and reduce packaging weight by 25% while
also moving to 100% recycled polyester and sustainably sourced
cotton.
“Our 2030 global sustainability goals across all three people,
planet and product platforms expand our efforts to address key
challenges that will make the world a more comfortable, livable and
inclusive place,” said HanesBrands CEO Stephen B. Bratspies. “As a
global industry leader, HanesBrands has an opportunity to make a
greater impact through our workplace practices, environmental
stewardship and community building initiatives. We’re ramping up
our efforts to pursue ambitious goals that will connect our
strategies with the global priorities of the U.N. SDGs to improve
the lives of people, protect the planet and ensure world-class
sustainable products.”
As part of the company’s 2030 goals, HanesBrands has signed the
Science Based Targets Call-to-Action Commitment Letter, pledging
the company to develop science-based targets by 2022.
HanesBrands has a proven track record in demonstrating its
commitment to environmental stewardship. The company has
significantly reduced energy use and carbon emissions since
implementing an energy management program in 2007. Other recent
achievements include being named one of the 100 most sustainable
companies in the nation by Barron’s; becoming the only apparel
company in history to earn the U.S. Environmental Protection Agency
Energy Star Sustained Excellence Award; and earning a leadership
level A- score for the second year in the CDP 2019 Climate Change
Report.
The company also is building on its long history of employee
volunteerism, which provides ample opportunities for its employees
to give back to their communities. Through its 2030 goals,
HanesBrands is encouraging its 63,000 employees in more than 40
countries to become actively engaged in their communities by
volunteering their time.
HanesBrands’ Sustainability
Website
HanesBrands’ new sustainability website, www.HBISustains.com,
represents the next evolution in the company’s industry-leading
corporate responsibility program. The website details the company’s
historical progress on environmental metrics, workplace practices,
diversity and inclusion initiatives, and long-term vision to
promote the well-being of its people and their communities, the
preservation of the planet, and the sustainability of its
products.
The website is designed to increase transparency into the
company’s operations, systems, processes and products to all
HanesBrands stakeholders.
“As a global industry leader, it is critical for us to have a
strong plan in place to become better stewards of our planet,
advocates for our people, and to continue to develop products that
are made from the best possible combination of sustainable
materials and innovative technology,” said Chris Fox, vice
president of corporate social responsibility, HanesBrands. “Our
people are at the heart of everything we do, so we sustain our
commitment to them and to being community-minded and
environmentally conscious. Our 2030 global goals will lead our
sustainability journey into the next decade.”
Increased Stakeholder Transparency and
Disclosures in Corporate Governance
Unlike most companies in the apparel industry, HanesBrands
primarily manufactures its garments in company-owned plants across
the globe and operates a balanced supply chain across hemispheres,
including fabric production and sewing. Owning the majority of its
supply chain not only impacts cost, scale and flexibility, but also
the ability to adhere to best-in-class management and environmental
practices.
As part of the improved transparency the new website offers,
HanesBrands will be providing insights on a number of key metrics
including:
- Greater transparency around the depth of its human rights
programs including Corporate Human Rights Benchmark
disclosures
- Global gender, U.S. gender and U.S. ethnicity data
- Task Force on Climate-Related Financial Disclosures (TCFD)
information on the financial impacts of climate-related risks and
opportunities, including those related to the global transition to
a lower-carbon economy
- Sustainability Accounting Standards Board (SASB) disclosures
that will enable better comparisons of the company’s sustainability
performance against those of others including environmental impacts
and labor conditions in the supply chain and raw materials
sourcing.
“The world needs all of us to do better, and we will,” said
Bratspies. “We’ve done a lot, but we must do more. Whether you call
it sustainability, or just being as good as we can be, it’s a big
deal to me. And it’s a big deal to HanesBrands.”
For more information on HanesBrands’ 2030 global sustainability
goals, visit www.HBISustains.com.
HanesBrands
HanesBrands (NYSE:HBI) is a socially responsible leading
marketer of everyday basic innerwear and activewear apparel in the
Americas, Europe, Australia and Asia-Pacific. The company sells its
products under some of the world’s strongest apparel brands,
including Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex,
Bras N Things, Nur Die/Nur Der, Alternative, L’eggs, JMS/Just My
Size, Lovable, Wonderbra, Berlei, and Gear for Sports. The company
sells T-shirts, bras, panties, shapewear, underwear, socks,
hosiery, and activewear produced in the company’s low-cost global
supply chain. Hanes takes pride in its strong reputation for
ethical business practices. For more information, visit the
company’s corporate website at www.Hanes.com/corporate and newsroom
at https://newsroom.hanesbrands.com/. Connect with the company via
social media: Twitter (@hanesbrands),
Facebook (www.facebook.com/hanesbrandsinc), Instagram
(@hanesbrands_careers), and LinkedIn (@Hanesbrandsinc).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201008005614/en/
News Media, contact: Matt Hall, (336) 251-3689 (M)
matt.hall@hanes.com
Analysts and Investors, contact: T.C. Robillard, (336)
519-2115
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